Jp came out and boosted its year end numbers on the spx to 1715....why 1715, at the rate the spx is moving it should be there by 1st week of June...1757 by July 17th 1787 by July 27 1808 by August 16th 1889 by September 27th 1900 by October 2nd a slight pull back to 1824 and then to 2147 by December 17th.
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Who exactly is buying?
- Thread starter will848
- Start date
Jp came out and boosted its year end numbers on the spx to 1715....why 1715, at the rate the spx is moving it should be there by 1st week of June...1757 by July 17th 1787 by July 27 1808 by August 16th 1889 by September 27th 1900 by October 2nd a slight pull back to 1824 and then to 2147 by December 17th.
Just keep in mind the spx is 12%%%%&%% above its 200 day moving average, extremely, extremely, extremely rare. No worries its up 150% from it's lows. Im smelling another 150% this time however in less than 2 years. Bubble ben bernake has created the biggest bubble known to man kind. Just ride the bubbles until they pop.
i think bubble ben lost control of this train. i don't think markets are build for this craziness. if your long its hard to jump off i totally get it and its very logical riding it up. there is nothing but buyers on all dips. the problem is one day you can wake up and the JGB will have popped. its like central banks are messing around with mother nature. there is not a drop of fundamentals in this move up its all fear of missing the run. when you watch crazy stuff like this Ron Paul seems on point.
No worries till s&p crosses 2500Quote from brokerboy:
i think bubble ben lost control of this train. i don't think markets are build for this craziness. if your long its hard to jump off i totally get it and its very logical riding it up. there is nothing but buyers on all dips. the problem is one day you can wake up and the JGB will have popped. its like central banks are messing around with mother nature. there is not a drop of fundamentals in this move up its all fear of missing the run. when you watch crazy stuff like this Ron Paul seems on point.
This bull market has just started. Long way to go
I would say QE will be tapered off soon and that will probably cause the markets to at least pause. If QE is not tapered off, the markets could go to the moon.
I still expect the emergence of a US recession later this year, perhaps early next year and that's another reason why we'll see a correction at least.
Having said that, it mind be useful to have a look at a long term chart with specific reference to when the Dow or SP500 makes an all time new high, what happens afterwards...
I still expect the emergence of a US recession later this year, perhaps early next year and that's another reason why we'll see a correction at least.
Having said that, it mind be useful to have a look at a long term chart with specific reference to when the Dow or SP500 makes an all time new high, what happens afterwards...
Bubble Ben is now starting to worry how to unwind this Mad Scientist experiment, and sees the difficulty of doing so. Not only that, but other major world economies like Japan have decided to use his printing press strategy to lift their economies which have been in the doldrums for a decade+. Furthermore, he's stepping down at end of this year, and will be pulling a Greenspan....fading into the sunset. For all you rookies, yes, ride the wave, but make sure every trade you make is with a Stop, because when the plunge begins, it will be like nothing that you have seen in your lifetime.
??? He already said he will just hold to maturityQuote from hayman:
Bubble Ben is now starting to worry how to unwind this Mad Scientist experiment, and sees the difficulty of doing so. Not only that, but other major world economies like Japan have decided to use his printing press strategy to lift their economies which have been in the doldrums for a decade+. Furthermore, he's stepping down at end of this year, and will be pulling a Greenspan....fading into the sunset. For all you rookies, yes, ride the wave, but make sure every trade you make is with a Stop, because when the plunge begins, it will be like nothing that you have seen in your lifetime.
think about it before you start running around declaring the sky is falling
Quote from oldtime:
??? He already said he will just hold to maturity
think about it before you start running around declaring the sky is falling
He said that this was an option, not a definite. Take off your rose colored glasses and look at the BIG picture; the world may actually shock you.
Quote from hayman:
Bubble Ben is now starting to worry how to unwind this Mad Scientist experiment, and sees the difficulty of doing so. Not only that, but other major world economies like Japan have decided to use his printing press strategy to lift their economies which have been in the doldrums for a decade+. Furthermore, he's stepping down at end of this year, and will be pulling a Greenspan....fading into the sunset. For all you rookies, yes, ride the wave, but make sure every trade you make is with a Stop, because when the plunge begins, it will be like nothing that you have seen in your lifetime.
nearly every little tin horn dictator in south america has gone the bernanke route. the result has always been to bring the country to economic ruin. why americans think their country is exempt from the laws of economics is beyond me. perhaps they think the country is too big too fail. the reality is that it will be like the sinking of the titanic. it just took longer.