Nice discussion on this thread. Differing points of view.
Just goes to show that the market is an elephant, and that we are all blind men. What we experience from the market is our reality. Some people seem to insist that their view of the market is the only one. Others are willing to hear others' POVs. Some are at the good end of the elephant, some are at the bad end.... If you are at the good end of the elephant, stay there (but be careful). If you are at the bad end, try to help yourself to a good part, or get away from it.