Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bubbles -- Ignore unavailable to you. Want to Upgrade?

To: Harshu Vyas who wrote (30)	10/27/2021 4:46:22 PM
From: petal	Respond to of 47

I've been a bear ever since I've started in winter 2017/18, as valuations were always high. Was cautiously bullish during feb-april 2020 though, and then again during ~sep to early jan. Now I'm cautiously bullish again since a couple of months ago. Still, I've had a weird sense in my stomach too, ever since covid. Well, before covid too, because of said high valuations. But post-covid, something has just seemed off. I can't take my eyes of this burning market. It's like watching an accident in the making. Then again, I do find some bargain priced opportunities in some "hated" industries. Gambling, oil, tobacco. So I stick to those. If I just buy cheap stuff, I don't have to worry about what the general market does. That said, it is interesting. But I think it's detrimental to one's financial health to follow the macro of the market too closely. It's the trade-inducing flashes on CNBC that keeps the financial cogwheel going. They all depend on it, the leeches in the industry. I'd rather let someone else pay their wages (the ideal would be if we all stopped doing it, so that they would have to earn an honest work's wage). So I try to stay away from that stuff as much as possible, and only use it strictly for non-emotional information/idea gathering, and "contrary indicator" ideas.