Technology most Crowded trade Ever!!!!! Uh ohhhh
- Thread starter S2007S
- Start date
Ndx ran 250 pts off its lows and was up . It might take a asteroid to get a real bear mkt and stay down 6-12 months. Its a game to 10's of millions of people not carrying about underlying valuation .
12K soon and probably 15 not far off.
most likely written by non trader.
The only thing that matters is the Fed.
Been like that since 2009 lows. Every little bump they immediately stepped in.
A global pandemic and lockdown caused a three week selloff that was met with the largest money pump in world history and the absurd promise to buy Junk bonds.
So even some failing companies aren’t allowed to fail anymore.
One bubble after another after another. Who knows when it will end. No point in fighting it. Get long or get run over by the Fed train.
Might as well go all in while the money is free because when it finally ends it's going to be nothing short of Armageddon - and returns for years after that will be laughable at best.
Doubt it unless another 7-10 trillion being pumped into the system. Funny, how we now count things in trillions, just mind boggling.