The price action in some of the large tech names is puzzling...
I expect that the cash rich NASDAQ Co.'s have exposure to toxicity, and I betcha we'll have stuff hitting the whirling blades here.
On my screen, they are all up, all green, all of 'em. Just not natural.......
CSCO, MSFT, TXN, RIMM, HPQ, ORCL, GOOG, AAPL, AMZN.
AMZN has a PE of 46. They have a new product, the Kindle, a portable wireless reading device. Is that something like a....laptop? On their site it says;
"This is the future of book reading. It will be everywhere."
Ya, I can picture them now, reading electronically in the soupline.
Looks like good 'ol short squeeze.......... |
