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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (428381)1/30/2015 6:24:36 PM
From: Rarebird  Read Replies (1) of 436258
 
There is a 75%-80% chance the top is already in for the S&P. At best, I see nothing more than a few marginal highs over the next 3 months before things start to roll over.

After the 8%-10% loss in 2015, the S&P will lose at least 30% in 2016. The March 2009 bottom should hold unless Yellen loses her mind and starts jacking up rates like Bernanke did.

The jig is pretty much up.
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