Buffett Indicator like the man himself is useless, a fraud!
Just kidding. Current valuations have shattered the 2000 peaks in every single category. So naturally the unanimous conclusion by the street is a great future!
You can fool all the people all the time till the repercussions of mistake is seen by all. Baby we are experiencing a once in a multi-generational peak. Now please remember my EMOTIONAL state is unstable and i have bee known to over emphasize a minor situation. I mean my fanatical crazy over the top call on this Pandemic screaming hiow stupid the market was is just one lucky guess. the inauguration of trump and my ability to see the man for who he was might be acceptable but certainly not my conclusion. For as i live and breath many of Trump supporters still think i was wrong about his character and destructive abilities.
Been playing the upside recently despite my insane position of a dramatic drop soon. But nothing of major significant. just dipping my foot in to get back my timing of the swings.
The desperation of TRUMNP to cling onto hope requires a relief package with his signature on it. I believe Mitch will deliver for him.
I expect reality to hit almost exactly the day after new years rings in. January 5th is the runoff and 6th the last final day to dispute election results. The retail sales preliminary of holiday season will also be known by then.
I am counting on a psychological phenomena to occur after such a long mega bull run. The first drop will be unexpected but recover rather quickly and likely see a new peak high before or on April 2021.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.