“The sucker rally is what’s going to get people. Because then we’re going to implode from there.”
-- Kathy Boyle, president of Chapin Hill Advisors in New York, quoted here
People have been able to bank their gains comfortably in this cyclical bull for quite some time, but haven't because the alternative places to park profits all seem so unattractively high priced, and cash so unthinkable. Who wants to go from spectacular gains in equities to the somnolence of a money market account?
Trust me. Sleep is worth its weight in gold. And you're going to need it for what's coming.
