It feels like we are in the slough of despond.
Fighting a market is not a wise thing (least of all on the positive side of the economic/market cycle). Taking your medicine and getting with the game is always easier said than done.
The markets incessant march onward and upward since its August lows is wearing us down. Just "buy the dip" is the mantra of the moment.
I'm thinking we're not far from a nice pullback, and "sell the rip" is probably a better banner.
Doubling down is a very dangerous sport, but can sometimes cover over a multitude of sins.
The courage to be, and the courage of ones convictions are in short supply. But at some point you've got to take a stand.
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