Ghost of Igloi wrote:
seattle prattle wrote:
in that case, my apologies.
But to be fair, you probably would have advocated something very similar to that at that time, wouldn't you?
The point was and has been that cash is the best asset class in a bad market. Simple fact, period. Of course there are those that want to manipulate that statement selectively to create their own narrative.
Think about it, why would someone continue to play this game for years? Answer: they have a loose wheel or two.
So is this a good market, or a bad market?