Quote:
Originally Posted by fleury
The markets going up on no news day after day make me think that this has got to be a bubble. It’s completely irrational. While I’m sitting at about 75% cash and missing this run up, I’m very curious how this all goes. Retail investors are jumping all in and when they get the first sense of a loss and panic I think we’ll get a glimpse of the bubble. It’s not all that concerning but it’s pretty crazy right now especially with the money being thrown at the speculative sectors.
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It's not all that concerning if you're sitting on mostly cash is what you meant?
I'm 90%ish cash right now and in a trade group I'm in a lot of big investors (well bigger than me) are sitting pretty heavy cash right now.
I too feel like I'm missing out, but if there's a medium to major correction in the coming weeks there's not a chance in hell I would have timed it so I take solace in that.