Saturday, January 22, 2005

Weekend Quickies

* Despite what seems like panic, gloom, doom, and despair on Wall Street, the SP500 is down about 3.5% from the rally top.

* Saturday Night Live just ran a couple good political skits. The first was post-inauguration party with Jenna and Barbara Bush, with the President. Not bad. Not great. The second was a much better confirmation hearing bit with Condi Rice, John Kerry and Barbara Boxer. Tina Fey did a good job portraying a Barbara Boxer who went a little bonkers during the hearing!

* Everyone is assuming that the winner of the New England vs. Pittsburgh AFC Championship game is for all the marbles. Maybe. Folks thought the same during the NBA Western Conference Playoffs in 2004. Never assume!

* With EBAY earnings growth slowing, is more selling coming? What does their business model and stock valuation say about Google, Yahoo, and Amazon? (Or any other internet stock?). Something? Nothing?

* Honestly, I slept too late to watch the Fox Business Block this morning. I should just record the darn thing. I caught a few minutes of the MASH guy calling the Capitalist Pig guy a moron or something like that for recommending some stock with a 6% yield. He said he was looking for larger returns. Okay.

* Saturday Night Live just drags on. Here's an okay Arnold Schwarzenegger bit on the news, and this thing and that thing...

* So, Sponge Bob Square Pants is gay? I didn't even know he was dating. With regard to cartoon characters, I think a "Don't ask, don't tell" policy is appropriate.

* A bottle of wine and ... Drew Barrymore, Lucy Liu, or Cameron Diaz?

* I don't want to mention any names, but some money guys on the radio and in the media are what I'd call "questionable." I'm listening to some this week, who said they called the top in the market at the beginning of January and are now making money on the short side. I was listening/reading them at the time, and they said no such thing. Maybe they said it off air or that part got edited out of the final print copy. Stuff happens.

* I read that Eva Longoria is only 5'2". According to TV Guide. Hey! That's short enough so that you could rest a beer on her head! A check box in the plus category!

* The financial gurus sure got the direction of interest rates all wrong in 2004. They said inflation is coming, and rates were going much higher; sell your bonds! The same folks are saying the same thing in 2005. Eventually, they'll be right and say "We told you so." File it in the broken clock is right twice a day file. It seems like the easy guess, though. Doesn't it seem obvious? Can rates stay this low or go lower?

* I'm loving kinja.com.

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