Water is the new gold :)
Finally rallied today nicely--just the start imho.
"CAL is going to come knocking on CWCO's door soon". They'll be forced to--Brown announced MANDATORY 25% water conservation today for ALL of California. How about CWCO sending some people to CAL to talk to Brown?
Who built the plant? I know Poseidon built a plant in Carlsbad, but Poseidon is private. CWCO should enter the Calif. market in partnership with water-starved local counties.
One in Orange County, one in L.A. County, one in Ventura County and one in San Luis Obispo County. CWCO rockets to $25. Gov. Brown today announced mandatory 25% water conservation statewide as the drought intensifies.
Just a normal correction of the upmove. $130 may be the worst of it (still more than $100 above lows when the bull marlet started).
Sybil, why is NFLX up strongly today?
When politics & coffee mix, I sell.
And tech will probably see a bounce in gold & silver on the dollar countertrend correction.
Today's rally will probably be erased Thursday, maybe -150-200 points. Probably not more. Up-down volatility often seen at market tops, now increased by bot trading.
Come back by the end of April or early May, the SP500 will probably be below 1900.
Only fools are buying. Syb is right about that. 1200 down Thursday--probably not.