A friend of mine has done some extensive analysis of Google, concluding it to be a, "singular opportunity" and maybe the singular investment opportunity of our era. His name is David Gordon and his web site is worthy of your frequent attention, above and beyond about a half dozen illuminating posts on Google. I personally bought Google before I read David's thoughts on the opportunity it presents, but have since bought a lot more. If you miss the excitement that once was the stock market, picking stocks, trying to see the big picture instead of 5 minute bars, you'll enjoy David's blog.
As for me, April is none too soon gone and a fresh month of trading is upon us. The bullish case has come to a crucial point, at least as Harry Dent see's it and as descibed in my archives. Essentially there's about 300 Dow points of risk here that if taken out calls into question Dent's entire great Bubble Boom hypthesis. Against that risk is a minimum of 6,000 points of upward reward. Not a bad bet, if you are a betting sort, especially with market sentiment near historic lows by some measures.
With April earning season behind us and so many stocks wallowing near there 12 month lows, my expectation (read: hope) is that insider buying perks up in May, along with my "old school" day-trading system which I have noted in my previous blog has picked up a bit in the past week or so.
It's Sunday night here in the inland Northwest, my Mac's new operating system, "Tiger," is installed (brilliant!) on my Powerbook and I for one would be hard pressed to imagine things (read: life) doing anything but turning up in May. Of course, I've been wrong before.