A word on AMD…
I hope Hector Ruiz get’s a punch to the face.
He sucked at Motorola and now he’s screwing up AMD too.
He bought ATI for billions of dollars more than he should have. And he did it using all of AMDs cash. Now, AMD is looking for ‘investors’ just to make it through the year. Is it any wonder they’ve dropped from $40 to $7 a share?
Talk about a trainwreck.
But who knows. In 20 years, Hector Ruiz might become our next president. And if AMD ever turns around, he’ll try and take the credit too. That freak.
Categories: Stocks Tags: MOT AMD, Motorola Hecto Ruiz
This Market’s Jacked Up!
Yesterday the Dow Jones goes up over 100 points and ends the day down 40.
Today the market opens down over 100 points and is now up over 100.
It’s finally become clear to me: This market is jacked up!
And I blame it all on the Fed. Had they not dropped interest rates, maybe, just maybe the stock market would still be falling.
I say we need a Black Friday type of crash. Something that scares the crap out of the cocky longs and makes them sell everything in a fit of panic.
Categories: Short Term Timing, Stocks Tags: black friday, Dow Jones