Making fun of Tom Lee signals the bottom.

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    Posted by Common_Arm_9348

    36 Comments

    1. He serves a purpose, the same purpose when you scream get the ‘gimp’ to keep the good times rolling…

    2. So what exactly happened that everyone is going to do something else with cash than investing in stocks ?

      Correction is completely fine. Little panic would do great for my portfolio as well

    3. Daily_Heroin_User on

      I’ve been waiting on the shoe to drop with crypto for a while now. It’s not AI that everybody is jerking off to, and the whole Web 3.0 thing hasn’t materialized. On the contrary, there’s been even more power concentrated into the same few tech companies rather than decentralization.

      Plus nobody uses it for anything except the black market and the greater fool theory. Bitcoin is so shitty as a currency that it had to rebrand itself as “digital gold.”

    4. 2 months ago all the fast money jerks parading BTC….today they were all backtracking claiming there is no intrinsic value, just a trading , momo vehicle… Bunch of kramer type shrills

    5. I saw his interview on a crypto podcast a few days ago and at intro his credentials were good (long time analyst, has some good calls, fund manager) then he started saying UMich inflation survey is not trustable because they are biased (it’s one of the good source, it’s not the only factor, and in general surveys are not always right statistically), so towards end most of his responses became binary and very prediction heavy (without any backing up), I thought that’s a little sus (especially given his conflict of interest)

    6. I think all his calls were based on high likelihood of Fed cut in December, which now looks like not gonna happen so the bottom is still far!

    7. You don’t listen to Tom Lee….listen to Fundstrat’s technical analyst Mark Newton…he is much better with his calls

      He has been saying that going into November and around the middle of November will be very volatile with a pullback….just search on YouTube for his videos and watch any of the interviews he did in late october

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