Former prop trader in the 80’s and Treasury bond investor since early 90’s. Love films especially classic cinema from the 30’s onward. Avid WSJ, IBD, NYT reader
With the positive action this week and the resistance at 4200 in sight, I would wait for a decisive close under 3800 before taking any defensive action.
This is the largest multi-asset bubble in human history.
If you don't believe me, do your homework on other credit cycles.
The unraveling isn't going to be pleasant.
These countertrend rallies are gifts to raise cash and consider shorts where there's maximal froth.
@DWLundberg@LaurasMiscMovie Yup, and I’ve even rewatched films that I wasn’t thrilled with on the first viewing only to have them on my all time favorite list.
@Crisopera1 There was an article in The NY Times last week about a new study that showed that while gambling does increase dopamine levels it cannot change the brain the way alcohol and drugs can. Back to the craps table for me.
@Meiyubense Keep your eye on it. I got a hunch it won’t correct as much as $NVDA but will take out this current double top. There’s been a huge jump in institutional buying. Don’t hesitate to rebuy if it makes a new 52 week high.
@Crisopera1 It wasn’t that much of a stretch for Lemmon who admitted that he was an alcoholic at the time and so was Edwards. I was told that Lemmon attended AA meetings. I can’t confirm that but in my first year in GA 20 years ago one of the biggest actors walked into our meeting. He was
@NowVoyagerGuy Same with Casablanca (1942) Bergman thought it was just going to be another ordinary production while waiting for her big role to start in For Whom the Bell Tolls.
@LaurasMiscMovie Today’s WSJ had an article analyzing Cruise‘a running style. It concluded that the experts say he could run the 100 meter dash in 11.1 seconds. His style is good but at 61 I don’t think he has the stamina to keep the pace up for 100 meters.
@patrickcomack So why is it down almost 5% today and down for the entire year while a stock like $TOST is not making money and hitting new 52 week highs.