A Correction Is Coming | Forex Factory

  • A Correction Is Coming

    From bloombergview.com

    Welcome back from the long holiday weekend. Before we left for our nation’s birthday celebration, markets had a little party of their own: The Dow had broken 17,000, the Standard & Poor's 500 Index had touched a record high and was spitting distance from crossing 2,000. Even the small-cap indexes such as the Russell 2000 and the S&P 600 have notched new highs. And the Nasdaq, up 255 percent since the March 2009 low, is less than 15 percent away from the record set in the dot-com-era market of 2000. Despite evidence that new highs are bullish -- we don’t get them during bear markets -- the commentariat and much of ... (full story)

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TheTopBloke
Jul 7, 2014 3:25pm
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Quoting rigpa
The correction will come. The virtual growth canīt be forever even in the financial markets. Central banks are in their own trap of easing money. They have suppressed natural correction and this means unnatural correction in the near future. The bigger bubble they will fill the more paintful it will be...
You assume there has to be an unnatural correction. If the institutions still exist, and they can still print money, and they can still manipulate policy and politics, then there is no correction.
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rigpa
Jul 7, 2014 11:50am
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The correction will come. The virtual growth canīt be forever even in the financial markets. Central banks are in their own trap of easing money. They have suppressed natural correction and this means unnatural correction in the near future. The bigger bubble they will fill the more paintful it will be...
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NewtonsCash
Jul 7, 2014 12:19pm
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John Templeton

"The most dangerous words in the investors lexicon are it's different this time"

It never is, what goes up, must come down …. only Q is when
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Neqrotik
Jul 7, 2014 10:33am
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agreed. I see S&P blasting through 2k
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Boy Wonder
Jul 7, 2014 8:38pm
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Agree with Mike except that big drops on indexes usually take a long time from peak to trough. Fast declines and mofo short squeezes.
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hippoownyou
Jul 8, 2014 4:21am
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The correction will most likely be a realistic 2-3% growth YO of the Dow.
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TheTopBloke
Jul 7, 2014 3:24pm
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Pfft... yeah, right. A correction is coming. Mhmm.
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Weakdollar
Jul 7, 2014 9:55am
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No correction. Watch dow reach 18500. Maybe 19k. Rates will remain low
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Mike Haran
Jul 7, 2014 3:04pm
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We are right on the cycle point now for a top. Less than half a degree out and possibly the kicker for not just a correction but a full blown wipe out half the current value in stock gut wrenching move most economic folks will tell you are black swan events. Crap, these hard falls are the markets way of adjusting itself, the bigger the bull the bigger the bear.

Watch the news after we fall 1000 points, it will be buy the correction we are going to make a new high, sadly most people do not study the markets and hence these boom bust cycles will carry on happening.

Just look at the news designed to keep you long

Don't ditch your U.S. stocks just yet From cnn.com | 21 hr ago 3 comments

Nikkei flat near 5-1/2-month high, helped by pension buying hopes From reuters.com | 16 hr ago

Designed to make you stay in as the market falls.
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Idoscon
Jul 7, 2014 12:01pm
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its bubble, and bubbles not correcting!! one way only
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