Deep Market Thoughts…One Bad Day and Doom and Gloomers are Back

My post yesterday with links to Mike and Fly was right on, but one bad day and all the doom and gloomers are back.

I think this market will just do the opposite of what everybody wants right now.

I am back in rhythm and printed some good money today. Staying light and looking for extremes will continue to pay off for now.

Oil is the wildcard here, but it’s been like that for a while. Water is way more expensive and we have lived with that forever.

I love this technology, although it looks too good to be true. I trust mankind’s will to survive and remain as optimistic, don’t confuse with bullishness, as ever. You tell me:

Best Day of the Year…I love Bernanke

The numbers were insane across the board. You needed to be in the leaders and on this blog you have been shown plenty.

Gold and OIL exploded as the economy ‘global’, despite what the fed and naysayers think is freaking HUMMING. How about my long time favorite PHO (water ETF), up 5 percent to an all-time high.

I sold my Goldman puts with the stock at $192 and change this morning and it closed at $199. Best loss I took all year.

Loved the action in Gaiam (GAIA) today, up $2 and change to a new all-time high. Don’t hate…participate! SYNA, LIFC, GLD, OIH, BAIDU, GOOGSTER, AAPL, ADBE….

There are breakouts for everybody.

Disclosure – Long everything mentioned.

NEW SHOWS – Wallstrip Weekend – Water 2.0

Tomorrow we add weekend content, which will come mostly from me. More man on thes treet in New York discussing the big trends.

The first show focuses on water 2.0 and Energy Drinks due to the $4 billion purchase of Vitamin Water by Coke. Today, Hansen’s is up nearly 10 percent (Congrats FLY) on a Goldman Sachs BUY upgrade.

We covered Jones Soda (I do not own) on Wallstrip and it has been shellacked so lot’s to discover in this mighty trend.

We will also be doing more interviews with key people in the hedge fund, entrpreur and trading business. We are very excited
…for now .

Facebook SODA…”Juice Your Social Network”

Facebook Soda? Why not!

The fastest way for Facebook to grow without whoring out their site to ads and promotions is to go consumer hard goods.

Water is so 1990’s, especially to the teen and college crowd.

Look at Hansen’s, Jones Soda and now Vitamin Water.

Coke just paid $4 billion for Vitamin Water , you think a Facebook eneregy drink would not be a homerun.

How about their potential ad campaign…support our ad free environment by buying our Energy Drink or Coffee or freaking socks by that manner.

I like this Vitamin Water purchase by Coke and it is a big statement.

I drink Vitamin Water and am impressed with its marketing and distribution. Coke says they will leave it alone. Smart as well.

Shit, maybe Coke should now buy Facebook with the promise of leaving it alone and ad free. That would launch Web 4.48 for real. Upside down. Coke above $55 is something to watch for in the meantime.

Disclosure – No positions

DUDE….Stocks are on Fire

Yes I am off margin, but barely, and I have been adding back the last two weeks with buys in Yahoo and WEBX.

If you don’t own WEBX, take a look. If it clears 50 see ya to the upside. I was scared out but reentered back at $42 and change.

Yahoo has spun me around but I changed my tune at the beginning of the year and am long and have been rewarded. I think it ticked $30 beans today.

Here are some other longs that I have talked about frequently, own and have been on fire. I still own them:

Apple – did sell a little yesterday but you will have to pry the rest from me.

Rentrak – RENT.

EWM – Malaysia. Here is a piece from
back in December 2005 .

NavTeq - NVT – my favorite GPS play. I also own Garmin.

Nuance – NUAN. It has almost doubled from my orifginal purpose and I still can’t find somebody who believes. Yet, more and more I hear their services when I call companies.

Akamai – AKAM. Been selling on the way up but original buy in the teens noted on this blog.

BAIDU – BIDU. No one Chineses stock is better suited to rise if their market rises and still rise in a market decline.

SIGM. Actually a component play so I have been selling since the mid 20’s and own a fraction of what I started with.

PHO – Water. I may be adding to my position soon.

Smith and Wesson - SWHC – this stock has been good to me for sure. It is my second go around.

Here is a new one I have been buying – SPIL – Silicon Precision.

This has been a real bull market and nobody owns stocks. Nobody. I do hear from bears every day though.

Disclosure – Long everything in this post.

Water, Acqua, Mayim, Wasser, Eau, Farvand, Agua

So Suez (SZE) is more officiallyofficially in play.

Two of my themes for 2007 are intertwining a few days early with this gynormous rumor/offer.

One of the most ridiculous things about corporate America and Wall Street are the bids made for stocks in industries after enormous moves are made.

This wont be the last in the water industry.

Greed, Power and Ego’s will make this industry hot in 2007 and support any major selloff in the group.

Yaser also has some interesting water points in this blog post.

Here is Wallstrip’s take on the water industry and specifically – SUEZ.

Lindzon’s Top 10 Investment Themes for 2007…

I made predictions last year. Some REALLY good ones. I should be much wealthier based on these predictions, but alas, I am a wimp.

This year, just the themes I will be watching.

1. Commodities – For 2007 my focus will be more on water.

2. Mergers – a continuation of this trend. Bigger and Bolder and more egotistical than ever!

3. More IPO’s – I think entrepreneurs will show more balls this year and stop building to sell and start building to BE SOMEBODY! Update – Here is a recap of 2005 and 2006 IPO numbers.

4. Handheld Wars – NOT Music – Apple won that!

5. Internet – I will defer to Fred Wilson’s posts on 2007 themes. You should too.

6. Healthcare – This area of the stock market is sure to have some major winners. Sleep, Biotech, Infectious Disease. It would be great to see some major breakthroughs in 2007.

7. Inflation or Deflation – While that ridiculous debate continues that no one wins, I will focus on how can I make money off the areas of inflation and the areas of deflation in the global systems.

8. The Tapped Consumer – I am tapped. The average consumer is way past tapped. I am not shorting stocks, but I am tempted in stocks that are a play on the tapped consumer.

9. Porn – No explanation needed .

10. Broadband Internet Video. Yes – Fred is the internet guru in my eyes, but I feel I have some expertise here and there is likely to be some major busts and new winners in this space in 2007 and beyond.

Water on Wallstrip

I learned a lot from today’s Wallstrip show on water conglomerate Suez (SZE).

Look at the sweet trend in WATER.

Early in the year I bought into Powershares Water Resources (PHO) – an ETF proxy for water stocks. Their top ten holdings does not include Suez.

I will let the show speak for itself on the Company. The risks are discussed in detail.

In areas that I believe, but do not fully understand, The ETF is a sweet substitute for the individual stock. I may give away the homerun, but I participate in the trend without the day to day worries.

At this point I will be looking to add to my position in PHO on a new all-time high.

Disclosure – Long PHO