tho it needs to be noted that there are two new(ish) impediments...

tho it needs to be noted that there are two new(ish) impediments to trading on your practiced and experienced nouse .. one, sovereign funds.. huge pools of money moving into equities and using comparisons with returns from bonds as their investment criteria.. and two, the willingness globally of central banks to 'print' their way out of a market downturn (shriek! horror! from the political elites.. nobody will vote for us! banks will lose money!! owwwww! owww!) and to intervene in markets on an unprecedented scale. Its like biblical whatshisname attempting to turn back the tides... but humans with their technology have tamed nature everywhere else (almost) .. so why not tame equity markets? Then everybody is happy.. eh