Well, everyone, I have been away from this thread for the past week. Has anything happened to our beloved stock?
What!! To my dismay, the stock is lower instead of higher. Confound it, this is not to be. Almost everything I read here told me that S3 would be at 20, ...no, 25!... no, egads, not 30? What went wrong? Did I miss the boat to LaLa land? How could I have been led astray? What went wrong with my thinking? Maybe its the rarified air of analysis that has hung over this thread proclaiming S3's soon to be praised lift-off.
Or, maybe its me and a few others who are to SHORT to engage in the high level of conversation that equates TA with yesterday's dirty linen!
O, forgive me for using that profane acronym. After all, we can't blame the company for its most recent tumble. My goodness, its number one in the industry. Its going to sell zillions of those tiny bits of fused grains of sand that will be molded into microscopic chips that will go into products that will revolutionize the way we see colors. Oooooooh, pretty.
No, the blame must lie somewhere else. Now, where is that little critter? Well, I can't seem to find him at the moment, but I do recall someone mentioning his name a few years ago during a race of some importance. I think the animal went by the name of "Its the economy, Stupid!" Dang, wouldn't you know it. That the company's fall couldn't be explained and accepted by the use of TA (oops, I used that dirty acronym, again).
Then it must be attributed to something else, like good old fashion fundamental data, ... i.e. Interest Rates. So, let us dispense with the esoteric language of TA and stick with what got us here in the first place... good old fashion fundamental anaylsis. But, maybe no one is interested in such conversation.
Ah, yes, I, too, am to sophisticated to believe in Santa Claus but for as long as I can remember I have always received a present on Christmas day.
Counting my money,
Keith |
