Everyone I speak to feels as if we are living through special times. We are making history, in a very bad way, mind you. It’s not like “The Fly” to get all sentimental and shit; but I kind of miss the days of egregious excess, when people just ATM’d their houses and went long QUALCOMM, Inc. [[QCOM]] for shits and giggles.
Gone are the days of the cool new Motorola phone and it’s flamboyantly gay CEO.
Gone are the days when assholes went to Best Buy to purchase the new Garmin Ltd. [[GRMN]] device or better yet a TomTom.
Gone are the days when it was cool to buy Sirius Satellite Radio Inc. [[SIRI]] because Howard Stern was an employee. Or, better yet, buy XMSR, because their satellite shit was better.
Gone are the days of homebuilders acting like dot coms and dot coms accepting egregiously high take over bids (YHOO).
Gone are the days when soda stocks were cool: [[JSDA]] , Hansen Natural Corporation [[HANS]] , Cott Corporation (USA) [[COT]] , [[REED]] .
Gone are the days of stupid post 9/11 security stocks and asinine bomb detection companies.
Gone are the days of Apple Inc. [[AAPL]] and Research In Motion Limited (USA) [[RIMM]] dominating Jim Cramer’s Mad Money program and people getting all giddy over the iPod.
Gone are the days of storage plays like VMware, Inc. [[VMW]] or NetApp Inc. [[NTAP]] . All we do now is store warehouses full with worthless CDO’s.
Gone are the days of people in India eating 1 1/2 meals per day, effectively making Ag stocks skyrocket. Now, those fuckers are back to starving again.
Gone are the days when T. Boone Pickens was a successful money manager and oil was going to $1,000.
Gone are the days of absurd pricing power for the mineral and basic resource companies. Now they just suck.
Gone are the days of greedy private equity ballers and takeover specialists—buying companies for $100 billion out of thin air.
Gone are the days of endless Chinese industrialization. More importantly, gone is the notion that Chinese stocks can go up forever because they are surpassing the U.S. as King Cobra.
Gone are the days of cool euro’s. Now, the euro is some sort of bullshit 3rd world currency.
Gone are the days of lunatic seminar stocks like iMERGENT, Inc. [[iiG]] and pyramid plays, like USANA Health Sciences, Inc. [[USNA]] .
Gone are the days of making money off fat fuckers, via NutriSystem Inc. [[NTRI]] , Buffalo Wild Wings [[BWLD]] , Panera Bread Company [[PNRA]] and other restaurant names.
Gone are the days of powerful Wall Street brokerage firms, who could move a stock 10% on a morning upgrade. Now all we have is third tier bucket shops, like Oppenheimer Holdings Inc. (USA) [[OPY]] and Jefferies Group, Inc. [[JEF]] left.
Gone are the days of Mozilo and his kick ass tan. Add to that, his entire mortgage industry.
Gone are the days of BRIC.
Gone are the days when Carlos Slim from Mexico was the richest man in the world because his grotesque cellphone stock America Movil S.A.B de C.V. (ADR) [[AMX]] went up everyday.
Gone are the days of Google Inc. [[GOOG]] being cool. Now they’re just a bunch of dorks with a lot of free shit to give away.
Gone are the days of yoga and organic being “in.” Stocks like [[LULU]] and Whole Foods Market, Inc. [[WFMI]] can lick my dogs balls.
Gone are the days of “Jamba Juice” being a semi-cool place to buy a beverage.
Gone are the days of $200 jeans and $300 sunglasses, at least for Main Street. Now, all Main Street can afford is a pair of “Crocklers” from their local Walmart.
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