You will see the person who introduced the idea, the reason, the daily chart and the lifetime chart. He is developing the idea in a live, fast and furious way and taking input. It’s pretty awesome.

If you want to participate in the conversation you can just go the blog and leave comments. If you want to share your ideas real time, sign up on Twitter and follow StockTweets .

It’s a big enough idea that the Financial Times picked up the creation and got in on the conversation . Congrats Soren and thanks for getting me mentioned in the article.

CHINA – Nobody is more optimistic than me for this China not to be ‘the bubble of bubbles’ but don’t be stupid. IT IS. All things will follow China this century. It’s just math and population. The only thing preventing China from imploding everyday is all the day traders short the Chinese ‘inverted double inverse upside down flint rubble double’ ETF (FXP). Read Michael Parekh’s quick review of the situation. He has been there done that . You can’t stop people from being exuberant.

INDIA – AWESOME thought post from Read Write Web . Not just the outsourceeeee going forward.

Brian is levelheaded. That’s why I trust him. He sticks to his knitting. NO PREDICTIONS .

Dinosaur Trader asks his favorite bloggers (not me) to list their favorite blog post . Good reading.

If Dinosaur had cared to ask me…My PERSONAL favorite Blog Post from 2007 :).

Fly – I am scared of him and his posse so must link weekly. His predictions are thoughtful as well .

Cramer at NY Magazine . He’s tough to take on his own site but I like reading his pieces outside TheStreet. I don’t follow his stock picks but his handicapping angle is a great touch.

Abnormal returns has a great link wrap-up of market and stock predictions .

Internet Video is the Granddaddy of internet trends. Ashkan looks into what video ad format will work .

Fred on the WEB . It’s a 100 year internet bull market in the end.

Ten Things that Will Change Your Future . Not Gumby…Chumby!

I love this PS from Fred in his 2008 look Ahead Post

I posted this from my blackberry to this blog, facebook, and tumblr with one click while sitting on a beach in the great barrier reef off the coast of australia. If you want to see the new world, you have to live it.

Everyone on this blog is living it so we are ahead of the game. Travelling tomorrow and excited to get busy again Thursday.

As Fred appropriately says…”We are Where we Are ”

It’s true. Prices are all that matter. Fred seems very concerned. I am not. Japan owned us 20 years ago, so did the Germans for a few hours. We bought the stuff back from them for pennies.

Same shit, different timeline? I think so. I think the global taste of wealth is intoxicating and contagious .

Most of America is fat and lazy, but our cream of the crop blows everyone elses’s away. We are like Trump in the 80′s. We owe sooooo much money that nobody can afford to collect. It’s better for our creditors to keep us afloat. my bet is we come through this once again.

If we don’t, what good is all the money you make shorting anyways. You will be dead or a slave or here .

Disclosure – Shamelessly Optimistic

All kidding aside, it is a profound statement. If you trust ‘Whitey’ with your money or a home appraiser to value you home, I don’t think you are entitled to a ‘Get Out of Jail Free’ card. Like every rule, I believe there are times to break or bend them, but not often here. Last week I was driving by homes for sale signs in Phoenix that had a new hanging tag line ‘Below Appraisal’. That’s comedy.

My friend Roger has a great post up on the Rating Agencies . Same shit all the time.

Something is wrong when an entire industry teeters on the brink of destruction because of – what? – a change in credit rating. Consider the anxiety in and around the monoline insurers. The recent MBIA situation simply brought the point home: investors have given rating agencies too much power. Way, way too much power. Somehow, someway, large swaths of the investor landscape has effectively abrogated responsibility for conducting proper due diligence because an entity which, by the way, is paid for by the issuer, has said “this instrument is ok for investment if your risk tolerance is (choose your letter).

We are fat and lazy as individuals and corporations full of ‘smart’ people are no different. Don’t be like everybody else buying ‘sell side’ research and outsourcing your hard earned and/or stolen capital ( :) ) to ‘Whitey’.

You need to have a plan, but you can do this shit yourself. I think I am proving it on this blog everyday. Lindsay is proving it with her stock portfolio. She does not have a broker. Never has. She understands about commission costs (USAA at $3 a trade). She never heard of a stock before Wallstrip, let alone buy one. You will call her lucky, but I think she’s smart. She reads this blog and is finding ideas that are in tune with her thinking and stocks that are trending. I saw her today and we talked abut her stocks for 30 minutes. She knows I will kick her ass if she buys ‘rumors’ and stocks that are not my favorites mentioned here. I reminded her that stocks go down. It’s not always this easy.

Rose in my office has been patient, not traded and bought the best stocks she could understand in positive trends. She has been printing money.

Here is what I think Rose and Lindsay have done right. They found someone ‘me’ that they know they can reach (through my blog) or direct contact whose interests are aligned with theirs. They have taken baby steps, they have been very selective and they have been diligent about their stocks that they decide to own.

They are beating the pants out of me and every other mutual fund that they could have chosen. They will make mistakes. They will occasionally get lazy. If they don’t get too lazy, they should build their net worth and enjoy the stock market…the best part of capitalism that America has to offer (despite it’s many flaws).

As Roger concludes:

It all really comes back to the same issue: caveat emptor and for gosh sakes, do your job. Especially if you are a fiduciary. You simply can’t outsource responsibility for making decisions that are core to your mission. If you are going to invest in complex instruments, do the homework or don’t invest. And by all means, do not rely on the opinion of others whose motivations might not be aligned with your own. Because as we’ve seen, this can result in some very ugly outcomes.

Flying home finally and will be trying to stay away from the blog until Monday. It has been an amazing week of gains for the leaders. It may feel wrong to sell something, but you should.

Have a great weekend.

Sure – we throw them bones …GM, Dell, Ford, Homebuilders, semiconductors and even some big financials this year, but the rest still belongs to the bulls.

They bears focus too much on charts and price and levels…NOT TIME.

They don’t realize the amount of people focused on keeping the sytem moving forward and possibly even ‘rigged’ (I hope it’s rigged for all our sakes).

They don’t realize the power of the bullish system of America. They have their little toy of the ‘no uptick rule’ which definitely helps them during meltdowns, but creates this mess for them when sentiment turns for just a few days.

This has been one of my better trading weeks of the year again…thanks to the bears. I remember the pain of being early at $81 on VMWare just a few days ago, so I WILL SELL some more today at $94. I remember being scared of a crash while buying lot’s of SPYders at $142. I will book profits on a bunch today at $149 a few days later. Yes we could go higher, but this is indeed a meaty move in a short time and I have no opinion on the market itself.

Take a look at these spikes. If you are a shortseller remember them.

Disclosure – Long VMW, SPY and as you know alot more.

I am adding Waste Connections tomorrow (WCN) and a few tech stocks at least for a trade. Probably RIMM, VMW/EMC, Baidu and GOOG. I am hoping for some panic at the open, but with a 5 percent bounce intra-day in Japan, I may just be paying up on a few stocks.

The crashed financials weigh heavily on the S&P index as financials are the biggest weighting in the index. I think the moves in the index are therfore a little misleading as to the overall market damage which is not that bad.

I think the fear is focused where it should be.

Let’s see what happens.

Disclosure – Long CSIQ, NEOG and EMC

I am sure ‘The Donald’ is smart. I mean he has his own freaking University . He is even on CNBC all the time now. Or maybe:

It helps to be born rich.

It helps to be shameless.

It also helps to owe the banks so much money that your demise hurts too much. Like I said he is smart…or smarter than the bankers.

Add it all up and you get Donald Trump. Master author, and now offering Master’s degrees in real estate.

He is a busy guy. Busy destroying shareholder value. He pisses on the same people who praise him. Today, comic Jeff Kreisler penned our first all-time low show. Jeff writes a daily ‘Funny Money ‘ column over at TheStreet.com.

I have been badmouthing Trump, the CEO and author, and Trump (TRMP) the stock forever . Rightly so. He shat on shareholders in the past as well with his last casino/real estate public fiasco DJT. The Fly is with me on this one as well . Trump defines the term ‘asshat’. If you own the stock, consider yourself an ‘asshat’ follower. If you are short the stock, you are on to something :) ….the anti ‘asshat’.

Brian piles on the Trump is done train:

I suspect this will be a reorganization soon. I am hoping he reorgs his forehead and hair as well.

Disclosure – No Position

The stock has since been a 30 bagger. It would not have been a Wallstrip worthy stock until late 2005 after a 1,000 percent gain. If we had covered it in 2005 at the all-time high breakout, the typical comment would have been…thanks, why not cover this one before the run. Yet, since that breakout, the stock is still up well over 100 percent. I guess you will say the same thing tomorrow.

Lindsay gives us a detailed look at what makes the Company go on today’s show. Here is their Google Finance start page .

I have no aersopace exposure at the moment. I have owned LMT in the past. I have no excuse, just personal comfort. I hate the fact that the government can make or break you. That said, LMIA looks pretty diversified . Brian takes a deeper look at the technical picture here (volume is light despite the great price action):

Disclosure – No positions

Here is their Google Finance Page . Here is their corporate website with all the details. It is actually quite a detailed site for all things related to kidney disease .

Basically, DaVita is a huge player in dialysis services. In the public market, they rule.

I am no expert in the medical space but this Company looks like a long-term must own in healthcare. Brian takes a look at the technical picture of the stock below:

Disclosure – No Positions

Lot’s of questions and concerns about the silliness of the recent stock moves. Google up $10 and Baidu $14 more. Why think? We are paid to manage money, not think. Forget the stock symbol or what they do. It’s a raging bull market and you buy strength, not Motorola or Sirius or some other beaten down tech stock. That won’t work. I have been partial selling into the silly up moves and chronicling it here. I have also been adding fresh all-time high breakouts, not beaten down stocks. That’s what I know how to do, not analyze fundamentals or reason.

EMC, CTXS, SYNA, NUAN…today Adobe, on and on….

I appreciate all the new readers and the questions, but can’t answer them all here or by email. I am trying. Seriously.

I am amazed at the 134 comments now on the Craigslist post from last week. The traffic is still stifling. You write and create all this original content for a few thousand readers and than copy/paste a Dear Abby type letter and get hundreds of thousands of readers for a few days. Here’s the lesson…listen to what people want.

Tech, Financial and political bloggers are dwarfed by the size of people on the internet looking for love. Can’t wait to launch the Dear Lindsay Wallstrip show….(ideas welcome)

Also, if you want your favorite stock Wallstripped , don’t just biiiitch on the site comments. Send me an email with a storyline and if it’s semi funny/smart/cool, the Wallstrip team will take a pass and give you the credit. Get involved, we love that.

Have an awesome rest of the week and if you need to trade and miss me, go with the second hottest hand right now . If you are like most people though and just want to get shellacked (talk about tempting a top :) ), go here and as Tim say’s himself…hope. – Note – You will be awesome at cocktail parties.