Zeev's Turnips Patch-No Politics (ZEEV)

[osprey]

Indiscriminate buying on the NASDAQ. My watch list of about 60 stocks is almost all up, the good, bad, and ugly. This suggests index fund buying as well as panic buying by retail who don't want to miss a move. This is a lot like early 2000. It is a bubble, play the ball where it lies. No idea how long this can go but suspect for a long time. Bubbles only pop when they are so ridiculous that everyone starts laughing (nervously), the analysts and TV experts start explaining why it really makes perfect sense (this time it is different), and there is a catalytic event. Don't see any of this yet.