Well, here we are at new all time highs. I hope no one actually followed Armstrong's call because you would have gotten blown out. This is a bull market, you know!
Not yet for the DOW. When MA talks about the US market, he means the Dow Jones.
But it won't take long probably. We might see a new high today or tomorrow.
That's another funny thing, the whole thing from Armstrong about "Smart Money" and the the Dow. The Dow is a heavily flauwed index, by the way it's weighted and by the almost constant Boeing soap. Such a stupid thing to pay so much attention to the Dow.
I agree. Most (bigger) investors here in Europe invest in the SP500 and Nasdaq Composite, not the DOW.
The DOW is more what is used in MSM.