Market Bulls
26 January 2008
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My friend and I could not stop discussing about the market crash. (The crash dented our pockets too, ok?).
My friend: Markets never looked that they will go down so rapidly.
Me: Yes. It looked a “secular” bull market. People of all castes and religion came there to make profit.
Friend: Jokes apart, where did the bulls go?
Me: See we were in a bull market and everyone was a bull. When the bears came, the bulls were shit scared. So all the bulls went, leaving the shit behind for us. If you look at the portfolios now, there is only shit left.
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