My mom called me from overseas. Asked me how the VIXX was (thats the index that measures volatility in the market) before she asked me how I was. Ha. I told her I am fine and had started a blog and I had promised myself to write a post in my blog every week day. She thought that was a good way of keeping in touch with the market but was afraid I would not find time to keep in touch with her, then?
I see from last week, that one of my picks JOYG ran up 4 bucks and also IBN, the Indian finance play, ran up 3 bucks. Not bad. The others are mostly where they were but are showing signs of stirring. Just a reinforcement- BRCM-32.7- screaming buy, EBAY-33.7 screaming from the bottom of my vocal chords...BUY, PTEN-21.25 aint nothin wrong with this one cept for the single-digit P-E ratio- what? TSL is a speculative buy- at 40.50 today its just getting ready for the climb.
Theres no madness today. Just a little bit of a reaction to the housing numbers- one should stop looking at them- all is discounted as far as housing numbers goes, I would say. The recession in housing is old ... it did not take the economy into one, is commendable. For now, I am in the bullish camp, though watching from an elephants viewpoint. CALM and collected... until I have to run...
Stay tuned... for more... monas market insights will make you smile.
Monday, August 27, 2007
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