Prechter was right. This is just idiots conning idiots, while telling themselves they're intelligent...
Step 1: Throw money away
Step 2: Make up reason for step 1...
Gamblers who don't "believe" that social mood drives markets, are the reason it works. They're always the ones getting conned...
Pot stocks
Semiconductors
Video games
Speculative Energy...
Recent IPOs (Ferrari)
Priceline
Internet
Netflix
Not riding high...
Large cap stocks % above 200 dma
New 52 week highs S&P 100
Ameritrade
Just another cycle of mass delusion. Ending...