stocks seemed silent today and the day before (tue/wed) opened up high for high hopes and then were kind of let down after i suppose all the traders realized now this $700+ billion bailout will be really done by politics. that’s a laugh. it could be weeks or months if they make the decision or never, and who really believe’s fed chairman bernanke anymore? he says if we don’t do it right now then huge side effects will happen. well what if all that bad stuff really doesn’t happen and we let the loser’s lose and not get their pay package? remember, the tax payers are paying for this not the bad CEO’s walking away with their $30 million retirement package. so what to do, who will make the final decision, will their be sometype of real active plan? if i’m going to be paying for anything i sure do hope i get a part of whatever i’m buying.
i’ve been seeing strong reversal uptrend on my charts last week once investors thought the bailout would be quick. what if it isn’t quick? i could really see markets turning if a decision isn’t made. indecision, from my experience, will leave the markets in chaos. they need an answer. i hope its a good one for, EVERYONE. screw those CEO’s that made bad decisions, don’t give them any money or it is like rewarding them.
google’s new G1 could be a hit for the stock not because they are entering the phone market, but because it gets more advertising payment clicks for the company. GOOG also wants their phone to adapt the markets instead of controling it. all these things are great for innovation keeping GOOG a hot stock to watch. likely if people actually get it stock should surpass $500 again easy with all the advertising money it will receive on the mobile market.
September 25, 2008 | Categories: trading stock options | Tags: $700 billion bailout plan, aapl, against, fastest growth stocks, goog new G1 phone, hans, high return, NTRI, reversal uptrends starting, rig, swn | Leave a comment