{"id":27837,"date":"2014-09-16T10:05:24","date_gmt":"2014-09-16T14:05:24","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=27837"},"modified":"2014-09-16T10:05:24","modified_gmt":"2014-09-16T14:05:24","slug":"watch-and-wait-out-the-pain-for-now","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=27837","title":{"rendered":"Watch and wait out the pain, for now."},"content":{"rendered":"

Call it the Alibaba or the September Effect, or blame it on the Fed’s rumored raising of interest rates.<\/p>\n

Whatever it is, the market looks semi-sick. VectorVest has issued a “sell” on the market. Some of my friends are loading their boat with Put options.<\/p>\n

Personally, I’m hanging in. I could panic. Or I could go play tennis — my euphemism for bearing the pain. I am checking my\u00a0 individual holdings — see the chart on the right — for a breakdown in profits and prospects. So far, I remain sanguine.<\/p>\n

Alibaba is huge. Every institution and their uncle is raising money to get in on it. There’s talk of it coming at $65 and going to $100, which means your favorite hedge fund will need money to buy on the IPO and post-IPO. That will total billions. And it’s what the underwriters want. They don’t want a Facebook IPO fiasco.<\/p>\n

Maybe you and I can fluke 100 shares in Alibaba?<\/p>\n

“I Used Alibaba to Make 280 Pairs of Brightly Colored Pants.” <\/strong>Neat story on using Alibaba in BusinessWeek<\/em>. Watch the short video. Click <\/span>here.<\/strong><\/span><\/p>\n

Apple’s Tim Cook’ one-hour excellent interview with Charlie Rose:<\/strong> Watch<\/span><\/span> here.<\/strong><\/a><\/p>\n

Apple stock is weakening because they got too many orders and, hence, deliveries of new iPhone 6 and 6Plus will be delayed. Such a problem to have.<\/p>\n

Sounds like a good time to pick up a little more Apple.<\/p>\n

I do like this headline from the New York Times:<\/p>\n

\"AppleWatch\"<\/a><\/p>\n

The Ethanol Industry: An In-Depth Primer.<\/strong><\/span> I’ve always been fascinated by ethanol, but realized quickly on it was far too dangerous for me. What one young fellow learned from a summer in the industry. Click here.<\/strong><\/a><\/p>\n

Favorite New Yorker cartoons this week:<\/span><\/strong><\/p>\n

\"ExecutiveFitness\"<\/a> \"catvideos\"<\/a> \"LocalPlastic\"<\/a><\/p>\n

\"HarryNewton\"<\/a>
\nHarry Newton who is increasingly attracted to a password manager — but increasingly afraid that they’ll store all his passwords somewhere out there on the cloud and one fine day they’ll all disappear. On the other hand, Firefox, the browser, does an OK job remembering most of my passwords. An I do have a simple text file where I religiously enter all my passwords.. Most of the time. Any ideas?<\/p>\n