Quote:
Originally Posted by PaceAdvantage
When people who know nothing about trading suddenly want to get into trading, it's THEN you know the bubble is on the verge of popping.
It never fails. You're in the endgame....
Now you just have to think of the event that is going to trigger it...
COVID was supposed to be that event...but...it didn't quite turn out like that, now did it? Which is kind of shocking.
So...maybe we haven't been fully informed of the economic COVID fallout as of yet...I mean...like you say, except for masks, certain parts of the world wouldn't know there was a pandemic emergency....
BUT...
Just THINK of all the BIG & SMALL businesses that HAVE been affected...and the still substantial unemployment....and the hits to commercial real estate in the big cities...
And the transit systems that are raking in far less revenue...the cities that may or may not go bankrupt....
How the market is at all time highs? An interesting question....
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As long as they print money with no backing outta thin air....it keeps going....
BBBuuuuuuuuutttttttttttttttttttttt.....when IS the note called due....which is what/when?
Will there be signs ahead of time?...that's THE question.....sure they're will be....but what....China on our bonds?....or war with China....or collapse of the Arab/oil dollar .....all crypto being illegal but the governments...(that's coming soooner or later BTW...FYI...)....who knows....the TEA leaves....whatever....
Soon as they announce OFFICIALY stimulus 3 again under Biden...I would RRRRUUUNNNN/SALE......a bit before perhaps?
Market is supposedly forward thinking....so SELL the news
Just my 2 cents...1943 copper that is....