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LOTS OF “ANALYSTS” TRASH TALKING THE AI PHENOMENON WHICH IS LEADING THIS STOCK MARKET EVER HIGHER.MOST COMMENTARY SAYS THIS IS THE GREATEST BUBBLE IN THE HISTORY OF BUBBLES ( TULIP MANIA ON STEROIDS) YADADADADA
BUT AS RAMBUS ALWAYS SAYS …IGNORE OPINIONS…IT’S ALL…(THE SUM TOTAL OF MILLIONS OF OPINIONS)…. IN THE CHARTS
AIQ IS A LARGE AI ETF …BROKE OUT WITH TODAY …WITH A BREAKOUT GAP TO BOOT
“LOTS OF “ANALYSTS” TRASH TALKING THE AI ”
No. They are warning that the fundamentals ARE NOT THERE.
The charts are simply showing that the emotional tide isn’t ready to turn yet.
BOTH are entirely compatible with each other.
And KD and others are just saying … START TO PAY ATTENTION NOW.
AND I SAY PAY ATTENTION TO THE CHART NOW…FUNDAMENTALS ARE JUST SOMEONES OPINION
and I don’t play the short term “daily” charts (in isolation).
that is exactly how you get whipsawed.
Ok, hard to believe, but I used to sub to Rambo….but he would always whip saw you with his calls, getting in and getting out. And his analysis was so long sometimes that you would fall asleep trying to read it all….
The biggest annoyance is that he would send out a call to sell his position at like 3:55 pm….ok, yeah like I’m going to see that email and then be able to act on it across my accounts. He has good big picture analysis, but his in and out of the market was near impossible to follow.
But I agree, react to price, not your expectation of what should happen. Now, I have suffered the latter in this extended PM drawdown, but I have the macro belief behind it and I am convinced and betting that certain macro issues will put me on the right side of this trade. And I know, the market can stay irrational longer than you can stay solvent, but I’d parry with no risk, no reward. I took the bigger risk in betting on leveraged silver bets last year, and in my risk tolerance, I can stomach the drawdown of actual stocks, and not the gyrations of the underlying assets of silver and gold themselves. We are in a resource war, and currencies imho will be no different. The only quality money is gold and silver, all the rest is just worthless paper. People go mad in crowds, and become sane one by one.