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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Fiscally Conservative who wrote (102684)10/2/2009 5:47:33 AM
From: Dan33 Recommendations  Respond to of 116555
 
Re: Market could explode higher within weeks again.

Yes, it could. We're in the middle of the "next bubble" the S&P 500 bubble, that's absorbing the liquidity being pumped in by the FED. It's a bubble, so it could go rapidly to 1500 or higher.

It might also POP down to 500 (where fundamentals suggest it belongs).

This isn't a market anymore, it's a crap shoot.


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