Not one post after I quote Mr. Degraaf of Lehman Brother’s do I need to quote him again. He remembers the last time he pounded the table – I was correct – it was silver. It was 2003. It is amazing that I remembered, because he just made such a compelling POUND THE TABLE – …
From: March 2006
Pigs get fat – hogs get slaughtered
Silver closed above $11 for first time in 23 years. The Hunt brothers pushed silver prices above $50 per share when they tried to corner the market. It peaked 26 years ago (give or take a few days). The silver ETF is likely to start trading any day now. Citibank gets on the gold and …
NUAN
I would appreciate any feedback on voice recognition. I know that people use Dragon software from Nuance and they just bought the leading medical dictation company. The stock has been white hot but to me, voice is the future of technology. I mean I can barely move my elbows without blackberry induced pain. I think …
Google files a shelf stock deal
Nice timing for Google – up 50-60 points from the last few days – all because of an S&P upgrade. Someone is getting screwed by the big brokers – AGAIN.
Charting the markets
I always look. I think the best general technician on the street is Lehman’s young Degraaf who I read daily. He’s concise and very broad. HE RARELY POUNDS THE TABLE! Today he is TABLE pounding Japan. He has been bullish for one year and correct. He loved Silver a year ago and pounded the table. …
Google – and by the way – Inflation
What a putz for selling Google – up 16 more today. Lots of money and mergers to bail out the sell-offs. The good news is – I have no shorts and many longs and the market is seriously rocking. It just may stay good until the summer. That would be nice! I get 20 emails …
60 minutes – Could reporters look any older.
I am a huge Tiger Wood’s fan. I love winners. Old people freak me out so I was conflicted when I actually alarmed myself to watch 60 minutes on Sunday. I don’t mind the puff piece they did on Tiger. If anyone deserves it, he does. It is not news that he is one of …
Bloggers are starting to act like regular media
No research, all hype. The smart companies are starting to game this behavior to create wildfire speculation. It worked for Skype and is at work tonight with a company that rhymes with laceshnook.bomb. That is discouraging. Note to self – float golfnow.com rumor that the board turned down $1 billion from Titleist (Fortune Brands). Anyone …
Who needs Internet when there is JUICE
Hansen’s Juice – Guava sugar in a bottle – has had a meteoric rise the last few years hitting $123 today from $2 and answering the question, why does trend following work. It works because you never know which all-time high is going to keep going higher. It hit an all-time high in October 2003 …
Rates scaring me
Selling a few high PE stocks – Google first out at $376 – up almost 40 from my buy a few weeks back. I am going to be avoiding this stock for a while. Lot’s to prove. If it drops in the low 300’s I will revisit. I think as I mentioned yesterday, Citibank’s upgrade …