tag:blogger.com,1999:blog-2335748440449035592.post4127049278599675909..comments2008-10-17T11:32:06.299-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2335748440449035592.post-31250217772526213722008-10-17T11:32:00.000-04:002008-10-17T11:32:00.000-04:00I guess you were right, fundamentals totally mean nothing in this market. Blows me away how GOOG explodes, and ISRG is down 18% on earnings beat and raised guidance. Obviously the credit crisis hasn't effected them Q3, but it's like the experts don't believe the numbers...on the other hand, with GOOG they do believe they are immune to the credit crisis. I give up.crappyhttp://www.blogger.com/profile/17601884181311375715noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-22286373656130057542008-10-16T16:58:00.000-04:002008-10-16T16:58:00.000-04:00Down 5% after hours so the minions were not happy<BR/><BR/>at least Google came through- thats more important than ISRG to the market.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-56949983316705688612008-10-16T16:55:00.000-04:002008-10-16T16:55:00.000-04:00ISRG had a pretty monster quarter! These guys are consistently either good or better...although, a high flyer in regards to fundamentals needs only a smidgen of bad news in these times to take it down...crappyhttp://www.blogger.com/profile/17601884181311375715noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-63200269689946067792008-10-15T20:29:00.000-04:002008-10-15T20:29:00.000-04:00Greenspan's book should end up in the '50 cent bin' .. Volker warned him that the lending practices were out of whack as he handed him the keys to the executive bathroom. I never really was much of a fan anyway... His comments always seem so couched - Kinda like reading those horoscopes that could mean a variety of things. <BR/><BR/>Just noticed on CNBC that a lot of the airlines are showing green ... Can't figure that at all. Owning airline stock makes me itchy all over... <BR/><BR/>There are also a lot of interesting stocks that have come up through their weekly RSI 30 line... BTI, FRO, PDA .. Each one seems to have been pushed back down in the last hour of trading. Could be good for a buck tomorrow if we get a relief rally..<BR/><BR/>jeganjeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-36921843651670584172008-10-15T19:27:00.000-04:002008-10-15T19:27:00.000-04:00Offtopic... just came across a couple of Greenspan quotes from 2004 that made me chuckle...<BR/><BR/>"Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities. -- Greenspan, October 2004"<BR/><BR/>He's talking about liar loans in case you are wondering....<BR/><BR/>"The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions .... Derivatives have permitted the unbundling of financial risks." -- Greenspan, May 2005"<BR/><BR/>Unbundling of risks, eh?? This old fool is the #1 villain to blame for this mess, and he goes around the world lecturing people :|shaxmatisthttp://www.blogger.com/profile/07220757563758396222noreply@blogger.com