Morning gang,
Well, Like I said, the same SOB's that suck the blood out of you are the same bastards that save your ass.
1. the president rectified his statement on Bio-Techs yesterday.
2. Abby reassured all the markets yesterday. not to mention, Goldman just came out with their Super Seven tech stocks this morning. UNBELIEVABLE? Not really.
3. Greenjeans said they are not aiming at the high flying DAZ.
4. See assh--- below.
TELL SOMEONE ELSE THERE IS NO MANIPULATION, THE PORCH KNOWS!
P.S. - There will be no retesting of anything! The time capsule does not allow it. This capsule will run up to earnings. After that we reassess.
Voltaire
ISTANBUL, Turkey (CBS.MW) -- Mark Mobius, Franklin Templeton's star emerging-markets stock picker, helped rock world markets last week when he forecast a fallout in those high-flying tech stocks -- although it happened a lot sooner than even he would have guessed.
This week, Mobius goes on record saying that the worst might be over, especially for big-name technology stocks with proven earnings potential.
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This jerkoff even has the audacity to say that he was not surprised by Tuesday's action:
Mobius, speaking into a cellular phone, said he wasn't caught off guard by the 13 percent plunge in the Nasdaq on Tuesday: "Quite a lot of people have been concerned about the fundamentals of these companies. The combination of these things came to a head." Nor was he surprised by the the quick snapback: "That normally happens in a bear -- or even a bull -- market. There are always people coming in to pick up opportunities, bargains."
------ cbs.marketwatch.com |