Reading Time: < 1 minute Yesterday one of the big news (Reuters) in the technology arena is the down of Blackberry (a.k.a., the Crackberry) email sevice in north America. This obviously has huge impact on the business and goverment users as they rely on device for email. But how could this happen? Isn’t blackberry supposed to be more reliable than

stlplace
February 12, 2008

Reading Time: < 1 minute Dow Jones Industrials Average (DJIA, Wikipedia), commonly referred as Dow Industrial Index, is widely perceived as the benchmark of the US stock market. This perception is not necessary a reflection of reality, as I said in my earlier post. Today Dow underwent another tweak: from Feb 19 it will remove Altria (MO, today’s closing price

stlplace
February 11, 2008

Reading Time: < 1 minute Peter Lynch once described our human’s psychology about stock market during different cycles, in his book One Up on Wall Street. I remember he used a party as an example, and he looked at the number of people approached him (people know he is a fund manager), and the amount of conversations about stocks, as

stlplace
February 11, 2008

Reading Time: < 1 minute I closed the Amazon Feb $65 puts last Wed, when I saw the stock dropped to around $68, which is the low point the day after it released Q4 earning. Lesson learned: 1) short/put a stock is much harder than I thought. I started this trade because I saw EDU, AAPL, and VMW all dropped

stlplace
February 9, 2008

Reading Time: < 1 minute It appears Politicians are not the only flip floppers. The reason we should not follow analyst blindly. Citigroup Global Markets analyst Jim Suva, talked about RIMM on early Feb (source: seekingalpha): “Overall, we believe the points brought up during today’s call are highly supportive of our bull case on RIM. Concerns regarding financial services exposure

stlplace
February 8, 2008

Reading Time: < 1 minute According to my friend Wang Jianshuo (and he got it through CCTV), Chinese people sent 5 billion text messages (SMS) for the New Year Greeting. Separately, I picked up more China Mobile shares (CHL) today. Average down is not the best approach, I may sell some CHL (I bought at higher cost earlier) later on,

stlplace
February 7, 2008

Reading Time: < 1 minute In this bear market, we can watch Cramer, read WSJ, Yahoo Finance, Google Finance etc. But all this can not substituted “reading what the real masters are thinking”. With that in mind, here is Buffett’s talk about US economy Money available, cheap, due to rate cuts, quote the article: Buffett said that what has taken

stlplace
February 7, 2008

Reading Time: 2 minutes For entertain purpose only, note I am not endorsing any one of the canidates πŸ™‚ Super Tuesday surprise 1) Huckabee won 5 states in the south. Mitt, your “Huckabee is a spoiler” talk backfired. 2) The show me state (Missouri) voted for change; the coastal state (NY, CA) voted for more of the same. The

stlplace
February 6, 2008

Reading Time: < 1 minute The unexpected snow storm hit China hard, at the worst time it could find: the Chinese New Year, when billions of people travell to their home to be with their families. Here are some places that could use our little help. 1. China Snow Storm Disaster Relief Fund, the money will be forwarded to Red

stlplace
February 6, 2008

Reading Time: < 1 minute Last night is the last trading day for Chinese domestic stock market, for the year of pig. According to Google Finance, the index is up 72.09% in the year of Pig. The index closed at 4,599.70, a tiny bit shy of 4,600. Shanghai composite has been up BIG two years in a row. Guess that’s

stlplace
February 5, 2008
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