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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Fintas who wrote (6539)1/9/2019 11:23:11 AM
From: Kirk ©  Read Replies (1) | Respond to of 26788
 
Thanks.
Re the STOCK. I am expecting a 1134 and probably LOWER. But that 1134 would be a nice canary buy.
I might consider it on a fat pitch... 1134 is still above the yellow open gap.

I certainly send a lot of money Amazon's way... it is so convenient AND I get great value watching Amazon Prime while HBO and DISH play hardball and I can only get HBO now on Prime... I'd prefer to get 4K movies and shows on Dish so I can watch without using data on my internet connection.

Anyway, Prime TV is really good... when I left tech 20 yrs ago I knew content would be important... used my newsletter and investing discussion as content for the defunct site... and had 20% of the traffic... so Bezos is on the right track providing content as well as physical things to buy... sell them all at break even where much like the Costco Model, you make the profits on the annual fee to belong.

It is SO LARGE too... that I find it more rewarding to trade/buy the smaller stocks... even GE now probably has more reward per unit risk.