No More Mr. Nice Guy
Last week, I tried to be a nice guy and kept my negative commentary to myself. It wasn’t easy and I didn’t really get any other bears to join me in my Boycott on Bearish Commentary. But I was happy with the results and gained a healthier perspective on the positive aspects of this market. In my attempts to point out the risks facing investors, I can get too wrapped up in only seeing the negatives. By forcing myself to limit bearish commentary(if only for a week), I was able to appreciate many of the legitimate upward pressures that the bulls are hung up on. Maybe they should take a week to do the opposite of what I did. It would certainly mess with the contrarian sentiment indicators but never fear - I doubt the permabulls have what it takes to go through the pain of trying to understand the other side. As for me, I am done with my little experiment. Sorry if I bored you last week. It’s game on - NO MORE MR. NICE GUY! Actually, I’ll try to be balanced but I won’t bite my tongue on the bad stuff.

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