What a drubbing!

November 27th, 2006:
Congratulations to everyone that was short on almost anything today! For all of those who were short Google (GOOG), my hat is off to you, but cover it quick. The Dow was down about $160, the Nasdaq down about $50, and the S&P500 was down $15. If you were short on any of these you should be patting yourself on the back... or, I should say, you should pat the Republicans on the back. That's right, the market tanked because the dollar plummetted, which means that in all likelihood the Fed will have to raise rates to protect the dollar against inflation... This probably won't happen until January, but you're going to need to start to get a little bearish... or, this could just have been one bad day.

For the best advice you can get: IDCC or LVLT (both great wireless tech plays). I like IDCC more, and it's at a ridiculous discount right now. See previous articles, but just make the P/E lower. If you're a real gambler, go with JDO... I think they'll recover in 6 months.

I'm dog tired, so this is all you're getting today.