markets climb a wall of worry. bylow is our resident wall builder. people like him cant seem to grasp the concept that by the time things look good the market advance will be about over. http://www.4morewealth.com.au/pdfs/InvestorEmotionsRollerCoasterCartoon.pdf
That is an excellent pictorial. I rarely bookmark or save them, but that is one of the exceptions. Thanks! In the interim, let this Obama-fueled stock rally continue to just blaze on, right? Right guys who predicted Obama was going to ruin markets and the economy? (shhhh! I still think that last question is rhetorical, and will come to pass)
Hey, someone remind me: When was the last time (or how often does it happen?) when the market rallied 46% in 4 and half months?
<img src="http://3.bp.blogspot.com/_1I7KiCuAU4k/SPQciw4BSBI/AAAAAAAABk4/3_EGXw-ERWA/s400/dead_cat_bounce.jpg" />
Wait, you were bullish when W was in office, and now you're a bear? You should start a partisan hedge fund.
The point is you idiot, that if you are a trader, you can make money on either side, it doesn't matter if it is a bull or a bearmarket. ...and in the last 4 months it has been a bullmarket if you haven't noticed...
Usually people who criticise people as being negative have abandoned crictical thinking or benefit somehow by affairs that go on out of the light.
That's a truly brilliant observation of yours, that you can make money in a bull or bear market. Gee, I never thought of that! lmao