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So QQQ was 100 at 2016. Went to 400 in 2021. Should be back to 200 (or less) and still be fairly valued. But "Crashing" is point of view. I.e. if you short th
by streetcat1 5y ago
So QQQ was 100 at 2016. Went to 400 in 2021. Should be back to 200 (or less) and still be fairly valued.
But "Crashing" is point of view. I.e. if you short the market (a seller), the market is actually up. I.e. you should not try to time the market but time the DIRECTION of the market.
Also, the Fed is not hawkish, if it could it would not raise rate.
- fartcannon 5y agoCrashing is also the perspective of new investors who for reasons like not being old enough to invest yet, or being born poor, only entered after the QQQ hit 400. Gambling should be illegal.