The biggest three lies in the world:
- “The check is in the mail”;
- “Let’s have lunch sometime”;
- “Everyone is bearish”
I’ve heard that last one CONSTANTLY lately. Let’s say aside this baseless assertion with an actual fact:
Sure They Are
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Disasters are Bad for Bears
When markets are cheap, such as in 1982 or early 2009, the task of bulls is straightforward: find good, solid, growing companies, but your money in, and leave it alone. Simple. Straightforward. Very, very profitable.
When markets are an overinflated joke like, oh, say, right this second, this isn’t how it goes. The task of bulls is to beg for handouts, plead for fake 5-star analyst reports, and, when necessary, blame anyone but themselves for the troubles of their company. This tweet showed up yesterday, and I could hardly believe my eyes:
The Financial Spiral
Painless
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.
Defusing the Canard
“Everyone is bearish.” You hear it every day of the week. It’s right up there with “the check’s in the mail” and “let’s do lunch sometime.” It simply isn’t true by any measure, and rightly so. The number of stocks above their 100-day moving average is about 85% (effectively…………everything) with a ticker symbol).
