Everyone talks about how problematic Greece or Dubai is. But this downgrade of Greece does not smell right! Yes, yes Greece has problems, but why pick on Greece? Why focus on Greece? What did Greece do? Again not to say Greece does not deserve it, but why only Greece? Consider the following two articles: (1,2) (more…)
Asia will continue to dominate. As I was talking to some people working in the industrial sector, they told me, “Asia is the only place we are making money.” Though this domination of Asia has an interesting side effect and a new set of “borders” are being created. I suggest that you watch the following (more…)
I think 2010 is the year where we might see a dramatic change in how the world sees the US. And this year it all depends on the voters and the Fed. I actually can’t say whether America will go up, or go down. What I am predicting is that this is the year when (more…)
I have been way, way to long from writing this. But the reality is that I really did not know what to say because I was confused and perplexed about the market. Today when I watched Cramer I finally decided to take the bull by the horns and release all of my predictions that I (more…)
It seems that this December will be the best December for the NASDAQ since the bubble years… Hmm… No problem here… Amazon PE = 82.98 Google PE = 40 Apple PE = 33.73 RIM PE = 20.36 Outside of RIM the valuations are just as bubbly! 83 PE for Amazon! Yeah yeah Cramer said this (more…)
Yes, now the next rating agency has decided to downgrade Greece. Not to say that one should not downgrade Greece. "The government remains committed to the implementation of the reforms announced…and will intensify its efforts to restore the viability of fiscal and economic trends in Greece," the statement said. We shall see… But what gets (more…)
Let’s go through my 2009 predictions and see how they did. Land of Perception: Ok this is dead easy, yes I was right. The bears could not believe what was happening and if there ever was a rally that had so much negativity this year was it. You only need to read the bloggers; Peter (more…)
Ray made the following comment: This type of commentary cracks me up, do you retract it if gold is up on Monday? I personally believe it’s crazy to be putting money in stocks or thinking the dollar will rebound but I don’t jump off a cliff based on each single days activities or call people (more…)
I have heard from friends and colleagues about our vote. You know the vote against Minarets. What is interesting in this vote is that right parties in Europe congratulated Switzerland. Muslims are angry, and the debate goes on. But what I wondered is how come? Why did the vote go through? It seems and this (more…)
My oh my Peter, on the 24, Wednesday of this month you said “don’t worry [about gold] they will be stampeding out of paper and the US dollar.” He then went on to say, “You talk about a flight to safety for the dollar, I don’t think people will make that mistake again.” Oh really (more…)
