The_Unwind

Delusion The Bubble Called The Stock Market

Short
TVC:SPX   S&P 500 Index
The stock market moves in contrary way of expectation,
often much further than one could imagine.
November has seen the strongest upside gains since 1928.

Electric car maker Tesla,which in December joins the S+P500 , has risen over 500 % in 2020
The VIX last week fell 46 % to 20 in just one holiday shortened week,its largest percentage weekly decline ever.

CNN's Fear/Greed Index currently is at 92 %,
meaning current expectations are in a lockstep rarified bullish,place,not often seen before.
Mutual funds have seen billion dollar inflows in October and November,from retirees now looking to join "the party"

And whether anyone believes this or not,there are still those, I spoke to one yesterday,
who believe Donald Trump won the election, but it was "stolen from him"because of a massive vote fraud of late democratic votes
that appeared out of nowhere at the 11th hour to steal the election,believing in this supposed conspiracy theory
without a single thread of collaborating evidence.

To me this is al of the above represent a complete and total delusion.
A house of cards built on massive greed,and false expectations for the market.It will end badly,
And yet bullish investors are not concerned about any of this
and they are a vocal and angry bunch if you try to take the punch bowl from them.

So i"ll just put the question out there.
Contrary opinion ? The potential greatest shorting opportunity of a lifetime ?
I'll let you decide.Conspiracy has a very long shelf life in the markets, to get to the endgame.

But eventually, I do believe when one looks back on it in history,
most see it for what it plainly was.
A larger than lifetime stock market bubble,..
that was just waiting for someone to prick it,

THE_UNWIND
11/29/20
WOOS Of CONNECTICUT



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