RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell Off?
I'm staying invested 95% in small cap oil. There's nothing to suggest that oil will pullback more than to $85 WTI. Covid is going to be endemic soon and travel is going to be enormous this spring and summer no matter what the gasoline prices are
Torontojay wrote:
CandyC wrote: Ross Healy is on Market Call today. Says Nasdaq is similar to 2000 with the dotcom crash. Expects another Nasdaq crash. Valuations are too high. I put Sangoma in that boat. Says TSX should do well
This is far from the truth. The stock market is not at all like the dotcom bubble. The difference between now and then is the interest rate. Back in 2000, the treasury yields were much much higher than current prices. If you sell your stocks today, what is your next best alternative? I'll tell you one thing, I'm not selling my stocks to purchase 10 year bonds that's for sure.
Stay invested and stay on the course. There are better times ahead.