Markets Can't Go Up Forever

Funny what a few years can do to the psyche of market investors. Five years ago today there was a furious rush to exit securities, and for several months after it looked like stocks were dead money. Today, it appears the tide has turned -- not owning equities looks like the dead-money bet. It appears that one can logically conclude that most investors simply invest with a short memory span.

Many investors also operate with a skewed bias. When the market was falling in 2008 and early 2009, investors tended to believe that stocks can fall indefinitely and become worthless. On the other hand, when the market is climbing higher and higher, as it is today, the belief shifts into thinking that stocks can go up forever. The human psyche operates in extreme fashion when it comes to matters of money....328 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.