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

To: ajtj99 who wrote (72768)10/21/2022 8:11:33 PM
From: Libbyt  Read Replies (2) | Respond to of 97611
 
If you wanted to be a buyer of NFLX stock, where would a chart show a good share price range to be a buyer? I no longer own NFLX, but at one time I held a large position in NFLX. I am thinking of once again owning NFLX. With the recent run up in share price, I will probably wait for a pull back to be a buyer. Any overall thoughts on the chart of NFLX? Thanks.



To: ajtj99 who wrote (72768)10/21/2022 9:41:21 PM
From: Lee Lichterman III4 Recommendations

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  Respond to of 97611
 
That's what they said in 2000 and by 2003, I think MSFT, AMZN, CSCO etc had a PE of 5 or 8, P/S was barely over 1 etc.

Also, keep in mind the recession hasn't even started yet. We have 3 trillion plus left to drain and rates still have a long way to go higher. A lot of tech sales are overseas and companies are already commenting on the currency impacts.


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