I’m reposting this Note To Self from the first day of the ETFs that when “everyone” is pointing to a bull-run, things overwhelmingly have a way of disappointing “everyone”.

Market Sentiment is a powerful indicator.

(I was referring to the FEELING or sentiment at the end of Bull Markets, fwiw, not a belief that we are actually at the end of a Bull Market. Far from that.) nostr:note1lwp253fzww9lppjgd4pktjr2xycm8lcam96vgyyp47nrrql6pp4qyy4z4e