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With the incredible run the market has had in 2012 and 2013, it is only reasonable to assume that there will be a pullback. Remember the runup to Y2K? Every chart looked like the Matterhorn. We've been up ten days in a row. How often does that happen? One more thing to consider: A strategic strike on Iran by Israel wil...more
So now we're supposed to be focused on a one year time frame? Is that what these broker types now mean by "Long Term?" Or do we only hear that one after the crash and we're left holding the bag?
This market may continue higher but the atmosphere is getting a little thin. The higher you go, the steeper the climb.
I believe you Anthony, but there are millions that wouldn't. You can be the smartest guy in the room and still lose money even though you are 100% right. That's a real pisser!
Anthony,
I followed your recommendations and shorted the S&P 500 as follows:
2/20 bought 1000 SPXS@ 13.77
2/25 sold 1000 SPXS@ 14.57 for an $800 gain
2/1 bought 500 SDS@ 48.14
2/25 sold 500 SDS@ 49.21 for a $500+ gain
Thanks for...more
How come there isn't a disclaimer at the end of this article stating that Mr. Cramer is not shorting the market????? One more thing. It's a shoot up in "UNemployment claims", not "Employment claims".
MirageGuy, You are obviously intelligent, just very delusional, Surely you know that Wikipedia is not a reliable source of information. What's next? Reader's Digest?
11/10/2012
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