Market melt-up and melt-down

Check the melt-up in 2000 and 2008. The market surged to the highest and followed by a steep plunge.

You need to buy stocks in order to move them up. Now, the cash in US is pretty much exhausted and followed by a record-high margin debt.

Be careful.I will dump more stocks after the settlement of the trade war and even more after the election that is too far away though. '

From past performance, the crowd is usually wrong. Hence, act opposite to the crowd. Now the crowd believe the market will rise endlessly. At least, move some risky stocks to safer investment such as CDs.

The market is fundamentally VERY unsound but technically sound as illustrated in my blog.tonyp4idea.blogspot.com/...