How is your investment in Beverley Hills bankcorp doing skiidady/
You were saying the same thing about Chipotle last year skiidady, remember? Should I tell you about my near double in PKI?
All is well. Wrong way skiidady has shown up to pump.
Because Argentina defaults about every 4 or 5 years--not news. Anyone who lends money to Argentina is an idiot.
APRIL FOOLS! The funny thing is, Extreme believes it.
Its an April fools joke.
April fools.
And he is going to miss the rally to $100+
If the Chinese dumped their $1 trillion+ in dollar bonds and bough silver and gold, imagine the rally! $150/oz silver might be conservative!
And he is wrong about the decline being like 1980. Silver is basing, and will rally 40% soon.
Revenues had better beat. I doubt thet will given FDX warning.
A nasty precedent was set--deposits are at risk. We'll see if depositors in Spain, Italy, Slovenia etc. remain calm in the next week or two.
2 areas that could bring a correction in my opinion: Emerging markets fund selloff; bond/money market selloff/redemptions in Europe and elsewhere. I could be wrong, we'll see.
$120 could do it, maybe not $110 unless market has a bigger correction. I'm even more bearish on TROW. That could sell down to mid $50s.
Window dressing portfolios. Next week & month the real direction emerges. Dow & SP near all time high, but Amazon is still 10% below. Negative divergence.
Where have you been the last week? Sybil said you were wiped out in calls.
As far as Amazon goes, FDX warning was the tell. Expect weakness.