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This work is pretty straightforward but for the younger demo it could be both confusing

and terrifying and tonight I'm going to change that. Tonight I'm giving younger

investors my handbook of what did just fine as it is tape and why those stocks

would keep winning along with why the stocks that are melting down will likely

keep melting down until they merge or traded at levels too low to be believed

or for something that makes the selling stop. I dare not know what that be.

I say this is a market for grizzled veterans because if a company's only been publicly

traded for say let's be arbitrary a dozen years it's supposed to be getting

crushed right now. These modern stocks have become what we call in the

business sources of funds. And that's what drove today's sell off.

Sources of funds. It includes many stocks in the NASDAQ where it got really ugly

today. There are so many of them and they've become untouchable for now.

Even if the underlying companies are doing well and we've got two on tonight

that they are doing very well. The stocks have become so awful that by the end of

the day the advantage should drag down nearly everything. Of course not just

the NASDAQ if you're the semiconductor business. The chip business and your

...