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To: MythMan who wrote (427805)12/6/2014 4:05:58 PM
From: Trumptown  Respond to of 436258
 
LOL....that, and spastic comes to mind....




To: MythMan who wrote (427805)12/8/2014 11:45:49 AM
From: Rarebird  Read Replies (3) | Respond to of 436258
 
The rise in your beloved S&P continues to be confirmed by almost nothing. The Russell 2000 and NYSE Composite Index both remain below their July-September highs. High yield bonds, such as JNK are also below their July-September period. More importantly, there is No confirmation by credit spreads which have been widening since June. Moreover, the number of new individual stocks making new highs is low and the number of individual stocks making new lows is high, considering the new highs in the major senior indices.

The S&P is a big accident waiting to happen. December 2014 most likely looks safe, but I wouldn't get my hopes up much longer if I was a Bull for 2015, unless I liked playing with fire.