“ETF options expiry just passed, which was why PM shares caught a bid, and month end is approaching.”
Not sure I understand what you’re saying, the shares usually selloff at Op Ex. With the exception I think of Monday where the funds covered like crazy people, the pm shares treaded water.
As far as 2000 goes, that’s the most bullish thing I’ve heard from you in awhile but there are a lot of “ifs” there. “If the Fed doesn’t raise in December it would be a surprise. I think the SM would likely have to selloff big time for them not to raise. They’ve already killed the housing market which is what they did back in 05′ and 06′. So maybe a big correction in the SM is coming.
As for me being funny, I’m very funny but looks aren’t everything… 🙂