lowtrade

[Nebuchadnezzar]

I mentioned the SP 500 going into the 1700's

my low target is actually around 1696-1701 for that index.

I know most don't pay attention to the DOW index, but psychologically, 15,000 is a HUGE LEVEL.

what's changed is that the FED allowed for QE and ZIRP for WAY WAY WAY too long falsifying the stock market high at 18300 and 2134 on the S&P 500.

I totally agree with your comments on computer trading and that markets can fall now because someone wants them to. How does wall street make money, VOLATILITY!!!.

thanks for the two very detailed posts. today the market breaks more key levels.