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The rally will continue as long as there are buyers given the price and the neural pathways have been fully mapped out. What I'm worried about is that there we
by f430 6y ago
The rally will continue as long as there are buyers given the price and the neural pathways have been fully mapped out.
What I'm worried about is that there were more than one Melvin Capital with several banks now involved who do not own enough shares to cover the shorts.
Which means we are literally witnessing a money printer go brrr situation where as long as there are people buying in due to FOMO or some us-vs-them politics, the prices will rally.
The most shocking part is how exposed not only the brokers are but now the banks are also exposed. We are literally seeing a repeat of 1929.
https://www.history.com/news/1929-stock-market-crash-warning-signs https://www.history.com/news/1929-stock-market-crash-warning...