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Thursday, July 23, 2020 9:52:51 AM
One aspect of the market that is a given is its unpredictability. The holy grail has been to create some formula that can reduce that unpredictability factor.
Charts are one source. Historical data is another. With the Covid factor comes a different animal. A high level of irrational exuberance, momentum, and a ton of emotion.
That’s why the SP could bolt into the mid 20’s with approval. That’s the pop on news that correlates w the sentiment that is building up w the increasing uncertainty surrounding Covid.
Your contrarian perspective in relationship to the overwhelming bullish perspective on this board is a positive as it makes investors contemplate more aggressively why they they own this investment.
The result is they are convinced even more then before this is a very rare investment w tremendous upside over both the short term and long.
Thank you for your posts Hopester they are a blessing in disguise.
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