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OT - The Good
News
OT - Well, of course I'm curious to hear what other folks think
of the market meltdown - temporary hiccup or the beginning of the
end. I foolishly (in retrospect) put more funds into ISRG and ABT,
but it still has me wondering whether to buy more once there's some
sign of market stabilization, as I think that they, along with
NVDA, will do well, even though the PE's are somewhat
exorbitant.
The good news is - Intel put out a study that by 2028, revenues
from 5G entertainment will reach 1.3 trillion. And if that were
accurate, you've got to have the infrastructure to handle the
traffic. I will likely get some CIEN put to me on Friday, but I'm
in it for the long haul, as is the case with all 5g plays at the
moment.
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The market meltdown has been scarily fast. It looked like bulls
were trying re-assert themselves today, until the last hour.
Hopefully tomorrow.
"Trade wars are easy to win."
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Author:
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Jester
Debunker
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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10/11/18 at 3:02 PM CDT
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Jester,
With NVDA and ISRG at these levels, I'm tempted to add to the
positions. Maybe ABT is a candidate, too, but healthcare has held
up relatively well so far. One could easily be scared off from NVDA
and ISRG, given how much they've appreciated the past 2 years, and
tech with large PE's are probably the last thing a broker would
suggest buying. I've kept the rest of my powder dry. I'd hope to
see some moderation tomorrow, but with the market this skittish, I
do wonder whether people want to be holding something over the
weekend.
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Author:
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Jam
ok
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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10/11/18 at 4:24 PM CDT
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0
0
