My natural thought is that when there is sooo much bullishness that the only way to go is down.
Yes, all the bull in here is pretty overwhelming! Still, thought we might break below 210 last night. It was not to be.
You are evidence of the contrary.
Only when you become silent bears or careful bulls shall we go down, after first a final euforia spike.
Or have you proven in the past to be a vocal bear before it collapsed?
Can't
really say that I'm a bear. I do feel like we are due for a correction sooner than later, and I thought we
might break that bearish wedge to the downside. But this is pretty uncharted territory... I'm nervous, though. And I don't have the same certainty that price will continue to rise that the vast majority around here obviously do.