https://sh.itjust.works/post/49182958
Soo.. I succumbed to my urge and shorted Nasdaq (was too scared to short Nvidia).
I wished it would go down in breakneck speed, but it has only whimpered so far. Still, it seems to be showing head-and-shoulders / double top pattern, and the pricing looks like it is trailing down.
Indeed, you never know until it truly bursts, though. I wonder what to do with my shorts.
read Reminiscences of a Stock Operator, before seriously gambling on the various financial ~~markets~~ casinos we have.
tldr...don't fight the trend, unless your the one with the $ setting that trend
its a bull market, damn near everything is overpriced...that's how it works. they've ran the prices up so much so they can drop them, hoping to trigger panic selling
far as the big indexes go, overwhelming majority of people are better off just buying exposure for "insurance". leap-puts on a certain % of their port they regularly roll up/out