Archive | September 10, 2016

Thanksgiving 2016 Is Coming — The Turkeys Are Getting Ready.

by Anura Guruge

Click pictures to ENLARGE.

With my Nikon P900.

Attribution WILL be enforced.

We have a lot of turkeys around here — with and without feathers. These, for a change, were not in our yard or on our road. I think the dogs have done a good job letting them know that if they are on their yard they will be chased. These were a few miles away. I took the Jaguar for a spin. If you look at the post you can see the turkeys behind the car,

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by Anura Guruge

Though A Shareholder I Was Very Glad To See Amazon Shares Plunge $24 (3%) Today!

by Anura Guruge


Friday, September 9, 2016 AMZN chart from “”. Click to ENLARGE and study.


Amazon’s 3% drop wasn’t that bad relative to the markets. I EXPECTED the markets to be down on Friday — ahead of the 9/11 anniversary. Wall Street does not forget. Too close to home. Click to ENLARGE.

5-day and 3 month charts for Amazon (from “”, of course).


6-month chart highlighting the stupidity of those that panicked and sold. I told YOU it was a mistake. I didn’t buy AMZN that day BUT I did buy some other FANG ‘like’ stocks such as CRM.

Ten years ago I would have been distraught. Panicking. Worried that I was going to lose ‘everything’.

‘Today’ (i.e., Friday) I paid the plunge scant attention!

We needed a pullback.

AMZN had gone up too much at the start of the week. See 5-day chart. That was just irrational exuberance following the Labor Day holiday. There was no real concrete news or results to warrant the $15 rise on Tuesday. That AMZN was going to sell cars was NOT new. I had given you the heads up.

This pullback puts the price in the RIGHT RANGE for now. Over the last 18 months I have got to know this puppy quite well. I have to. I have no choice. My life, quite literally, depends on it. {SMILE}

So just a word of assurance to those who may be upset this weekend that their AMZN tanked. It will hit $800 in the next month — ahead of the results. {SMILE}

After the results it could see $900 before year end.

So relax. I told you NOT to panic during BREXIT. I was right. All the pundits were wrong. {SMILE} Getting old has SOME advantages.

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by Anura Guruge

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