Friday, December 17, 2004
Everybody's Doing the Turkey Trot
I have posted several articles about eastern Europe including Turkey over the last few weeks. This week Turkey took a step closer to EU inclusion. Talks will open in October 2005. There are a few significant things here. I would expect this to be a great thing for Turkey's people and economy which could lead to continued high returns for Turkish stocks. If/when Turkey is in the club it will become the fastest growing member and one of the largest by population. This is scary for other countries already in. I expect any problems Turkey might face to come from these points.
I have exposure in that Central European Fund (CEE) I wrote about earlier.
Pfizer is getting crushed on the open on more bad Celebrex news. Regular readers will know I have been negative on the name for months. Is anyone really shocked that Celebrex may have problems? This has seemed so obvious and simple from the beginning.
Did anyone else see Bob Pisani interview John Thain yesterday? Bob actually asked Mr. Thain why getting the best price is important to investors. Luckily Thain blew that question off. I have always been very underwhelmed by Pisani even though he "talks to traders all day long." Am I the only that feels this way?
I have exposure in that Central European Fund (CEE) I wrote about earlier.
Pfizer is getting crushed on the open on more bad Celebrex news. Regular readers will know I have been negative on the name for months. Is anyone really shocked that Celebrex may have problems? This has seemed so obvious and simple from the beginning.
Did anyone else see Bob Pisani interview John Thain yesterday? Bob actually asked Mr. Thain why getting the best price is important to investors. Luckily Thain blew that question off. I have always been very underwhelmed by Pisani even though he "talks to traders all day long." Am I the only that feels this way?
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2 comments:
i did see that interview. generally, i keep that channel on mute until santelli gets his 30 seconds. without him, i dont even know if i would watch cnbc. oh wait - faber generally throws out some scraps.
Funny stuff about the channel. Thanks for posting a comment.
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