%%Paul Tudor Jones says this ‘crazy’ stock market run reminds him a lot of early ’99
PUBLISHED TUE, JAN 21 20207:34 AM ESTUPDATED AN HOUR AGO
Yun Li@YUNLI626
KEY POINTS
https://www.cnbc.com/2020/01/21/pau...market-run-reminds-him-a-lot-of-early-99.html
- Paul Tudor Jones said at the World Economic Forum that the stock market today reminds him of early ’99.
- “We are just again in this craziest monetary and fiscal mix in history. It’s so explosive. It defies imagination,” he said.
- Asked if he wants to get off the train in the bull run, Jones said, “Not really. The train has got a long, long way to go if you think about it.”
- However, Jones warned that the “curveball” to derail the bull market could be the outbreak of a new coronavirus.
Good points+ PT Jones points.
I was planning on taking some partial profits 1st week in JAN,2020. Because of 1999 JAN vol.But NasdaQ/QQQ never got that wild, 1st week.Mr Ray Dallio had a great inVesting/trade point ''cash is trash'' unless one is in the salvage/recycle business. LOL-LOL
Thanks for the link, good thing most companies are run better than TSLA;
QQQ is still looking good, but DAL sector maybe was listening to his travel trend /coronaVirus remark??.......................................................................................................