Tuesday, October 10, 2006
I am seeing a lot of buying in select internet names, on the heels of YouTube selling out to the Googsters. Stocks like KNOT, DIET, RATE, ADAM and QPSA are on fucking fire. I guess the speculation is that YHOO is going to make an acquisition to prevent their fucking death spiral from happening. Seriously, YHOO is the new AOL.
Also, since oil is going down the drain, retailers are incredibly strong. With my money, I like WFMI, despite killer spinach, and PTRY.
All in all, the market looks fantastic. However, I must admit feeling this way, right before previous potfolio annihlilations. So, with that being said, I always consider a bull market suspect, until I cash in my chips.
NOTE: One of my biggest dogs, ERS, had a huge move today. Considering the massive short position, I think its worth keeping on the radar.
AA reported a miss. They suck.
VOXX missed big.
LM guides lower
Broker you still didn't tell whats it all about ?
If you want, I can speak randomly too. As far as I know-- "it" looks like a clean break to whatever price it may want to go to.
Considering, I am in much lower, this time I ride for free.
If you do that, then you can't or won't lose.
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