Tuesday, February 07, 2006
A few numbers make me think the "echo bubble" is worth another look. But first, back to the aim of this blog and the site to look at a 'cybercrash'. The internet is a wonderful thing and will repay support for a better future. It is as inspiring as cut flowers during a bleak winter in northern Europe. As entertaining as radio in the twenties. In fact it will extend the radio boom indefinitely, now with podcasting etc. And a screen at home is better than any tulip.
The scale of the first crash around 2000 is already enough to make a case for something significant as innovation. It may not matter much whether the long term upwave has already started or whether there is a current "echo bubble".
However I think the "echo bubble" explanation is most likely. There has not yet been any major impact on the wider markets. Ideas around upwaves have to accept the idea of a downwave, lasting for some proportion of time.
GOOG, AMZN, and AAPL have each done well in sales and profits, but not as well as expected. GOOG started Jan above 450, now below 400. AMZN now 38,was almost 50 in Dec. AAPL 85 early Jan,now 67. Have a look on Bigcharts.com for an update / charts over time.
Couple of other bad signs
London society is back to 'party like it is 1999' with Second Chance Tuesday
The lead graphic is tumbling dice. London stock markets host the gambling that may raise a legal issue in the US. Most of the business proposals are around marketing rather than technology. The UK economy is currently based on London but what London is based on is a bit of a mystery.
In the case of AAPL, there is a case being made for selling short. Look at the longterm chart for a clue. Try 'All Data'. Why is there no major peak for when the Apple II came out? that would have made some kind of sense.
Of course Apple make wonderful kit. And I could be way off beam. I asked a question about the Google share price in OhmyNews last August and it continued on up.
If the echo bubble is coming to an end, this could be a time to support GOOG, AMZN, and AAPL. AMZN is a bubble stock. GOOG and AAPL are echo bubble stocks. We may soon be going back to an environment where people claim there is no basis to what they are trying to do.
The scale of the first crash around 2000 is already enough to make a case for something significant as innovation. It may not matter much whether the long term upwave has already started or whether there is a current "echo bubble".
However I think the "echo bubble" explanation is most likely. There has not yet been any major impact on the wider markets. Ideas around upwaves have to accept the idea of a downwave, lasting for some proportion of time.
GOOG, AMZN, and AAPL have each done well in sales and profits, but not as well as expected. GOOG started Jan above 450, now below 400. AMZN now 38,was almost 50 in Dec. AAPL 85 early Jan,now 67. Have a look on Bigcharts.com for an update / charts over time.
Couple of other bad signs
London society is back to 'party like it is 1999' with Second Chance Tuesday
The lead graphic is tumbling dice. London stock markets host the gambling that may raise a legal issue in the US. Most of the business proposals are around marketing rather than technology. The UK economy is currently based on London but what London is based on is a bit of a mystery.
In the case of AAPL, there is a case being made for selling short. Look at the longterm chart for a clue. Try 'All Data'. Why is there no major peak for when the Apple II came out? that would have made some kind of sense.
Of course Apple make wonderful kit. And I could be way off beam. I asked a question about the Google share price in OhmyNews last August and it continued on up.
If the echo bubble is coming to an end, this could be a time to support GOOG, AMZN, and AAPL. AMZN is a bubble stock. GOOG and AAPL are echo bubble stocks. We may soon be going back to an environment where people claim there is no basis to what they are trying to do.
# posted by will789gb : 3:06 AM
