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*****I remember when we watched the Fed's every move. I remember when we watched who would be the next big record breaking IPO: $EBAY $ELNK $TGLO ... I remember when unemployment figures made the market day's decision, and when the consumer confidence was hottest, then came the housing market and bank interest rates. I remember arguments about who will beat out cableTV via the Internet Napster, Hulu, Netflix, or Apple.
We watched with confidence our economy rise and markets hitting all time highs and then in disbelief fall on news of bubble busts, attacks and wars.
That was then, and so it is now.
We watched Greenspan and we've been watching Bernanki and now we'll watch Yellen; We saw IPOs from $TGLO $AOL $GOOG $AAPL and now we watch $FB, $TWTR and the next high with a rising fever. Housing is gaining attention with talks about flipping and focus on increasing interest rates
$RIMM was the phone as $AAPL is now and we saw Netscape, $AOL Napster shine then fail with $NFLX $AMZN and $AAPL in TV biz. once more, who will shine and who will fail next, we must ask?
We're watching with confidence our economy rise and markets hitting all time highs and then ? In markets and life all things are in a cycle and importance of what, who and when is in the media.
Happy Trading, Living and Cycling
Anni
The Daily Pick - The WeeklyOutlook $DJIA $SPX $NDX
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