Tuesday, April 25, 2006

Walking in LA

  • President Bush has a plan to lower oil prices. Much to the Democrats' chagrin, it does not include "Making Dick Cheney pay for it." But seriously, as we get into May and the summer driving season, I don't see demand waning for fuel. Besides, how big of a deal is it for most Americans? Sure, some struggle with it. But for most, another $1 a gallon is just $15 a trip to the gas station. People spend more weekly at Starbucks.

  • In LA for the past few days. Not actually LA, but this whole area is "LA" to most folks. Lets just say SoCal...

  • The market continues to do what it did before the huge up day last week. Just mostly grind lower while the bulls say "Everything looks okay." Maybe. I remain in low-beta holdings and have some cash on the sidelines from the tech sells a few weeks ago. Not rushing into anything. Pos-options week tends to be weak after a decent options week. We do have the month-end strength coming up, but many folks exit the market for the summer around that time. (Sell in May and go away...)

  • Study shows secret to gas-free beans. Gee, where's the fun in that? Imagine if those were around when Blazing Saddles was filmed. I mean, what about the campfire seen?

  • Sin of all sins... I missed 24 last night! Out of town in LA, and don't have the DVR going. Geez.

  • It's nice here in SoCal. I used to live down here, so it feels like home in so many ways. Lots of memories. But the traffic is just nuts. And so many people. Heading back to Sac tonight. Where the traffic and crowds are also getting quite thick...

  • Borrowing a line from Office Space about missing work... "I not 'missing it.'"

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