I am 100% certain that this bull phase can not continue indefinitely. So you might say i'm bearish on the next 18 to 24 months at this point. I do have some short positions, but they are all hedged and very little affected by these upswings, such as today. I can, therefore, afford to keep them on as long as i like. In the meantime i enjoy trading a good rally as much as anyone. The market can go to the moon as far as i'm concerned. I love it!
Apparently all the bears are busy making bearish calls and being shown the door as they stake their reputations on them. Pabst.......................Pabst....................................I miss you man!
truth is a bulls cry is always everyone's bearish. bullcrap the market is 99.5% long. bullish sentiment is sky rocketing. mutual fund cash levels are near all time lows and we haven't corrected 10% on a closing price on the dow in almost 900 days which is the 2nd longest period in 200 years.everyone's on the same side of the ship now and something will tip it over just like 100 times before