Amazing how a price fall sorts the best from the rest. The same...

Amazing how a price fall sorts the best from the rest. The same posters keep nailing it.

We've fallen into a cascading back-test of price in the pre-results vacuum. The retrace is telling me that price was insufficiently tested during the meteoric rise - too far, too fast. The price fall is not transmitting information on the fundamentals, because 2 week fundamentals are unchanged. Its deep, but In a couple of months I doubt it will matter.

Feeling ridiculously mellow ... which is a worry! Please don't bank on it because there is some risk, but I feel that events small and large are converging for a big jump and then large multi year returns. mTOR is THE space to be in, the market doesn't appreciate it yet.