tendency

SPY: you'd seriously buy this?

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Rarefied air up here very close to multi-year top IMO. Sure, we can grind higher for a few months .. but all you buyers, look at the trajectory of this weekly chart. Do you really think it can keep going straight up for much longer?

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I'm not putting any cash in this rigged market, I don't care missing out.
Rule #1 never lose money.
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yes
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I was saying that back in July, but yet here we are. This is the "greater fool" theory playing out. I think we are right around the week of April 18 or Dec 27, 1999. Market should have started a healthy bear market in Jan, 2019, but the Fed figured out how to artificially stop a recession with money printing. Who new you could effectively print money to pay yourself (treasure bonds).
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tendency Dr_Roboto
@Dr_Roboto, I think we could move higher for 2-4 months and wouldnt be surprised to see us print a 4 handle but we're getting close, very close, IMO to a serious pullback. Thanks-
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