Sunday, September 7, 2008

Gadget Stocks and the Obama Bubble

both are starting to deflate at the same time. coincidence?

here is a chart of the recent intrade prices for Obama:

there may be some attempts to prop this up over the next week or so, but the ultimate trend is now easy to visualise. a lot of folks are going to be demanding refunds from this Donkey Show.

and here are the Gadget Stocks:

since a couple weeks ago, when I wrote that the next phase of the stock market will be determined by electronic gadgets, AAPL is down 8%, QCOM 12.5%, and RIMM 19%. when the Masses stop buying worthless shit, you Know the economy's in trouble!