Hyped up? Vertical?Quote from myminitrading:
Who would be stupid enough to buy into this hyped up market thats been rising for 4 years and went vertical in the last year.
We're up now like 6% YTD? Like 20% YoY? 10% annualized over the last four years? Not sure if this qualifies for vertical but it's nothing unusual when looking at historical patterns of the markets.
Regarding "most hyped": Not sure what others in here think, my personal impression when talking to friends and family is that this is the most distrusted and hated bull market in quite a while. It almost sounds like most of them seem to think a huge 30-40% correction is right around the corner so they won't bother putting a single dollar to work. Talk about Pavlovian relex, can't blame some of them after being burnt badly in 2001/2002.