Bookkeeping: Adding to Mastercard (MA)

I want to highlight Mastercard (MA) to show you a chart that represented how stocks used to trade pre quant hedge fund dominance. Today, in most cases, bottoms seem to happen instantly, out of thin air, and in V shapes - so you have no chance to catch the "turn". After a stock gets beaten down for a few weeks, it culminates in a down 8% day, and then the next day it's up 11% and on its way to a run in the other direction. There is no "bottom formed", just a pin point bottom and complete 180 degree change of direction. There is no way to use charts to catch that but that is how trading has seemed to evolve over the past year and especially the past two quarters. Complete random, bipolar changes in direction without warning. If you are 5 days early you can lose 25-30% of your capital. Hence "old fashioned" rules are thrown out the window.

Now let's compare tha...