Quote from S2007S:
Ignore it now but this market is ALREADY in another bubble, you can laugh and believe what you want but the fact is that a new bubble is forming at this very second, with rates at 0% and liquidity being pushed through the system the next bubble has arrived thanks to no other but BUBBLE ben bernanke, he is following greenspan perfectly, remember that the only way to keep this economy from falling under is to pump it up with liquidity and that is what they are doing at this very second, what is happening in this market right now is not healthy. I said the same thing back a few years ago with the housing bubble and credit bubble. Most are ignoring the fact that there is a bubble in the making, they will ignore until well after the fact. Can the market continue to rise? Of course it can, I'm not trying to say the rally is over, all I'm saying is that many have already forgot about the credit crisis just a year ago. Amazing how they continue to pump the market higher making it "feel" the worst is over. Who knows what to expect, all I can say is that as healthy as this market may feel in reality its far from it.
yup.. i realized we were in a bubble in feb 2010, 11 months to late to buy at dump prices... instead i tried to daytrade and got crushed... now trying swingtrade..
I do hate myself for missing out on the 200-300% returns I could have gotten... but alas...
Now i am thinking we could very well go to S&P 1300-1400 in one year! I know it's sounds totally stupid and out there...
