- First, kudos to ABC for placing a commercial during Lost right at 9:57pm last night. This allowed me to flip over to Fox's American Idol for 2 minutes to watch the last 60 seconds of a horrible duet between Taylor Hicks and Katharine McPhee, and then see the winner announced.
- Congrats to Taylor Hicks. Soul Patrol over McPheever. I'd like to know what the final vote tallies were. I have no idea what the entire 2 hour finale was like, but I did flip over a few times during Lost commercials. What I saw wasn't pretty. Pretty boring.
- Lost was great. We learned what happens when the button isn't pushed. We learned why the plane crashed. We learned what happened to Desmond. Interesting cliffhanger.
- Looks like we're getting our market bounce. So we may officially have an official low in the correction to watch for potential retests down the road. I wonder if folks who were anxious to short any bounce yesterday, are now back in bull mode? I think the sentiment bias is still fairly bullish overall, and that will change by the time we're done with this correcting process. I'm not trading with a short-term horizon, more of an intermediate term. So I'll miss bounces in this or that. I still have some cash on the sidelines, a little in oil, and the rest in low-beta stock stuff. The low-beta stuff has been going down with the market, but nowhere near as bad as tech/semis.
