To: Chip McVickar who wrote (10698 ) 12/12/2020 11:28:33 AM From: Kirk © Respond to of 26921 Hi Chip With so much liquidity with no end in sight from central bank money printing, it is hard to "fight the fed" other than just have some cash available if there is a decline. To get an idea of the liquidity... look at how much was raised this week for two companies that don't make money. One relies on desperate restaurants to sell food delivered by drivers desperate to earn money to pay rent... then compare that to the biggest IPO in history in 1999, 21 years ago: Agilent Timeline: agilent.com HP announces strategic realignment to create an independent measurement company composed of test and measurement components, chemical analysis and medical businesses, and a computing and imaging company that includes all of HP’s computing, printing and imaging businesses. Agilent Technologies, the name of the new measurement company, is announced at historic brand-identity launch event in San Jose, Calif., announced by Agilent President and Chief Executive Officer Ned Barnholt. Initial public stock offering on Nov. 18, 1999, raises $2.1 billion and breaks records as the largest IPO in Silicon Valley history . Release of Agilent’s optical mouse sensor eliminates need for mouse pads, and allows for creation of a more precise and longer lasting computer mouse. Interesting they highlight the mouse. I sat about 8 desks from the project manager for that. Recent IPOsAirbnb prices IPO at $68 per share, will raise $3.5 billion Airbnb IPO raises at least $3.5 billion, challenging DoorDash DASH, -5.91% , which began trading Wednesday morning, and Snowflake Inc., both of which raised $3.36 billion before overallotments and private placements, according to PWC data. 3 days ago amazing