I did bail out of my NICE Systems position today. What with the time zone – by the time I woke up it was down another 5%. Decided that a nice tidy profit – while not as good as a nice big profit – was better than a nice fat loss.
Also bailed on ABB – which is a European power plant technology company with too much exposure in Israel and the middle east for comfort. Added to the AT&T position. Tried to add to MickyD’s and Intel – but they didn’t drive deep enough. Will rethink everything as the weekend progresses. Right now I am sort of thinking that the Muslim Brotherhood – who hated our US ass long before al–Qaeda – will end up on top. But, the Suez Canal will remain open. We always end up in trouble when out pet dictators get tossed out.
Bet I can get a really good price on a Guided Tour of Egypt for White People today!
Imagine – what if our government turned off our internet and our cell phones. We managed to pull off the American Revolution with only Paul Revere. But, today – could be even decide what to eat for breakfast without communication gizmos?
I just had a sick thought – I wondered what she who must not be mentioned will have to say about the conditions in Egypt. Get her out of my brain. Must apply beer.