Apple bounced, but gold fell. Maybe gold will bounce today and Apple will fall.<\/p>\n
HP is firing 27,000 people and the stock goes up. Strikes me if you fire that many people you have no idea what you’re doing, and\/or lack opportunities.\u00a0 Fortunately I did recommend shorting Dell. HP is now a short, also.<\/p>\n
VectorVest said last night, “Prudent Investors should have their shopping lists ready to buy stocks long tomorrow should the rally continue.”<\/p>\n
In other words, if it goes up, it will go up. If it goes down, it will go down. Wow! That’s insightful.<\/p>\n
I’m bored with Facebook. Zuck suckered Wall Street brilliantly. He got big bucks for the stock he sold, and the little (retail) investor got screwed — unless you dumped on day one, as I did and recommended that you do also.<\/p>\n
My present recommendation: Do not even think about buying Facebook (FB) at its present “depressed” price. Unless Zuck pulls a rabbit out of the hat in the way of a fantastic new service, it’s all over for Facebook. The users are bored with it. They’re spending less time on Facebook’s site. Advertising can’t be targeted because Zuck won’t let it be — unlike Google. And advertisers (like GM) will flee when they wake up. Moreover competition will ultimately eat Facebook’s lunch. Search Wikipedia for “social network.” You’ll be staggered how many there are, and I can assure you there are zillions more coming. I’ve seen a few new ones in recent days.<\/p>\n
I’m getting theories about retailing.<\/strong><\/span> Retailers without proprietary product or some other major schtick (yiddish for benefit) are doomed. New York is a good place to check out some phenomenal stores. When you’re next here, please visit:<\/p>\n 1. Uniqlo on Fifth Avenue. It has 89,000 square feet of gorgeous layout, gorgeous product (all its own) and gorgeous prices. Last night I bought a blue linen jacket (slim fit) for $59.90, a pair of jeans for $12.50, a cashmere cardigan for $19.90 and six pairs of brightly-colored socks Susan will hate for only $9. Susan loves the store for its warm-in-winter, silky soft underwear. I went in to buy a pair of jeans and came out with a bucketful of fantastic stuff. Wait till you see my new skinny jeans.<\/p>\n 2. B&H Photo. Try to buy a decent camera retail anywhere in New York, the retailer will say he doesn’t have it in stock, go to B&H. B&H has more inventory than Carter had liver pills. B&H has the most knowledgeable salespeople. B&H has great prices. But, best of all, B&H has an automated delivery and sales system that is mind-blowing. I’ve never seen anything like it. It’s worth a visit just to see the conveyor belts in action, and to feel the frenzy. It’s palpable.<\/p>\n 3. The Time Warner Center with a 55,000 square foot Whole Foods in the basement. Out back, they have a huge 5,500 square foot kitchen which churns out the prepared foods which wealthy, spoiled New Yorkers love. You must check out the lines in the early evening. The place also has a restaurant in case you can’t wait to get the stuff home. If I shopped there more than once a week,\u00a0 I’d weigh twice as much. You ought to see the scrumptious deserts, especially the cheese cake varieties. The coffee one is my favorite. Once you’ve pigged out in Whole Foods, the rest of the four-floored indoor shopping center that constitutes the Time Warner Center is also interesting, if only to listen to all the European accents. New York is a shopping mecca for Europe.<\/p>\n 4. The Apple store in Grand Central railway Terminal. Start with a great railway station and add a huge Apple store. It’s worth the trip.<\/p>\n 5. NikeTown on 57th Street. The retailing presentation is not as creative as Uniglo, but it does present the vast array of what Nike produces, which in itself is impressive.<\/p>\n 6. Tiffanys on Fifth Avenue and 57th Street. It hasn’t changed in eons. But visiting the store opens your eyes to Tiffany’s strength — the vast continuum of products and\u00a0 prices it offers. No matter your wealth (or lack of), you’ll find a handsome present there. Give it in the light blue box and have your recipients instantly love you.<\/p>\n Retail places not to visit since they has no product of interest, have boring displays and hence have zero redeeming value: RadioShack, Best Buy, Staples, Bloomingdales, Saks and any of the other big department stores.<\/p>\n Harry does Brooklyn.<\/strong>New York subways are full of sweet, lovely, remarkably friendly people — especially if you talk to them. Here’s a proud mother and three great kids:<\/span><\/span><\/p>\n![\"\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/05\/NiceFamily.jpg\" "\\"NiceFamily\\"")
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