In a dim-lit dark corner, of a sticky floored saloon top callers around the globe are meeting in an undisclosed, hidden, secret location.
As stock prices print lifetime, record highs market participants or yet to participate participants, are faced with the enviously unenviable task of buying the all time highs.
I question your doubts here, and see your doubts an additional one.... why is the market attractively more desireable at record high prices, than at record low prices? Pray tell, is the price of highest that much more illustrious than that of years ago? If investors weren't buying 5+ years ago, why are they buying hand over fist today. Why? Dammit Scotty! Why.
There are a few reasons those sticky footed top callers are meeting to openly discuss record equity trading values in a private manner:
- Stocks in motion tend to stay in motion until a time when said motion is met with an equally unsustainable force. Or more simply. It's the trend baby.
- The self gratuitous cycle that permeates itself into lower stock prices has the inverse affect/effect at record high stock price. The self fulfilling prophesy of higher prices begets higher prices and lower prices begets lower price. Just buy it.
- and in finalitude. The resonation of monetary machinations still reverberate the financial landscape. Free money for all.
at a time and a place of mutually agreed upon standards the top callers will stand their ground, and stick their necks above the rising tide, hoping their sticky shoes will stem the currential torrent.
Finally ..... and in a tone of most certainty.... odds are you will never get this 3-5 minutes of your life back...
I bid you a good night.