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To: MythMan who wrote (423335)2/25/2013 10:05:31 PM
From: Rarebird  Respond to of 436258
 
I don't see much upside for the broad market. But Tops tend to be long drawn out affairs. Sideways equity behavior combined with occasional new highs to draw in new money is the most likely scenario for the next 2-3 months. The Risk vs Reward Ratio is slanted tremendously to the downside.

The consensus seems to think that the US economy will rebound in the first quarter. I see little evidence of that. I'll likely take a short position in early May.



To: MythMan who wrote (423335)2/26/2013 8:23:24 PM
From: Terry Maloney  Read Replies (3) | Respond to of 436258
 
Nobody seems to be taking this sequestration thing seriously, including the markets. What's up with that?