Como se combate o populismo? "Com eleições", responde Fukuyama

[Nunnus]

Não é preciso interessar a todos para ter lugar no fórum, desde que sejam opiniões sobre Bolsa e com argumentos.

E Mai nada... eehhehehe

[Ulisses Pereira]

Algumas pessoas não percebem o interesse dos meus gráficos ou dos teus e tu não percebes o interesse dos artigos do Cramer. E não será por isso que eu e tu deixaremos de colocar aqui os nossos gráficos ou eu deixarei de transcrever os artigos do Cramer que me parecem interessantes.

Não é preciso interessar a todos para ter lugar no fórum, desde que sejam opiniões sobre Bolsa e com argumentos.

Um abraço,
Ulisses

[castelbranco]

Ó Ulisses desculpa lá mas ainda não consegui entender o que é que interessam este tipo de topicos aqui no forum...

[Ulisses Pereira]

"No Conviction in Tech"

By Jim Cramer
RealMoney.com Columnist
7/17/2006 3:02 PM EDT

"The sellers in tech are so relentless as to suggest that we are in a world where unless you get to eight to 10 times earnings for the stocks, they can't be owned. Even then they might not be able to be owned.

I am looking at a stock like Advanced Micro Devices (AMD - commentary - Cramer's Take), and I am saying: Is there no end to the selling? Or how about Qualcomm (QCOM - commentary - Cramer's Take)? It gets an upgrade and goes up for a few minutes, and then it can't be sustained? (Was the upgrade leaked because the stock did better Friday?)

Or how about Nokia (NOK - commentary - Cramer's Take), which everyone admits is kicking butt. Ugly. I don't even want to talk about any of the telco-equipment plays.

Whatever you do, do not look up Cisco (CSCO - commentary - Cramer's Take) or Dell (DELL - commentary - Cramer's Take). Has Broadcom (BRCM - commentary - Cramer's Take) had an up day in a couple of months?

Only Hewlett-Packard (HPQ - commentary - Cramer's Take) -- bizarrely -- trades like a soup, soap or cereal. All but HPQ are all reflecting the end of all enterprise spending .

What's happening here? I think we have a moment in time where no one has any conviction whatsoever, and everyone just wants to say that all tech is bad and that we can always catch these stocks later and lower.

Can we?

I used to think that you had to be really nimble to pick these up at the bottom. But I think there is always the case to be made that it's been a disaster of immense proportions to try to bottom-fish. When you get no lift, even from an upgrade, you know you are going to get your head handed to you. You also know that if you short, you are going to be golden.

When the shorts win with impunity, when the longs are punished daily, you just have to wait. These stocks want to go lower still until we get closer to the fall.

It is more of a time than a price issue. And jumping the gun has proved to be deadly.

At the time of publication, Cramer was long Qualcomm "