Replies to post #111368 on Savvy Trades and Investments

[littlejohn]

Ai / Nvda reminds me of Seagate in 1984

and the many disk drive companies...

The plunge then was historic in

1985 when the tech sector was

only starting to bud more...

https://www.encyclopedia.com/social-sciences-and-law/economics-business-and-labor/businesses-and-occupations/seagate-technology-inc

It takes a long time for history to be

forgotten by a new generation that

hasn't seen product prices fall fast...

You don't know when the peak comes

in the current Ai bubble...

You don't how long a downturn will

take to find a bottom...

But, rest assured, history shows that

downturns are swift when they start...


Meta price is bubbling too, so is that

blamed on Ai too?...nope...

The market is just bubbling in tech

with big casino gambling pricing...


So we watch...LJ