"Resilient Market" teaching that buy and hold does work

An evil lesson is being taught to the market.    The crash then the ramp job and short squeeze from hell. 

Buy and Hold appears to work....until you hold and in December find S&P at 200. 

When the market goes down hard, people will "know" to hang on.   Then HBB has done it's job...distributed this crappy paper to the masses at a peak, then got the masses to hold the bag while it blows up.