Let’s get back to the basics.
The chart below is a bull market. It happens to be the S&P from the year 1995, which was an incredibly steady, smooth, ascending-all-the-time market.

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Let’s get back to the basics.
The chart below is a bull market. It happens to be the S&P from the year 1995, which was an incredibly steady, smooth, ascending-all-the-time market.

Precisely how much of this crap am I supposed to endure? Just FALL already, and DON’T look back!

The bear market won’t be fully kicking in until the society as a whole is completely pissed off at rich people. That hasn’t happened yet. Because, see, if it had, you would NOT be seeing this kind of nonsense.

Normally, I’d be excited. But this hasn’t been a normal week. Although in absolutely terms I’ve been fine financially, I feel like I’ve been getting my face punched in every single day. Every day, we get totally bearish news, the market starts selling off, and then SOMEONE (I assume from D.C. and NYC Fed) bids the hell out of the market. I’ll tell you one thing – – since I’m more lightly positioned than I’ve been in an entire year, I’m going to be pissed as hell if this sell-off actually STICKS, because last night I was seriously contemplating shuttering my trading account and just developing products for a living.
