Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (1294)	5/21/2014 8:46:45 AM
From: rdkflorida2	1 Recommendation Recommended By Kirk © Respond to of 26687

Kirk, I use CAT (dirt moving), IBM (General High Tech), And 3X Miners NUGT (Earth commodities if you will). Reading your post saying more inflation I would think CAT and NUGT would have rising PPS. Both are down and, IMHO, look to go lower. Is this a case of the stocks lagging the price of the commodities? Or did the stocks get ahead and are now correcting? My take is you are right but maybe early re the stocks. TIA for your thoughts. RDK

To: Kirk © who wrote (1294)	5/21/2014 10:00:00 AM
From: CrashDavis	1 Recommendation Recommended By Kirk © Read Replies (1) \| Respond to of 26687

SHHH! Don't tell anyone about EM. I've been watching that sector for a while. I own a fair amount of VWO. Also, some FRN, ARGT, ILF, , EPOL, EWM, EWW, THD. Even some RUSL - leveraged long Russia that I bought in March when Crimea was on the front burner. (literally, buying blood in the streets) I especially like Poland and Mexico. I love being long the Mexico peso. Check out a chart or the euro vs Mexico EURMXN since January. Great short.

To: Kirk © who wrote (1294)	5/21/2014 10:57:46 AM
From: CrashDavis	1 Recommendation Recommended By Kirk © Read Replies (2) \| Respond to of 26687

Kirk, A few more things: -I think stock market sentiment is more typical of at least a trading bottom than a top. -I think the fixed income market is confusing investors, because (IMO) it is the economic weakness in Europe that is driving rates down in the US (as some traders short EU area debt and buy treasuries). Central bank activity is distorting the price signals big-time EM investing is interesting to me, because I can buy country funds of govts I like and stay away from poor govts. I think Mexico, Poland, and New Zealand (not EM obviously) have business friendly govts and may be growing much faster than US or EU. Re US stocks, I think we have seen a multi-month sideways consolidation in big caps and a decent correction in RUT About to push to new highs, IMO An aside that you might find interesting if you have the time is a lengthy interview with Marc Andreesen this week at econtalk.org. Listened to it last night Andreesen said that smart phones cost $35-$45 in India and Pakistan now (if my memory is good). Also, that in the poorest countries, studies have found that given the choice between a) smart phones and internet and b) indoor plumbing and electricity, people will choose the former. Things are becoming real interesting in parts of the world that most American investors don't pay attention to. econtalk.org