Allow Me to Introduce: The Biggest Sucker Rally Since The Great Depression

Quote from swtrader:

part of the issue here, is that this just plain is not an ordinary market, the kind of thing that the investment community has sold to the American public for the last 3 decades

any presumptions about the risk people thought they were taking are now out the window
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Have you ever/never stopped to consider even for only the briefest of moments that what we have today is precisely an ordinary market, and that what you have been led to believe is infact nothing more than a pipe dream for suckers who appear to be unable to display the capacity to reason for themselves?
 
Quote from Petsamo:

The biggest suckers/idiots are the ones who did not put in their money in Mar Apr May, and are now just putting in their money. This guy from the Ric Edelman show said he bailed out in '07 and he just now wants to get in. Then there's this other guy in this very forum has 25% of his money in, but wants to increase it to 75%. There you have two big fat idiots. Unbelievable!
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people missed one of the great bottoms in march 2009. they will be caught flat footed when the market retraces which it will eventually but not completely because of inflation and money supply pumping.
 
Quote from wavel:

Have you ever/never stopped to consider even for only the briefest of moments that what we have today is precisely an ordinary market, and that what you have been lead to believe is infact nothing more than a pipe dream for suckers who appear to be unable to display the capacity to reason for themselves?
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:p

All of the exact same things being said now were said in the fall of '82 and the spring of '83. The skepticism back then was sky high too.
No, I'm not saying we're at the start of another 20 year run. Just that yes, what you're seeing now is, in fact "precisely an ordinary market".
 
A sample size of one (gee, look how much it looks like year XYZ) does not a new market make...

No one has a clue where we will be 6 months or a year from now.

We go from predictions of gold at $3000 an ounce and Dow down to 4300, to those who think gold will tank and the Dow is going to be up 30% soon.

But whoever accidentally guesses right will fancy themselves as the next guru...
 
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