SP500 - I remain short on the bigger picture

FX:SPX500   S&P 500 Index
490 4 10
It could be something similar to what happened in July 2007.

If so it could be 10% in 5 weeks.

I can't see vertical upside here. the market is fast so far.. something has to give.

I feel the last move up last week was forced by news and is not so impressive after all.

The best case is 2140 mid march15 (worst case for shorts). I still dont think so.
Just because people are forced in to the equity, I guess the speed of going down would not be that fast. Likely a trending down with fluctuation.
Great way to illustrate the point.
No one wants to buy this market. People are forced in by world wide interest rates. I believe this will be the greatest rip off of all time.
+1 Reply
2140 is the 1.618 from 07 high to 09 low. Just shorting what I can hold to that point. The down side is much greater.
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