RE:Cathie Wood Has Wall Street’s Hottest HandSeems like more and more of these media/market positive feedback loops keep forming: just one more signal of deepening market irrationality. There's no saying how long this bubble can keep growing, especially with stimulus around the corner, but with margin and retail investing breaking records, you know the crash will be both sudden and profoundly deep. I stepped out last January, spent three weeks cursing myself for being a fool as the markets broke record after record, then the crash came, I waited three more weeks, then doubled my money the next two months--a good chunk of it here!
Crashes are crazy opportunities. Keep your ears pricked, folks. When Mount Tesla begins crumbling you know reality has finally come a calling.
I've cleared out or reduced all my positions save PYR and LCTX. I wouldn't be surprised if we see $10 by end of week. Any big news drop will send this parabolic...