Nasdaq vs Gold vs Dot Com Bubble Facts
I only look at facts, not people's opinions. In fact my opinion doesn't matter.
The current situation is nothing compared to Dot Com Bubble.
If you only look at one data or one chart and make your investment/trading decision based on that. Good luck.
If you try to be fancy and wants to short the market top. Good luck.
The fact is, we have BOTH Nasdaq and Gold rallying at the same time, UNLIKE during Dot Com Bubble when Gold was in its bear market.
The capital flow is BROADENING, which means the capital is NOT ONLY flowing into Nasdaq. Of course the concentration is HIGHER there.
But we are not in the same situation like Dot Com. Nasdaq didn't go from 1000 to 5000 or did 5x in 5 years. We are just barely 2x from Dot Com Bubble top, not considering inflation.
That's the problems with people who think they can predict a market top. That's why none of the richest people in the world are short sellers. Short selling is just a fancy occupation, nothing more.
We already had that major corrections, major corrections will happen from time to time, but you don't want to fight against the secular trend of asset prices going up versus fiat or dollar and that may continue much longer than you can be rationale.
Just enjoy the ride and take some profit here and then, buy only essential things in your life, no need for big house or lambo or yacht, you will not bring those items with you in grave anyways.
Don't fight against the fed.
And lastly, stop wasting your time, don't reach out to me. I will never read any messages or comments.
Regards.
The current situation is nothing compared to Dot Com Bubble.
If you only look at one data or one chart and make your investment/trading decision based on that. Good luck.
If you try to be fancy and wants to short the market top. Good luck.
The fact is, we have BOTH Nasdaq and Gold rallying at the same time, UNLIKE during Dot Com Bubble when Gold was in its bear market.
The capital flow is BROADENING, which means the capital is NOT ONLY flowing into Nasdaq. Of course the concentration is HIGHER there.
But we are not in the same situation like Dot Com. Nasdaq didn't go from 1000 to 5000 or did 5x in 5 years. We are just barely 2x from Dot Com Bubble top, not considering inflation.
That's the problems with people who think they can predict a market top. That's why none of the richest people in the world are short sellers. Short selling is just a fancy occupation, nothing more.
We already had that major corrections, major corrections will happen from time to time, but you don't want to fight against the secular trend of asset prices going up versus fiat or dollar and that may continue much longer than you can be rationale.
Just enjoy the ride and take some profit here and then, buy only essential things in your life, no need for big house or lambo or yacht, you will not bring those items with you in grave anyways.
Don't fight against the fed.
And lastly, stop wasting your time, don't reach out to me. I will never read any messages or comments.
Regards.
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