Willing Suspension of disbelief: the point at which you give up all skepticism
A willing suspension of disbelief takes over when the situation is just too good to be true and when the situation is just too bad to be true.
It is quite clear we have been and still are too pessimistic.
In this case I'm talking about how many Investors are standing on the sidelines while witnessing a secular bull market.
They can see it but they can't believe it.
Investors are suffering a form of "Stockholm Syndrome" in that they have been frightened then brainwashed into thinking that a stock market crash is just around the corner.
The best time to invest other than right after a crash is when Investors are fearful and pessimistic and that time is now.
You haven't "missed it" only part of it.
There will be corrections but this bull market is still in the early innings.
2014 selections will be announced in early December and the results of the 2013 selections will be announced December 31 after the bell.
As always I do this for my own personal entertainment to demonstrate how little I know.