CantorTechnologies

AMZN still a RAGING BEAR!

Kort
NASDAQ:AMZN   Amazon.com
Hello,

Long time no see. I missed you all.

Same chart with a new target. PE ratio about 100 now, so only slightly insane compared to when I advised my dad to sell at the 300 PE at $1850.

AMZN is extremely bearish. The stock market is extremely bearish broadly. Look at the moving averages. This baby is poised for a bear market. Stay the hell away from AMZN and the stock market.

Ray Dalio released a new book (actually three books in one casing), I would recommend buying it. It's about debt crises, inflationary depressions, deflationary depressions etc. You'll learn a lot and we are about to experience what he's talking about in those books in the coming years. Would behoove oneself to be ahead of the curve.

I'm not kidding when I say I'm prepared to leave the country. :)

-YoungShkreli

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