print-icon
print-icon

Are you going to do IT again?

This article is so good
it's for premium members only.

Does that sound like you?

Already a member? Sign in.

PREMIUM

ONLY $30/MONTH

BILLED ANNUALLY OR $35 MONTHLY

All BASIC features, plus:

  • Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
  • Access to our Private X Account, The Market Ear analysis, and Newsquawk
  • Ad-Free Experience: Enjoy an uninterrupted browsing experience.
SELECT

PROFESSIONAL

ONLY $125/MONTH

BILLED ANNUALLY OR $150 MONTHLY

All PREMIUM features, plus:

  • Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
SELECT

Remember Druckenmiller and the dot.com bubble?

Markets are starting to feel a bit bubbly lately. The psychology is very complex here, and it will get even more complex. The panic to chase stuff is huge. Seasonality is strong and money is free.

First chart shows NDX longer term view on a log scale. Second chart shows the NDX 1999 vs now chart. Things can get much more extreme, but let's remind ourselves what one of the greatest traders ever did during the upside panic in 1999.

Want more of the news you won't get anywhere else?

Sign up now and get a curated daily recap of the most popular and important stories delivered right to your inbox.