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      07-14-2014, 09:14 AM   #4281
F1Venom
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Drives: ZCP E90 M3
Join Date: Apr 2013
Location: USA

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Quote:
Originally Posted by mact3333
Quote:
Originally Posted by F1Venom View Post
I wouldn't buy until we're in a bear market, even if it's in the $30s then. I think this is a dip that we should be buying, I mean it's no different than any other dip these past couple of years.

I think this dip will be abit more substantial but in no way do I think "the top" has been reached...certainly no evidence of that yet.

Don't worry when the time comes, I will have Def Con alerts coming...

You check out some of the sources we talked about yet???
Definitely! I am liking Ray Barros and Footprint charts the best. What's your opinion on margin debt? I was looking at some statistics and it looks like the amount of money investors are using for investing on margin is at record highs. Does this mean that retail is fully in the market and we'll be seeing it end soon? I, personally, think we'll see 2150 SPX but it's still not that far away for me to be comfortable staying long much longer.
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