Quote:
Originally Posted by sonofsam
To the rest: This has been the longest bull market in history, and the market is detached from the economy. All time highs during a time where the world locked down for a year? Makes zero sense. Once the fed stops manipulating the market by printing trillions of dollars, the market will come back down to earth.
I’m sitting on cash until they stop printing money, and then I’m buying leap puts on all the overvalued tech companies far OTM. My risk tolerance is super high so either I crush it or get crushed.. I don’t think they can keep these valuations up for much longer though so it feels pretty safe.
|
What's your timeframe for the bust?
I think we're looking at September this year, I think there will be a melt up promoted via a post covid/immunization summer boom, one last dose of euphoria before the chips come crashing down. The reality is, once they open up the economy again and stop all the financial support measures, that's when the insolvency really begins.
That's my view anyway