nevertheless, we're in a market. there is such a thing as value, after all. if you hear that retails owners of nasdaq stocks are going out significantly on margin now, that should be telling someone participating in this market that these 'reluctant sellers' are actually weak hands. if you want stock, and you want it at a lower price because you're bullish on the economy and the market, then you can shake them out. look at the hui over the last two years.
but to continue this buying panic with so many highly leveraged ... that's just piling turtles upon turtles.