Thursday, July 19, 2007

14,000

  • The market continues to play cat and mouse with DOW 14,000. But we finaly did it!  Just remember where you were at 4:00 pm EDT so you can tell your grandkids about the grand event.   "And of course, that was before Wall Street was under 20 feet of water so we had to drive our CO2 emitting SUVs to get there."
  • The bears can't seem to get any traction; but that's been the case for about a year now.  Someday, Yogi.  Someday.  I think the summer correction theory has merit, but since this market has been so strong I believe that sitting on the sidelines is the way to underperform.  One must have their action figures out in the battlefield. 
  • I remain with mostly a low beta portfolio, some cash, and still playing with the mo-mo stocks.  The cash on the sidelines has been the emotional thorn in the side as it just sits there while the market bolts to new highs.  Tempting to book some gains as options week ends.  My best guess (and that's all it is) would be that any summer weakness is in the on-deck circle.
  • Did some site tweaking last night to speed up the page loading.  Removed Twitter, Cramer and the top Digg posts.  Removed the poll.  Removed a bunch of chicklets. 
  • Added the voice recorder in the upper right.  So please leave me a voice message!  Say hi, tell me who you are, where you hail from, and whatever else is on your mind.  Plug your blog!  There is a 2-minute time limit on the voice messages; so, if you're planning on singing Led Zeppelin's "Communication Breakdown," you'll still have 29 seconds of singing to do when the recorder cuts you off.  Unless you speed up the tempo. 
  • From Minyanville's Buzz and Banter, I noticed today is national stick out your tongue day.  Remember to share with your coworkers and whoever else you may pass by during the day.  Today's trivia question at the 'ville is what creature's tongue is as long or longer than its own body?  I'd guess Gene Simmons.
  • Who likes chicklets, anyways?
  • Also, you may have noticed a lack of the search engine keyword mania in the last few.  Turns out that overusing keywords is a way to fall in the search engine ranking!
  • If people keep gaining weight at the current rate, fat will be the norm by 2015, with 75 percent of U.S. adults overweight and 41 percent obese, U.S. researchers predicted on Wednesday.
  • Busy here....
  • Sacramento's Light Rail system does not enforce ticket purchase.  It's basically on the honor system.  Oh, every once in a blue moon a Light Rail Cop will stagger on a train and check tickets.  Other than that, they seem to leave the staggering to the customers.  I took LR at lunch time and it was full of derelicts.  Homeless.  Drunks.  Druggies.  Gang bangers.  Etc.  So, I don't blame anyone if they refuse to leave the car at home to take THAT mess to work.  It stinks.  And it's not safe.  I don't blame any community in town that is opposed to adding a Light Rail station near their homes and schools.
  • Last time I was in Mexico (cue the John Taylor), I bought a couple of crates of Chicklets.  And some vanilla.

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