Every down day seems to be the beginning of the crash

in #trading7 years ago

Every time the markets have a decent sized pullback, the CNBC monkeys are calling the top. Then 2 days later they are cheering about the rally. I guess this is the New Normal of financial markets. I think a full blown correction will be hard to come by, simply because of rotation. it seems like the same money is just rotating from sector to sector. If they can get financials and energy to move higher, we should see SPX 2500 fairly soon.

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Thanks for sharing...