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spartex

05/20/20 9:18 PM

#312032 RE: DowDeva #312031

Amen DD, and thanks for sharing that classic bull trap on the high three levels. Cheers!
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Big Eli

05/20/20 9:41 PM

#312036 RE: DowDeva #312031

Nice post totally agree.
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farooq

05/20/20 10:29 PM

#312049 RE: DowDeva #312031

Zero interest rate makes impossible to market to go down in meaningful way, most other investments other than real estate are not worth looking, not commercial real estate, current disease created a back up need to keep 25 % work force in home because any time Govt can close country.
Fed accommodation and no alternative will propel the market till November and after election cracks will appear but real correction of reaching 180 seems very difficult unless something rally fail big. Which is always possibility.Uptick in rate increase will be one also.
Big money always moves the market, small mom and pop always come in the end.
Smart companies will borrow and will buy back there stocks, Airlines related and interesting it will be boom or bust.