What if the first one happens and second one does not happen? i.e., retest will happen, but Cloud stocks won’t come down at that discount level?
See when stocks are down 2.5%, all your cloud stocks are green. The same will happen at retest or even down more !
Second, if market is at current stage - forever - we have to be happy, celebrate and enjoy. When this time goes down, it is beyond control level and long duration for recovery.
Remember the 80+ old man did not buy at 30% bottom,but cashed in ! He would do the same this qtr also ! He understands deep 10+ years ahead with his experience level. Analysts can write anything (nonsense) about him, wrong or out of date etc, but he is really master minded person.
BTW: Team ignore this comment if you do not like it.