May 14, 2012

SELL APPLE TO BUY FACEBOOK? SMART IDEA

The initial public offering of Facebook is one of the most eagerly awaited events that I have witnessed in my 30 years in the market. In the same 30-year period, I have seen very few companies accomplish what Apple has accomplished.

I’d say that the probability is very high that Facebook will beat Apple hands down where it counts–return on investment–and that Facebook stock purchased in the IPO may beat the return on Apple over the next four years.

Let’s compare the two

Recreation

Sometimes a unique set of events give birth to an enterprise in a manner that it cannot be recreated. … Please click here or the title below to read more.

May 14, 2012

STAY SHORT ON GOLD

This post was just published on ZYX Short Sell Change Alert.

Gold plunged through support at $1565 on really bad news from Greece. This shows that trading in gold is still in the hands of the momo crowd.

Long term investors tend to buy gold on bad news not sell. Clearly selling by the momo crowd is overwhelming buying by the long-term investors. Our data shows that momo crowd has incurred huge losses in gold and silver this year and now they are in the stage where panic may ensue. It panic ensues, $1450 is the next target.

The track record of the momo crowd is that they buy on good news and sell on bad news which is contrary to the behavior of long-term investors in gold. … Please click here or the title below to read more.

May 14, 2012