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interesting to see when and if all the negative divergences from RSI to NYMO turn into a decent correction.You d think so(except for QE).Still we really haven t had the blowoff move yet.Bouraq do you think Nas goes over 5,000 in this bull market?I think it s very possible.
ReplyDeleteAnything and everything is possible but I wouldn't bet on Nasdaq going to 5000.
ReplyDeletebig 24 pt decline in S&P today.Looks like one of those scary days that happens in bull markets...I m in a wait and see mode.Still bullish for the rest of 2013.Already predictions of 1650.The bulls turn bearish in a hurry nowadays...lol.
ReplyDelete