We love the economy, we love the recovery, we love the future, and everything is awesome. We love buying just because everyone else is......
However- Our financial calculators on annualized rates of return and projected current rates at the current pace has them going bonkers! How many standard deviations are we outside normal ranges since November 2011. We are not going to wait for Wall Street to plug that into their "asset allocation and risk" trading programs. Call us crazy,Call us pessimists, but don't call us "Illogical".
In the end -we estimate 70% of trading volume on the exchanges is due to computer programs. The last time we checked, computers use logic, not emotion. We have the advantage of intuition-we are using it now.
