But I still have to ask the question, "What will lead us out of this bear market?" I've still not seen any piles of sparkling jewels hidden in the bushes like in some video game. In fact, I feel like I'm in one of those video games....going round and a'round because I cannot find my way out. Attacked on this side, that side by evil gnomes wielding sharp instruments. Wizards in the distance saying come here, go there and all will be well.
I'm putting on my magic cloak that makes me invisible and mutes everyone else.
I have a subscription to SFO magazine (www.sfomag.com) There was a wonderful "Tech Take" at the end of the June 2008. You can find the article here. I strongly urge you to read it. I only recently found it in my reading basket in the WC. You gotta make good use of your seat time!
- Meredith Whitney seems to have incontrovertibly won in the bank analyst smack down with Dick Bove.
- Letting Lehman fail---that the ramifications of this were not apparent to those making the decision makes me less confident.
- Though I've been on the fence about the election, I have made my choice--not so much through my being enamored with my choice, but rather through my ruling that I was completely incapable of voting for the other candidate. I consider it my duty to choose as a citizen between the two candidates offered. So there....I've made my decision without offering a disparaging comment about the other candidate!