No. of Recommendations: 5
"Dying bullish euphoria" is a stock timing strategy from the MI board.
I don't want to talk about the mechanical angle, rather, just want to report that I have noticed a chill wind blowing across investment forums that are popular with millenial age investors.
5-8 weeks ago, before Nvidia peaked, everything was very euphoric and everyone was chatty, boasting etc.
It started to go quiet about 3 weeks ago, and now comments are reappearing, but rather bearish.
No one is boasting about 'gains', no one is talking about bets they've made.
Just a few people reporting in crippling losses from options, and fears for the monthly options they still have in play, hoping the drop will quickly reverse.
Interestingly, no one is boasting about gains from buying put options.
"Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria." ' John Templeton
