Ya know, ultimate visionary that I am... I wrote about this in 1996. College could be free. Or pretty damn close. That's when broadband was getting started. It really could be free. As could 5G. I say short the f'n cable companies. For real. A phone will be a hotspot and deliver everything you need. No one needs a coax. I digress... education.... that needs to be free. From welders up to engineers. It'll happen. Mark this post too.
vanzandt said: Ok so that call was right. It did come out of the gate pretty strong. 3317 on the top thank you very much. That was 90 points ago. Bfd. I'm not B1 here. Hmmm. all posts are subject to edit..... Will we close at 3300 on Friday at 4? Tough call. I would say that despite a 10% correction on the books already for tech.... the market gods are gonna teach the Robinhood mortals a serious lesson. Problem is.... lots of whales want in on tech. That's fine, but its a stock pickers market. Ya'll gotta be nimble. Paying for future earnings that are 70-100 years out... call me Hayseed.... but christ almighty... there is nothing new under the sun. Period. Case closed End of story.. Let tech bounce... and then short the f out of it and its 35X+ topline revenues with zero earnings. That or buy SNOW.... Metaphors are too funny. What happens to snow as..... whatever..... 88 trillion cars or mother earth shifts on its axis? Either way... SNOW melts. $307 tops on it. Mark this one too.
Exactly, and this was so well planned by the Democrats. Thus, a double-whammy for Trump to kill his election bid: 1) no new stimulus for the economy before the election 2) weak or declining stock market IMHO ... He's finished. Let's all prepare for our upcoming socialistic state under Biden.
What I'm guessing, the major US indexes will struggle to not go down, but bearish sentiment is too strong and will prevail. Not too far away, price will collapse with a long daily bar and the slide will accelerate from that point. I'm still of the mind a bounce coming in the very short term, maybe today, then underwater.
The bottom is now in on this pullback and we are headed higher, much much higher. I am looking for a barn burner today that would be bigger than the one Monday afternoon and then a continuation up.