I wonder what the reason tommorrow will be as to why the stock market is wrong to be climbing and all the experts that are missing the run are right about the end of the world.
It is tough to bet on these monster crashes, because in reality only one has ever happened ( 1929 ) so you are really betting against history. A correction is inevitable, and it could be sharp, but a crash is not going to happen.
My favorite post on this was the one where it said that the market was actually wrong, I do not recall who put that one up. Be clear on one thing, the market is always right, it is an individuals job to get in sync with it, be it up or down. If you are bearish you have simply been wrong up to this point. There are always illegal finacing or ridiculously leveraged financing deals going on with Wall Street. These funds are high risk/high reward, some of them are always going to go POOF!
