Saturday, January 19, 2013 - 8:58 AM

Stock Market Optimism A Red Flag?

From the Wall Street Journal

the optimism might be a bad sign. "One of the things that makes me worried is that a lot of people are saying that it's a good time to take on risk. When we all agree, it's generally not a healthy market," says Lucas Turton, chief investment officer of Windham Capital Management

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In my opinion, this latest stock market rise feels like the rise before the 2008/2009 market crash.

KenBDG5,147 posts since
Nov 29, 2009
Rep Points: 117,067

1. Saturday, January 19, 2013 - 9:13 AM

There is no fear of risk out there. The Chicago Board Options Exchange Volatility Index, which measures the cost of using options as insurance against declines in the S&P 500, fell 8.2 percent to 12.46, the lowest level since April 2007.

Shorebreak1,301 posts since
Apr 6, 2010
Rep Points: 4,906

2. Saturday, January 19, 2013 - 11:35 AM

I can not read the article; but it (bear) usually hits at the least possible time. The stock market is not a rational animal.

51hh1,036 posts since
Jan 16, 2010
Rep Points: 4,745