good points,G,....
oh yeah, I forgot that one, the idea that Yellen is the most important person in finance... that was laughable.
All she is, is the spokesperson for the real power behind the game. Those really in control are probably names and groups unknown to the public, and the ones who are at or near the top of that food chain might have names like Rockefeller and rothschilde, and one can start from there. Yellen doesn't do anything but what they tell her to do and say. But still, if they are tellin yellen....to say this..then its for a real reason. Ive heard that the stock market system has been operating by computers since the last 30 years....not a recent phenomenon, though we only see it recently since the internet...but has been a gamed game for decades now. If that's the case, then there is no real price discovery, no way to know the real value of anything.
except that gold and silver have been money with retained value for 4000 years. and fiat paper tends to collapse after 50 or 100 years.
When you look at any chart,whether its a biotech that goes soaring up 500 % or a miner that collapses 95 %, so many of the chart pictures just don't Look real. PVCT is a good example.
The chart is just not real. the rocket blast to 6 dollars was not real. the crashing collapse down to 1.16 was not real. the slow rally to 3.70 WAS real. followed by the collapse down to 30 cents....unreal.
The true breakthrough advancements in disease cure, when they are real....that becomes real.
But when Adam F says they are not real the stock price goes crashing down again, and that's not real.
Its a ridiculous game.
But there is something worth seeing in a chart. somehow, the chart is a snap shot, a painted picture of what the share price has done. or has had done to it.
on some level, its what we have to work with. its what traders work with.
and so when Yellen, the spokesperson, says that the Biotech sector is overbought and probably needs to pullback (my words) .... it really might be necessary to take that as a real warning to be very careful. and not expect another year of soaring rallies ,just because the biotech sector made soaring rally the last 2 years.
It might be a spent fuel rod they want to cool off for a while.
for some reason. There will probably be some other bubble they will create that traders can jump into. The biotech sector has been a great ride these last 2 years. and youre right , some individual biotechs will continue to do great. I hope PVCT can be one of those.
But the big question is how do we find the good ones to invest in and recognize the uneasy ones that may not be so good now.
I used to rely on a newsletter. Now I am like a blind man,listening to birds chirping.
AI
