"At the end circus clowns blew smoke up each others' asses until it was their turn to be duly muppetized"
Groupthink is a psychological phenomenon that occurs within a group of people, in which the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome. Group members try to minimize conflict and reach a consensus decision without critical evaluation of alternative viewpoints, by actively suppressing dissenting viewpoints, and by isolating themselves from outside influences...The dysfunctional group dynamics of the "ingroup" produces an "illusion of invulnerability" (an inflated certainty that the right decision has been made). Thus the "ingroup" significantly overrates its own abilities in decision-making, and significantly underrates the abilities of its opponents (the "outgroup").
"What bear market? America's money managers have grown more bullish since the summer swoon...Our latest survey finds 55% of managers bullish, and 16% bearish."
Deja vu: A full year of non-stop b.s., and heavy selling...
S&P (black) with price/volume (red):
"They covered all shorts and then face planted into the non-existent economy, which had been outsourced for special dividends..."
S&P average stock (red) with interest rates (black)
Monthly momentum (MACD)
"Heads we win, tails you lose, bitchez"
