Maybe time to dump all small holdings and load up on PALM, nice elastic chart to the upside.
{Force = mass multiplied by acceleration, Impulse = Force multiplied by time which equal MOMENTUM, or mass multiplied by velocity] The charts historically on market recovery preceding economic recovery are sharp, that is the momentum or impulse is fast straight back up, more V than U and certainly not L shaped historically. I guess I must admit that I take some comfort in Greenspan FINALLY ADMITTING there is no inflation threat and that OIL price should come down. We will see what OPEC brings to the table this week. Someday, OPEC should consider, the only OPEC nation left will be the US and Canada and North Sea oil producers, how will WE treat THEM then, other than as we have been historically treated. Fair prices means between $20 and $25 NEVER above and not below either. That is the value of dollar currency and oil currency PERIOD, otherwise other economic supplies of resources get disrupted and that historically has meant WAR THERE. OPEC should consider that too. As for me and my House, we buy tech, like PALM, which will return to past highs, NOT IF but WHEN that is the answer to your question.
I am,
Truly your$,
-Crystal Ball |
