TGIF!

* The market is busting out to new rally highs. At least the DOW and SP500 are. Nasdaq has been the laggard. I think that's due to high energy prices. There seems to be some relationship between oil and tech. Lets see if oil falls and tech rallies.

* I'm afraid to watch the news. If the constant news on Michael Jackson isn't bad enough, now we get to see Martha Stewart taking walks. Did you see the pics of that in some infrared kind of shots? What was that? And helicopters following her around? Geeez!

* On The Apprentice, Donald fired the pretty one. It was a failure in marketing, the other team ran circles around them in promoting the miniature golf event. But the pretty one just didn't have anybody's respect. It seems like the show always highlights folks who will end up in the boardroom, huh?

* Do you like the sitcom Joey? I've given it half a season, and every so often, it's funny. But I'm losing patience.

* Of course, if we break out to new highs, there usually is a pullback to the breakout point giving folks a second chance to get long. At least that's what my copy of the rulebook says. I'm still long and strong.

* Julia Louis-Dreyfus of Seinfeld to be in a new sitcom "Old Christine," playing a thirtysomething divorced mom who tries to keep pace with everyone around her. She's 44. Think it'll make it?

* Now that oil is up over $50, the analysts are predicting a moon shot anywhere from $60 to $80. Isn't that how these folks work? Back when we were in the low-mid 40's, they were on the $20-$30s bandwagon. Get the picture? They're late to the game.