Gret whitebeltdann is at it again! We've all heard it before. "We can't go any higher." Or "but we've gone up so much already." They don’t have any income or will run out of money.
While there are absolutely times that one wants to be more cautious, I will never understand the determination of the many market participants on the "dark side," who consistently bet against or try to confuse undecided. People should just listen to what Donald Bubar has said and delivered. They are factual and should convince anyone to remain primarily bullish.
We invest in what's working and ignore what's not.
Price tells you how investors are positioned based on the basic laws of supply and demand. Does demand outweigh supply? Then prices will go higher. If there is more supply than demand, then prices will go lower. Simple.