A diary of the thought process behind my investment decisions
The Great Humbler
The stock market is truly The Great Humbler. The consensus coming into the week was that we would see a pullback, but the market gapped down Monday and gave very few any time to position for it. This morning, just as the consensus became that we would see a deeper pullback we turned around and have not stopped rallying. The markets moves this week remind me of a bull at a rodeo that does not let anybody ride for more than a few seconds.