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Playing The Game
The so-called "strategist short squeeze" is proceeding apace.
"Capitulation by stock market bears on a near wholesale basis suggests that money held on the sidelines may flow into stocks in the months ahead," Oppenheimer's John Stoltzfus said, lifting his year-end S&P target by 500 points to 4,900.
He's now the proud owner of the most bullish call around, surpassing even Fundstrat’s Tom Lee, no small feat. Lee, often the subject of thinly-veiled derision in some corners, lifted his targe
Your 5th paragraph describes me to a tee.
The one thing that I would add is that if this is one’s strategy- one must be willing and able to cut one’s expenses (or supplement their income) and all discretionary spending during the short term down cycles of the US stock markets.