Gyroscopic Investing

Posted: **Fri Jul 17, 2015 2:17 pm**

Wow.
http://www.marketwatch.com/story/google ... 2015-07-17

tl;dr : just look at the price & change.

Posted: **Fri Jul 17, 2015 2:24 pm**

Well, now that I am in the PP, I suppose I should be happy about seeing stocks surge at times.

But I tell you, much of the tech sector (Netflix, Amazon, Intel, etc) certainly have not deserved the runups they have had and I fear it will crash harder than ever (someday, maybe after I am dead) .

There apparently is no where else for money to go. Can't go to China, can't go to Europe, can't go to gold, only sometimes goes to bonds.

Posted: **Fri Jul 17, 2015 7:41 pm**

Cortopassi wrote: Well, now that I am in the PP, I suppose I should be happy about seeing stocks surge at times.

But I tell you, much of the tech sector (Netflix, Amazon, Intel, etc) certainly have not deserved the runups they have had and I fear it will crash harder than ever (someday, maybe after I am dead) .

There apparently is no where else for money to go. Can't go to China, can't go to Europe, can't go to gold, only sometimes goes to bonds.

If you look at Amazon's chart vs. the XLY retail index or even another "retail" company like ALK (alaska airlines), the charts are more or less the same...basiacally anything that's dependent on consumer spending is all rocketing up in tandem right now. I bring this up only to say that the consumer retail sector is going crazy right now, and the mania isn't necessarily confined only to certain stocks.

Gyroscopic Investing

Amazing day for Google today (17 July '15)

Amazing day for Google today (17 July '15)

Re: Amazing day for Google today (17 July '15)

Re: Amazing day for Google today (17 July '15)