Where are the top callers on this quiet day? I think it is time to worry if they have all been washed out......
They all said they would leave if they were wrong. They were. Over and over and over again, they were wrong. And some actually, eventually, left! Or at least they retreated to new/backup aliases. I hope they learned something. The amazing hubris of those that say "the market will go no higher than XXX by such and such a date... Will the market fall rapidly and scare the crap outta most people? Of course! Will it happen "soon?" Maybe. Will *somebody* "predict" it? Yup. Will they ride that "prediction" in to the ground for years? Yeah, al la Crammer's "Buy every highfligher tech stock in sight, but, oh, take a little off the table here..." Will they be able to do it again? No. Good trading to all.
That's the exact point of this thread Time to worry when you don't see, hear, or smell bears anymore 'cause they all got badly burnt and are in hiding.
I'm with ya! But it's hard to get the timing down. We could keep going up. Now if they put up new buildings or had stadiums renamed...watch out below!