Sam, I read this note from Fleck and wonder why you posted it. Is it some portrayal of a view you share, or is it an attitude you think is becoming popular? The way he moves from point to point with no connection, but a lot of fear is interesting.
Apple's problems are illuminating of retail channel problems? I thought they had a MPU supply problem?
"As I have reiterated often, I think
nuclear winter is coming for corporate America. "
And the connection to the MOT/Apple supply issue?
"This would be further proof that the retail channel also isn't doing well" Huh?
"On the other hand, Oracle was a disaster and
nobody seemed to care. "
Unrelated to Apple or retail, but maybe related to.... um well not, but it may show investors are too tolerant.
""Also in tech land, Western Digital, a company that no one's been paying attention to
recently, announced a disastrous drop in revenues. I'll talk more about that tomorrow."
Here's shooting a fish in a barrel and he'll talk about that tomorrow? Saving this easy target for a day when the market mood is in better shape?
I don't really see why you posted this.
What I also don't understand is why a bear like Fleck isn't telling us what companies will be hurt by Taiwan earthquake? Why not pick a stock at peaks with good fundamentals that has been hit by the least expected, a natural disaster? That would be a true opportunity, if it exists. Still not sure what to think of this quake.
Regards,
Mark |
