Zeev's Turnips Patch-No Politics (ZEEV)

[westpacific]

Margin Debt above 2000 highs, highest percentage of bulls in 20 years - lets see this rally was not just a mania, a desperate attempt to recoup losses.

Once again they all got lucky and no global event took it over the cliff. Like a derivative blowup, bank failure, terror attack.

That luck will run out for many risk gamblers at some point in this bear. Do not forget that.

The smartest play in this whole rally was gold stocks, cause if the market did collapse that was the only safe haven going.