Google Goes .edu

Today USC announced a partnership with Google that will give USC students access to a special USC version of Google Apps. I have 2 classes this semester where all the projects are done in groups. We are using Google Apps to write all the papers, take notes, and make outlines. I even have to do a powerpoint presentation next week. Since I just got access to the new presentation software I am going to HAVE to use it :)

I am glad to see USC is teaming with Google for this. Collaboration software is so important in business and education it just makes perfect sense. My school forced me to take a Microsoft Office Class. A Google Apps class in the curriculum is the next step.



CROX

Ive watched CROX run up ever since its IPO. I can not believe the amount of hype around these foam pieces of shit shoes. These things are a fad and this stock is going to die. I have been patiently waiting for a good time to short and I think the time has come.
With yesterday's rate cut, the market is up over 400 points in 2 days. Today the market is booming up 100 points and CROX is lagging hard (down 3%) while every stock on my radar is green.

Crocs has a large short interest, 16% of the float.
I am not the only one who wants this thing to tank.

The resistance is at $62.
It is currently banging on the support at the $55 level.
The next support level down is at roughly $49.

I am going to try and short this thing down to that level.



Greenspan Makes His Prediction

Today Alan Greenspan (former chairman of the federal reserve) predicted that the stock market is about to crash. Great...

"The behavior in what we are observing in the last seven weeks is identical in many respects to what we saw in 1998, what we saw in the stock-market crash of 1987."


If I am going to believe anyone, its him, hes been there, seen these things happen, RAN THE SHOW. He is the only person in the market that I respect more than Cramer.

Source



I want $200 worth of Ringtone Credit

So Jobs lowered the price of the iPhone to $399... gave me ringtones which I need to buy...
Did I just pay $100 a month to be one of the first people with an iPhone?
I can alllmost say it was worth it!? =)
Jobs owes us.





Time To Get Serious

SIRI has been a hot stock since day one. It is super hated on because frankly, no one listens to satellite radio. Sirious and XM have announce a planned merger for some time now and have not yet gotten the gov. approval. This has been the longest approval process ive ever witnessed leaving many to believe that it is not going to happen.

Today, former FCC chairman, Mark Fowler made public that he is behind the merger and believes it will go through. Investors have been waiting for a catalyst and I think this is it.

I am going to buy half a position now and probably another half when more news is released.

Bought half a position @ $3.08



Gmail Video




VMW- Moving Too Fast

This morning VMW opened @ $70.18 after closing yesterday at 65.99!
The reason... Jefferies (some monkey analyst) raised their price target from 71 to 74. When I saw this thing high flyin i put in my sell order at 74. If it went to that target on the same day it was set I was sure it would sell off.

So what happen? VMW soared str8 to 74... well 73.95 anyway! This didnt pull my trigger so i had to adjust down to 73.50 where I did get my fill. I will DEFIANTLY get back in this stock, maybe trade it a little. Either way this stock is staying on my main watch list.

Bought Aug. 15 @ 51.99
Sold Aug. 22 @ $73.50
+21.51 per share
+41.4% in 5 trading days

I think this is my all time record... Ill havta check.






JMBA- Cutting Back

I have to cut back on my Jamba habbit. The stock didn't do what I expected so I need to get out. I am going to sell half of my position today and hope for a nice bump so i can sell the other half. I can't be hanging on to trades like this.

Sold half position in JMBA for 6.78



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