RE:RE:Quite disturbing...Johnwith30years
,Excellent post and pleasant to read.
There is one thing that we must not forget is the possibility of a market correction and I would not like to experience the kind of drop we have had just last March !
Market is overpriced and when you see a company like Tesla with a market cap of $ 648 381 377 000 with 960 854 000 issued shares is frightening !
In march it was trading at $ 100 up to $ 900 and back at $ 675.now
I d'ont know who is holding the bag now but it will cause some damage at a moment .
Just to say that at one point the'' Bubble''will burst.
This week we had 2 ''mini''down day and the volume of share trades is growing .As an example, on the TSE Friday volume was 402 M up frrom an average of 250 M in the past 6 months and the S&P/TSX Composite Index up to 18 000 from 12 000 for a 50 % gain.in less than a year .At the closing yeaterday the S&P 50 day simple moving was broken and is not a good sign.
Best advice :Better to have a big bucket of dry powder to get back on board !