OT - couple of
things
<p>Last post - The board is relatively silent - sticker
shock? I looked into news on NOK, INFN, CIEN. I see nothing
negative about any of them. Nomura started INFN with a 'buy' on
June 3rd and a pretty reasonable rationale. Around June 20th there
were a number of positive stories for CIEN and
INFN. </p> <p>BTW, Jim Rogers, who I know Bullseye
(remember him?) thought was a wing-nut, prophesized that what will
happen here is 'the biggest bear market you've seen in your
lifetime.' He cited debt in the 2008 debacle, and we all know that
world-wide debt is much higher now. I kinda like Rogers, as he is
sometimes right on the money (1980's - said China was the place to
invest, and they would be the dominant economic force in the 21st
century). People said, "That's crazy'. His 'timing' is often lousy,
but his macro sometimes 'works'. It also kinda makes sense as a
possibility to me. I keep wondering - what will be the sign that
these crashing prices are too low? The only thing I come up with is
that if the next earnings season is pretty good, the market might
hang its hat on that as a sign things aren't as bad as the indexes
are showing.</p> <p>Also, I see ERTS at $71.50. I
wonder whether that's a buy - or a 'drive by'. Yeah, they're in the
general market decline. But except for FIFA, I don't see why
videogames will necessarily suffer. Except if Europeans can't
afford FIFA, or the euro currency exchange is so low that people
might as well be paying in bitcoins. There are bargains somewhere
in this market, I just can't seem to identify them.</p>
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