They are priced to perfection.
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Nasdaq divergence
- Thread starter Corky5
- Start date
They are priced to perfection.
I understand what you mean.
That's why it is important to just focus on the chart,
and don't bother about intrinsic value, true value, manipulated value ...
Yes, you can ignore everything else and just focus on the chart. However, if you do that, it's necessary to trade with stops or buy some form of protection because if one only focuses on the chart, they have no idea if something they are buying is vastly over-valued or something they are shorting is vastly under-valued. Trend following is a valid approach though. Works well when done with discipline.
this is why i started this post. things seems to euphoric with these crazy price targets.
Nobody knows the future... but in the dotcom bubble, at this point there were 1-2 years left to go. And this bubble has potential to be bigger by an order of magnitude.
Nobody knows the future... but in the dotcom bubble, at this point there were 1-2 years left to go. And this bubble has potential to be bigger by an order of magnitude.
Doubt that. Thought I read somewhere recently that ratio of Nasdaq 100 vs. S&P is already at where it was during peak of .com bubble. Check that stat though...
Doubt that. Thought I read somewhere recently that ratio of Nasdaq 100 vs. S&P is already at where it was during peak of .com bubble. Check that stat though...
Why should the ratio even matter? What is the academic logic? I mean the ratio of SPX vs Hot Air Balloon stocks went to infinity right if Hot Air Balloon stock went bankrupt.
Amazon up another 100
$50 billion added in market cap in one day.
Over a quarter of a trillion in less than a month!!
Prove to me why this even matters. Show me this happening in 1999 or 2007 and then you said this, and it turned out to be the peak. Otherwise, it is just nonsense data that I can pick every day. I can sort 500 stocks and point the 5 biggest stock every single minute of every day for the past 100 years.
Prove to me why this even matters. Show me this happening in 1999 or 2007 and then you said this, and it turned out to be the peak. Otherwise, it is just nonsense data that I can pick every day. I can sort 500 stocks and point the 5 biggest stock every single minute of every day for the past 100 years.
JUST Keep believing that a stock can keep adding
A QUARTER OF A TRILLION FU×KING DOLLARS every 4 weeks.
On the one hand, I can understand if Amazon takes business away from countless other places. But from my understanding, the whole warehouse thing and delivering packages is at best still a break even business. Its the AWS that is making the money. And in a way, if lots of other business go under, perhaps even those that used AWS might go down as well, so even AWS could in theory lose business.JUST Keep believing that a stock can keep adding
A QUARTER OF A TRILLION FU×KING DOLLARS every 4 weeks.
But of course, with no where else to put your money, Amazon will keep going up. I'm starting to think this rally has very much been fueled by government cheques needing to be spent, and what better way than stocks!