KrunchieKilleen
Short

S&P: a Battle the Bulls can't win

FX:SPX500   S&P 500 index of US listed shares
154 0 1
The current battle is one the Bulls won't win. Each time thery thow more money in, the Bears are back in town driving prices down. Next step: the Bulls lose heart, throwing in the towel and then the markets fall vertically down thirty or forty per cent.
What's different between the present pattern and the dip in Jan/Feb and again in Jul/Aug. This time the markets know that increased interest rates are imminent.
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