did you even read my posts?? we started shorting FB at $185.00 it fell to $149, we may have or may have not taken profits. we are willing to stay short to about $200. if it goes higher we will add to our short because interest rates haven't even begun to change the landscape yet. just wait. the strong dollar is going start impacting earnings for many stocks as well as wage increases. all these buybacks from companies might be good now, but will come home to roost soon enough. TSLA is a short. CMG is definitely a short above $425-$450. GE we are thinking it goes to singe digits, IBM might be worth a short but that ship may have sailed plus we don't want to pay their dividend. People do not fully realize the costs that are going to be mounting up for Facebook. I deleted all 7 accounts (yes 7 I had pages made as well) and I don't miss the site one bit, back to real world, the trend is growing and that is why faceook is getting into VR and other crap. we are taking a very close look at buying shares in PG, CL, T, VZ, and a few others. I haven't even mentioned regulation coming for AMZN, GOOG, and FAcebook or the tariffs, or rising oil, or rising housing, or rising debt, or trade war, or college student loan debt. YOu will see some serious pain in the markets if Treasuries rise to 4% and Fed hikes 2-5 more times from now through 2019. its going to be fun FB has to waste $9 billion on a stock buyback. IMO there is no reason to buy FB, GOOG, AAPL, TSLA, or AMZN at these levels. I have so many better stock personally that will outperform them from here on out as interest rates rise. An entire generation has never been through rising interest rate world and if they have credit card debt or are trying to buy a new home, they are in for harsh reality. Anyways, I digress and I and (our private firm) are going to make a killing over the next 2-4 years. I started accumulating cash about 12-18 months ago because a recession is on the horizon no matter what any pundit says. Saudi Aramco wants to push oil to $80-$90 a barrel so they can go public, literally steal a bunch of cash bc their reserves are drying up and the US will see huge increase in price of gas which will hamper spending, could I be wrong, sure, but a 9 year bull market has to end eventually, and it just may have topped out in January.
good luck
-NEB
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