Replies to post #216812 on SPDR S&P 500 (SPY)

[temp luvs amy]

The domestic economy sucks, and is growing at paltry rates which deserve much lower PE's. The government is just going deeper into debt to pay entitlement programs with near zero productivity.

It's a bubble, and it's just waiting for a sharp pin to pop.

[temp luvs amy]

As far as the dollar goes, the only reason it doesn't crash, is all of the other countries are printing fiat as well, and probably faster.

[temp luvs amy]

OTOH, you make hay while the sun shines. As long as the world accepts the "value" of the dollar, the entitlements are a "free ride" for the recipients.

Elliott and Kondratiev have explained the consequences in waves, and eventually, the whole thing degrades rapidly.

[temp luvs amy]

OTOH, you make hay while the sun shines. As long as the world accepts the "value" of the dollar, the entitlements are a "free ride" for the recipients.

Elliott and Kondratiev have explained the consequences in waves, and eventually, the whole thing degrades rapidly.

[temp luvs amy]

And, since we tend to focus on technicals, it might be a good time to look at a chart.

http://stockcharts.com/freecharts/gallery.html?$MXNUSD

[GuTA]

Strangely HRC was asked if stimulus was park of her economic plan (why ask that?)... and she couldn't even casually side step the question. Sounded like it was definitely on the table... why stimulus in today's world ?