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In mine and Warren buffets opinion.....The S&P will hit 1000 before it hits 1500. The only way we break out to new inflation adjusted highs is if we hyperinflate. Traders are not buying to hold here... in their opinion...You're better off to buy the dips and sell the rips...God I hate that phrase. When government corruption is rampant, markets are manipulated and fiat is being furiously debased... while interest rates do not keep up with inflation people are going to figure "what the hell"... given the choices I may as well go for broke and throw the long ball with my eyes closed and hope it finds it's mark.They alway's do this..and WB knows this..remember my opinions may be worth less than your paying for them..
In mine and Warren buffets opinion.....The S&P will hit 1000 before it hits 1500. The only way we break out to new inflation adjusted highs is if we hyperinflate. Traders are not buying to hold here... in their opinion...You're better off to buy the dips and sell the rips...God I hate that phrase.
When government corruption is rampant, markets are manipulated and fiat is being furiously debased... while interest rates do not keep up with inflation people are going to figure "what the hell"... given the choices I may as well go for broke and throw the long ball with my eyes closed and hope it finds it's mark.They alway's do this..and WB knows this..remember my opinions may be worth less than your paying for them..
