I enjoyed last night as I read samplings from those same uber bears, the ones incredibly brilliant enough to survive this historic bull market shorting every stock under the sun, writing about how the market was on the verge of collapse. Perhaps one day the wolf will come and devour us trend traders, but for now the boys crying for continued weakness continue to get spanked.
As I opined last evening, the last financial crisis was a tremendous, possibly once in a life time buying opportunity for stocks, not the time to be selling. If that crash is coming... bring it on. We'll ride it down with the bears, which brings me back to those boys crying wolf. Those vocal cries of yesterday turned into outright tears today. Like almost every other dip in 2015, yesterdays losses were swiftly reversed. If there was one chart that epitomizes 2015, or puts 2015 into a nutshell, I think the last two days are it.
