I just googled the word permabull and found this. How true it is.

You know you are a Permabull when……

  • each time the market declines you declare it a “healthy pullback”
  • sideways moves are actually just the market “taking a breather” or a “pause”
  • missing earnings estimates is ok as long as management confirms next quarter’s guidance
  • bad guidance is ok as long as last quarter’s earnings beat estimates
  • you criticize any analyst that downgrades your stock from “Strong Buy” to “Buy”
  • you applaud poor economic results as good for the market because this time they will cause the Fed to stop raising rates
  • any negative market commentary is evidence of a huge “wall of worry” that the market needs to go higher
  • you plead that a 10% decline is a “great buying opportunity”
  • you blame any market decline on short sellers who just don’t understand
  • oil declines to $60 and you expect that will cause the market to head higher
  • oil increases towards $70 and you point out how the market has been able to absorb higher oil prices
  • you quote the cliches “history repeats itself” for positive things and “it’s different this time” for negative ones
  • an inverted yield curve doesn’t concern you at all……
source: http://www.hedgefolios.com/read/you-...permabull-when