I'm sure 99% of traders are having their best year ever. Either that or they were bearish and have been completely blown out.
It's time to think big -- if you haven't already.
Why won't the markets pullback? The U.S. is a mess.
Whenever I take the macroview though, it makes sense. The U.S. is 5% of the world's population. I know we consume 25% of the energy. But there are 3 or 4 billion people out there and they all want to live like Americans some day. The drive to consume, to grow will continue even if every American becomes as frugal as they say. And Americans won't ever be frugal. I know Americans. They'll stop spending only because they ran out of money. But give an American a job, and he or she will spend a good deal of it on shit he or she doesn't need. 'New frugal' is a passing phase.
What happened to Prius sales as soon as oil prices dropped? You see? People don't want to do what's right. Well, they do. But they want to do what feels good more.
And what feels good now is making money in China small caps. By keeping my eye on the Yahoo/ Twitter boards, and the charts, it doesn't take a brain scientist to see where the money is flowing.
RINO, CPBY, CMTP, HRBN, KONG, CAGC. A new one I bought on Friday (which I'm really late to) is GFRE.ob. Why daytrade for $500/day -- most of these stocks are up 200 - 300% in the past few months. Think big. Find where the money is flowing and go with it. You don't have to be a contrarian. You don't have to be smarter than the market. Just be in sync with the market. Run with the hope and greed. The bad news has dominated the news for so long.
I'm going to focus on finishing the last quarter strong. Buy 'em and hold 'em for the big rips. Keep it really stupid simple now. Overthinking is deadly. Think big, but think less. Yes we can.