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Alias Born | 11/11/2010 |
Thursday, August 30, 2018 10:43:56 AM
the amount of concentration in MSFT, AAPL, FB, AMZN, TSLA, NVDA, and GOOG is unprecedented and I just wonder how they will all perform once the market bull tops out. this run for the bulls and for tech has been incredible to say the least, my biggest concern is timing and eventually there has to be at least a momentary peak for this market, just not sure where that price is, but it has to be getting pretty close IMO.
I truly believe there are insane paper gains all over the world but you cant actually make true gains until you ring the register, just like Bitcoin, the only chance it has now is the HOLDLer's because once those with the largest holding begin to sell, the price will take a major hit. just a concern for putting NEW MONEY to work at very high prices.
$2500 is a lot of money for 1 share of stock for a company with insane PE multiple, but it keeps defying gravity
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