Posted by goldnice on 14th of Feb 2021 at 09:12 pm
Nasdaq mania update. This is a 30 year chart showing how similar
the 2010-2021 bull market is to the 1990's euphoria. We have now
broken above the uptrend channel just like late 1998 giving us a
12-18 month window. But from here on out at this rarefied altitude
a massive rug pull can happen at any moment. IPO & SPAC mania ~
SQQQ SDS QQQ
Nice chart. For now VIX closing below a major support means we
have more mania buying.
when the party stops, I think a lot of money can be made
shorting all these crazy small cap names.
Posted by jtsurfah on 14th of Feb 2021 at 11:56 pm
Onboard with your primary thesis, but the slope of the trend
back then was significantly steeper...until just recently, right?
Also, a lot more companies in the index have real/actual earnings
compared to back then.
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Nasdaq mania update. This is
Posted by goldnice on 14th of Feb 2021 at 09:12 pm
Nasdaq mania update. This is a 30 year chart showing how similar the 2010-2021 bull market is to the 1990's euphoria. We have now broken above the uptrend channel just like late 1998 giving us a 12-18 month window. But from here on out at this rarefied altitude a massive rug pull can happen at any moment. IPO & SPAC mania ~ SQQQ SDS QQQ
Nice chart. For now VIX
Posted by arun on 15th of Feb 2021 at 10:40 am
Nice chart. For now VIX closing below a major support means we have more mania buying.
when the party stops, I think a lot of money can be made shorting all these crazy small cap names.
Onboard with your primary thesis,
Posted by jtsurfah on 14th of Feb 2021 at 11:56 pm
Onboard with your primary thesis, but the slope of the trend back then was significantly steeper...until just recently, right? Also, a lot more companies in the index have real/actual earnings compared to back then.