yk-
It's clear to me that you are delusional. This is a classic case of a massive sucker's rally,this is a classic case?? when i used the term "classic case" concerning the markets awhile back (specifically about their cyclical nature), this is what you responded with:
That being the case, the system has never been exposed to what would be a normal market cycle. Sometime after the LTCM collapse Greenspan admitted that it posed a systemic threat. Therefore, when people like yourself that are in the business refer to the stock market crash as a cyclic occurance you betray your own ignorance of how the system operates.so before, this couldnt be a "classic case" of anything, because weve never seen a "normal market cycle". but now, suddenly we are having a "classic case" of a suckers rally.......ill tell you, if you really believe this is a "classic case", then you only back up what ive been saying all along....THE MARKET IS CYCLICAL. yes, this is a classic case of the "rally" phase, which always follows "dips" (see my/your sep.24/5th quotes). weve seen the dip, were in the rally, and well have more dips. get it yet?
For sure, it will be interesting to see how far they can run with this thing. With money being cheap and plentiful it's conceivable that they can run it up to new heights...though im surprised to see you admit it this time around, i surely hope you are right!! id love to see the dow at 12,000, as would my clients!
My error was in underestimating the power of the Wall Street and government propaganda to fabricate a new reality. / You Knowyour error was in calling the scientific "oversold" levels "imaginary". science prevailed though, didnt it? it matters not what the market does from here on out, the fact remains that i told you specifically when the markets were bottoming, when wed see a rally, and we did. luckily for the investors out there, you are not a financial advisor, lol!
aa