06-23-2020, 11:19 AM
(06-23-2020, 11:08 AM)divmenow Wrote:(06-22-2020, 04:12 PM)EricL Wrote: They are both great companies, but I agree that it's getting silly.
At $1.5T market caps, the law of large numbers eventually needs to come into play, doesn't it?
It’s 1999 all over again lol. Way too Frosty. They will come crashing down soon enough. Eventually value will come back. Funds and insiders are hitting that sell bottom soon. MSFT is one of my biggest holdings and I’m nervous at these levels lol
When AMZN, FB, MSFT, AAPL snd GOOG are bigger then then 32 of the biggest S&P companies combined we have a problem. That valuation gap needs to close.
RSI is over 70 again on QQQ, so I suspect a pullback is coming soon. How much of a pullback is anyone's guess.