Quote from Kicking:
This is the reverse crash. And that's why ordinary people will never, ever buy stocks again . It's one thing to see your portfolio lose 50% of its value and feel forced to reduce your equity exposure. It's another thing to see the market erase the crash in less than a year. All this was caused by government intervention.
Even I I am disgusted I rode the crash down with long positions now I am riding the reverse crash up with short positions !
Who wants to get into that kind of market ? It's over for stocks for 20 years, yeah we 'll get insane moves, and it could keep going up but without ordinary people . And at some point the babyboomers are going to get out in droves and it's coming soon.