Worrywarts
The bulls will tell you it isn’t smart to be a worrywart. But they simultaneously love to hype the concept that everyone who does worry or is a skeptic is just fantastic for the market. Builds the wall of worry they say. The way they present things you might believe that all worry is irrational and wrong. Is it? From November to February I kept worrying and wasn’t hiding it in my commentary. I was told that I was irrational and wrong. Now this kind of commentary is once again ringing in my ears and it’s time to be objective. Ask yourself whether all worry is wrong. Should a bull be worried about a little red cape? Should you be worried when your car gets stuck on a railroad track? Some fears are irrational. Some doubt is unwarranted. But this idea that all worry about the market is wrong and irrational is not as healthy as the bulls want you to believe.

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