SOS When will the Music Stop

Mr Bullish - you just miss the once in a lifetime bull market if you do not enter soon, as proven since March 2009.

Mr Bearish - you must be crazy to enter the DJIA now as it has increase about 75% from its March 2009 low.

Bullish Team - most of them already entered the market i.e. action already taken, not much cash left to enter the market

Bearish Team - has been side line since August 2009, almost 10 months did not enter the market on worry that the market will collapse further below March 2009

Realistic Team is short the market (when it is near 11,000), while trade on good dividend yield stocks since August 2009.

MyView

At the moment, Realistic Team may be losing money on his short, but the good dividend yield stocks has gave them a reasonable gain. So when the market turn bearish, the Realistic Team will reduce its good dividend yield stock and make money from the SHORT.

Actually it does not matter if you are bullish or bearish, the one that makes reasonable return is actually the realistic team.

So how would one be consider a realistic team? Follow good dividend yield stocks until it is no longer attractive (i.e. yield below 6%) and then put a short just in case the rally collapse like in Sept 2008. The short is a hedge to a sudden collapse, while the high dividend yield stocks act as the cash cow until it is no longer attractive.