It's not a question of if, but when. The Nasdaq is ludicrously trading at it's all time high, somehow, when most of the world still doesn't have shops or restaurants open, the current market has been propped up by the Fed and it can't last forever. FAANG+ is well overpriced and considering they are main components of the NASDAQ, they'll be the first to fall.
Whilst we are all making very good money during this period, we all know that it will come crashing down at some point and I for one see a drop coming of around 10% on most indices excluding the FTSE 100. So be ready to pull out of any spot.
I feel this will be in a few weeks time, but could be wrong about dates. One thing is for sure, this can only go on for so long and everybody knows it. We are all riding the wave just waiting for the first signs of the impending pullback which is on the horizon.
Whilst we are all making very good money during this period, we all know that it will come crashing down at some point and I for one see a drop coming of around 10% on most indices excluding the FTSE 100. So be ready to pull out of any spot.
I feel this will be in a few weeks time, but could be wrong about dates. One thing is for sure, this can only go on for so long and everybody knows it. We are all riding the wave just waiting for the first signs of the impending pullback which is on the horizon.
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