Markets are all down YTD. Flat over the past 2 years. Where are the bulls making money exactly ? Why so much optmism ?
I doubt that many bulls sold. Look even at Ihub boards, how everyone turned bullish. And started posting ever increasing price targets for the new highs. But this 2 day drop is real bull trap on DOW and S&P, for a lot of people.
Did you feel that people are concerned at all, or there has ever been discussion of a possibility that this run has gone long enough ?