Well, perhaps. However, I find it hard to believe that SPY's rise has been anything but artificial. Whatever the case, I'm 100% sure that SPY can be irrational longer than I can keep my money betting against it. One of these days I'll be right. Just wonder if I'll be in the game at the right time when it happens.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.