Hello ACFlyer Mike, I make all kinds of statements to get your blood going fizz and pop ;0)
<<zealotry … ideology … punishment>> … but you may be reading too much into postings, perhaps because you suspect that physical laws can in fact be applied to financial markets driven by fundamentals, perceptions, and psychology. You know, bigger the bubble, louder the pop, higher the rise, longer the drop …
<<I am here to tell you it ain't so>> … I eard you, many times, and if you are wrong, what would be the consequences?
We only need to discuss the possibilities, issues, and consequences, while time sort out the actual outcomes.
As to … <<Well, it's true that my laissez-faire 100% long, boring value-oriented US equities portfolio is within spitting distance of its all time high, reached March 2002 or thereabouts, but...>> … in my own case, I am way beyond my previous all time highs reached at each of all-time high points :0) … and so I will continue to do what I have been doing, planting a seed here, harvesting a flower there, and removing a weed here and there.
I am as curious as the next investor electorate on what the future may hold for investors/speculators, and I am prepared to be very wrong. Stranger things have happened before. We can not both be very right. Are you prepared to be very wrong?
Chugs, Jay |