Thursday, April 05, 2007

Randoms

  • The market having a nice week, maybe to ring in the first week of baseball. It's a big Spring Break party on Wall Street.  Tomorrow is a holiday, and I'm a little surprised that folks haven't booked gains.  But maybe the big rally on tuesday was panic covering by the shorts who have been wrong about the market and just wanted out.  If so, then they could fuel more rally as they panic buy next week.  But my thought is that the week before options expiration might see some jitters on Wall Street.  That's my working theory.  Things seem a bit extended.
  • Look at the NDX chart.  Gap fill, eh?  And on weak volume?  Hmm.  Well, bear thoughts have been wrong.  Not that bull thoughts have done much better.  Seems like conviction by either camp is met with a volatile shake-out.
  • Gina Glockson out on American Idol.  She wasn't that bad, but just didn't leave an impression.  And outclassed by others.  But she can sing.  Sanjaya Malakar still on, but since he's in the middle of the pack you can predict that there aren't too many more weeks for him.  Unless we all unite and text in our votes!  LOL.
  • Shocker:  Most Americans don't eat smart and exercise.  REALLY?  "Only one in seven Americans exercises enough and eats enough fruits and vegetables, and men are worse than women."  Let me think about that over some beers and nachos.
  • Adam's Randoms.  He notes the link to Ticker Sense showing that the US stock market returns for the quarter rank 65th in the world.  So not only are these other countries achieving better results in education, now stock market returns?  I'll have to think over THAT with more beer and more nachos.
  • Cheney accuses Pelosi of "bad behavior" in Syria.  Gee, what was she doing over there, Dick?
  • Bottom Fishing with the Trading Goddess.  Makes me want to get out my fishing pole, TG.  She's trying to catch some AV.

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