Replies to post #82659 on Savvy Trades and Investments

[michael t]

Good post sskillz. I agree with your frustration over valuations. There really is no debate that we have reached extreme valuations. The problem is that we are in a speculative market fueled by relentless central bank liquidity. There will be a day when speculation turns to risk aversion, and then valuations will come back to earth.

No one knows when risk aversion will overtake speculation, but I believe inflation will be the catalyst. I also expect smart money to react to this before it actually shows up in the feds numbers. It wouldn't shock me it this happens far sooner then most people expect.

[value1008]

valuations / risk-on -- Fwiw, the CNN Fear-Greed gauge is only at 69, not even into the deep green / extreme greed zone, due to a few of the 7 parameters (like junk bonds) not being in the "greedy" area. (By comparison, exactly one year ago it was up at 86).

So, if one thinks that kind of indicator has any value, it points to a lot more upside room for the markets.

I guess the Big Money has adamantly decided "Don't fight the Fed" and, at least with regard to stocks, is in "buy, buy, buy" mode.

[RNsidersbuying]

...I don't have one open buy order...

Ditto, and I usually have at least 5 or so lowball-gtc-bids on various stocks.

Using GME and BEEM as current examples of EXTREMELY STUPID BUYING, can we anticipate seeing some reciprocal EXTREMELY STUPID SELLING?

someone mentioned "bunker"...time to hunker in the bunker???