No bears for a while
Repeat of the last 12 months for the next 5 years would be my bet if I was a betting man
Discussion
pretty sure we will hit a level of degeneracy not thought possible well before that but not going to try to trade it either way
The question is where is the degeneracy coming from. If it comes from retail then the past will repeat. If it comes from institutions and nation states, it’s a whole new ball game.
I still think it will be underwhelming pumps followed by 30% corrections until we hit $1M