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Greedy G

03/09/24 9:18 AM

#8294 RE: Moonlazer #8292

~sure they have most of the power, but retail has some power too.

Imagine if civilians didn’t play the game period. That’s not something they want nor could they afford. Surely if they did something as sinister as that they’d have a lot of folks for decades unwilling to speculate in the stock market. I have older friends that don’t trade or invest in equities because they don’t trust it. Rather do real estate etc, because of other booms that went bust times and they just don’t understand it enough to get involved for example.

Anyway NVDA was scalding overbought on the RSI but not yet on the MFI. Less overbought now. I think it’ll run up past $1000 SP headed into their AI conference & pull some of the other semi conductor companies with it along with the overall market. It’s a bull market for the time being, with some corrections as you know baked in.
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cadillacdave

03/09/24 10:17 AM

#8302 RE: Moonlazer #8292

Good points, very well said!