It takes a special kind of stupid to be a Permabear; the one that even a thousand hard slaps will not alter. Perma-Bears have a death wish; they are begging to be taken to the cleaners for nothing else can explain this short-sighted way of thinking. A simple examination of any long term chart will prove once and for all that being a Permabear is never going to pay off. There is not one long term chart that can prove that taking a bearish stance, in the long run, has ever paid off.
The solution is simple
Focus on the simple factors, for that is what helps determine the trend; factors such as mass sentiment, and extreme patterns (technical analysis) on the charts. The news is not an essential factor; in fact, toilet paper has more relevance than news; at least it serves a noble function; one cannot lay the same claim to news.
Anyone that advocates giving into fear should be thrown head first out of the front door(figuratively speaking that is) and never allowed back into your house or mind; fear never pays off; only the vendors of fear will make a handsome buck, the buyers will lose their pants, their shirts and their knickers too.
Marc Faber is a classic example of A PermaBear that is full of rubbishThis dude has made prediction after prediction calling for the mother of all crashes since the inception of this bull (2009) but the only that should have crashed is his huge ego and his rather large mouth.