Quote:
Originally Posted by Ulic Qel-Droma
stop trying to pick bottoms and tops.
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Quote for truth...
The best one can do is relative to what the market condition and fundamentals tell you.
Right now... fundamentals are fucked...
We have all countries doing QE like Oprah... TONS and TONS of hot money with nowhere to go. Real estate used to be one, but the problem with it is that the price can only go up to the point where people can AFFORD to pay. With major markets all at or near its peak, there's nowhere for the money to go except the stock market.
I think until major economies (EU/US/China) start cutting their QE, we still have a long way to go until the stock bubble bursts.
Disclosure, I'm long the following, so take my comments with whatever salt/precaution necessary:
TSM
TSLA
AMD
GOOGL