I think since everyone seems so bullish since last week the contrarian in me believes we will be seeing new lows soon. All the "pros" seem to believe the worst (marketwise) is over and the end of season rally has begun. Mind you, these are the same "pros" that have been losing an arm and a leg and have been buying the dips all the way down. Even Cramer is now bullish again, which leads me to believe a sharp drop is coming as all that "hope" and optimism evaporates when the next shoe drops.
Surviving the Short-Term to Participate in the Long-Term [View article]
Well written and well argued. Thank you.
For what it's worth, I think things will get much worse before they get better. Black swan indeed! i'm talking dow 5000, wars all over, hyperinflation, etc
Don't think it can happen again because we're all "special" and we "learned" the lessons of history? Guess what, that's what all the past generations thought also and they all went through major traumas because human nature is the only constant through time.
Signs of a Tradable Bottom Appear [View article]
All the "pros" seem to believe the worst (marketwise) is over and the end of season rally has begun. Mind you, these are the same "pros" that have been losing an arm and a leg and have been buying the dips all the way down. Even Cramer is now bullish again, which leads me to believe a sharp drop is coming as all that "hope" and optimism evaporates when the next shoe drops.
Surviving the Short-Term to Participate in the Long-Term [View article]
Thank you.
For what it's worth, I think things will get much worse before they get better. Black swan indeed! i'm talking dow 5000, wars all over, hyperinflation, etc
Don't think it can happen again because we're all "special" and we "learned" the lessons of history? Guess what, that's what all the past generations thought also and they all went through major traumas because human nature is the only constant through time.