>>30294852
People put out their ideas as facts. Some of them are convincing, some are right, some are wrong. Most of the people opining on the market have a horse in a race. Like with this sell off, you are being sold a theory that the rally in bonds is over globally, and rates will have to be raised by the FED that misjudges the inflation that will lead to .com or housing bust. And it very well maybe the correct thesis. However, if you look at both of those busts and the fed funds behavior ahead of those busts, that theory is bullshit. There was a long string of fed funds hikes before the bubble burst. Now look at fed funds now, and tell me if this is not a bullshit theory. It may eventually work out, but not ahead of the FED change of policy, because all the real crashes had the FED actually raising rates to drain liquidity before the crash. Money flow is what makes stocks go up or down. That whole story that people push onto you with serious faces is bullshit. Why are they selling bullshit on TV?
That sort of analysis. Whatever those people claim, the theory they sell has implied consequences. If the theory claims something and the consequences don't check out, they are raiding or pumping. They are doing it to either buy from you at discount or sell to you at premium. There is no enforcement, no checking, no objective assessment of any claims those people make. It's on you to assess accuracy of the claim. Stock price is not a proof of anything. You have to figure out implications of a claim and check it for sanity. If it's a wrong claim and the "market" is accepting it on the face value take the opposite side of it. Also try to figure out what their scam is if the claim is bullshit. This is like detective work. You can still be wrong, but most of the criminals in this market just sucker punch and disappear with your money. Which I think is what you are seeing now.