enough of this poetic doggerel
I dont see Yahoo's warning affecting much of anything except perhaps other firms deeply dependent upon internet advertisers... interesting to watch INKT, BEAS, CMRC, ARBA in the next few days since they are internet dependent but on software linkage systems
I buy the notion of a stealth bull rally underway in slow motion... new lows are improving... relative strength for Naz is improving... advance/decline line is improving, which speaks volumes for the masses of lesser stocks
far too much attention is paid to the major techs... sure, the houses love them, and they move fast... but they also roll backward fast and crush testicalia, mammaries, and sundry loinage parts
I see a creepy crawly rally up toward the next Fed meeting... but I then see a selloff, as we realize how incredibly stupid and incompetent the Fed and Greenfart have been... their extreme ineptitude will be glaringly clear and highly publicized this spring... at that time shorterm rates will be down, and longer term mortgage rates will be shockingly low... refinances will be buffeting the housing industry which will be buffeting the consumer spending economy, even while manufacturing and capital expenditures will be teetering dangerously
hard to pick a prior time period with similarity... 1998 had financial sector shockwaves like this, but the tech buildout was in full swing... 1994 had fin sector shockwaves, but the entire economy was awakening from the GulfWar oil-inspired recession
this expansion cycle is TIRED AS HELL... it will take far more than Fed cutting rates to revive this... the Y2K spending phenomenon was a blowoff top climax with reality behind it... to aggravate the whole orgasmic 1999 rally timed to Y2K, the wireless spectrum absurd prices paid in auction has crippled the wireless sector temporarily
man, oh man, we got economic problems
when a rally of 10-20% presents itself, in a single stock or in the Naz, take it and wait
this Naz market needs 3-5 months of intravenous capital infusions, AND some simple rest
as for Jim Willie, he died
he is reportedly very depressed, manic, discouraged in life, disillusioned of women, on the border of destitute, and seeking professional help for what seem to be monumental emotional problems that block what is needed -- gainful employment in the midst of a social network
/ Chicken Liver with a Corned Beef hankering |
