Hi Wiley,
I see them... they've been holding steady at that point now, having come up from being -330 for awhile.
If the bears need some sunshine, I can show them where it doesn't.... but whatever happened to all those people who were expecting a reversal every afternoon last week and were not so modest as to not post that every single day? Or how about the ones who have been saying that for the last few months? You know: we're higher so it means we're going down,, it's a portent of weakness and inflated values; or we're lower so it means we going much lower because that means there is inherent weakness in the market and the sky is falling. Those people are a pain in the sunshine. If they say it often enough, it'll happen... anyway. And if they were making money they wouldn't be bothered to be 'warning' the rest of us poor people. Desperate for the market to be down, they must be holding puts. But as we've seen, this isn't Kansas; and they have to be holding a hell of a lot more than millions of dollars if they already know the market so well, and the way home.
But another tautology: if that was true, they'd be busy selling their advice. Not screaming 'here I is, this is what's going to happen.. believe me, believe me'.
Maybe we can get them together with the CCI shorts and their rendition of the Love Theme from Deliverance. BooHICA, BOHICA, Bohicabohicabohica.. nah, let's just let them play with themselves. |