To The Moon

$Broadcom(AVGO)$ After five straight down days, the less experienced crowd went and bought puts again. Hock is probably laughing at the bears right now.

$Broadcom(AVGO)$ Buyers seem to be stepping in near the lower part of the recent range in a fairly methodical way, which does look somewhat encouraging.

$Broadcom(AVGO)$ I think this could bounce pretty hard this week ahead of earnings from all the tech companies investing in AI.

$Broadcom(AVGO)$  New people checking out the board and unusual activity for a weekend. Spartan, I see you. People looking for deals after that crazy sell off on tech names.

$Broadcom(AVGO)$ I am now confident there are at least 8 real AVGO bulls holding things down here. It does feel like there are a lot of bots around. That is 8 of us against what looks like an army of bears, bots, and professional FUD spreaders.

$SUPER MICRO COMPUTER INC(SMCI)$ A friend high up at Dell mentioned they are losing deals to Super Micro on price. Dell is still the 800lb gorilla, but they have been raising prices dramatically. Similar situation with $Broadcom(AVGO)$ , where customers are getting squeezed on VMware pricing. People can't switch to $Nutanix Inc.(NTNX)$  fast enough.

$Broadcom(AVGO)$ Bought 340c 11/20 contracts; light positions. Risk management in place. Discipline over emotions. NFA.

$Broadcom(AVGO)$  If AI was a bubble or consumers wanted to cut capex, how is NVDA barely wavering? They are getting far higher margins from hyperscalers than us while our chips deliver 70% cost savings. If customers had to cut capex, they would scale down on GPUs before us. Before the past quarter's earnings, NVDA was around 190-200. They gapped up on earnings while we gapped down. That just does not add up.

For a long-term investor, this is just an opportunity to add to a position. For anyone looking short term, nothing here is sustainable, so take gains when you have them and move on. I have to keep reminding myself of that. $Broadcom(AVGO)$ 

$Broadcom(AVGO)$ Added at 335. This will recover as sure as the sun coming up tomorrow. Don't know when, but patience will pay.