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Author:

Jam ok

Subject:

Off Topic

Date:

08/21/15 at 2:23 PM CDT

 

 

READ: 6

RPLY: 1

1

0

RECS:0

Sentiment:

Neutral

OT - ALU etc

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.

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