Quote from Marcell:
People here still don't understand something. There won't be any drop, ever. Markets are recovering and will continue to, if your gut feeling does not feel right or not. Whether you believe the Fed is manipulating or not. Markets are psychology, the Fed has NO INFLUENCE on the market in the long term. Don't argue with this Alex Jones type of conspiracy theory. Markets are rising not because some central bank is pumping liquidity but because market participants expect the future to be brighter than the present. So look at markets worldwide, Hang Seng being the outperformer since the recovery and in perhaps the most obvious bull flag since a year. SPX saw its bottom at 1040, and had a fake breakdown in July at 1010. It will never go there again. Bears can't get their job done! Fullstop. Yes, markets faltered frequently at the highs which only shows that bulls were not ready at this point. Tomorrow we will see the next blast higher and your negativity will find its ultimate end. Just buy buy buy