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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (48511)4/11/2013 11:47:52 AM
From: ggersh  Read Replies (1) | Respond to of 220818
 
Is this even possible? how would CNBC and Bloomberg handle that? -g-

"in fact, today could be the high for the year..."



To: GROUND ZERO™ who wrote (48511)4/11/2013 12:13:07 PM
From: Fintas  Read Replies (1) | Respond to of 220818
 
OH my friend I disagree. We still exist. We can use our atm's, we can cash checks. We will continue to do so well into the future IMHO.

Now many will debate the doom and gloom.

However, I understand as long as the patient remains alive there is a chance of recovery.

The longer this system stays functional the better the chance of recovery.

NOW we may not recover as we once was. There many be changes. Heck there already are.

As for the bubble bursting. Nah if we understand the characteristics of a bubble burst.

Dropping 15%-20% is no biggee. Dropping 100% as would occur with a bubble bursting is a biggee!. That aint' happening.

So we can continue to disagree re Bernanke but agree we have a decent pullback coming.

Fintas



To: GROUND ZERO™ who wrote (48511)4/11/2013 12:47:59 PM
From: Fintas  Read Replies (1) | Respond to of 220818
 
Here's what you said.

"I'm so sorry to break the news to you, but he can't fix anything, he can only make it worse... he's living in a bubble and he created a market bubble which will eventually burst soon enough... "

He and his gang have been successful at avoiding the collapse/seizure as well as fixing it. That is why we still function. Do they have challenges. YUP. Will those challenges come from other parts of the world as well as within. YUP.. But will it BURST. NO!

Market will have alot of air let out of that balloon. Yet the balloon will not collapse. Where I sit that's success given what they were faced. Balloon will drop, spend time repairing, basing and UP we go to higher heights.

So again we do not agree re Bernanke or the term market bubble will eventually burst. Burst is a strong word just as CRASH is. 15%-20% from 1570/1600 is nada in the big picture. We do agree re % decline.

By the way looking at that spy I'd say yup the ice is thin.

Fintas