Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM EST Monday, July 17, 2006: Cash
is king. The stockmarket is not the place to be at present. It doesn't
like what might happen in the Middle East. The facts:
1. Israel must stop Hezbollah and its increasingly long-range deadly rockets.
2. Iran provides Hezbollah funding ($100 million a year plus) and rockets --
10,000 to 20,000 of them, so far -- but can keep providing them forever since
borders are so porous.
3. The rockets are dispersed throughout Lebanon. Without a house-to-house on-the
ground search, no one can find and destroy all of them.
4. Israel's present tactics will bring increasing resentment, but not a ceasefire.
5. This morning there is news that Israel has moved into Southern
Lebanon and Hezbollah has shot down as Israeli F-14.
Could this escalate into "regime
change" in Iran and $100 a barrel oil? If so, the consequences for the
world economy and its stockmarkets are not good. Anticipating gloom and doom,
hedge funds are already pummeling markets. It's short-term heaven for short
Earnings season begins this week. It won't be strong; Earnings are weakening.
They won't count for much in the face of the escalating mess in the Middle East.
news: Cramer's weekend one minute commercial pushes the idea that it's OK to
sell fallen stocks. He still hasn't embraced our 15% stop loss
rule. But he will, because it works.
news: Stocks will soon be real cheap.
news: The Group of Eight nations -- Canada, France, Germany, Italy, Japan, Russia,
the United Kingdom and the United States -- have failed to condemn Hezbollah's
Syrian or Iranian sponsors or demand an end to the conflict that's caused gold
and silver prices to jump and driven world stockmarkets lower.
Vision files NDA application: Its drug AzaSite checked out. InSite
filed an NDA (New Drug Application) with the FDA and expects to be selling the
drug next year. It treats bacterial conjunctivitis (i.e. in the eyes). The stock
has fallen because the company has been late in revealing which big pharma will
market AzaSite. There are sound reasons for the delay. I bought some more ISV
biggest bargain ever: If you ask, the Feds will give you a 48-page
passport, double the size of the normal. The bigger size is free
and incredibly useful, given how quickly passports fill with stamps. You can
renew even before your passport expires and get a bigger passport by mail. Click
safety tip: Put your car keys beside your bed at night.
If you hear something, press the panic button for your car. The alarm will go
off. Your horn will sound until you turn it off or your car battery dies. It
will scare the hell out of a burglar and your neighbors.
glue keeps cords joined: All those laptop and
cell phone cords slip apart. My solution: Crazy Glue them together. Works like
hot. Save your skin: Courtesy The Wall Street Journal and
1. Sunscreen with 30 SPF.
2. Apply 20 minutes before going out.
3. Use everywhere, especially exposed chest, and back of hands.
4. Wear protective clothing and stay out of the sun.
to give "stupid joke" a whole new meaning:
A woman was having a daytime affair while her
husband was at work. One wet and lusty day she was in bed with her boyfriend
when, to her horror, she heard her husband's' car pull into the driveway.
"Oh my God
- hurry! Grab your clothes and jump out the window. My husband's home early!"
So the boyfriend
grabs his clothes and jumps out the window!
As he ran down
the street in the pouring rain, he quickly discovered He had run right into
the middle of the town's annual marathon, so he started running along beside
the others, about 300 of them.
Being naked, with
his clothes tucked under his arm, he tried to blend In as best he could.
After a little
while a small group of runners who had been watching him with some curiosity,
"Do you always
run in the nude?" one asked.
he replied, gasping in air. "It feels so wonderfully free!"
moved a long side. "Do you always run carrying your clothes with you under
Oh , yes"
our friend answered breathlessly. "That way I can get dressed right at
the end of the run and get in my car and quickly go home."
Then a third runner
cast his eyes a little lower and queried, "Do you always wear a condom
when you run?"
just when it's raining".
column is about my personal search for the perfect investment. I don't give
investment advice. For that you have to be registered with regulatory authorities,
which I am not. I am a reporter and an investor. I make my daily column -- Monday
through Friday -- freely available for three reasons: Writing is good for sorting
things out in my brain. Second, the column is research for a book I'm writing
called "In Search of the Perfect Investment." Third, I encourage
my readers to send me their ideas, concerns and experiences. That way we can
all learn together. My email address is .
You can't click on my email address. You have to re-type it . This protects
me from software scanning the Internet for email addresses to spam. I have no
role in choosing the Google ads. Thus I cannot endorse any, though some look
mighty interesting. If you click on a link, Google may send me money. Please
note I'm not suggesting you do. That money, if there is any, may help pay Claire's
law school tuition. Read more about Google AdSense, click
here and here.