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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (34991)	8/27/2021 12:31:03 PM
From: Jacob Snyder	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 97928

re BABA: do you think all 3 criteria are needed? 1. I will let the market decide; I have no idea where the bottom is. Since I think BABA deserves a PE equal to AMZN Message 33450689 I could buy today for a LTB&H. 2. Yes. The bottom, wherever it is, will be U-shaped. It will take time, probably 1-3 months, for a base to form. As long as we keep hitting new lows every month, I wait. 3. Won’t happen. Common Prosperity, meaning income redistribution, anti-monopolies, and internet regulation, is a policy the CCP is committed to. It will not change. We will eventually be able to quantify the risk. In addition, I expect the EU, and then the US, to imitate the CCP’s Common Prosperity values. I will buy AMZN when the US President does to Jeff Bezos what Xi did to Jack Ma.