| | | Nah, it's going to the moon. Gonna have largest one day upside ever. Will be fueled by many just itching to lose money on companies that are lowering forecasts going forward, ACA that will have no impact on the individual, employee, a fed that will reverse itself and increase the taper to 100B a month, increases in tax revenue, decreases in balance sheets. And let's not forget an improving global that has no concerns re currency, politics and other. Heck Qtar just reversed itself re all those projects they shut down. And Egypt, Syria,Libya, Sudan, etc are all sending rain checks to all those countries that lost the rev from the projects halted. Brazil, Ven, Argen, China, don't matter.. YUP TO DA MOON.
I've forecasted a 35-40 for the bell curve avg for a while. And it was delayed by the QE3, Govt shut down and delay in taper. Yet FA is FA and that Bell Curve Avg that was 66.7 is now 55.4 ish. A bp spx that was 82 and is now 62 that cut thru a support are like a hot knife thru butter and after any near term rally which is always expected will drop to 40 and before it's done 26.
YUP.. TO THE MOON.
Just not with my money.
Fintas |
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