Special to Bettina Network Journal, inc.– May 31, 2024
It is amazing to “trade the market.” If you are an investor you have reached the wrong place. We are traders and probably don’t know what we are doing, but as long as we increase our money – what difference does it make? The bottom line is what counts. Our great leader thinks we are crazy, but then it won’t be the first time we accrued that reputation.
It is hard to make money if you don’t go the way of AI (Artificial Intelligence) – so here we go.
Today we bought Dell Technologies! Its identifier is DELL if you want to look it up.
Day before Yesterday, it was selling for about $168-$173 and as we sat and looked at the trades we read a bit and discovered it was the day its earnings were going to hit and everyone was expecting DELL to go up and have a bit of a rally. That didn’t sit well with us because we thought – “NVIDIA isn’t going to want that kind of competition.” And, while DELL is important in the AI world with all of the upgoing that was happening, this one would tank. And yesterday, tank it did. From about $173 to $139 in practically minutes. My god what happened to those who lost all of that money so fast.
One thing we discovered in the market. You can’t think of money as being important. Today you are flush tomorrow you are broke and you have to be able to go your way and keep your life going. Forget the urge to vomit once you’ve lost that kind of money so fast.
We didn’t puke, we decided to wait and buy at what we think is the bottom of this move so buying at $140 with 100 shares and then 1,000 shares we will start a phone bank and call friends to tell them to buy DELL.
Well, our leader interjected, maybe that is not such a great idea. Maybe you should think that over.
Thinking is not one of our strong suits. We will just sit here and dream about all the things we are going to spend the money on when DELL makes it move up as furiously as it made that move down. We thought about praying, but we don’t want to get God involved in this bit of greed. We will just THINK DELL’s move up.
Maybe you can help by doing a bit of research to see if this is a good idea or not. We discovered DELL was founded in Round Rock, Texas! Anything which was seeded in Texas has got to be good and move to make the Texas cowboy predecessors proud. Isn’t that one reason why ELON MUSK is moving Tesla’s headquarters to Texas?
DELL is rumored to be a company through which AI chips must pass. We don’t know what that means, but it sounds good.
Let us know what you find about DELL. We can still buy after the official close of the stock market so we are going to pull out all of our money and put it into DELL. If we go completely broke, we hope you will drop dimes into the cup you see us holding as we stand on the corner where the red light makes cars stop.
More to come!
Everything in the market today is about AI – WHY! WHY! Aren’t typewriters good enough for you people!
