Quote:
Originally Posted by Valuist
As I said in another thread: the market is very sick. I suspect the 2022 highs are already in, and if not, any new highs will be short lived. The Fed HAS to raise interest rates, and it will crush a market that already is in a technical downturn. The rise of meme stocks, NFTs and Dogecoin are all signs of advanced speculative mania. The only questions are how low will it go, and for how long?
|
that's what I thought about last year
so much uncertainty, so much fear, so many stores closing near me,
so many businesses going at half speed - people dying and getting sick left and right
but the S&P gained 26.9% for the year - 2021
now you know what I think about where the market is headed?
I think nothing - I think I have zero ability at all to predict market moves - short term
I just hang with my index funds and take whatever it gives me or accept whatever it takes away
well, I do think one thing - the bulls want to roar - even if they're holding back now - and they'll start roaring again even with just a tiny little reason to cheer
that is the nature of the thing - it's not really at all logical
.
