Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
“One of the problems for the bears is that everyone seems to acknowledge that we are due for a correction,” says David Rosenberg, who recently joined the market bull camp. “But it may well be this near-universal perception of a correction means that we may not see one.” Noting the S&P 500 (SPY) has gone 531 trading days without a 10% correction, Rosenberg says it's not that unusual - there were no 10% drops from 1990-1997 and none from 2003-2007. "A Textbook Pre-Crash Bubble," is the title of John Hussman's latest. "The problem with bubbles is that they force one to decide whether to look like an idiot before the peak, or an idiot after the peak." http://blogs.wsj.com/moneybeat/2013/11/13/morning-moneybeat-blowing-bubbles/?source=email_rt_mc_body&app=n
Comments
"A Textbook Pre-Crash Bubble," is the title of John Hussman's latest. "The problem with bubbles is that they force one to decide whether to look like an idiot before the peak, or an idiot after the peak."
http://blogs.wsj.com/moneybeat/2013/11/13/morning-moneybeat-blowing-bubbles/?source=email_rt_mc_body&app=n