Quote:
Originally Posted by Tape Reader
Sell the market. Sharp decline imminent.
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it took me a few days to try to put this on a fundamental basis, what i see are long term interest rates up double off the bottom. i see oil having run to fast to the upside and should back down to around $50 per barrel. most important number that i see is that people on margin are at all time highs. once they get called in, it will exaggerate the downward move. you have a great shot to be right on your call for about 500 s+p points going south the way the stars are aligned now.