Thursday, December 27, 2007

Markets are hurting with assassination & economic data !!

Markets are taking a tumble after hearing of the assassination of former Prime Minister Benazir Bhutto.......whom I had the privilege of meeting once......

A tragedy for Pakistan & Free World...Benazir was Educated @ Boston College & Harvard and was forward thinking and a "moderate"......

I am "stunned & angry @ her murder"...feeling embarrassed to be a Pakistani........

Was exchanging email & phone calls with many friends who are equally in shock & horror......

Sorry for taking so much space which may NOT concern others......

In market.....two set of data which came this AM are hurting market......also .......

In my portfolio :

BIDU,AAPL,RIMM & MA are UP......

LDK alongwith other solar stocks are taking on the chin...down $3.11.....

Ag stocks got a big boost from GS with a buy rating on POT & AGU.....targets increased on all...

AMZN & DRYS are strong.......

Please continue doing your due diligence and position properly for 2008.....

BLOG does NOT give buy or sell.

Saleem

10 comments:

Ken Newell said...

Thank you Saleem and Baljinder for your advice regarding tax preparation.

I think many Americans and people around the world share your shock and dismay over the death of the former Prime Minister of Pakistan. She seemed to be a ray of hope for many people.

Ken

Stocks100 said...

Hi Ken,

Thanks for your condolence.

My wife went into shock on hearing this news.....

Had to make a big effort to calm her down.....she is from Nepal..but like many people had developed an intense liking for her.

Not a good day for some of us.

Saleem

Doug said...

Saleem, I am sorry to hear that your lovely Wife is taking the news so hard. Our hearts go out to you, your Wife and all of the world, as a bit of hope left the world today, with the loss of Benazir Bhutto.

Stocks100 said...

Hi Doug,

Thanks for your sympathetic words.

My wife is OK now...but we both are NUMB with this PREVENTABLE horror.

Saleem

madmax said...

SALEEM
The world lost a kind and gentle person. Packastan and hte world will not be the same.

Please tell your wife that life goes on and to lose a figure bigger than life itself is so hard on us. I just wish hte world peace and no hating and no killing nothing good come of it.
So sorry, I wish I had better words. A light that was lit has gone out!
Madmax

Stocks100 said...

Hi madmax,

Thanks for your words of wisdom.

We all pray for peace on earth.

Saleem

madmax said...

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BURLINGAME, CALIF. - Want a coffee with your iPhone?

Apple (nasdaq: AAPL - news - people ) Chief Executive Steve Jobs wants to patent a process that will save customers the hassle of waiting to order a cup of coffee at a local Starbucks (nasdaq: SBUX - news - people ) or a fresh burger at the nearest fast food restaurant. Even better: The technology would let you jump the line of those ordering in person.

In an application with the U.S. Patent Office filed on Dec. 20, the Cupertino, Calif.-based computer and gadget company described a wireless system that would allow customers to place an order at a store using a wireless device such as a media player, a wireless personal digital assistant or a cellphone.

The system could go far beyond the program that Apple announced with Starbucks in September, which allows iPhone users to press a button and wirelessly download the song playing in the background as they sip their soy lattes.

Apple's application with the U.S. Patent and Trademark Office describes a process for placing an order and then notifying customers when an order is ready to grab at a pick-up station. One goal, the patent application notes, is to avoid an "annoying wait in a long queue if the purchaser arrives before completion of the order."

U.S. Patent Application #20070291710 describes a device that also would keep tabs on where a user shops and what he or she likes to buy. Computers at participating stores would keep track of regular customers and their favorite orders.

Customers might tap a button to order their favorite drink, say a double-shot mocha, as they stroll up to the nearest coffee shop. When the drink is ready go to, the device--such as an iPhone--would chime or blink to let the thirsty one know it's time to scoop up the order at the counter.

The patent puts Apple's partnership with Starbucks in a new light. The technology promises to morph Apple from the business of simply selling gadgets and music and movies that can be played on those devices into an intermediary in all kinds of exchanges.

Apple is notoriously tight-lipped about its future products. But head honcho Jobs has also said that he believes the innovative insights at the core of the iPhone all start in the software built into the device, not its sleek form factor.

Apple applied for 12 patents in December, and was granted eight others, giving investors and Apple fans an idea of where the secretive company could be headed next.

Most cover relatively mundane technologies. Others, however, have stirred interest. Patent application #20070288886, unhelpfully titled "Run-Time Code Injection To Perform Checks," describes a system that would restrict the use of some software to "specific hardware platforms."

The application, published Dec. 13, suggests Apple could adopt something similar to Microsoft's (nasdaq: MSFT - news - people ) widely criticized Windows Genuine Advantage copy protection program, which checks a user's machine to confirm that it is not running a pirated version of Microsoft's software in exchange for access to certain software updates.
SALEEM you may have seen this news>
MADMAX

Stocks100 said...

Hi Madmax,

Thanks for posting the news.

I have seen the news..but others may not.

Saleem

Bruce said...

Saleem,

Sorry to hear about Prime Minister Bhutto. She appeared to be a person who had much love for her Country. Hope all works out for the best of Pakistan, as its security is of vital interest to the USA and the free world.

As to the stock market, NOT a good day for me. Down <2.68%>. Tomorrow is another day, hopefully better one for the world and the stock market!

Stocks100 said...

Hi Bruce,

Thanks for your note of concern re events in Pakistan.

Benazir Bhutto was extremely bright and a fearless human being.

Great loss for moderates in Pakistan....

Dow & Nas took a beating and took most stocks down......

Yes....friday is another day but MM & hedgies are in control for YE game ???

Saleem