Stock Live Trading P182: Too Much Complaining Harms Your Health

It's truly painful. The day before yesterday, I thought the U.S. stock market had peaked, so I sold all my U.S.-related holdings, keeping only defense and precious metals stocks. But yesterday, the U.S. market continued to surge wildly. Not only did I miss the rally by selling, but I also added more precious metals and defense stocks halfway up the hill.

This is just frustrating and illogical. Everyone knows the fundamentals of the U.S. market are far worse than before, yet it can still hit new highs. Isn't this as ridiculous as last April? Fundamentals are deteriorating, the stock market is climbing higher, the bubble is inflating, and in the end, won't it be the retail investors left holding the bag? I thought the U.S. market was in a bubble last April, and I still think it's in a bubble this year, but this bubble just keeps getting bigger.

Going long at this point is essentially playing with fire. I still believe gold can reach $7,000 or $8,000 in the future, and I still believe the defense sector is in a super cycle this year. I'm not afraid of this temporary pullback. I believe in the trend, and I believe I'm on the side of truth. Although the timing of this cycle is hard to predict—someone as brilliant as Newton could calculate the trajectory of celestial bodies but couldn't calculate the madness of human nature—we can at least infer that this is the final frenzy.

For example, Amazon definitely won't be able to rise much because its fundamentals have already deteriorated. If it's forcibly pulled up to its previous high, it certainly won't break through. That's why I said the day before yesterday was a good time to short Amazon. In a few months, it will definitely fall below $200. That's the ironclad reality.

So, let's not let excessive complaints harm our health; we should take a long-term view. Let's take another year as a cycle and see if I can recover significantly and whether the U.S. market will crash.