Replies to post #171860 on SPDR S&P 500 (SPY)

[gumbie05]

Thanks! Keep in mind that even if the "markets" don't sell off in the face of this (or further) hike(s) it doesn't mean that it'll go much higher (i.e. Key word is "much")! The purpose (for the CBs and their CPs) is to keep the markets afloat, as much and as long, as possible BEFORE the next downturn in the Business Cycle (Recession)!! This has been the pattern for the past 20 plus years and there's nothing here that seems different!
- JMHO