No. of Recommendations: 4
Elan asked: Why be irritated? They're creating opportunities.
You are right. Their continuous bearish calls are in some measure to my advantage. They exaggerate market moves, and my research is all about identifying those exaggerations.
Having said that, however, I see it not too dissimilar from someone addicted to drugs, alcohol, gambling or anything else, they want everyone around them to be absorbed in the same thing. It is a fact of human nature. The more everyone else around them is experiencing the same mediocre returns the better they feel about their own sub-par returns. I'm irritated simply because I'm sympathetic to the individual investor being sucked into such things!