"Rallying because we're rallying"

Just heard a classic quote from a guy on CNBC.

"We're rallying because we're rallying. People are jumping in because they can't afford to miss this move."

Talk about exuberant irrationality.

I'm sorry to break it to those folks "jumping in," but they have missed the move and there is only more pain for them if they think they can time their entrance and exit to the last leg of this move.