Is the Next Big Move for the S&P 500: 1200 or 1400?
There are two rules in trading and investing:
1) no whining
2) trade the next move, not the last.
Follow rule 1 and stop whimpering about the S&P 500's collapse from 1,420 to just under 1,300. Life is hard, buckle up and wear a helmet.
I WOULD ADD THAT YOU SHOULD NOT BELIEVE THAT THE FUTURE WILL ALWAYS RESEMBLE THE PAST, WHICH IS THE BULLS BIGGEST PROBLEM. YOU SHOULD ALWAYS ASK WHAT HAS CHANGED?
IN ORDER TO BE BULLISH YOU MUST BELIEVE THAT THE FED AND POLITICIANS CAN'T FAIL, CAN'T BE WRONG, WON'T GO TO FAR IN PURSUIT OF A FALSE AND FAILING AGENDA.
IT IS ALREADY OBVIOUS TO THE SMART MONEY THAT THINGS, TRILLIONS OF THINGS, ARE VERY DIFFERENT THIS TIME.
THINKING OUTSIDE OF THE BOX IS VERY PROFITABLE!
WATCH THE CLIP HERE;
http://finance.yahoo.com/blogs/breakout/next-move-p-500-1200-1400-160906185.html
Schoenberger will be proven right in the end, the moderator is a media shill, an always bullish, mostly wrong idiot!
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