every day Bloomberg TV, CNBC, and god knows who is barking "ANOTHER ALL TIME HIGH" in this or that Index ...
"Stocks are still cheap historically given the current average P/E"
"compared to 10y Treasury yields , S&P div yld is more interesting"
WELL, I was told to buy the dip then... WHAT DIP ????
Ok, is only at 79.6%, STILL GOT LEGS TO GO TO 80%, perhaps even 85% !!!
...or... you play the party-pooper and play aggressively the dip = go short. The dip will come as likely as we got a new pope. The question is therefore not if, but when. Would I rather buy here ? Nope. Would I short here ? You bet.
Is anyone noticing the GREAT on this very recent super rally since the break-out of the monster triangle ?
Great accompanying , NOT.
I am bit sarcastic and there are NO indications and signals of a reversal AT ALL.
But my finger tickles on the sell button. sorry