We will not make new highs this year

Quote from piezoe:

The mistake you're making is to think the market is rational or perhaps that it is not really manipulated by a collection of liars cheats and thieves (otherwise affectionately referred to as Goldman Sachs).

This is an election year, therefore why wouldn't the market go to the moon before the Tuesday after the first Monday in November???
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I'm talking about the fact that volume leads price stupid

Cheers,
 
Unless there is further QE I think this runup is over. The US dollar is losing it's reserve status and that portends not-good things for US economy..
 
QE will be of no help. QE can create a floor, but its not going to keep pumping this market.

What will it definitely do?

Destroy the dollar.

Want a trade?

Short the dollar.
 
Quote from ksmetana:

QE will be of no help. QE can create a floor, but its not going to keep pumping this market.

What will it definitely do?

Destroy the dollar.

Want a trade?

Short the dollar.
More...
I bet long a dollar will do better than an IRA!
 
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