EWT
Feed Explorer$Invesco QQQ Trust(QQQ.US) has entered the first stage of decline where buyers at high prices stubbornly hold on to their long positions—based on my conversations with investors.
$Invesco QQQ Trust(QQQ.US) has gained 20% from previous dollar-cost averaging on this, patience is key. But when everyone around starts buying, it really resembles the tulip bubble. There's still 20% to 30% downside before returning to reasonable valuation. The market is brutal - when an asset becomes common knowledge like a fairy tale, who's left to buy????
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