momomiester

Long Google, Again

The chart looks like junk and it a 300buck stock. When you have blue chips like INTC near lows and other major companies that if you buy you could make almost double your money, why would one mess with a tech company like Google where if competition developes it is only a click away? Risk versus return.

Welcome to the Google Economy

Well two things. One is that human nature doesn't change so neither does fear or greed. And two, I have tried to get google to mow my yard but it just doesn't happen. All this virtual crap is just that; crap. Google is built almost like a ponzi scheme of links and advertising and while it is quiet amazing, it is still just a tool. Myspace and Youtube are amazing also but really they are just enterntainment and a huge waste of time and productivity unless your actually watching training videos.

The last 6yrs was about the illusion of wealth through debt and asset appreciation. We inflated housing to the moon, inflation soared but the government did nothing but keep rates low. People felt rich as their jobs went to China and as more jobs were created to build up China. Of course China bought our debt and funded our fantasy. Now the gig is up and the bill has arrived in the mail.

Welcome to the Google Economy

hery