Monday, October 01, 2007
Sector Spotlight: Internet
How about this market?
The banks are telling us they are screwed, thanks to subprime. The dollar is a joke and commodity prices are exploding to the upside. Yet, the market is poised to make new highs.
The lesson: timing the market, based upon macroeconomic trends, is always a money loser. You're better off following price action, with conservative asset allocation.
Thus far, internet related names are on fire, with gains in TZOO, SCOR, OSTK, CTRP, RATE, GOOG, KNOT and SINA.
In short, the 4th quarter is the time to own internet related names, partly due to online shopping.
With my money, I like ERTS, iiG, BWLD and NTRI.
"You're better off following price action..."
Me thinks you just gave props to the chart chompers.
Incorrect. I choose not to elaborate.
Great thinking. I hear the METS (NASDAQ OTC: $0.88) are developing a choking device and a champagne disintegrater.
Except that as the battery on my cell goes dead because I checked the directions to my destination twice.
Mistakenly assuming that the only use for GPS is Tubby assholes and their wives in cars navigating to BBQ's, Not the million recreational applications that GRMN is Coining money off of. Tons of which your out of cell phone range for.... 2 years out from any threat from cell phones to GRMN.
Definitely sell this panic, Fly on the Street Greenburg
What's next? WWAT still a buy?
Btw, those stupid Finnish people at NOK must have brain-freeze to pay $7.65 B for Navteq.
Are you gonna comment on the Busineess 2.0 article? Is is true that plug-in version will arrive at the end of the year?
By the way METS suck ass. Go Phillies.
Not sure. Not worried.
From what I hear, the ROV will be launched in about 1-2 weeks, which will help reduce the companies burn.
The device will retail for $150, compared to MOT's $400.
As far as PICOP goes, the company is scheduled to launch a stand alone version in the 4th qt of 2008.
Their subprime rates to finance rickshaws and bicycles must be the most competitive in China.
Change your tagname to whatever you can get close enough but that does not conflict with our Danny.
The whiny chick plaints are not helped by your current nick.
Still long SRS, short LAZ-arus of Judea?
Degenerate Chinese gambling in the form of MPEL is going like a late seventies Hong Kong kung-fu movie fight scene.
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