Tuesday, March 20, 2007
Position Updates: ADBE, LNN
Tonight ADBE reports earnings. I like ADBE going into earnings and would buy the stock, if I felt like doing it. Unfortunately, I am somewhat tired of making money and will refrain buying anymore.
Tomorrow morning LNN is reporting. I am uber confident they will fucking blow the doors off the estimate. They sell irrigation equipment to the oil fuckers, for Christ's sake.
I am content, long ADBE and LNN.
Tomorrow morning LNN is reporting. I am uber confident they will fucking blow the doors off the estimate. They sell irrigation equipment to the oil fuckers, for Christ's sake.
I am content, long ADBE and LNN.
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Broker, I think Robert Kiyosaki is deserving of one of your Asshat awards. Here are some recent pearls of wisdom from "The Slow Motion Stock Market Crash"
http://finance.yahoo.com/expert/article/richricher/26878
1) "in 2002, I discussed a looming stock market crash. Ironically, much of what I predicted in the book is coming true earlier than I expected." Uh right. 5 years later, and we are down, what, 2%?
2) "So how can I say that the market is crashing even if it continues to go up? To see the true crash, educated investors need to compare apples to oranges, not apples to apples." I think this is some kind of Confucian wisdom that went over my head
3) "If prices go up without a corresponding increase in value, it means the value of the asset has actually gone down." This must be some kind of parallel universe thinking. I have yet to find the value of my porfolio move in opposite direction to the prices which make it up.
http://finance.yahoo.com/expert/article/richricher/26878
1) "in 2002, I discussed a looming stock market crash. Ironically, much of what I predicted in the book is coming true earlier than I expected." Uh right. 5 years later, and we are down, what, 2%?
2) "So how can I say that the market is crashing even if it continues to go up? To see the true crash, educated investors need to compare apples to oranges, not apples to apples." I think this is some kind of Confucian wisdom that went over my head
3) "If prices go up without a corresponding increase in value, it means the value of the asset has actually gone down." This must be some kind of parallel universe thinking. I have yet to find the value of my porfolio move in opposite direction to the prices which make it up.
ADBE has been a range bound stock for months. Looks like it is attempting to break out again. Great products but a yawner stock.
PALM turning into an interesting story. You still tracking them? Blackberry is here (RIMM coming out with new stuff soon) ... iPhone around the corner ... and PALM up for sale? The timing is interesting. I'm surprised PALM wasn't taken over in January. Too late to buy some calls?
U're on. I bet RIMM will see 90. It could take 3 weeks, 3 months, 3 years, 3 decades but it will see 90.
Check out the You Tube Video at: jsmineset.com where Cramer talks about how he manipulated the futures market as a hedge fund manager.
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