Dow Down 666 Points

stocks

#641

For those who have cash, prefer 1987.


#642

Single & penniless, hungering for woman. So didn’t bother with stock market or real estate. I’m a late bloomer.


#643

I am betting on 1987. Unless Trump is taken down…Then it is the 1970s again


#644

My bid at $500 :genie:

What about NVDA? The one who owned AI & anything future? My bid is at $100 :man_dancing:


#645

For those unaware or new to stock market.

A typical year has:
. Jan effect - 1st two weeks up because of tax
. Soft Feb
. Good rally into April
. May is the tricky month, and usually has a down draft that swoons into June
. Summer Rally in July with an Aug top because on vacation
. Bad patch in Sep/Oct
. Santa Rally begins in mid Nov to mid Dec into Jan

We’re in Feb :slight_smile:


#646

You wasted your money and energy on women in your youth that’s why you are poor now… :rofl:


#647

Wish or bet? I’m wishing for 1987. Steep & fast. Can be all-in to grab all those rock solid companies at ridiculously low price. 1994 is not good… prices probably didn’t drop much, may be 10-15% for rock solid companies… many are already there… so become sideways for the next 1-2 years… not good for accumulation.


#648

Yes… I’m sure prices will drop by 50% come Monday for y’all to buy your hearts out, and then rises back to normal the next day. 100% gain in one day. No brainer!!! :rofl:


#649

There is another positive trend going on in American economy that nobody seems to be talking about. Oil price is much higher now and with that a lot more investment will go into shale oil extraction. Rig count has been rising a lot lately.


#650

Exxon has seen it deepest drop ever…Time to buy?


#651

Sure. Why not. Yield is good at least.

Some conspiracy theories say that Saudis want to push up oil price for its Aramco IPO.


#652

AMZN hasn’t been at $500 for years. I don’t see it dropping below $950 even in a 2008 style crash.


#653

Nvda is nice, but not sure how long they can stay strong. Their product can be replaced easily by competitors.


#654

That means he ain’t buying any.


#655

More for me. :slight_smile:


#656

No more fear? Need to dig up some more scary articles. :smiling_imp:


#657

How do you figure? It’s billions to tool up a fab for production now. That makes it a lot harder to compete. There’s also been a lot of consolidation in the semi space. That means there’s less companies to compete against.


#658

BAGB talks theoretically without knowing the industry. So damn hard and expensive to build a fab. If it is so easy, with Apple scale, would have built one already.


#659

NVDA is a fabless semi. They are a design shop. Most of their manufacturing is done with TSMC


#660

Who do you think pays the bill for tooling? You should design a semi, then see how willing TSMC is to tool up a fab to make it for you.