$Vertiv Holdings (VRT.US)$ not that it's going to make a dam...
$Vertiv Holdings(VRT.US$ not that it's going to make a damn bit of difference but the CEO is on Fox Business right now
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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Salmon Klein : this is looking real bad mister...someone has decided to unplug the plug in the market...no sure if this is normal in July...???
10baggerbamm OP Salmon Klein : it all started a week ago Monday when Biden said he was going to impose limitations on what tech companies can sell to China and then it rolled over to Wednesday time on semi had a great quarter but president Trump made a statement that if Taiwan wants protection they're going to have to pay and that's when the bottom just began to fall out and hasn't stopped yet
Salmon Klein 10baggerbamm OP : is there an end any time soon, or is it going to have continuation over weeks? I am losing 12% of my portfolio in 2 weeks and I am not happy with it as you may imagine
10baggerbamm OP Salmon Klein : you're asking a question that nobody hasn't answered to I don't I'm getting hammered I mean it's brutal this is probably the worst in a decade for me right now. I think the key is going to be looking at what happens to KLA 10 core on the open tomorrow it's up now are they going to make it negative too you know IBM which really isn't a tech company like you know the magnificent seven it's up are they going to take that negative you know look at the companies that are tech oriented that are coming out with earnings now service now is up 40 points or so what's going to happen to that tomorrow I think that's what you need to look at because you know they took Google down and Google beat it was just ad revenue that they found a little kink in the arm with and they butchered it
102379107 : IBM beat earnings. The market has to internalise some positive news somehow right.
10baggerbamm OP 102379107 : the bigger issue is margin calls are going to be coming in today tomorrow the balance of the week and it's going to wreak havoc