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Typical middle class American isn't a systems engineer. Also, no offense, but the political establishment prefers to reward immigrants. I don't know your story, but I do know politics.
Describe the profile of the most discriminated American today, please. I'm super curious.
VC
Our situation puts me at an economical and philosophical crossroads. Economically, none of us works for a poor person/institution. Philosophically, if elites continue to bleed the middle class, it'll have no one to purchase the products it creates or the services it hordes. This tells me that we will see a currency crisis in the form of a currency takeover. Precious metals? The Yuan? Not sure, but watch currency volume, imo.
VC
So, what you are saying is that the middle class isn't participating in this market? Interesting. A colleague walked into my office today and stated (and asked), "My quarterly report was down 4%. What do I do?"
So, the middle class (lemmings- we have no choice, right?) is beholden to the 1%'s whims. What is the whim of the 1%? Greed or capital preservation?
VC
Herd mentality. In both directions. And, because of herd mentality, we have this overly inflated market value and, eventually, a crash of major historical proportions.
VC
Higher prices? Because that's what looks like is going to happen.
VC
That is so true- thanks for the reminder. I rode UHPIX from 12.37 to 22 and some change. Look at that chart. Looks like it broke down 5 trading days ago.
VC
You sound as if you are describing me today...
Makes me wonder WTF I am thinking (or not thinking). Honestly, it feels like collective mind control. No conspiracy. Just honest feelings.
VC
What indicator do we watch that will foretell a market dive? Thanks.
VC
Slowly? If that were the case, then they'd raise .25% now. Ass from elbow anyone?
VC
They're going to sink the ship eventually. All of this chaos based upon an f-ing .25% hike! Imagine when the Fed actually raises the rate. Sad.
VC
Another sad day for every day Americans. Unless, of course, you aren't paying attention. sigh.
VC
Pumpers pumped. Pumpers sold. Nothing more. Very script.
VC
QE-Qinfinity never reached the middle class. What happens when the dollar collapses and banks are holding all of those dollars? A re-balance of sorts, I guess...
VC
Good luck with that. You'll need someone with whom to barter.
VC
We're on the precipice of really difficult times. Your neighbors will need you and you, them.
VC
Glad I dumped my mortgage with them.
VC
$9.80 is the 2-day low. I'd be surprised if we see 8's, let alone, low 9's.
VC
No parabolic move happening. Flipper's paradise.
VC
Just drawing two dichotomies. Most stocks that lose nearly 50% in such a period time are just that- scams. Given the recent move from $30 in July, I think $15 is a reasonable market for the stock. $10 is overzealous shorting. Nice money, though, if one shorted from $30...
VC
I didn't hear "scam". I heard calm, positive, continue the business model language. I think shorts piled on and a cover is in store for the stock.
AIMO
VC
Given the situation and short-covering, I think it's safe to see a range of $9-$16 this week. No further collapse and lots of upside, imo.
VC
Listening to the CC. No change to Cologuard, no change to business plan. Only change the product language and re-submit. Looks WAY OVERSOLD and an OVER-REACTION.
VC
Link? Thanks.
VC
How about $10.01? lol, jk
VC
Was supposed to be 12's by now. Yesterday's pumpers = today's sellers.
VC
When is the so-called parabolic move going to happen?
VC
Pumpers getting out now. Beware to newbies.
VC
So, you guys loaded up in the 5's only to sell in the 8's. There is no parabolic move here. I thought it was possible as well, but it's not in the cards or the company's plans.
VC
Miners about to march or just a little relief today?
VC
If such bullish sentiment here, why is no one hitting the 7's? LOL.
VC
Ditto.
VC
Agreed. Lost 90%.
VC
Was Friday the beginning of a new upward trend or an opportunity for investors to exit the market?
VC
Gog and Magog...
VC
Fantastic!
VC
Thanks, T_C. About half of the premium is already paid!
VC
My purchase was impeccably timed. Thanks for everything, JCM and others!
VC
Good luck. At least I made some money here, lol!
VC