This up move is among the most powerful and consistent I've seen in 20 years. Bears keep fighting the tape!
YOu're full of shit buddy. go look at 7 straight months of short interest decline,cboe put to call down like crazy,investor sentiment threw the roof. the truth is 99% of people are long to the gills and bulls love to use bullshit like you're spat out to suck even more people in
What bears? They're very few. Also, bears can't get "slaughtered" if they're not shorting, right? This bubble will pop, and this thread will be long forgotten.
Could this all hinge on the deflation vs. inflation argument? If you think deflation is headed our way, it would be time to step aside. I lean more toward the inflation camp, but ready for anything.
A bear in cash who has made 0% this year vs. a bull in this market up over 20% YTD = a bear who got slaughtered, even though no short positions.
So my grandmother is getting slaughtered? Everyone not long stocks is getting slaughtered? Does that sound like a healthy thing to you?
I believe that I heard CNBC muttle the words, "the market is celebrating not crashing on the Black Monday anniversary." Or something very similar...