DJ Raijin wrote:I just have to ask, are you a forum troll? As in, are you someone that purposely says strange/stupid things just to rile people (a form of internet sarcasm)?
Yes, Matt is our sarcastic politics-section troll, or at least our conservative one.
So long as it isn't too outlandish, I don't have any problem with it. This particular comment is fine and in fact provided some lulz. Anyone who bites that hook is a dim bulb indeed.
EDIT: On topic, I do think that those with cash are starting to come off the sidelines, i.e. our current 800-point DJI rally. It'll slip again, but not, IMO, all the way to the bottom of a couple weeks ago. I think that unless the earnings reports are TRULY awful, it'll continue to creep back upwards. We've got an awful lot of creeping left to do though.
The earnings reports don't have to be POSITIVE to ensure further gains, they just have to be less negative than expected. Awful results are already priced into the market, so that if they're just slightly less awful than expected, people will buy equities.
/lecture on the efficiency of markets