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re: Opinions on market direction considering economy, margin debt, & valuation

Posted on 1/14/15 at 8:17 am to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/14/15 at 8:17 am to
I'll paraphrase a Warren Buffett quote about the stock market and update it a bit: "I don't know which direction the next 1,000 point move on the Dow Jones will be but I do know which direction the next 17,000 point move will be."
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 1/14/15 at 11:14 am to
Flush Alert happened yesterday. SPX possibly to 1900 or overshoot to 1875. Articles about deflationary worries popping up today. Looking for more Fed Talk soon. This market will tank hard later this year or early '16 imo.
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