I was going to reply to the Go-Daddy thread and then expand but I thought I would just begin anew.

The recent spate of tech deals or rumoured deals (LinkedIn, Facebook, Skype, MS/Baidu etc. etc.) seems to back up the claim that we are in the early to mid phases of a new bubble. I saw an excellent graph detailing the various phases of market inflation beginning with 'smart money' then 'institutional investors' followed by a 'bull trap' sell off and then the real beginnings of major climb in share prices. According to the comments from the graph's creator, we are post 'bull trap' and just at the foot of that climb. So what a great pace to buy in..

you can see the graph here (i'm no allowed to include URLs so there are some spaces you need to remove):

[Mod note: You are allowed to include URLs]
http://av.r.ftdata.co.uk/files/2011/06/Economist1.jpg

Personally, I will take a punt on ARM and Epay (not Ebay)