I'm getting bored sitting on the sidelines. Question: Using your magic ability to predict price movement, whether it be indicators, fibonaccis, EW, harmonics, MAs, volume, or whatever other system you use, when will there be at least a 5% pullback in the S&P500?
Me too. I probably lost 20k of potential profits, but my brain is only able to take trades it believes in.
The pull back will happen when its least expected. Always does....If the SPX closes up again it will be 10 out of 12 days its been up in January, if it were the other way around they would have probably injected a few hundred billion into the system to prop up the market...no one wants a market thats down day after day, if its up day after day after day well thats fine, no worries. So I just want to know with all this good news from earnings reports to the economic reports when is BUBBLE ben bernanke going to start to raise those interest rates, BUBBLE ben bernanke actually thinks they are going to keep rates low for another 2 years at 0%.....haha