lt cap,
Interesting to watch Fisher ping and pong between defense of
what the fed did (the 'wealth effect' was a net 'accompishment'? I
don't know that that story is over yet), and wisdom about China
being too narrow a focus. And yes, it does feel somewhat like a
'storm' is gathering in the market, altho, yes, I did hear him say
something equivalent to 'flat at first' while the market digests
the (artificially induced) gains.
China as the 'whipping boy' makes me wonder why NOK, which I
think you said has a considerable stake in China, isn't being sold
off enough to be terribly noticeable since the fall started with
the new year. Doesn't make a lot of sense to me. My stance is, as
I've said, I'd like to accumulate more NOK but there may be better
prices if the market continues to stumble. I think CIEN has
some 'repair' and 'proof' to do to show that the long-term thesis
is correct, so I'm just going to sit with an underwater position
for a while and be patient. I'm undecided on INFN - If it goes
below 17 (yes, it did it again today, but not while I was awake),
it would seem like an awfully compelling covered call
play.
On Occulus rift - personally, yes, I'm quite interested. But
probably not at $599 if there isn't much content and they're
working out the bugs. A bit like 4k tvs,perhaps. I just don't know
how far along they are, and whether they've got a completed
product. Saw a survey that had way high numbers of people who are
interested in VR and would like to own such a product, and I do
think it'll be the 'next big thing' in videogames and such. But
timing and product are everything - I just watch it peripherally,
but the Nvidia Shield seems like a good idea on paper. I just don't
know anyone who is interested in it, and I think I keep seeing the
selling price eroding.
Unlike Jester, I am a pc gamer. I just built my first system,
with parts cheap enough so that if it blew up upon firing to 'on',
it was a learning experience. And it was, as it appears to be
working perfectly, much to my surprise. I haven't gamed with it
yet, but holiday sales had me picking up a Haswell-E 5930x chip and
Nvidia 980GTX on the cheap for the next machine. The Haswell-E's
a reasonable alternative to a system based on Intel's new
Skylake processors.