David and Paul,
I guess if you've been in the markets successfully for 30 years you're just too dumb to get it today.
Buy stocks that are splitting and get rich. Studies show that they are a great investment. Interesting that prior to the start of this bull leg in 1994 the studies showed the opposite.
Investors are just smarter today!
The US market is soaring because of low inflation, strong growth, the best companies in the world, low interest rates.............. Yada yada yada.
I wonder if that explains why European markets are soaring much the same as here? But don't they have high interest rates, double digit unemployment, union control over companies, extreme socialistic economies?
I guess that's bull market material too.
Does it explain how Asian markets soared on what turned out to be weak fundamentals? Weren't we being told how wonderful things were there, prior to and as the collapse began?
Hmmmmmmmmmmmmmmmmm
Is it possible this is all explained by all the money that's being created by Central Banks around the world. And by the overconfidence that's created by an economy being boosted by a Fed that only knows one direction. Up.
Didn't they used to slow growth occasionally to keep things from overheating? Deals being done that didn't make sense? Investments being made that had little economic benefit?
Didn't the government used to slow spending during good times so they could boost it during slow times?
I guess none of that matters because investors are smarter today.
Anyway, we'll know when it ends, right? Don't they ring a bell? Abby Joseph Cohen, Lou Rukeyser, and Joe Battapaglia will warn us, right?
And we're all in for the long term and we'll hold during another of those horrible 11% crashes anyway, right?
Because we're smarter today, right?
I don't really know when this ends, no one does. But I bet when it does end there aren't going to be too many who recognize it. And fewer still who believe, or even understand it.
That's what this is really all about. Take away as much money as possible, from as many people as possible.
Just like always.
NOVL may be going up for good now. Hard to say. I'm going to bet that if no insider buying shows up soon that this is just another short lived rally.
Wouldn't they be the first to know things were getting betting?
Joe Kernan on CNBC was reeeeeally hyping it all day yesterday, besides Bob Pisani.
Dwight |
