[Signalman]

Well, this is it. As soon as the pundits start proclaiming “evertying is great”, the house of cards comes crashing down.

Look out below.

[SeekAndFind]

I’ve always advised people whose stock portfolios are soaring to put a downside protection on their stocks.

LEARN PUT A TRAILING STOP. The problem is people buy but never learn to sell.

[lavaroise]

It is looking like the housing bubble, except here there is a promise of delivery of the value of the stock that is made of thin air compounded with poison gas foreign and domestic policies.

This stock market is propped by food stamps and by the inability to save. It is just companies betting into each other. Moreover they have to turn in a profit and loss and have to play the trade artifice compound interest by rolling the money in and out of lows and highs as fast as they can.

[MrB]

Yeah, that’s what a lot of folks are saying - don’t worry until they come out and proclaim that there’s nothing to worry about.

Like you can create 85 billion a month out of thin air, pump it into the stock market, and not have it be a “bubble”.

[grania]

My memory isn't that short. Before the real estate bubble, all of the experts were saying real estate values couldn't crash. Before the last stock market crash, the experts were saying that there couldn't be a crash....too many safeguards. Then there was the technology bubble that couldn't happen. And the pensions that were safe.

I don't trust anyone who knows what the future will bring.