Saturday, November 05, 2005

O-69

* It was quite a week in the stock markets. I wonder what folks who were left on the sidelines or those who are bearish will do now? Wait for a pullback? I've been reading the message boards, and those who were wrong near the lows of the correction seem to be morphing into bulls. If they do buy into this market, we could keep moving higher. I think we'll be up 10% off the lows (in the SP500) sometime within the next few months. I'd like to see us go up and bust through the top of the recent trading range before we pullback. Kind of a "make no mistake about it" kind of move.

* NBA? No Kobe Bryant magic thursday night. Sheez. Bad news in Miami, as Shaq twists an ankle and is out for 2-4 weeks. The once offensive juggernaut that was the Sacramento Kings, need Yahoo Maps to find the inside of the hoop. And just who is this Delonte West point guard fella in Boston? (Hey, I picked him up for my fantasy hoops team because I had Chucky Atkins. HAH!)

* Andrew Tobias has a blog. And even if I disagree with his political points of view, doesn't mean I can't enjoy reading his blog. From a recent entry:

A sign recently seen in Washington: “Would someone please give him a [explicit sex act deleted] so we can impeach him?”

* Well, sometimes when folks are wrong on the latest move of the stock market, they like to comment about how dumb everybody else is. In otherwords, the stock market shouldn't do that, and the only reason it is, is because the world is full of stupid people. At least, that's the impression I get from reading Bill Cara today. That's okay, Bill. I do think you're a smart guy and you are blogline worthy.

* Bingo is an addictive and frustrating game. I went to a fundraising event recently, and had to endure losing straight bingo, picture frame bingo, letter-T bingo, etc. You know the drill. I'm sitting there, dabber in hand, thinking how dumb and pointless it all is as I addictively blot out the numbers on my cards. All the while, praying that I don't have to suffer the crowd moans and screams when the number-caller yells out "O-69."

* The Paul Kedrosky Crow Countdown. He's been wrong with the iPod to Beanie Babies comparison, but I think that's probably the right one over a longer period of time.

* Can you lose money in real estate? Read Kiplinger's.

* If anybody was doubting the viability of the video iPod, I have a one word rebuttal:
Porncasts. Yeah, so how about some advertising slogans that were junked, like "Now you can take your porn with you." Porn sells.

* The End of Pensions. Is this the next big crisis? I think so.

* I'm at work today, so that's why I'm blogging in-between doing actual work. I'm not sure why I'm here when Tennessee-Notre Dame is on.

* Blogger is out, so this is a "save and post later" sort of thing. OH WELL...

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