Saturday, February 11, 2017

Greed IS Good

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...