We have been working on a video to the same tune about stock tickers at Wallstrip…sometimes you just get beaten to the punch. Nicely done at RichterScales.com

It is mucho volatile this morning in the markets so I do little as you know. I am paying bills and reading blogs and writing.

I am selling some SYNA at $60 which was a mental target (speedster now printing $61 rats :) ). This stock feels like it could really fly, but….not being a HOG.

Also selling some Baidu and Google (mentioned that last night).

It’s really just the financials that suck.

Coinstar is hitting me over the head as is Blackboard, but just a few of 50 plus positions so nothing out of the ordinary. My Coinstar stop is in the $28′s so close now. Blackboard is $37.5. Coinstar never made it to an all-time high so jumping the gun was a bad idea I guess.

Disclosure- Long SYNA, GOOG, BIDU, BBBB, CSTR

I have said China was topping at least twice including yesterday.

Josh Kopelman has an excellent post written for Alley Insider about ‘Bubble’ calling.

That’s why Josh is a great venture capitalist with bazillions and I am a thousandairre :) .

How about this sarcasm:

The sooner we all get back to 2003, when the few surviving companies had huge giant markets all to themselves, with no competition anywhere in sight, because everyone knew the world had come to an end, the better.

Go Marc!

Disclosure – Market is going to zero, but I am too lazy to sell. Will buy instead.

I would love to see some more downside in Garmin, but other than that I am not chasing stocks up here. Other than the semiconductors and metals, nothing wants to come down. I am plenty long if we just continue higher. Even my trusted ‘guru’ friend ‘The Fly’ ‘ seems to be reaching for stocks today.

I remember the Blackstone death watch just last month at $20/share started by my friends at Dealbreaker . That felt way wrong and I wrote about buying it, but never pulled the trigger. It’s now rallied 40 percent.

Blackstone and Goldman are the safest China plays you can make. The Chinese may shit on the crappy little bubble stocks in the end, but Goldman and Blackstone are family now.

Disclosure – Long Garmin, sold Nvidia

This could be a ‘Triple Lindy’ OY for the internet:

1. Facebook frenzy (color me included) – Rumors that Zuckerberg now has a $15 BILLION valuation on Facebook, even perma ‘glass is half full’ bull me is concerned. As Wired reported via Alley Insider last year , Facebook/Zuckerberg had all but approved a Yahoo $1 billion deal WAY WAY WAY back in 2006 .

2. Amazon back at all-time highs (I am long :) )

3. WTF ?

I was chatting at lunch with some friends about the first bubble and the CEO from Infospace coming on CNBC in 2000 and predicting his company becoming the FIRST ‘TRILLION’ dollar company. That was not the best time to buy internet stocks.

Just a friendly reminder…AND

It’s not that all this news surrounding the internet is a little frothy, it’s more that I am long :) .

The real problem is, last time they filed for an IPO, the stock market imploded like a month later.

I have some news for you. It’s been a month since they filed.

I am chanting and talking to my Weeejeee board tonight.

Oh ‘Bubble Boy’…

This Saturday marked the 7th Anniversary of Nasdaq peak of 5,048.62. Wired remembers .

Seems like yesterday if you have been involved in the subprime lending stocks. Love this NY Times piece, a must read .

The homebuilders are all down 50 plus percent as well.

Last year the Saudi Market crashed in the course of a week and this year China suffered a quick 15-20 percent drop.

One consistent theme has been the doomsayers. When the (FILL IN YOUR CHOICE) market blows, we are doomed financially.

I guess we will just have to wait for the derivatives implosion :) .

Guess what – it will happen and the markets will survive.

In the end, if you trust the average stock analyst, broker and talking head you are doomed to underperform.

If you respect diversification, margin and leverage and buy great brands and growth companies on sale or just consistently, you will profit over the long run.

My takeaway – Sean Parker is a stud AND IPO’s are coming. We NEED them and Wall Street will GIVE THEM TO YOU, before this Nasdaq run is over.

He is wrong if he is referring about YouTube ($1.6 billion – despite any legal anxiety – is cheap)and he is :) , and sounds like sour grapes, and right about most of the rest of the blog and internet deals.

Robert Scoble is taking the other side of Bill’s bet and my money is with Bill (no offense Robert). It’s great that Robert is part of a start-up and raised so much money, but that space is so cowded and so underfunded for what ultimately would be required to win/if their is even to be a winner. So much noise and so much poorly spent venture money in podcasting and blogging that the odds of survival are low.

Just last Friday, Fred Wilson also mentioned the word “bubble” in his interview on wallstrip.