Posted on 05/09/2022 9:13:02 AM PDT by Signalman
QQQ peaked near $405 a share about six months ago.
It has bounced off $298 a share a couple times today.
Bitcoin is also approaching a critical resistance point near $31,000.
Bitcoin powered above $31,000 about 18 months ago and peaked near $65,000 about six months ago.
Bitcoin has tested the $31,000 floor six times, and survived all six tests.
If it crashes through $31,000, there is very little buyer support underneath until hits $10,000.
If you are young then riding it out makes sense.
If you are within five years of retirement now is the time to bail.
Possibly..............
Well, so much for my 401Ks, looks like I’ll be working for a few more years....
This means my AMD stock will go from $86 to $60.
Was at $162 in early Dec 2021 and $120 as recently as end of March 2022..... If all sold tomorrow then maybe I buy more back at $60.
S&P Futures, Dow Futures, Nasdaq Futures, Russell 2000 Futures are all up slightly in the green after hours. Under 1%.
#15 Are you bumping off relatives ?
Kinda like this guy:
Kind Hearts and Coronets - 1949
https://www.imdb.com/title/tt0041546/?ref_=nm_flmg_act_59
Trailer of the movie:
https://www.youtube.com/watch?v=lTOeAGSV5Ro
Quote: Good. I have some cash lying in wait and will soon be getting a small inheritance. I was lucky enough to be in the same situation right as the COVID market pants pooping happened. It turned out very lucrative. Buy low, sell high.
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