Hey, maven. Trade the trend, or just stop whining about it. We're not dumb. We know the fundamentals don't justify market valuations. However, the market is not always a rational mechanism. It tends to over-correct due to the emotional elements involved.
The market will meet its Waterloo, but we don't know where that will be. If we wake up every morning like the shorts do screaming "The Sky is Falling" we'll just end up pushing the market to even higher levels as the shorts help fuel our advances.
Trade the trend. When the trend ends, trade the new trend.
Keep it simple and profit from it.
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