Skip to main content

Armaggedon

Take a deep breath folks. Its gonna be a bumpy ride! I am totally at a lost as to what to fund, buy, sell or recommend? There has got to be some manipulation going on. I feel like the more the Feds offer a bailout the more the wall street cockroaches scurry for cover. Again, up is down and down is up but you can't get any financial contracts to reflect the new market rules. Stay tuned!
Labels:

Comments

Post a Comment

Popular posts from this blog

Morning Update

By Rick Walter Still working on putting together a strong biotech portfolio. Here is a good general article on the state of the biotech industry that was posted yesterday on the online Wall Street Journal's site- Biotech Stocks Hot Right Now, Ho-Hum in the Long Run.
Post a Comment
Read more

Semiconductor Conundrum

By Rick Walter Last weekend I worked on a new semiconductor portfolio because I thought that although the price to earnings ratio of many of the companies in the industry are still too high (P/E's of companies in this industry typically runs very high), there still may be an opportunity to take a position in the industry and make some money. Although knowing what companies to buy in this industry may be the ultimate conundrum. This sector is ferociously competitive and over the years even the best companies, such as AMD , Rambus and Novellus Sys have succumbed to the price pressures of the competitiveness in the market. Of course, most of the pressures in this market have stemmed from the relentless drive of Asian chip manufacturers quest to completely dominate the market through a combination of foreign currency exchange rate manipulation of the Renmimbi (Yuan) and cheap labor. Their domination of the markets has also been helped by a global market with an insatiable demand for...
Post a Comment
Read more

Goodbye Mike

Before I get going today, lets take a moment to honor an American Idol, a Music Titan , and a Perfect Representation of the Gods of Music ; I would like to send my condolences and respect to the Jackson family for the sudden passing of Michael Jackson . I am profoundly saddened by his death. I was trying to ignore the whole event- news of his death . It seemed like some sort of bad dream at first. However, reality has set in this morning and have left me almost speechless. Goodbye Michael! You will always be missed! 6/26/2009 9:41 AM
Post a Comment
Read more