Belief in the Easter Bunny, Peter Pan, Tinkerbell, the tooth fai ry & Amazon future earnings story may be similar. I leave Santa Claus out because he is real :)
You can get the stocks of the competitors for 1/100th the PE. If you believe hot air has value and believe in leprechans and faeries, I guess amazon is a hold as long as the momo continues. beware when the momo doesn't work.
Might be short term bearish for gold & silver, and bullish for dollar, but that would be a buy opportunity for gold & silver for the intermediate term.
Place your bets. I'd say a 50% chance of a small taper. I'm not sure if the market would sell off, though. Probably, but maybe taper is built in to expectations.
"3 stooges"- You mean yourself skiidady, along with GeeGee & the Nasdaq "groundhog'? Philjoel is "shemp", the 4th one, usually forgotten.
Another question--in several recent posts, you compare Amazon to Enron. How so? I see overvalue, but the company is honest, not like Enron.
If the U.S. collapses, where will China sell its surplus products? Still needs to develop more domestic demand, although that appears to be increasing. Also, are they willing to write off $1 trillion+ in U.S. bonds?
Gold, silver, grains....etc. Everyone hates them now. Doesn't mean they will rally, but it suggests that people are deeply under-invested there. If the mood changes, could have a commodity price spike, especially if dollar weakens.
Mr. B has a few more tricks left. How does a stock split sound?
With all the enormous money creation worldwide, gold & silver will sometime in 2014-15 stun to the upside. Tapering of quantitative easing may be a temporary downer.
3 months: AMZN $300, 6 months 250, 1 year $170: CMG 3 mo. $375, 6-$325: 12 mo-$250: NFLX: 3 mo $290: 6 mo $2225, 12 mon $95: Dow 3 mo 14,000; 6 mo 12,000: 12 mo. 9,000: SPX 3 mo 1450: 6 mo 1200: 12 mo. 950. Next year will be completely different than 2013.
1. Where will AMZN stock be in 3, 6 & 12 months?
2. Where will CMG be in 3, 6, 12 months?
3. Where will NFLX be in 3, 6, 12 months?
4. Where will the Dow Industrials be in 3, 6, 12 months?
5. Where will the SP500 be in 3, 6, 12 months?
6. Which stock will be the best performer over 3, 6, 12 months?
7. Which stock will be the worst performer over 3,6, 12 months?
Contest closes Dec. 31.
The worst thing that ever happened to me was being called "Stinky Jr." by the esteemed Mr. Skiidady--I cried for days and had to be treated for severe depression.
we are all manly men here. Babe magnets.
See my message. Skiidady is about to change your name to Stinky III. Woooooooooo-it should scare you.
Skiidady's worst insult is to call someone "Stinky"--to him it is even worse than calling someone a "T****y". Be careful Sybil, you don't want to incur the wrath of skiidady, do you?