Today on Fast Money I heard the following:

I don’t care what the price of Microsoft is right now I want to buy in.

This is a clear sign of a bubble. I was talking to a friend and he said, “you know this feels very similar to the dot com bubble.” I completely agreed. He said the higher we go the harder we crash.
I hate being bearish, but I am becoming freaked out because what happened today with such poor economic numbers in employment (Eurozone, US, Canada) is simply not sustainable. …

So I watched the new announcements of the Microsoft Slate and how “everybody” seems to be underwhelmed. Wow, really? Granted it is not that exciting of a topic, but I am not underwhelmed at all.
Actually I am glad Microsoft did what they did. They showed a product that actually looks usable and is not built on hype! In fact I was talking to my wife tonight and thinking that we will be buying this slate from Microsoft. It actually looks like the device I want, and it will definitely put …

The tablet form factor is about to get very very interesting. Lenovo just made a bunch of announcements on new devices including a tablet.
I looked at the specs of the tablet and have to say I am impressed. But what impresses me even further is the price:
Like the Skylight, Lenovo’s asking for $499 for the IdeaPad S10-3T, but unlike the Skylight, the S10-3T looks like it’s actually worth the money.

All I can say is wow! That is very affordable and I am tempted to believe it will trump the Apple …

Patrick in my blog entry on the bubble asked:
At times like this would you consider writing puts on stocks you might want to pick up should they retrace 25-50% of the rally?

Quick answer: No…
Why? Because it costs too much. In addition to my contrarian investment strategy I sell premium. And what I have seen is that in the past four to five months there have been plenty of people buying puts and seeing them evaporate with a zero value. If you do this time after time after time you loose …

I just read the news from WSJ on the iTablet. My wife wants to buy an AirMac, and I have an iPod Touch and am about to buy and iPhone. Recently I had a Powerbook. But I will not be buying an iTablet.
Why?
Cost! At a 1,000 USD it is simply to expensive as a secondary device.
My wife has a netbook and she loves it. It is portable, runs fast enough and let’s her do the things that the iTablet is geared towards. I am very sure we would love this …

I am right now about 72% cash or cash like instruments. When I hear about all of these upgrades and how things are going to get better, and better, and better I just shake my head and say, “folks we are in a bubble.”
Yes, yes the market keeps melting up. But I recently did a scan of contrarian stocks. Want to know how many were spit out? 4! Out of approximately several hundred thousand equities, 4 were spit out! If I loosened my criteria a bit then 30 were spit …

Yesterday a business colleague asked me what we here on this side of the pond think of the global warming scandal. You know the one where they over dramatized global warming. I replied, “we are basically not ignoring it because we are experiencing climate change first hand.”
Yesterday it started snowing by us in Switzerland. It was not the first time this year. About three weeks ago the mountains received their snow fall. The thing is that climate change is happening and while many will say “see they over dramatized it.” …

Everyone talks about how problematic Greece or Dubai is. But this downgrade of Greece does not smell right! Yes, yes Greece has problems, but why pick on Greece? Why focus on Greece? What did Greece do? Again not to say Greece does not deserve it, but why only Greece?
Consider the following two articles: (1,2)
Greece has an estimated 2009 public debt level, which is 113.4 percent of GDP and a 12 % deficit. Sounds bad, yes? Why not look closer at the UK.
Ireland is projecting a budget deficit of some …

Asia will continue to dominate. As I was talking to some people working in the industrial sector, they told me, “Asia is the only place we are making money.” Though this domination of Asia has an interesting side effect and a new set of “borders” are being created.
I suggest that you watch the following video, and you will get an understanding of what I mean. As you will see from the video the success of China is its ability to stay away from external military conflicts.
 
Interestingly he did include the …

I think 2010 is the year where we might see a dramatic change in how the world sees the US. And this year it all depends on the voters and the Fed. I actually can’t say whether America will go up, or go down. What I am predicting is that this is the year when America changes.
My thinking is that the Fed is indeed printing money like there is no tomorrow, Bernanke is still finger pointing, and the government is still spending like a drunken sailor. All of these problems …