Thursday, October 12, 2006

Random Thoughts

  • Wanted to add some anecdotal market stuff. Folks around the Fun Factory office are talking about stocks.  HUH?  It's been a long time.  For a while, it was all real estate but I haven't heard anyone mention that lately.  Now it's stocks and how well their portfolios are doing lately.
  • Fed finds "widespread cooling" in housing market.  Uh, hello?  Did they just realize this?  If anything ever tells you that the fed is "reactive" and not "proactive," this is it.  The Fed said that reports from around the country "indicated widespread cooling" in housing markets with financial institutions finding that mortgage lending activity had tapered off.  I wonder if the Fed got the report yet on the 2005-6 NFL season?  Steelers won, folks.
  • Who singer Roger Daltrey to be on CSI.  You know, I haven't watched that show for quite awhile.  I wonder if this is a jump the shark moment for the show...
  • Fly on Wall Street:    Everyone I know is shocked by the extent of this rally. All of the dumbest people I know are making the most money, while the "intellectual" types are getting blown-the-fuck-up.  All of the guys who are trying to outsmart the market are feeling some serious pain now, short U.S. equities; while, Joey Bag-o-Donuts is bankrolling and buying a new Benz. How you doin'?
  • "Lost" started out a little slow last week, but picked it up last night.  Hooked all over again!  Oh, and rock'n roll is booted off on America's Next Top Model.  I don't have a favorite yet.  Maybe Anchal.
  • Fantasy football thoughts?  Check out what Dubz is thinking.
  • How's this for punishment for North Korea from Larry KudlowIf China can go capitalist, and if Russia can go capitalist, and if Eastern Europe and India can go capitalist (heck, if Rhode Island can go capitalist—illustrated by their new flat tax reform plan) then you have just got to believe there’s a way to spur North Korea toward capitalism too.   I know, I know, it’s an absurd idea. But so were China, Russia and Rhode Island.
  • Did you read about Tara Reid's botched boob job?
  • Steve from Investorgeeks on Mathew Emmert: Fool of CrapAt Motley Fool, bad information and skewed research are the topic of the day.  Steve takes on the notion that dividend paying stocks beat the market.

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