Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Jan 9 4:00 PM EST

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To: FullVelocity who wrote (108566)	7/24/2018 7:18:02 AM
From: SGJ	5 Recommendations of 221579

Hi these are extremely short term concerns imo. I know the current prices of stocks makes no sense to those who are bearish right now and are so sure we need a big correction. What you are leaving out though, as many of the bearish do, is the money still in bonds, the America First policies, cash on the sidelines and the shrinking amount of available common stock that has taken place over the past 15 years is driving up prices. The best analogy I can give right now is the art market. There is no sensible reason that lines drawn on paper should be fetching a million dollars, but they are. fineart.ha.com Need a pair of sneakers? fineart.ha.com Why? Because of a shortage of masterworks. All of them have been scooped up by the big money and the museums. There is a lot of money chasing the next big thing. Its ridiculous yes, but there appears to be no end in sight. Now tell me, do you want to put your money in GOOGL at $1,200 per share or pay $40,000 for a pair of sneakers?

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