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Contradictions in things perma-bulls say to bears.

I find the contradictions in things perma-bulls say to bears to be very interesting. It shows how strong the belief in a forever bull and perhaps how unquestioned they are.

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You'll be right eventually

But this is their whole plan. The entire concept of buy and hold is to be right eventually. When you speak about market risk people say, "I'm in it for the long-term".

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Adding to losers

When a bear does it it's called dumb, gambling and reckless. But on the bull side this is DCA and it's regarded as optimal strategy. If a bear gets stopped out and shorts higher they're running an optimised version of the strategy bulls tend to deem as optimal.

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Can't imagine/admit you're wrong

But it's their whole plan. Not only do they see no way they'll be wrong now but they firmly state if there's evidence they are wrong (Falling markets) they'll ignore this because it will be right eventually.

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You can't predict the future

But I am not the one making bets assuming I know what the world will be like in 30 yrs. It's not be making predictions on the future. I'm making trade plans for what I'll do if my hypothesis is correct or incorrect.



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