We have been bullish on this market for many years. Our Heisenberg Indicator called for a close at 1850 for the S&P 500 this year. We closed right near that figure. No one was more accurate in predicting the market close than we were. We have said since QE started that this would lead to record stock prices...and it has. We said that every headwind in 2013 would be a great buying opportunity. And it has been!
Everyone was bearish the last five years but now: seemingly, everyone is a bull. Stocks are impervious to downside.
That is why I think we are going to witness a 5%+ correction to the downside.
See you at $SPY 178.00