Post by
Starsearcher80 on Dec 20, 2021 11:13am
A BUBBLE WITHIN A BUBBLE
So first the Canopy bubble bursts, an just when it seems down and out, the far bigger overall market bubble is now showing severe signs of cracking.
This bigger bubble has been a tough one to pop. Looks like it took the change in Fed policy, interest rate rises, the Fed stopping pumping billions into the market, and now Delta/Omicron to finally start the grand unwind.
Careful here folks. Take some lessons from the dot.com bubble. And this one is FAR FAR WORSE in that it is bigger and more market wide. Another difference too is that there are far far more market participants...new money..that has never been through a market bubble bursting. For the past 10 years it's only been up, and they all think they are brilliant. Ummmm, no. They are about to get their heads handed to them. First they will try buying the dip. That will be a mistake. Then they'll panic, and when that happens, with SO many of them, it is going to be one extremely ugly inflection point. At that point, the buy is there in whatever stock strikes your fancy.
Until then, hunker down. For myself, I've been short the S&P for the past 3 weeks. We'll see what comes.
Comment by
ThePopeIsDope2 on Dec 20, 2021 3:59pm
Apparently some made a few bucks here last week with insider trading infusion....I would not touch this stock with my enemies money....what a ride it has been....remember....Trudeau started this mess and got out with millions...lol...those are the no name brands you always wondered who owns them...lol...how are the infused drinks and vapes working out....lol....Merry Christmas..lol