Agree with your statement - should definitely have stayed long a lot longer - in the red as well and my average is lowish. So much disconnect. The volume of money being injected around the world propping up economies and driving their share markets is insane.
So how does it stop and when?
I'll remain holding however have some long ETFs to hedge as well.
Right now, with the momentum and cash behind the US indexes, the markets look like they could blow through ATH without a sideward glance.
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