When stocks reach the moon, it’s time to stop buying.

newt gingrich moon stock market rocket

newt gingrich moon stock market rocket Well… Newt Gingrich wanted a moon colony, I just didn’t think that the stock market would get there first. Down 100 points in the morning, rally to end the day flat.  Makes sense?

#(facebook + twitter + myspace)  = my-twit-face:  The movie was great. (David Fincher is a great director: Seven, Fight Club) Unfortunately I don’t see this a great investment,  Jim Rogers doesn’t either. On the contrary, Jim Cramer doesn’t want to “BUY, BUY, BUY” so that might be a contrary indicator. All I can say is that unless you have a co-located connection to the exchange and a super fast computer, I wouldn’t bother.  Yes, I know everybody uses facebook and you saw the movie. But consider 2 key issues to take into account. 1. Don’t forget private shareholders and secondary share holders will be dumping this stock to take profits.   (off the top of my head they have been holding shares for two years now…) 2. The twitter search frequency sentiment engines are already salivating at this IPO. I know my twitter search algorithm has already been tracking the symbol $FB. So if you want to short or go long, don’t worry the high frequency algorithms will be happy to front-run your trades.

#financial advisor: Email me if you are interested in recreating the Hardline & Quatro Kinectic porfolios for your clients.

#What the Republicans can’t seem to understand: The GOP Deserves to Lose: That’s what happens when you run with losers.  Think  of it more as a different perspective.

#House in Davos: Henry Blodget of business insider fame, was lucky enough to get an interview with Robert Schiller in Davos, the creator of the Case-Shiller 20-city Index of home prices. (Released tomorrow at 9:00 am)

#Greece: We are currently between stages 3 and 4 in the five part Greece flowchart.

#Developing: Will be submitting an application to the marketplace on stocktwits.

#back by popular demand & laughs:  Okay, I guess you could call this the honey badger market. (This might be the most profound statement on the blog today.)

#641: I track over 641 stocks, you can see where I stand on any position here.

 

 

 

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