Thursday, October 23, 2014

Amazon cliff dives 10% in the AH

Amazon, whose crash I predicted long before it began and have been following over time, just printed a 3rd  wave in the after hours trade, down 10.6% as of now.  This party is just getting started.



Please listen Mark and Patsy, stocks have zero intrinsic value except for what you can get for them from the next greater fool.  But greater fools are drying up faster than Sao Paulo.

Folks, do you see any pattern here?  All the big companies are getting killed.  Confidence is about to run out of this con game called the stock markets.

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