I'm not really arguing against your point but wanted to mention that Netflix might be absorbed into another company (like Apple or Disney) before it crashes totally. I think whoever buys it will do it at a discount. I simply can't imagine anyone stupid enough to pay "full price" for Netflix. Then again, there's all sorts of financial shenanigans that happen on Wall Street so who knows how it will ultimately play out.
Agreed but I am damn sure that if netflix does go under, Apple will be the first to buy it. They are a perfect match. It could explain why I have avoided netflix or don't see the hype surrounding but I like to see how a company works.
Nasdaq Tech index is going to really be great to short. I have a pretty good idea of when it's going to happen. GS and banks rule the money supply. All the BS you read in the news is just smokes screen and only gives people the illusion that determines the SP but the banks control everything. They do that to control our lives. The same dickheads that CAUSED THE GFC WITH THE SAME WAY that caused the entire financial crisis to go ape shit is back again. CDOs(
Collateralized Debt Obligation
) which are just bad debts that no one wants but are classed as "assets".
I am going to call the 26th of July as the start of a major correction, because that is when amazon is releasing its reports AND the federal reserve is meeting for the interest rate,then another one in september and then one finally one in october; where we will enter into a bear market i.e. a so called recession and pretty soon everyone will go to war with each other. That'll force banks to raise interest rates which will cause more volatility and then a crash. All the corporate debt will be written off(lol) while us plebs will still have debt. Some how miraculously, the world will come out of a global financial crisis.
All that money will be transferred across through to bitcoin/cryptocurrency in the meantime. That's where that money went from Netflix went into and is being funnelled into right now
.