New all-time record high for the S&P 400

[LargoWinch]

From "chartoftheday.com":

Today's chart focuses on one particular stock market index -- the S&P 400 (mid-cap stocks). The reason for the focus is that the S&P 400 achieved a significant milestone earlier this week when it made a new, all-time record high.

Who wants to buy stocks now?

[vinoveri]

Re: New all-time record high for the S&P 400

Comes back to the question of how long this bear rally will last. Look at the chart from 2003 to 2007, a 4+ year rally If one thinks that we have 2 years or more ahead of us in rally mode, then buying stocks would seem prudent. Double Top, maybe?

Sort of reminds me of those who won't buy gold on the way up, and now won't buy b/c they think it's overpriced or "in a bubble". Those like Faber who bought at the lows in 2009 are still invested in equities, while those who sat out the 2 year 100% rally in equities can't bring themselves to buy b/c of how far the rally has come, and they see a major correction/next leg down around the corner (a correction they've been expecting for the last 18 months and has yet to come).

BTW, I believe the russell 2000 is also making new highs or close to it.

[nero3]

Re: New all-time record high for the S&P 400

Comes back to the question of how long this bear rally will last. Look at the chart from 2003 to 2007, a 4+ year rally If one thinks that we have 2 years or more ahead of us in rally mode, then buying stocks would seem prudent. Double Top, maybe?

Sort of reminds me of those who won't buy gold on the way up, and now won't buy b/c they think it's overpriced or "in a bubble". Those like Faber who bought at the lows in 2009 are still invested in equities, while those who sat out the 2 year 100% rally in equities can't bring themselves to buy b/c of how far the rally has come, and they see a major correction/next leg down around the corner (a correction they've been expecting for the last 18 months and has yet to come).

BTW, I believe the russell 2000 is also making new highs or close to it.

I see some events, mainly China and the US housing market. I think both are going to benefit the US, if China have problems interest rates on US housing will likely decline (good). The Europe problem I think is close to bottoming out. In light of these events I think the market could move higher. However I'm skeptical about commodity producing countries and emerging market's in general. It's possible the problems in China could pull down all equity markets.

[metalman]

Re: New all-time record high for the S&P 400

I see some events, mainly China and the US housing market. I think both are going to benefit the US, if China have problems interest rates on US housing will likely decline (good). The Europe problem I think is close to bottoming out. In light of these events I think the market could move higher. However I'm skeptical about commodity producing countries and emerging market's in general. It's possible the problems in China could pull down all equity markets.

i see things. i see them in onions and in the carrot market. i think onions will rise and carrots will sink. i think this and i think that. i'm thinking it and feeling it. i smell it, too. i can taste it. onion producing countries will benefit when the carrot producers go lower. i'm skeptical about carrot producing countries. there will be problems in china. that will be bad for carrot and onion markets overall.

that's my view.

I think this is so.

this is my opinion.

and my theory.

my mother agrees.

so does my pet chicken, bradley.

[nero3]

Re: New all-time record high for the S&P 400

i see things. i see them in onions and in the carrot market. .

How about some eggs?
http://www.examiner.com/images/blog/...tness-eggs.gif

Oh I forgot, you don't do eggs.