trader_boulder

Are we at a top? Are we over extended?

AMEX:SPY   SPDR S&P 500 ETF TRUST
Lots of people are crying "it's gotta come back!" this week... however:
1. the market has been beat up for a while now so maybe a real rally is underway
2. It's an election year (markets usually go up)
3. fundamentals of economy are actually ok... there are shifts... but US economy is under full steam
(except some pockets)
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