Friday, March 20, 2009

Friday, Triple Witch, Tired Market

U.S. futures and foreign markets are generally down a little and oil is up a little (more) to $51. Something changed over the last week or so. Crude oil went from being a leading economic indicator to actually reflecting oil fundamentals. I'm not sure why. Could be currency.


Interesting take over here on Cisco's coming potential battle with Apple. Cisco purchased camcorder manufacturer Pure Digital to deepen its foray into digital home products. They already do set top boxes and home wireless networking. I am interested to see how this plays out. Apple = cool. Cisco = stuff that works, period. That's not about cool but Apple products tend to work too.

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