>>20072674>Who is selling like this?The same money whomst bought it on the way up for the sole reason that the line was going up. If you want a technical term for this; tech stocks were goosed in to the stratosphere on the belief that the goosing in to said stratosphere would continue long enough to get a piece of that action.
If you have been here long enough you will have heard me and a couple anons refer to the Doom Bull market condition. The trick about the Doom Bull is that it doesn't take much to turn it about face in to a nose dive type maneuver. The Doom Bull thesis is essentially money goes in to the market on fake government numbers and hopes and dreams because there is nowhere else for it to go. This despite the fact that everyone knows damn well those numbers are bullshit, everything is bad and getting worse, globalists continue their mass migration policies which continues the boomer ponzi at the expense of all following generations and basically everything is fucked but the line goes up. Until it doesn't.