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No.
As far as I am concerned, we are witnessing a bear market rally. In tech stocks is the greatest magnitude.
I think the Nasdaq Composite could go down to 8000 points or lower or circa 50 % fall from its peak in November 2021.
The Federal Reserve will go on raising rates and this will stifle the capital technology companies need and make other sector like commodities and industrials more attractive.
Even now, technology stocks are grossly overvalued, I estimate.
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