Oddbean new post about | logout
 Before ATH turns into support, it is 
 The people buying the ETF i.e those driving the pump are not gonna sell at the ATH a month into their allocation. They are not speculating. Sticky money will take us right through 69k is my expectation 
 I have the same probabilistic expectation. I’m just trying to consider the emotionless technical analyst view as well. 
 👀 

(I still believe we’ll break out sometime soon) 
 “Bag holders” from the 2021 peak finally sold at a marginal gain. Last flush before we enter into price discovery mode 
 Their first nightmare is over, their next is just getting started 😂 😂