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Actually...I do have kids and real estate is the one thing I will bank on as an inheritance wealth keystone. We do currently have inflation and it may stay around longer term. And the countries that I have studied which have experienced this in a major longterm way have shown that residential...

Rick is letting us finally realize...that he was right all along. Once we finally start to gain true wisdom and show it here on the board...he will again speak to us.

I thought Univ Penn was canceled .. Someone is trying to make themselves relevant again and its just a sad display

Interest rates are high rn. They can only go lower from here. We are in for a long general bull market cycle.

and I think we've all been around long enough to see a pull back (major trend line broken) and close out some positions until the Fed steps in and lets us ride the zero risk again.

i dont think people here are saying that the AI or chip pump wont end...we are talking about the S&P. Were not even talking about NASDAQ. Interest rates are pretty high. They only direction they can go is Down.

its good to see this thread going. This thread is the cornerstone of ET. Since its inception Weve learned that the Fed will stop at nothing to keep the S&P at zero risk.

yea...I dont see it stopping anytime soon. There are no real hindrances. If you study inflation..its the last great equalizer. No one wants to hold dollars or savings ect.. every penny is converted into either real estate or stocks. And very robust real estate values are allowing people to buy...

I do believe that Qatar will be brought into the conflict against Israel. Not sure if will be military or financial. I just hope that our bases would stay safe in that country. If Israel turns toward financial warfare against Qatar...and starts a cease fire against Palestine..it would be a very...

What happens if the funds are traced directly to Qatar...do we sue Qatar? Maybe some of the funds are linked directly to Jordan? Qatar and Jordan are two of our last safe military bases in west asia. Maybe someone used accomplices in egypt. Silppery slope. How do we collect the lawsuit award...

AMA and the greed of Universities today...Its not a good look at all. Medicine and higher education is supposed to be above all this. lol...its far far below. Medical care and education should be basic human rights. Two of my doctors when into Big Pharma during covid and I could only replace...

I dont think the current market looks at charts the way a seasoned trader does. I think the market is different ..from covid going forward. Its more like the Dot com market. Anything with chips and AI. EV and all of Cathy's stuff pushed aside for now. Hot money and fomo and at that jazz. If it...

Its not so much about the scraping of EV...but rather, how very little Apple seemed to have accomplished. They first ventured into EV around 2017. They never even managed to produce a dash system communication-audio-video tie-up with any EV companies. I would have thought that should happen...

Jacob was very loyal to UK. The focus stayed in London. Now...a completely new direction toward USA. Brexit effects. UK prolly made a big mistake economically with Brexit. The privatization allows them to move the headquarters and the Corp address. They will prolly re-list eventually with a USA...

Its not really that long ago. And it ushered in and exposed how inept the Fed actually is. All those computer and internet stocks would have been incredible bargains after the crash and people would have started buying them for the eventual potential. But NO...the Fed needed to come in and drop...

I should put an addendum here. Im not bearish generally at all. Im pretty bullish on the S&P500. But the meme stuff getting outta hand here. Its unhealthy for a sound market. NVDA is a good company. But the fomo around linking companies to AI could get unhealthy until actual established AI...

Just Fcking Glorious

Meta has VR Ray Bans that dont look as bad

Indeed... I couldnt agree more. The dot com bubble had the same type of Ticker darlings that could do no wrong...until they crashed and burned to near zero

omg...The puts on this thing are going to be fcking GLORIOUS.