2008 Stock Market Predictions - Technology Companies Will Prosper?

Yeah good call Shazz

I'm buying!

 

Buy 25% of GOOG now, wait to see if it goes down lower and monitor it.

SIRI Im looking at for the next month

 

Very good call Shazz, you were very right to suggest that. And, you too, wisdomtool. Can I hire you guys?

How about this Microsoft bid for Yahoo? Wow, YHOO is up 50% this morning. I think this is a sign of how scared these two companies are of the big GOOG, though. And, ouch MSFT is down 5% after this bid of theirs.

 

I don't get this, terrible job numbers were posted, the first decline in like 5 years, and people begin to buy?

 

I see the technology bubble popping. Google and Apple have been riding the tech wave for a while now but I don't really see much coming out of it anymore. Technology has been known to be an on and off thing and I personally feel that Google and the internet has had enough. I mean, how much can you exploit out of this resource?

To own and manage a website costs next to nothing and 13 year olds are becoming professionals at it. Buffet knows tech is a bubble; his portfolio reflects next to known tech stocks.

I see consumer goods, energy, or raw metals making a comeback.

 

tech companies have been on a downslide for quite a while now...
so, i guess they had to move up & prosper at some point of time!!

 

Yes Im up for hire

After the many rate cuts, people felt they didn't own enough stock lol

 

Banks took a nice hit today. Everyone seems to be waking up from that coma they were in last week where they seemed to think it was a good idea to buy stocks, especially bank stock.

And shazz you continuing to hoard away GOOG?

 

I think you're crazy messing with mainstream stocks at the moment (which includes tech stocks) given the current economic situation.

Agriculture is where you want to invest.

The real price of food has gone up 75% over the last few years. This is due to rapidly increasing demand and lowering supply.

Demand is coming in hot from China for beef. Consumption per person has more than doubled since 1985. A lot of grain is needed to produce this beef.

But that's not all.

Grain stocks are now being increasingly used for ethanol and there's been a drought in many top producing areas. You need 8kgs of wheat to produce 1 kg of beef. One tank of SUV ethanol = enough wheat to feed a person for 1 year. Wheat has doubled in price over the last year.

http://www.economist.com/opinion/displaystory.cfm?story_id=10252015

You can invest in agriculture through eft's.

 

This is what I have to say about google: http://forums.digitalpoint.com/showthread.php?p=6426039#post6426039


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Ladies and Gentlemen, I would like to announce that really soon you need to get back in the tech sector. Solid compaines stocks such as Oracle (ORCL) a CEO that can sell a million shares whenver he picks up the phone. Earnings reports are always better then expected.

 

I wouldn't touch the tech sector. And it looks like Wall Street couldn't give two shits about earning reports, remember MSFT?

 

There is a worldwide shortgage of gain and in 5 of the last 6 years the world has consumed more grain than has been produced.

Worldwide grain reserves stand at 56 days supply down from 156 days supply in the early 1990s.

 

Wheat really doesn't produce high yields. The avearge yield is 24 bushels per acre vs. 200 bushels per acre of corn produced per acre in the US corn belt.

 

Bah, google is not going to show that good of a rebound. Im done with it, Im done with tech stocks. Ill be back with tech in Augest. Bye