….dosn’t care what poor people think!
Yup, anybody who’s ever been a longterm bear is poor, as compared to anybody whose been a longterm bull.
You guys know I don’t play BS market guessing games, but market history, recent price action and personal experience tell me that despite the tremendous amount of gloom and doom in the big-headline-dependent joke of a financial media (you know it’s a joke when the horrifically-mismanaged-probable-soon-to-be-bankrupt-Blodget-run Business Insider blogs (I’ll probly have to buy them and turn them around eventually) have the best content), we’re in for more strength…which I’d love as I’m pretty much the only short selling strategy that looooooves bull markets (don’t understand how, well stop scratching your heads and LEARNNNNN how to profit from the short side in bull markets especially!)
Don’t get me wrong, if WFC is manipulating their accounting (likely but even just a little bit of creative accounting vs. possible huuuuge losses or accounting manipulatyion is actually bullish!) and this whole reobund turns out to be a deadcat bounce instead of a “generational bottom” (haha silly little marketing-hungry finance freaks), then that’s fine with me too.
Aside from the above decade-long-jaded-cynical-trader comments, ALL traders should remain open to more upside or downside (stop guessing…stop watching BS no-edge-time-wasting CNBC….stop reading BS no-edge-time-wasting WSJ…finance is not interesting, it rips your life away without you even realizing it!!!!), just understand what history (the only expert I trust because PAST PERFORMANCE IS IS IS IS IS INDICATIVE OF FUTURE RETURNS…yup, the SEC and lawyers are full of BS too (but everyone already knows that).
Aight, I’ll stop criticizing the scumbags who deserve it and just show the over-arching historical trend over the past 140 years that annihilates all market noise/chatter:
Posted in Financial Media Circus, Guessing Games
