iPad Not a Kindle Killer, TechCrunch survey says. Good thing too. CES is full of tablets but my family is full of Kindle lovers.
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Watch out for the Nook Color with a full web browser. Upgrade to Android 2.2 any day now should spell real trouble for Kindle. You can already root it to run Kindle for Android. Now if only B & N sold Neely in an e-book version I'd be all set.
Posted by: Virgil | Wednesday, January 05, 2011 at 12:57 PM
The question I asked about gold, yesterday, more relevant today.
Posted by: Mamma Boom Boom | Wednesday, January 05, 2011 at 01:02 PM
The question I asked, today, was more relevant yesterday.
Posted by: Boom Mama Mama | Wednesday, January 05, 2011 at 01:11 PM
Looking over the end-of-day data, I have to conclude that the market may take a run at 1300 tomorrow.
Neo-Mamma
Posted by: Mamma Boom Boom | Wednesday, January 05, 2011 at 01:37 PM
S&P 500 Analysis after closing bell
http://niftychartsandpatterns.blogspot.com/2011/01/s-500-analysis-after-closing-bell.html
Posted by: Chartanalyst | Wednesday, January 05, 2011 at 01:41 PM
From Mish's board:
Who said this a few short years ago:
“The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. … Increasing America's debt weakens us domestically and internationally. Leadership means that ‘the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
It took Dubya his full 8 years to run up as much debt as all the presidents before him. Can Obama get it done in 4 years, and will the next person get it done in 2????
Regarding Obama, it seems to me one has two choices here. Either Obama talks out of both sides of his mouth when it suits him or the country is on the verge of a financial collapse.
Hock
Hock
Posted by: Hockthefarm | Wednesday, January 05, 2011 at 08:18 PM
If you count 5 waves down the drop in silver on the hourly scale, wave one bounced at the 29.3% mark [1 - (sq rt 2 / 2)] and wave 3 bounced at the 70.7% mark. Current retrace is at the 38.2% mark of the entire drop. Perched right on trendline support stretching from August.
Posted by: Virgil | Wednesday, January 05, 2011 at 08:19 PM
Wanton Noodles in New York: HSI & SPX
When in need of a fresh perspective of your city, a stroll towards a little known part of town might help. How about Wanton Noodles(above), a popular Hong Kong dish in China Town, New York?
Here's another very interesting blue(HSI) and red(SPX) noodle dish you might enjoy:
Often times, a HSI-SPX divergence provides a good hint of a short-term reversal in trend. Have a look at the past instances, and the highlighted area. Combine this with the relatively high bullish sentiment, and this DJIA chart from a previous post. What do you think is on offer next for the SPX?
http://trendlines618.blogspot.com/2011/01/wanton-noodles-in-new-york-hsi-spx.html
Posted by: trendlines | Thursday, January 06, 2011 at 01:29 AM
A major top for DJ Reit Index could be in.
If not, it is a sort of leading diagonal, 5 is on the way, a matter of day's for a top. Only short term bearish and a good buy oppertunity if the low is in.
In both cases a bearish period.
http://i366.photobucket.com/albums/oo106/mtcharts/djr1.png
Posted by: MT | Thursday, January 06, 2011 at 05:12 AM
>Regarding Obama, it seems to me one has two choices here. Either Obama talks out of both sides of his mouth when it suits him or the country is on the verge of a financial collapse.<
Either Obama talks out of both sides of his mouth when it suits him ????????????
Hock, how does this solve anything? He does this now, he's the biggest liar the world has ever seen. But yet the do-do just keeps piling up.
I'm afraid the only outcome is a collapse.
Neo-Mamma
Posted by: Mamma Boom Boom | Thursday, January 06, 2011 at 07:30 AM
It's a little surprising that there was no follow-thru in stocks today. But, that's what you often see at a top.
Also, we need to pay more attention to commodities. I've been thinking they were about to roll over, too. Maybe stocks and commodities roll together, just one big happy family. whadayathink?
Posted by: Mamma Boom Boom | Thursday, January 06, 2011 at 08:27 AM
US Dollar Chart
http://niftychartsandpatterns.blogspot.com/2011/01/us-dollar-above-50-day-moving-average.html
Posted by: Chartanalyst | Thursday, January 06, 2011 at 09:38 AM
----TIME TO PLAY 'CATCH-UP'----
Or maybe you would prefer to play with some Ketchup.
And, .... I hate to break your bubble, Bubba, .... but I'm certain the red line is set to tumble.
Neo-Mamma
http://www.screencast.com/users/MammaB/folders/Default/media/9ddda962-b33f-4c4a-9e9f-fce0eab5f6c6
Posted by: Mamma Boom Boom | Thursday, January 06, 2011 at 11:09 AM
I'd prefer to stick with my Kindles. It's some years now since Kindles won my heart and since then there has been no turning back. The only next alternative would be Nook's upgraded version from Barnes and Nobles .
http://www.etsy.com/shop/BrightWallsArt?section_id=7660075
Posted by: Carlton | Sunday, January 16, 2011 at 09:05 AM