Perma-BULLS and Perma-BEARS both need to stop gourging on the green shoots.....
There are some perma-bears here on CAPS that give good advice, advice to be conservative, cautious, and alert.
There are some perma-bulls here on CAPs that give good advice, advice to be conservative, cautious, and alert.
It seems that the market since March 9th is a creature of it's own.
There are days when all the bad news in the world, (factory orders, deficits, unemployment, consumer confidence,etc) will not, and cannot get the market to go down!
There are other times where the nerves seem to be on edge and any good news (factory orders, improved deficits, lack of inflation, great consumer confidence, good earnings, etc) will not, and cannot get the market to go up!
The average bears, not the hard core perma-bears don't want to miss a rally, many missed the 15-30% increase we've had since March 9th. Any drop in the markets, (small corrections) and some, despite themselves, are buying.
The bulls don't want to charge through a fence and get left hanging up on the Dow/Nasdaq/S&P all alone, high and dry, and look down and see that they are bag holders.
Both the bulls and the bears, in thier own way, eat the green shoots when they get nervous. Either nervous they are missing out, or nervous they overshot. After a few days, things move along again until the next cycle.
Unfortunately, there are some Perma Bears and Perma Bulls who give some not so good advice.
If you really want to listen to the Perma Bears who are in perpetual hibernation, lock your money in a mattress, move to Canada, get a bomb shelter, buy a gun, and basically live in fear and gloom while the market moves ahead without you, then why are you on the boards here? We can't convince you you're wrong. Heck, you might be right. You can't convince us you're right, we think you're wrong. In the short run, we're banking on it.
If you want to listen to the Perma Bulls who are partying with every market movement upward, then jump in with everything you have, but don't come back here and complain if you jumped in during a correction, or if you jumped into the wrong sectors, or if the Perma Bears were right and the world ends.
There is a balance, it's called investing. We forgot what investing means. It means researching, looking for the undervalued, the stable growth companies. It means dollar costing in and diversifying.
My question is why are you here on CAPS? If you're a doom and gloom Perma-bear peddling your wares then the only thing you could be looking for here is attention. If you're doom and gloom and here on CAPs reading and supporting the posting doom and gloom perma-Bears Blogs, I have no idea why you are here. You should be oiling your gun and rotating the expiration dates on your C-rations. At any rate, you ain't convincing anyone here of anything, and you're not here learning and sharing about investing. Basically, you're in the wrong place. Advice NOT to invest, ain't very interesting investing advice.
Some day, perhaps, those who are pure Perma-Bears will either be in their bomb shelter, smiling and reflecting as they pop open a C-ration how right they were. But I doubt it. If I thought so, I'd be somewhere else and not here. The pure Perma-Bears that are full of doom and gloom are occasionally depressing, but mostly I just feel sorry for them. I look at my brokerage account and see a nice gain since March. I enjoy life. If things get as bad as the Perma-Bears think then I'll have a few exta coins to buy my emergency supplies. Maybe I'll be too late, but if things get that bad then I hope the Perma Bears in their bomb shelters bought lots of ammo and learned how to use those guns!
There will be a time when those who use to invest, but turned trader to survive, can put away their tools and rest on their labors. They will be bored, skittish, and the trading fever will hit them once inawhile. They will use their new "trading" skills to find even better investments, and perhaps just use the trading skills occasionally to take a few free coins from an untrained over bullish trader. Life will be good.
While the market either falls completely apart as the Perma-Bears predict, or while the market seeks it's stability and trading range, I just wish, oh how I wish, that the Bears and the Bulls would stop eating those green shoots. The munching is interupting my nap!
TSIF, The Sky is NOT Falling (at least not today), but it does look like rain.