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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Slagle who wrote (63288)5/3/2005 11:41:02 PM
From: shades  Read Replies (1) of 74559
 
You know I had friends that had triumphs and lotus 7's and all that lot and I loved riding in them - and I liked the cars - but when it came time to put down my money for my racing hobby, I needed some quality - so I got a used toyota MR2 with a suspension kit instead of the others in the same class.

I went by the lotus dealership in clearwater a few weeks back - they had some new ferarris and the new lotus elise - it is nice to look at - but I still believe in the law of diminishing returns and don't see it. Right now I don't own a track car - now is time to save money.

Kaultbaum said today we are in a bear market, and in that 3 out of 4 stocks go down so we need to have more shorts over the summer than longs. I believe him. He said maybe a small pop in june, but generally down after this week. Until the fall rally comes.

Message 21290843

I believe SIRI has a greater chance of going to 2.50 in the next 3-6 months than GOOG does of going to 110 - please be careful Jay Chen. Coconut might use GOOG in the future right? Will she ever use SIRI?
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