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12 Comments
- cantaclaro, on 10/12/2007, -2/+13Its about as racist as the whitepages.
- malonie, on 10/12/2007, -3/+11Internet bubble v2.0
- p3ngu1n, on 10/12/2007, -2/+5No, but I have a dictionary.
- lerinlas, on 10/12/2007, -0/+2Doom and Gloom... The world's going to End...
Human sacrifice, dogs and cats living together - mass hysteria...
This is just a self fulfilling prophecy. If people wig out about tech stocks, then they'll drop. Keep an eye on the companies P/E. Watch out for companies with too much debt. Tech stocks in general should be fine, just don't buy into companies that have no viable business plan (E.g. Vonage). - taotehue, on 10/12/2007, -0/+2I think what argoff is saying is that with sustained high gas prices and a slow moving economy the fed will (and has been) will allow for more cheap money to hit the market. this combats deflation but raises inflation. (we would rather have inflation any day). the fed can't allow for the market to deflate because that is what happened in the great depression. because of this trend gold has risen sharply and may continue to be bullish for some time as it is historically considered an inflation hedge.if the market is going to have a bubble then you can make money on the way down with a short. personally, i wouldn't do any shorting unless I knew how to read some candlesticks and other economic data. that's free advise and only worth as much as you are paying for it, so precede at your own will. I personally will be shorting several stocks in short duration swing trades.
I would be buying long those companies doing business in India. The worlds fastest growing democratic economy. I would be buying companies that are invested in alternate energy as that is the way out of the current Geo-political gridlock are country has gotten itself into. pick for yourself what companies have a viable business plan, don't let me or anyone else choose that for you. if you do what every one else is doing, you will get the same results as they do. For something spectacular, do your own thing. - partyonaisle7, on 10/12/2007, -2/+2If you believe that, now is a good time to be selling short...
- noodlez, on 10/12/2007, -2/+1they're coming back at a time where the market is getting a bit too big for its britches, proverbially speaking. they might start making a comeback, but once the market makes a turnaround, they'll be losing again. unfortunately.
- phbradley, on 10/12/2007, -3/+2I think biometrics have a bright future, and I'm tempted to get into share trading to buy up a few stocks after the traditional October/November low in the markets
- inactive, on 10/12/2007, -3/+1Of course tech stocks are back. The larger tech firms are showing higher profit margins thanks to their layoffs and the final chapter of mindless home equity loan spending. It's the last layer of our economic facade. Buy gold now.
- argoff, on 10/12/2007, -4/+2@partyonaisle7
Yes, in a normal world this would be an EXCELLENT time to short the market. But we do not live in a normal world, we live in a world where banks have PPT's (plunge protection teams) and unlimited amounts of cash they can print up. In fact, if you price the market in terms of gold, or any other commodity - it already has crashed hard over a year ago. But in dollar terms, I don't think the Fed can afford to let the market crash. There are nearly 300 trillion dollars worth of financial bets out there (called derivatives contracts). If they let that crash that would completely murder the 12 trillion US GDP. IMHO, I don't think they have any choice but to keep printing money and pushing it out there even if it causes suvere inflation. It's either that, or suvere economic collapse.
Got gold? - gd007, on 10/12/2007, -9/+3see what happens if you buy stocks without doing enough research : http://www.stock-article.com/
- Pic0, on 10/12/2007, -13/+1That website is racist...
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