do you disagree ?
the other thing is that US sales are slowing dramatically and apple made the numbers by shipping huge numbers to china I think these are going to be sitting on shelves as china has far less people that can afford iphone so next quarter is going to be very bad imo that is why smart money is pumping with 1 hand and selling with the other..
I tried to warn you when it was at 130 now you see it at 125...
everyone is so in to this stock who is going to buy it when more than a few want OR ARE FORCED TO GET OUT ?
it's called saturation it's called hitting the wall
it's called inventory buildup
it's called everyone is all in so no one to buy when smart money wants out
thats what the article should say...
STM HAR FLEX
look I dare you ...
flex har stm look I dare you !
people on margin will get crushed by this it happened to me I learned my lesson about margin don't do it !
Everyone is a genious in a bull market but thats over imo !
FLEX STM HAR LOOK I DARE YOU !
and while it looks easy in a bull market it is deadly in a bear market...
yesterday Parker hannefin (PH) Jacobs Engineering tanked huge !
Check out WYNN this is the jet set this is the banking crowd this is the gamblers !
now wynn resorts is tanking huge WYNN this is the jet set this not good for GE !!
look I dare you !
this is you !
(WYNN) look at the magnitude of the fall....
the ones that are left that is..
(look at the magnitude of the drop WYNN)
It is 77.25 now I will reference this post and price to show you I know what I'm talking about..
one thing that causes them to be embarrassed is when their card is rejected in more and more places.
The purpose of having a fancy card for the rich is that it can be used in places where other cards are not rejected but for amex they demand such high fees from merchants that more and more of them are not accepting them. One thing the rich are keenly attuned to that is trendy things and when the trend changes they bail out in droves.. In the case of AMEX I think Costco has tipped the scales so enough of the wealthy are going to move to other cards due to the reasons I outlined above. If you think hard about what I am saying and how the wealthy act and behave you will see I am right and AXP will be in the 50's within 1 year IMO !
why is US steel down 10% today (X) ?
are these companies in the areas where GE is supposed to prosper ?