Still No End in Sight...

Today was another miserable day to be a contrarian.  Global assets rallied strongly, except for the US dollar and treasuries of course.  It is quite difficult to be a contrarian investor and to constantly lose money as the topping process continues.  In the end, I will triumph.  But the end is not in sight.  At least, I can not see it from where I am sitting.  The amateurs own the market right now.  They have owned the market for the past 6+ months, and nothing is different today.  However, everything has a beginning and an end.  All manias have an end.  The internet stock bubble ended in March 2000.  The US housing bubble ended in 2006.  The tulip bubble ended in Holland in the 1600's.  This strong surge for global risk assets will end too.  Goldilocks is always followed by the three bears.  The S&P 500 closed the day near 1310.