SPDR S&P 500 (SPY)

[deadjim]

I’m pretty sure I was a bear when most of y’all were in diapers. Foreseeing the dollar run and equity collapse going back many years, the first real sign of it was in 2018 and again in 2020. but I still atleast traded long side when needed. Here’s the thing: I don’t recall ANYbody referring to 2007 as a bubble on the way down. Very few people wanted to get long April 2020. Everyone was bullish dec 2019. Why is it I’m hearing CRASH from every corner of social media? I mean I get it. Things are pretty bad. But perhaps it serves the purpose of keeping everyone bearish while market reverses from a lower point. My point is that everyone on the same page is not the place I’m comfortable sitting. It’s weird many don’t seem to recognize that either.

There is no place I can go now without seeing something about a crash. Twitter, stocktwits, facebook, the NEWS, tik tok, ihub.. lol. Even if that doesn't say much about which direction to trade, when the crowd agrees with you, something ain't right.