Same here. I acknowledge past dips were buying opportunities, but this market is definitely changing. 4Q earnings are bizarre. Time for me to take a time out. This market is in a weird place.
exactly.... The reason I suppose is that the permabear doom and gloomers would rather be right than rich... most people however, would rather be rich than right... but to each his own I guess...
I bet a lot of permabears don't even have the commitment to hold through a market downturn if this market does turn around. If it drops 3000 points, most permabears would be out at 300 point down alone. So yeah, it's a matter of being right and feeling good about it than making money even when you're wrong.
This market will NEVER EVER go down again, EVER. Just wanted to get that out of my system. Now the market can crash.