Typical Euphoria at the top when the retail investor moves in
Maybe the market goes up another few months but the top is near. Just check historical charts, multiples, etc. Everything shows that we are near a top. The retail investor is finally getting off the sidelines which is the final straw as the big boys have moved our in an orderly manner.
LOL! Yeah....makes total sense. The average Joe with an ETrade account and access to a message board is now the expert. These guys that went to school, studied stock valuations, and went to school to get their brokers licenses are the real fools! Suckers. Wish they knew that all they would have had to do was open an online account and listen to irrational babble by people like wall st trendsetter and they could get rich. I mean, rule #1 in investing is now: Keep buying because, if it has gone up, it's going to keep going up, indefinitely.