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Haha. How is this different from last tech bubble high of 2000 where folks were "daytrading" quickly appreciating tech stocks or last real estate cycle high whe
by readhn 9y ago
Haha. How is this different from last tech bubble high of 2000 where folks were "daytrading" quickly appreciating tech stocks or last real estate cycle high where "everyone" was in and out flipping homes. I say its not any different! Here you have hedgies using early access advantage to buy at a discount and quickly turn around and sell to the "bag holders". (aka retail "know-it-all" bag holders).
- deleted 9y ago[deleted]
- ringaroundthetx 9y agoIt isn't different, people need to validate their beliefs even if that means ignoring or being oblivious to how it is exactly the same as how their favorite markets function