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Pastimes : Home on the range where the buffalo roam

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To: Sig who wrote (13742)6/15/2005 10:48:43 AM
From: John Koligman  Read Replies (3) of 13815
 
Sig, I'm sticking with the automakers again this week, trading blocks of GM and Ford. Volume on them is up, you can get in and out for nice profits on the long side lately. Both issues have been very strong. I saw Lizzie's comment on the 1k for Google, put me firmly in the skeptic column. If Google gets a 300 billion valuation I'll eat my hat. That smacks of all those guys posting 'five more splits in Dell' six years ago, and 'Cisco will be the first trillion dollar market cap stock'

Best regards,
John

PS - Sure looks like big tech (CSCO/INTC) is done for now, both stocks rolling over. Summer doldrums after a nice run...
(Of course, a 'nice run now' might be 2-5 points, not like those days when you got that kind of action in one day <ggg>.)
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