On Feb 5, 2008 4:00 PM, Kristian Erik Hermansen wrote: > On Feb 5, 2008 2:55 PM, Joshua Zeidner wrote: > > oops... http://www.parislemon.com/2008/02/google-is-like-rock-that-is-falling.html > > Typical head-and-shoulders pattern there :-) Any technical analysis > folks in the room!?!? Hehehehe... > -- Just a few points: 1: watch the healthcare sector... its not even being mentioned on the CNBC, etc. because they're playing smoke and mirrors game once again. Typically whatever is being boosted by Jim Cramer the Big Boys are trying to churn and dump. But regardless, there will be rallies in HC as it is currently in the regulation crosshairs. http://youtube.com/watch?v=rOVXh4xM-Ww 2: I've been through the dot-com boom/bust and the dust is just starting to settle on the whole thing. The analyists who have the power of authority in the tech sector typically use some very primitive metrics in picking winners and losers. But the sheer inertia of institutional investors holds much sway over the stock price. We have though, fully arrived at the situation where stock value has *practically zero relation to actual earnings*, in which case the value is a function purely of the various information outlets that call the shots. At some point though, we realize were trading pogs here and the bottom drops out. When? Watch your indicators very closely, because the big boys need to get out before all the clueless Scottrade lusers signal SELL. There are countless people who trade on things like; "company X just released a kick ass video game, I'm going to buy their stock!". It is somewhat relevant to note that Yahoo has not rendered one single cent to its shareholders in it's entire history. http://tinyurl.com/ytyhl6 . It is, according to actual fundamentals, worthless. Remember when Netscape was poised to conquer the world? What does a return to fundamentals in the tech sector mean for the Linux people? Generally good, happy things... Because managers will return to shrewd quality which in almost any given case equals OPEN SOURCE. as for recent news, notice the talk about twisters? Can you say *distraction*? happy trading, -jmz --------------------------------------------------- PLUG-discuss mailing list - PLUG-discuss@lists.plug.phoenix.az.us To subscribe, unsubscribe, or to change your mail settings: http://lists.PLUG.phoenix.az.us/mailman/listinfo/plug-discuss