• PowerCrazy@lemmy.ml
      link
      fedilink
      English
      arrow-up
      2
      ·
      6 days ago

      daily 2% drops, and gains, are part of the natural perturbations of literally every stock on every market, everyday.

      • Pup Biru@aussie.zone
        link
        fedilink
        English
        arrow-up
        2
        ·
        6 days ago

        both things are true: a bursting of the bubble always starts with a completely normal looking dip that doesn’t stop. everyone knows it’s a bubble, so if enough people get spooked it’ll keep going as people scramble to exit

      • An Original Thought@lemmy.ml
        link
        fedilink
        arrow-up
        1
        ·
        6 days ago

        Indeed, but this is a known bubble, and with the Burry Billion shorts I suspect he knows or suspects something that’s going to bring things to a head soon.

        • PowerCrazy@lemmy.ml
          link
          fedilink
          English
          arrow-up
          2
          ·
          6 days ago

          Perhaps. I do agree with you that AI is a bubble. But if anyone could reliably “time” the bubble they wouldn’t be talking about it on nbcnews.