Market Crash?
- Posted by Howard
- on March 2nd, 2008
You never know. I would not be surprised.
The rally was absolutely pathetic with respect to new highs.
Tonight, the Nikkei has opened down 500, Israel and Hammas are bombing the snot out of each other (it never stops, but it’s making headlines again) and we have Medvedev sweeping the Russian Election (he likes Rock and Roll so I guess that’s bullish).
I will do even less than I have been doing and focused on helping my portfolio companies.
It does not help that Microsoft and Vista continue to suck more balls than Sarah Silverman, the Yahoo merger is a pathetic idea (now down 20 plus percent since the announcement) and that the useless EU just keeps suing Microsoft to make up for Bush’s weak dollar policy.
The weather is too good and the kids too much fun to get involved calling tops and bottoms. Do not be a hero here.
UPDATE – It might be a good week to try this put as well .
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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