Dow , sp500

EnlightenedJoe

Experienced member
1,950 95
Things are cheap for a reason. To believe you can see value where the proven money makers cannot is wishful thinking. If they could see value, they would have bought up truck loads already. But they haven't.

Your gut based sell signalling is very likely to be wrong for the US market. The emergent markets are a different story, with the European markets between the two.

The US market will eventually collapse by 50%. So you won't be wrong on hindsight. But if you take a short position now, you could get killed by a vertical up move in the final stage of a blow off.
 
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