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To: MythMan who wrote (428350)1/29/2015 9:50:08 AM
From: Rarebird  Respond to of 436258
 
<< Fed will plug the Titanic...Always have, always will.>>

I see you have become a religious zealot and have taken a leap of faith in the Fed.



To: MythMan who wrote (428350)1/29/2015 10:28:45 AM
From: Rarebird  Read Replies (1) | Respond to of 436258
 
What you are seeing here is what is in store for 2015. A very choppy market with a downward bias for the rest of 2015. Given the market's sky high valuation, low earnings growth and slow removal of Fed monetary support, I see a down year of 8-10% for the S&P this year and an acceleration of the downtrend in 2016.

Putting your faith in someone who is as clueless as Yellen is not very wise. Market participants have a nice history of turning on a dime.


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