Please, don't PM me and comments on my ideas. I don't have time. Sorry.
The nasdaq vs dow jones ratio and also versus S&P 500 is clearly telling us that capital is FLOWING into Tech and Nasdaq.
Money is scrambling to find yields and somehow Tech has been perceived as a safe haven.
Nothing goes up forever, parabola will always end.
But here is the thing about parabola, we will never know when it ends, we only know AFTER THE FACT.
Unfortunately, we are going to witness another bubble just like Dot Com and a lot of people are going to be slaughtered and left holding the bags.
But I personally believe that we are still at the early innings of this bubble. We will know that it is clear bubble when everything related to tech is going up like crazy and when crypto made a crazy comeback.
The nasdaq vs dow jones ratio and also versus S&P 500 is clearly telling us that capital is FLOWING into Tech and Nasdaq.
Money is scrambling to find yields and somehow Tech has been perceived as a safe haven.
Nothing goes up forever, parabola will always end.
But here is the thing about parabola, we will never know when it ends, we only know AFTER THE FACT.
Unfortunately, we are going to witness another bubble just like Dot Com and a lot of people are going to be slaughtered and left holding the bags.
But I personally believe that we are still at the early innings of this bubble. We will know that it is clear bubble when everything related to tech is going up like crazy and when crypto made a crazy comeback.