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fourdint

04/15/21 4:48 PM

#1380 RE: Pat #1378

Bulls don't last forever, especially when there is not a lot of justification for them in the first place = most of economy still closed ... 20m small businesses permanent closed. That favors bussinesses with stock in that SPO or selling shelves raises money to keep them going why there still loosing $. There is too much $$$ as seen with people buying NFTs, SPACs, and other worthless stuff. Eventually it does come down to fundementails.

You're at markets tops and that presents the a buy high sell low environment. Maybe it is a buy high sell higher but that doesn't set well with investors. I'm willing to take a $6k loss on SQQQ at these levels against a possible $20k gain or more.

I do recognize markets can still go higher. But I also recognize the higher they go the lower they fall. Junk bonds ... dot com ... SPACs ...crypto ... NFTs all have all the same underlying fundementals.