You can make a nice living in America by faking talent, there you have people like Donald Trump, Paris Hilton, J-Lo, James Cramer, Joe Batti, etc. If you are not talented fake it!
You just hit the nail on the head my friend, everyone loves a rising market. think about it if you were making bucks and want to keep your lifestyle you would do the same exact thing. (i would at least).
The worst part of it is CNBC still has him on after everything. Sad. What ever happened to honor, taking responsibility etc? oz
The real top will be marked by Ralph Acampora saying something like..."this market could rally to new highs over the next few months". Guy is about the best contrarian indicator I have ever seen. I don't think he has ever been right.
I wonder if they actually expose Joey Bats to institutional clients or is he just for TV? If the latter, why not get a real good looking girl to do it? I'd believe her.