Bought another 1500 shares of ALU @ $3.27. On the one hand, it
shows no signs of bottoming, and it's anybody's guess how long this
market bloodbath lasts - probably way overdue. On the other hand,
what matters most is where ALU is in 2-3 years. If the global
economy collapses, then only beans and bourbon (and a shotgun to
defend it) has value, as I've said. If life goes on, the shares
bought now might look like a very good idea in retrospect.
Movement in the sector is, as usual, nonsensical - ALU and INFN
down, CIEN up - on no news I can find. Somebody likes
it, for some reason I will never know.
Amazon continues to work on ever shrinking delivery times. In
the future, perhaps they'll offer subscription deliery of the
following day's newspaper, and I can read the financial
section.