Authored by Vincent Delaurd via INTL-FCStone, Melt-Up, FOMO, and Other Climaxes - A Technical History of Good Times Bottom Line: Many strategists are calling for a year-end melt-up: I believe it already happened There have been 76 melt-ups since 1900: the current one is already the second longest on record Stocks have achieved a Sharpe ratio of 4.