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What A Difference 2 Weeks Makes
Since Jim Bullard unleashed his "we're gonna need a bigger QE" speech as the Dow-Data-Dependent Federal Reserve saw a 1000-point drop as the trigger for moar intervention, the world has changed. In fact, the exuberance is so effusive that, according to AAII, the percentage of Bullish advisors surged by the most on record... and yet we keep being told how negative everyone is?
Peak Manic Depression?
Source: @Not_Jim_Cramer
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(Except this time, there are no shorts left.)
The 1000 point drop was just a way to make them some good profits in a nice dump and pump. Probably a series of these coming too, I wouldn't touch this shitshow with a 10 foot pole.
Use a 10 foot dollar.
Hey go for it....I'm a Vegas resident and I've never stood outside a casino warning people.
The majority of voters are those who also have stocks. They are all giddy and did a buy, buy, buy. Yippeeeeeeee.
The 2/3s of people who did not vote most likely don't have any stocks unless it is in a 401 or IRA, which are few.
The cows are marching forward. The FED is still in play. That's why we are told to worry about everything.
Buy this market, No Way. Short this market, No Way. The Casino is too rigged and manipulated right now.
Stocks that don't make the numbers go up. Those that make their numbers go down. No Way to Play. Got Cash...Keep It.
Only blue skies ahead.
We should call it the " Twinkie Index® "
Every week Z/H contributers get to vote on the idiotic/boneheaded, financial & political lies and disinformation of the week.
Then we can offer our links and truthisms to prove the fact(s)!
With pictures like this on CNN Money, we gotta be near a top:
http://i2.cdn.turner.com/money/dam/assets/141003024421-party-bull-620xa.png
if this drunken bull running on wet cobble stones watch out
Seems that 'wall of worry' is scary high -- above the level of the average limbo pole.