Sunday, February 23, 2014
THINGS ARE not what they seem
What does this mean? Markets keep rising to new highs, as FED policy SLOWLY tapers down the stimulus and free money that got it there. It is possible and even likely NEW new highs are coming! but my guess is no more than 10% from current levels! more likely a slopping around. And then one day......the FED WILL finally raise the funds rate from 0% and my guess also is the RICHY RICHY crowd will have slowly been hitting the exits leaving everyone else holding the bag. This repeats every single time a cycle ends....like summer turns to fall
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4 comments:
the s and p 600 are diverging big time...the market is not broad...that cant be good...Best, Steve
http://www.traderfeed.blogspot.com/2014/02/getting-fresh-perspective-on-stock.html
Just want to thank you for posting again D. I was worried this bull might be over, but you come out again to tell us how market is going to roll over, and we make new highs. You are the man. Jack B
Jack B,
Thank you for calling D out. I've been saying how wrong he is for so long now. He doesn't get it.
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