S2 Option Trader

[SyndicateTwo]

Just look at the Q's chart. Enough said. Fall, then hammer bottom, then hangman, then?

Remember, major cycle lows such as the 4 year coming are LOWS, not the beginning of selloffs. They predict LOW time cycles. That means the market has to start falling and selling off into that low.

Considering that the SPX PE on a GAAP basis is now 25, with 20 being considered overvalued, with 9.7% unemployment, what do you think is going to happen?

The cheerleader theory is that that unemployment number will fall as the economy grows. Yeah. But that doesn't mean stocks will become EXTREMELY overvalued just because they want the public to come into the market at these levels to push it up higher.

Everything is great at the top, isn't it always?