Quote:
Originally Posted by QuelleHeureEstIl
When Easter holidays are over and China/HK reopens, we could go back to bull...
Remember that making 100USD is a big amount in many highly populated countries. And as long as there is the believe that someone stupider/greedier will buy for a higher price, this could go on for a long time.
Markets can stay irrational longer than you can stay solvent. => Markets can stay irrational longer than your patience to acquire a watch at MSRP.
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Yes yes yes..what drove the dip was china/hk lockdown; not Ukraine/russia, US inflation.
Supply will never outstrip demand. And once china opens up, be prepared for demand and prices to surge again..
Remember, there are many, many, many rich people out there..