Wednesday, December 01, 2004

Achoo!

Home sick today... But nice move in the market! Is the Microsoft dividend being put to work, or just normal early month strength?

Good link from The Kirk Report (link to the right), on whether Americans are living beyond our means.

Back to bed!

Oh, one more thing! SP500 closed at a new yearly high. CNBC was on today crowing on how we rallied from March 2003 until early this year, then moved sideways for an eternity, and now have closed above the trading range - which should be bullish. I think technical analysts will agree on that one, so maybe more buying pressure comes in the next few days?

Watched the Matrix Reloaded on cable. Not bad if you can follow the sticky plot.

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