Monday, August 4, 2014

We are going to 1860 on markets

S&P500 - 1 Year Chart
We're going to see the S&P make its way down close to 1860 or 1875 or so. That will simply take us back to major trend lines. I see nothing wrong with what's happened. The bull market hasn't ended.... Capital that had gone into stocks maybe going into plant equipment and inventory.