Sic transit gloria mundi
Actually, the VIX and SPX charts are getting especially scary, indicating the very real possibility of a blow-off, parabolic finish to all of this. s in, SPX 2000 by June FOMC, amazing.I'll chart it up tonight.
if we see s&ps 2000 this month i feel good about 2,400 next year.not an unreasonable move. since taper of 40b market is unstoppable. why would it end? fed isn't going to do something stupid
re: fed isn't going to do something stupid -I would merely refer you to the last 100 years of the Federal reserve.
as relates to stocks. usd is toast in long run. stocks are not. so why not own stocks as hedge against weaker usd? only game in town right now. 17 new s&p ath's since ms yellen began...end not in sight yet
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