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"Bubble" Chatter Drops To 5 Year Lows

Tyler Durden's picture




 

While the Fed remains convinced (and they would know) that there is no bubble in asset markets - in the face of record issuance of covenant-lite loans, record high stock prices in the face of declining fundamentals, and record low spreads in credit markets as leverage rises - as we noted yesterday, investors "are stretching to find reasons not to cut" their allocations. The bursting of the bubble was dismissed by many late last year as "bubble" talk reached highs - providing psychological non-confirmation that a market drop is unlikely when bubble talk is so high. It seems, in the last few weeks that has shifted as bubble chatter has dropped rather notably.

 

Does that free up investor psychology to sell? Being "greedy when others are fearful" has an equal and opposite trading meme - cover when no one is worried.

 

Chart: Bloomberg

 

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Mon, 02/03/2014 - 18:51 | 4397634 wallstreetapost...
wallstreetaposteriori's picture

Good thing I am short stocks and long treasuries & pot stocks..... fuck bitcoin!

Fonestar is crying.

 

Mon, 02/03/2014 - 18:52 | 4397672 fonestar
fonestar's picture

fuck treasuries!

Mon, 02/03/2014 - 18:56 | 4397692 wallstreetapost...
wallstreetaposteriori's picture

Hmmm treasuries are going up.... bitcoin not so much.  Satoshi is busy sucking D*ck?

Mon, 02/03/2014 - 18:57 | 4397706 fonestar
fonestar's picture

Just like a fake libertarian, pathetic .gov shill to "invest" in future generations debt slavery.

Mon, 02/03/2014 - 19:12 | 4397758 StacksOnStacks
StacksOnStacks's picture

Yeah, I have to go with Fonestar.  You guys are just part of the system...  part of the problem.

 

Silver bitchez!

Mon, 02/03/2014 - 19:13 | 4397776 fonestar
fonestar's picture

Silver + Bitcoin + Guns & Ammo + Preps.

Mon, 02/03/2014 - 20:46 | 4398196 Fish Gone Bad
Fish Gone Bad's picture

Wow, this is like Myspace/Facebook/Friendster with teenagers.  Go gettem tiger!!!!!!!

Disclosure: long canned food.

Mon, 02/03/2014 - 18:52 | 4397674 wallstreetapost...
wallstreetaposteriori's picture

does anyone like fonestar?

Mon, 02/03/2014 - 18:53 | 4397680 wallstreetapost...
wallstreetaposteriori's picture

beside fonestar?....

Mon, 02/03/2014 - 18:54 | 4397693 fonestar
fonestar's picture

Nobody wants you here fucktard, frankly everyone is tired of your bullshit...

Mon, 02/03/2014 - 18:56 | 4397696 wallstreetapost...
wallstreetaposteriori's picture

Let the people decide.  Up me.

Down fonestar.

Mon, 02/03/2014 - 18:59 | 4397707 fonestar
fonestar's picture

Bitcoin is going to the moon and UST is going to history.

Mon, 02/03/2014 - 19:00 | 4397714 wallstreetapost...
wallstreetaposteriori's picture

can you really talk with your lips wrapped around satoshi?  Just curious?

Mon, 02/03/2014 - 19:03 | 4397730 fonestar
fonestar's picture

Is that the trenchcoat you flashed those kids in diddler?  I think there's an all points bulletin out for you right now.

Mon, 02/03/2014 - 19:05 | 4397745 wallstreetapost...
wallstreetaposteriori's picture

Told you before... pimping reality hoe.  Time to pay up.

Mon, 02/03/2014 - 19:08 | 4397751 fonestar
fonestar's picture

The only shit you pimp is .gov shit-paper and nobody here is buying, actually nobody anywhere is buying.  Try Yellen.

Mon, 02/03/2014 - 19:09 | 4397759 Spastica Rex
Spastica Rex's picture

That's what your mom said.

Mon, 02/03/2014 - 18:49 | 4397642 Jacks Cold Sweat
Jacks Cold Sweat's picture

Market needs a weaker YEN. And Abe a new couch ( he shat all over it ).

Mon, 02/03/2014 - 18:49 | 4397651 q99x2
q99x2's picture

Bubble hunting has been the best play in town. Buy low. Sell high.

Mon, 02/03/2014 - 18:51 | 4397665 fonzannoon
fonzannoon's picture

We are in the paralysis stage right now. The first stage was the first 2% drop. We all knew that was coming. The next 2% is when we all happily btfd. We just passed the "wtf" 2% dip. Now we all sit here frozen, half praying that they reinstate the bernak immediately. From here it's either happy times or hell.

Mon, 02/03/2014 - 19:02 | 4397718 negative rates
negative rates's picture

You can't get to heaven without going through hell.

Mon, 02/03/2014 - 18:52 | 4397670 Jacks Cold Sweat
Mon, 02/03/2014 - 18:53 | 4397671 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

They can look like geniuses (only among themselves) when there is no immediate threat of a crash. Imminent fear of a crash comes time to keep hush hush. Idiots!!!

Mon, 02/03/2014 - 18:53 | 4397678 Iam Yue2
Iam Yue2's picture

We simply call it something else, sickened by the over saturation of the term by certain bods on Twitter....(ahmmm thebubblebubble).

Mon, 02/03/2014 - 18:55 | 4397690 Jackagain
Jackagain's picture

Meanwhile Felix decides to mimic the market....

www.youtube.com/watch?v=dYw4meRWGd4

Mon, 02/03/2014 - 19:04 | 4397709 Hicham
Hicham's picture

The yahoo finance messageboards for uvxy are hilarious- those people are insane. Apparently people have been buying shortsellingor quite a while (which has been decent trade up until the last few weeks). 

Mon, 02/03/2014 - 19:05 | 4397737 Pareto
Pareto's picture

Love this statement: Being "greedy when others are fearful" has an equal and opposite trading meme - cover when no one is worried.  Which is what a lot of folks were doing prior to January 14 or so.....quietly closing levered positions going into earnings.  Could be too early to call, but, it looks like the 401K's are being left holding the bag.  If so, then I suspect they won't be too far behind this time either.  Fool me once shame on you, fool me twice.......ahh maybe not.

 


Mon, 02/03/2014 - 19:09 | 4397755 noob
noob's picture

The Beatles - It's Getting Better All the Time w/ lyrics
http://www.youtube.com/watch?v=gP4apO4dbhw

Mon, 02/03/2014 - 19:12 | 4397779 Wait What
Wait What's picture

how many more SPY points before we get the untaper 'Hilsenrumor'? I'm looking to BTFD and need the mouthpiece to give me the Jackson-Hole-green-light /s

Fuck you Bernanke!

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