So who are they going to wheel out this time to save the techs? Abby must be on crutches right now. Does Wall Street have any other heavy hitters coming up to bat to strike out. This is not a market my friends - this is a "friggin" casino. On top of it all, you've got a lame duck laughing stock sitting in the White House. You've got 2 other bozos running for his office. You've got a bozo Fed run by genomic candidates raising rates because of "supply imbalances" (what the hell that is is beyond me), but they couldn't foresee the supply imbalance of higher oil prices. However, they were able to foresee imbalances in every other crook and cranny in the economy - such B.S. You've got money bailing out of Europe & Japan chasing higher rates here, so of course their currencies are going to hurt. So is the Fed engineering a worldwide meltdown or recession and for what purpose. Somebody here going to explain it because I don't get it. Now you want to know why some 55% of the electorate don't vote. Because we've got political hacks and high brow economists trying to fine tune everything in our lives as opposed to the letting the market forces take care of things. Oh well - enough venting for the day.
When I see SDLI go down over 120 points in a 24 hour period of time from the highs of yesterday to the lows of today, and their earnings were stellar, their forecasts were raised, their growth and forward looking statements have nothing to do with NT, something is real fishy here folks. Something stinks like rotten salmon and it is the Street, the ANALysts who all talk with forked tongues, the MM's, etc. If anyone thinks it's a fair game, it is not. It's a take no prisoners, stab you in the back kind of game. Always has been. The SEC has a lot of cleaning up to do in
Wall Street - JMHO. That being said I'm here to play and SDLI is a screaming buy. Where the bottom for SDLI is - who knows but I'm buying down in here and will continue to average down.
Good luck all.
jmanvegas |
