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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (134580)	7/14/2017 12:17:19 AM
From: John Pitera	Read Replies (3) \| Respond to of 220562

Liquidity is leaving the aggregate system..... seasoned observers believe we have macro distribution of stocks going on. We have to see what the foreign central banks actually do. As well, as see how much or how little the US congress is capable of doing or not doing..... A bunch of the GPU's that NVDA, AMD etc have been making have been going into cryptocurrency mining. If Crypto currency mining goes into a freeze... you pull demand for GPU's on the margin out of the sales revenues of NVDA, AMD and others.. with a stock like NVDA the debate is whether you are looking at 2019 or 2020 projected earnings to get to a PE multiple of 33. and Donald Wennerstrom's Semiconductor thread ...I believe feels that the Semiconductor cycle is at peak earnings... which I can believe... I have a guy I have know for 40 years who is a complete believer in NVDA's future.... but does not and will never understand that a technologies capabilities and the valuation placed on it are two different stories. NVDA is a great company to own.... I am just about positive we get a huge buying opportunity at 70 ish on the coming market correction/ 7th year decennial cycle panic.... in the next 4 months. John