One version of the promise of the net will be a reality when voice is completely enabled.
That will look like me or you talking to the portal and it acts on my statements as a personal assistant with an intellegent knowledge of my history and preferences so it can make reasonable decisions at decision points.
We are in the infancy of the net. Likely, there is no one alive today with the slightest idea of where the net will be when it, if it ever, finally matures to the point of reaching its full potential.
All we are seing in the markets now is business as usual.
I love all of the after the fact explanations of why the market does what it does.
In seeking explanations, IMHO, it's always best to back to basics. The market is a mob of followers whose direction is turned based on who is screaming the loudest, who has the power in the moment to manipulate it for their own purposes.
The essence of the market today is played out as a money game without values, morals or purpose--other than to make money in an I win, you lose game of greed.
The more ideal purpose of the market has value. By investing over the long haul in management that has the vision, spirit, and the ability to use the heightened value of the stock to make th ecompany more productive and to serve its clients better, we investors make money and society is served.
But we're not playing that game, so lets make money.
Figure out who has the real power, who is winning, and who is always losing. What ar ethe largest patterns.
Get far enough away from your personal winning and losing, see the most abstract set of predictive patterns that your intellect allows you to see, and bet those patterns.
Best regards to the idealistic longs who conduct extensive and productive DD, invest for the long haul, believe, hold and help th eeconomy build by adding value to the management teams of the companies that deserve it...may the rest of you get what you deserve.
The internet, as a conduit and part of an intellegent network, is the future of technology. Figure out where its going and how its going to get there, give yourself a reasonable timeline to get past the ups and downs created by people who can't get beyond living life as if the now is the past and the future, and enjoy the trip.
G |