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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (13395)11/27/2012 1:40:54 PM
From: Fiscally Conservative4 Recommendations  Read Replies (1) | Respond to of 33421
 
Remembering reading and hearing actly the same sentiments back in 2007-2008, lol.
The only thing the beloved S&P market has done so far is try and retrace the 2007 highs. She is getting close but am not inclined to think she will get there before retracing back those steps taken the last four years.
The path of least resistance certainly does not point higher. The street would have the Ignoramuses think otherwise. The street has plenty of inventory to Sell; Business as usual.
AIMHO