I Think I Can See It Now...The Mystery Spot Top!

Over the past couple of years, stock market bulls were often portrayed as knobs who “didn't get it.” Many portfolio managers wrote eloquent pieces about the un-sustainability of the stock market rise. Former corporate raiders created elaborate websites warning of the DANGER AHEAD! Hedge fund wise guys made compelling presentations that made you want to run out the door, sell all your stocks, put it all into 30 year stripped treasury coupons, and wait for the repeat of the 2008 credit crash (only worse according to them). If you dared suggest maybe their theories might be flawed, you were labeled a luddite who did not understand the massive imbalances in the global financial system.