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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Friday, March 31, 2023

The Current Technology Bubble


I read today that Michal Burry described in 'The Big Short' movie said that he 'was wrong to say sell' for the first quarter of 2023.

Personally, I think Michael Burry was right to say sell.

The Federal Reserve just started again creating monetary reserves in the past two weeks. 

Such a move in the current situation of bubbles almost everywhere still, especially in technology stocks, will not solve the problem.

Sooner or later, the market must and will be allowed to clear, as far as I am concerned.

Strangely enough, Apple, Microsoft, Alphabet, Amazon, Meta are not too overvalued anymore, I think.

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