RSS FeedAnother Bubble
Posted by Senan
The Market
We've had a few days over the past couple of weeks where share prices have retreated. However, there have been as many days where the share prices have popped.
Of course I've no detailed technical analysis or mad charts to show you, but to me this all feels too frothy. It feels like the market has once again become over-inflated based on wafer thin glimmers of hope and ompimism. The reports continue to pile in; such as jobless data and consumer price index data from all over the world. Alot of individual wealth managers and investors are coming out proclaiming that all is now once again rosy in the world. Mergers and aquisition activity is hotting up which is adding further fuel to the flame.
For now I'm sitting on the sidelines. I have my eye on a few smallish-cap companies, but I will only buy on weakness. For example: E*Trade, GigaMedia, InLand, Ashley House, and OceanFreight Inc. Each of these has had it's own unique problems of late, but I think there is potential.
Lisbon 2
We're almost at media blackout time. No matter what your persuasion, go out to the ballot boxes and exercise your right. I'll be voting 'Yes' for my own reasons but hopefully collectively we will come to the right decision. After a quiet start the debate finally got going over the past 10 days and both sides wheeled out their big guns...the likes of Declan Ganley, Michael O'Leary, and the Big Party politicians.
Above all else, I hope you get some element satisfaction from this website. Be it on an educational level, or for entertainment, or
mental stimulation, ...or just somewhere to pass 5 minutes! This spot is an informal look at the world of money, finance,
investing, busines, politics, etc. etc.
