I admit I'm more of a gloom and doom guy.
It's tiring to see the market move higher when I think it won't. Likewise for when it doesn't collapse as much as it should.
It's kind of like those who believed in "peak oil", M. King Hubbert's theory of the point in time when the maximum rate of extraction of petroleum is reached, after which it is expected to enter terminal decline. Then you're proven wrong, over and over.
It's tiring to see the market move higher when I think it won't. Likewise for when it doesn't collapse as much as it should.
It's kind of like those who believed in "peak oil", M. King Hubbert's theory of the point in time when the maximum rate of extraction of petroleum is reached, after which it is expected to enter terminal decline. Then you're proven wrong, over and over.