Now the media is all surprised that the Nasdaq is selling right down on the gap up, LOL. Well, let's see what happened, the talking heads pumped the market, told everyone to buy, cash is trash, new bull market, bottom is in, train is leaving the station, don't fight the Fed, buy before the herd.
Hopers and dreamers did and now they're getting margin calls, unbelievable.
Hopers and dreamers came back for a kick in the !@#, after a slap in the face and a punch in the gut.
Funny though, I think they'll be back for the big body slam next.
Bubbles don't end in a "V", excesses will have to be wiped out before this is over, IMO. |
