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Senior Advisor

never say never

I guess.

It's a truism that I have generally thought ironclad that the NASDAQ always fills downside gaps, which is kinda duh because the index was recently at all time highs. But I woulda bet heavily it would never fill the upper gap from Feb.

Hasn't yet, but trying. Some big techs like AMZN and NFLX are benefitting from the crisis but I still have to believe there will be a sharp setback in aggregate earnings.

Even before the crisis, valuations were historically stretched and this requires some real stretching. But the thinking goes that in a world where interest rates are 0 forever, anything that makes any money is worth anything.

History says that isn't so but this is sort of without precedent.

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Senior Advisor

Re: never say never

Far from any technical confirmation but looks like da boyz who got caught with their knickers down around their ankles when the "don't fight the Fed" rally collapsed got a chance to unload that crap on widows and orphans.

If you look at the Dow as opposed to the Nasdaq (SP5 in between) it looks like the same 50% bounce after the initial crash in '29.

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Senior Advisor

Re: never say never

Virtually nobody believes in a V shaped recovery any longer.

Objectively speaking, this is much worse than the GFC where stocks fell sharply. But that one was very finance centric and in this case the Fed moved quickly to stop an immediate financial crisis.

But I'm still having a hard time thinking that stock valuations won't adjust to the reality of many quarters of double digit unemployment and maybe more until GDP gets back to Q4 '19 levels.

For now, about half of the unemployed are getting UEI and there are the stimulus checks.

Jerry says that won't be sufficient.

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Senior Advisor

Re: never say never

Lo and behold, almost closed the gap in the Q, but fading back now.

Da boyz ramped the futures yesterday to get a strong opening.

We do have a potential 5 of 5 of 5 of 5 completed top, but absolutely no confirmation.

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4 Must-Have Features When Shopping For an Email Database System

Clients often ask me what email database system to buy. So many head-spinning choices exist, it gets pretty confusing!

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(1) AUTORESPONDERS. Autoresponders are a non-negotiable tool for serious internet marketers. They are automatic emails triggered when a person registers for something on your website. Automating your marketing follow-up by using these autoresponders will save you time, money and keep your leads "warm." NOTE: As of Dec. 2009, Constant Contact allows for only ONE autoreponder. You'll need more than one if you want to run multiple campaigns.

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During my 10+ years of working with CRMs, shopping carts and email systems, I've personally used Constant Contact, 1Shopping Cart, Infusionsoft, Campaigner, Salesforce, Sugar CRM, iContact, Exact Target, Aweber and Zen Cart. In my opinion, for serious small business internet marketers, InfusionSoft is the best.

It's important to note that InfusionSoft is more expensive and involves more work to implement. If InfusionSoft isn't in the budget, my second choice is 1ShoppingCart for its all-in-one shopping cart, autoresponder, split testing and affiliate modules. No system is 100% perfect, and no matter what you choose, there is always a bit of a learning curve.

IMPORTANT NOTE

As an internet marketer, I've worked with handfuls of web designers on hundreds of websites for my clients. Just because someone knows how to build a website does not mean (s)he understands internet marketing and email campaigns. I've met many web designers who've never even run an internet marketing campaign.

These well-meaning web designers may suggest different shopping carts and email databases to integrate with your website, but these systems may not be suitable for a serious internet marketer. Test your web designer's suggestions against #1-4 above. Remember, the best systems have a help desk. Call them and ask them directly about #1-4 above BEFORE you buy.

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