Maybe this will help! https://www.zerohedge.com/markets/s...injected-market-it-now-impossible-withdraw-it
Any kind of financial opinionating out to 2021 is useless - too long for traders, too short for investors, too vague for everyone. But it might drum up some churn, or frighten some wannabe investors to hand over their money to fund managers.
Its fake in a sense that most people don't recognise but not useless. The object of news media is to attract, not inform. The aim of the game is to win reads / views / clicks / likes / shares / papers sold / books sold. The last thing a journalist wants to do is give their audience the last word in financial analysis: because what are they going to sell tomorrow? But not useless. The levels of news about e.g Bitcoin, Tesla, WeWork, and dare I say it?...impeachment, certainly tell us all about things that are in motion below the surface.
In my simple opinion it's about odds and capability. Who am I as a trader in this market? I am regular old alone guy with one brain. My odds of selling at the top and buying at the bottom are low. I am NOT SMART enough to get it right consistently over time. So where does high probability stand with me? I follow the market either way it go. Trade the trend. The market is clearly upwards, I AM a complete Dumbass to ever go short now. I mean a complete dumbass. Maybe I'm missing something, but not sure why the reason to sell the market here. Just wait until it breaks lower and lower, and then go short.
Lol, I have been seeing this types of "the sky is falling" articles since 2010. And my conclusion is still the same since 2010..... Long and Strong S&P500 index, buy buy buy buy
SimpleMeLike - Nice post. Good to know I'm as dumb as you are........ but the sad thing is I wasn't always........
Yes indeed tomoroton, It is the same with day trading as well. I always feel weird and stupid and uncomfortable selling tops and buying bottoms. I am from the show me state, "show me what you wanna do market, and I follow you".
When the big boys start telling us retail to buy, then yes generally the top is in and there trying to sucker retail in at the high so they can sneak out of the back door. In 2007, 1 of my mates, was giving investing buy into housing advice right at the top of the market before the 2008 disaster, I was like WTF, he bought into it and bought 20 properties 2years later bankrupt. CNBC the same, always bet against them.