Dot Com Redux

The dot coms have come and dot gone, dot gummit; the housing bubble ?? -- well I think that's passed -- but, nonetheless, it seems likely to me that gamblers gotta gamble on something. So I expect another Venture Capitalized pre-IPO tech boom to start VERY shortly . . . geared towards 3 primary areas (a) "green" energy (and the technology to support it), (b) "home" health care (which will change the landscape for people working in health care, very dramatically, I expect, within the next 10 -15 years) and . . . (c) competitors to Facebook. Social Networks are, imo, part of the next BIG boom / bubble.

2011 is likely to look a whole lot different than 2009/2010.

I have sat on the sidelines watching the economy crumbling but the steam that drives that train is still smoking. A lot of people were crushed in the last wave -- but the survivors are in a strong position to move forward. I think 2011 is truly going to be an entertaining year -- one that could see movement forward in several areas that, on the surface at least, may appear contradictory.

2011 is not going to be a year that will be easy, for most, to predict. A magical time, but a time of intrigue, as well. Hold on tight, 'cause this year is the time to fly. 2011 is NOT a year to sit back, it is not a year to sleep through . . . it is a time to make things happen.

Businesses will soon come, cash in hand, moving towards the next big thing. And that big thing is driven by technology and health care . . . cars will soon be replaced (yes I said "replaced") by a better way to get around. It may take 30-40 years to fully do it but it would not surprise me within the next 2-3 years to see very specific plans -- and the shell of the technology to drive it -- already on the table. There will also be a very strong secondary market emerging -- what to do with the parts? Technology to recycle and re-use old tires and fenders will be VERY important before 2050.

Food will soon go back to a more "natural" state. GMO's (Genetically Modified) will face greater and greater resistance. Thank a hippie tree hugger next time you see one (and I think I fit into this category) because this, too, I believe is coming. Many HUGE corporations will soon be split into smaller, more manageable subs . . . Employment opportunities will be abundant within 12 months; this after 3 years of virtual 15-20 % unemployment -- although wages will not likely return to "pre-crash" levels for most people.

However, all in all, I think 2011 will be a positive year. I would expect this to be revved up and rolling by . . . August.