cloud stocks are not going to make the kind of money wall st expects, if was willing to take more stress, would short the qqq now. Salesforce disappointed just now
Have been expecing msft, amzn, and other cloud providers to not live up to wall st expectations, but remember how in July 2005, housing stocks were flying much higher, while the fundamentals were not confirming. Markets get ahead ofthemselves, and that is where we are for the market in general, and the tech stocks in particular.
Thought was possible qqq would get close to old high, and spx get to 3000. both have happened, now do I change my plan to fit current realities, or stick to the plan and start shorting heavily now?
