Mo Mo's finally become No No's?

Momentum stocks, or "Mo Mo's", the ones supported by speculation alone, are finally taking a bath. Netflix has taken a 25% hit. These are the ones with the P/E Ratios in the triple digits. We Hope that they become real someday with a more normal P/E in the teens. "No No's" are expensive alleged easy hair removal machines that don't deliver. We don't care. Anything hs to be better than shaving.

N is the next letter in the alphabet from M, and the likely next progression as reality sets in that they will not become the next GOOG. They trouble is you can't put a timeline on when it will happen, or when the HLF becomes Horriblelife as Carl Icahn runs for the exits. Yeah, it's a pyramid scheme, but so what? It is one you can buy into. Witness the difficulty which Bill Akermann has had trying to impress that on regulators.

How about that Sotheby's indicator (BID) ? Turns out a bunch of folks were short. Then they released the story on CNBC. I assume they covered after that. The Rich get Richer. They are also calling for the heads of management on the board there to be responsible. Pick your glass house on the hill, and start throwing stones. Not much makes sense there, but who cares? They got the drop.

This isn't as much about sense as it is about nonsense. Battery cars... just add batteries (not included), solar in a cloudy world, biotech that may work, a silly game for your phone, GOOG or FB "may" buy it, and on and on. If one of them does hit, it will all be baked in. Just add Cake. This lovely icing an' stuff will be all ready for it. Work in Progress... Hyper Loop Poop. The windmill ain't turning today, but just wait! Anything has to be Better than paying for Dirty Stored Solar energy that works, including dirtier alternatives.

NASDAQ Craq. But the wheels fell off today for a bit. Eventually there will be another trip back to the dealer for some more as "people," or more accurately Pension fund managers,  buy the dip. No No's still garner more than 260 bucks. All its gotta do is work. Some other schmuck will buy it for 269...

This is all based on Promise... "If you like your Doctor, you can still keep your Doctor..." This is Promise 2.0. We know that it has a snowball's chance in Hell, but somebody has to have smuggled a fridge in there. Tell 'em what they want to hear. Blame Engineering and operations, those bastards! Yeah... With the kids running the candy store, everything is oh so Sweeet!

Oh, and did ya hear it is rigged? Who cares? We are all set to go Friggin' in the Riggin'!