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Saturday, March 24, 2018

When only the paranoid survive

Were you one of those people jeering at those who incredulously said something months ago that the "red hot & up only" market was instead going to immediately roll over (which Bloomberg's Ritholtz answered was from a 2-sided market), or were you too busy scrunching on some Bitcoin?

Do you still believe the nauseating Wall Street zoots that "the economy is strong" & that "valuations are supportive", with a 2018 S&P target of 3,000 (ONLY a 16% rise from here to year-end)?


Sure, and you probably were the only one to get out perfectly in time.  Just like all these folks.

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