I thought the whole market was a cult? Not much rationality in any of it.
Quote:
Originally Posted by sammyg2
Probable.
It's around 1600 now, if the stop loss kicks in tomorrow morning I''ll wait and buy again after the dust settles.
If not, I'll sit on it.
Long term there is too much millennial and unicorn money being dumped into the market, and that money LOVES tesla like a cult. Kids with their first real job and 401k, and if tesla makes a profit and gets into the S&P it'll be grabbed by more giant institutions. Legitimate.
Can't stay down long. They'll drive it to 2k.
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