I note a lot of bullish contrarians coming out of the woodwork. It is getting pretty cool to be bullish in a 'look at me, I am brave while others are fearful' sort of way. Funny how this comes after 2500 Dow points in some cases. I guess that kind of padding can make one real brave and get one's lips flapping a bit.I think it is funny that I pissed off some bears when I said 'oil, copper and stock market higher' months ago and now there are bulls taking me to school (in one case using terminology my simple brain can barely even understand, let alone process) about why bears like me are missing the boat.
I guess some people can't understand the concept of risk and capital preservation. But then again, they were not there making profits (to preserve) when it was appropriate to be bullish. That said, it appears our pig has designs on higher levels to finish the suck in. At least if 1929/30 is any guide. And with the FDR style policies now in effect, I think it is. I just have no need personally to chase this dream. I'll hold what I hold and preserve what I preserve. But that's just me...
