Monday, October 27, 2014 5:45:28 PM
Stupidly low volume, movement here doesn't matter until that changes.
Pretty boring so I'm keeping myself focused on my options plays. Markets seem like they want to squeeze one more record high until the bear market gets its claws on it and we enter a bear market period.
For people interested in market history:
We haven't had a slew of IPOs in a true emerging market for sometime now. As other investors have pointed out, it's a rarity to see it.
Dell was one example -
Date: 6/22/1988
Market Price - $8.50 after splits
Adjusted Price - $0.09 in today's money and prior to splits
It took almost 4 years for Dell to start to get seen as a market player. After all, in late 1988 no one expected the PC market to be what it became.
Dell peaked in 1998/1999
History is a great teacher.
My week day handle is "EngageFactor".
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