As you know I am not a gloom and doomer, but I do like history and as they say, history repeats. It will be interesting to see what happens this time.
There is one point that does worry me about AI, which would of course affect NVDA. I am not into AI at all, so I don't know much about it, but in my mind I cannot think of a single application for AI other than writing term papers for HS and college kids. I recently read an article that said the same thing. So if that is true where is the profit in AI. In fact that is the question, where does AI make anybody any money. That money that is being spend for computer systems is mind boogling. And I read that it takes a lot of money (electricity) to train your AI brain. There must be a plan, but I have no clue what it is, but I am not much of a visionary. I once said internet live streaming would never happen.
But you know me, I love dips, the big the better.
Trade the Charts and not the Heart - Expect the trend to continue until it doesn't - Realtime is the real deal
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.