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Politics : Stockman Scott's Political Debate Porch
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To: Crimson Ghost who wrote (73788)1/13/2007 3:36:30 AM
From: LTK007  Read Replies (1) of 89467
 
<<Market assumption that NOTHING can ever upset the applecart in the face of all the dangers facing the world is truly unprecedented.>> Newman was putting out figures of how amazing this has been.

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SPX has now gone 181 days without even a 2%!! correction.

They have been researching much and note the incredible rush of one new ETF after another after another since July , and volume needed to buy the underlying of a new ETF comes out with a relentless inflow to the new ETFs such that they see it can explain there being this relentless quality.
They simply say such action as this will have a terrible ending, but no date given.

They still rank the short-term as extreme risk.

They also note that based on November Margin, they now believe the percemtage of total market value on Margin as very likely broken the year 2000 high. Max

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Note: Newman showed a lot last year.
In spite of maitaining a avoid U.S. market, they nonethelass made 29% last year, counting losses and gains realized and positions maintained from 2006.
There biggest winner was EWJ, and which they still hold.
Their biggest loss was 10% on a short of QQQQ.
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