Deep Market Thoughts...Our Spirit is Broken Just Go Outside

You know it’s slim pickings in technology when Yahoo looks like the best internet stock. Seriously, at this point, Yang is best to go it alone rather than hand the reigns to Steve ‘LIP’ Ballmer. As for Carl Icahn, he should be buying graveyards, and biotechs aimed at virility, not web businesses.

The investment world is indeed upside down, but the TAPE never lies.

The financials were due for a massive rally and I played it, but technology stocks never budged,

It was quite obvious that technology stocks were cooked before the Microsoft earnings call and now Google implosion.

Crackleberry, Apple and Google barely rallied on the huge move of the last few days. They are broken. So is our investment spirit. Anyways, it’s the summer and you should have been mostly gone from stocks back in late January.

The only technology stock holding the market together is Salesforce.com and it can’t carry the Nasdaq alone.

This is a true bear market and it’s a game of attrition. I am LOVING it.