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Now can we predict the next market bump up?

Can we predict the next market bump down as well? I'm guessing that it's going to be close to that end of that 2 month extension.

I think the whole market is down today because of the silly fiscal cliff thing. They are all moving together.

I agree with that, but I also think the whole U.S. stock market is overvalued right now.

I'm probably going to buy more GE. After last fiscal Washington compromise they made out big time. They won't be paying much taxes if any. That can't be bad for the stock price.

Yes, that was probably it.

Now can we predict the next market bump up?

It will happen in spurts over the next 12 years.
The last 6 years, which was the worst for our economy since the great depression has created an unprecedented opportunity for asset appreciation in the next few years. There is an ocean of liquidity looking for higher returns, and they can only find it in stocks and real estate.
The golden rays of the sun will shine bright on wall street.

Raw says

It will happen in spurts over the next 12 years

LOL. I meant months. 12 years would be awesome.

I think the next down leg will come in March (when Washington is squabbling over the sequester deadline).