Speculating stocks will crash, in such a way as to contribute to that likelihood is one thing.
Speculating stocks will soar, is not “speculation”.
It is optimism.
Can we agree on "optimistically speculative"?
;-)
What?????? Speculation in stocks is ALWAYS speculation. I thought the way to INVEST is to read a prospectus and look for a healthy, well managed company with a low P/E ratio in a growing market sector. Buying damaged Financial stocks just because they are pennies on the old dollar is speculation. Buying into a stock market dropping on hard economic fundamentals on the wishful chance it might rise after a rumor puts a tourniquet on a profusely bleeding financial sector is PURE speculation. Never forget that a tourniquet saves the victim but usually at the expense of the limb where the tourniquet halts circulation.
This bailout is a tourniquet that may or may not save the patient but guarantees the loss of the limb.
People stupid enough to join the ramp up in equities on NO fundmantals are the next in line for a painful spanking. Stupid hurts, but stupidity should never go unrewarded.