Monday

  • Asia is down modestly.  Still think the trend is up in US.  At least until the first earnings reports come out.
  • Palm introduced the new Pre phone at Consumer Electronics Show, in Vegas.  The stock reacted by rising 91% in two days. Within five years everyone will convert to the iPhone/Pre-type device.  Everyone wants web/text/tel/gps on one device.  Am thinking that with Jobs’ health in question  and Blackberry reserved for the pin striped types, Palm may be the way to go.
  • Should PALM go down a smidgen I’d pounce.
  • Watch oil, should it rise tomorrow I’d like to initiate a Brazil postiion with EWZ.
  • And, as corporate bond pricing improves am hoping to add to JNK.