Daytrading With The Stars!

• So the market is pulling back a bit after the New Year run-up. But I think the euphoria heading into earnings set up the potential for selling on the news. Folks seem to be selling before the news! I think that can make for some attractive buying opportunites. I remain invested in low-beta stuff and have some cash on the sidelines, waiting for some fear before I shift back into overdrive.


• We have Dancing with the Stars and Skating with the Celebrities. OK, how about a market-themed Daytrading with the Stars? We could give celebrities a terminal, team them up with trading pros, and watch them daytrade stocks. Losers get eliminated weekly. Think of all the fun as they post spam messages on Yahoo message boards! And then folks like Cramer could be on the judge panel, "What were you thinking when you bought that stock?"


• Did you catch the Lakers-Heat game? I was flipping back and forth between commercials in 24 over to the game, and caught the skirmish between Shaq and Lakers 18-yr old Andrew Bynum. Shaq did a rebound dunk over Bynum, and then a few seconds later, Bynum posted up Shaq and left him in the dust for a dunk. On the way down, Bynum bumped into Shaq, and Shaq threw an elbow at the youngster. Double technicals. Right call.