9 months ago Cuban and Gundlach were raging bears at 2800. Lol

S

SammyJ

I’ve been doing this a very long time and I can’t think of a period were I recall such a small amount of bearish people . The believe the mkt can’t fall much is almost universal .We ran nonstop from the 2 Nd month of the pandemic in the face of catastrophic news and we continue to run nonstop .Personally I have not even made a short trade in over 6 months . This is the longest I’ve ever gone without executing a short trade . I know we’ll fall at some pt but I lost complete interest in shorting . I must see substantial downside to entertain a short trade
 
during the Covid pandemic the government literally printed 4-6 trillion dollars (not some yield curve twist scheme). That money will eventually find itself in assets like stocks, real estate, and classic cars. It has nowhere else to go. The only question is how it swirls and how who benefits from that swirling.
 
It already found itself into stocks and real estate . Stocks mkt cap has increased over $20 trillion since last march and real estate probably up $5 trillion . Assets prices have increased at 1 1/2 times GDP. Thats what you call printing out of thin air.
 
SammyJ said:
I’ve been doing this a very long time and I can’t think of a period were I recall such a small amount of bearish people . The believe the mkt can’t fall much is almost universal .We ran nonstop from the 2 Nd month of the pandemic in the face of catastrophic news and we continue to run nonstop .Personally I have not even made a short trade in over 6 months . This is the longest I’ve ever gone without executing a short trade . I know we’ll fall at some pt but I lost complete interest in shorting . I must see substantial downside to entertain a short trade
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The @dozu888 I know isn't a bitch paper handed long. What happened to you? Mkt at ATH and now you are scared?
 
SammyJ said:
It already found itself into stocks and real estate . Stocks mkt cap has increased over $20 trillion since last march and real estate probably up $5 trillion . Assets prices have increased at 1 1/2 times GDP. Thats what you call printing out of thin air.
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You are right, US market cap up 13 trillion since pre Covid.
 
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