Tuesday, September 25, 2007

Marcia and Jan???

  • "Marcia! Marcia!  Marcia!"   The Brady sisters explore the L-word, h/t to Adam Warner for the find.  Adam also takes a look at the BEP covered call fund.  Look at the yield on that thing.  Holy smokes.
  • Nickelodion 10:00pm:  The Brady Bunch.  Marcia and Jan have a slumber party.  (Repeat).
  • The biggest controversy out there isn't about getting the troops out of Iraq, Hillary vs Rudy, moveon.org, or the Iranian President Aquavelvajad* speaking at Columbia, it's when will DirecTV get those new HD channels up?  (*Dennis Millerism.)
  • Of course the NDX closed at a new high today.  Why?  Every mutual fund manager must show AAPL and LVS in their list of holdings by the end of quarter.  It's a mandate.
  • Jason at The Trend wonders if it's Correction Time?
  • Lowe's adjusted their earnings targets lower, and the stock sells off 6%, while Home Depot sells off 2% in sympathy.  Remember how standing in a line at LOW or HD was a test of your patience?  The lines were long and slow moving.  Even short lines were slow moving.  I was in both stores recently.  No lines at all.  On a weekend.  Went in, checked out, moved on. 
  • Where was a line?  I noticed cruising around that the In-n-Out burger and McDonalds pretty much ALWAYS have a long line of cars in the drive thru. 
  • Self-named "Wall Street Rock Star" Cody Willard moved his blog.  I didn't even notice the moving trucks.  Update your feed subscription.  LOL.  Anyways, perusing through his recent entries had me scratching my head.  Stealth Bear Market from 9/13.  NDX at new highs on 9/26, Rock Star.
  • Oh, I know the argument.  Individual stocks aren't participating while the index moves higher.  Right?  But trying to identify sectors or stocks before the move is tricky business.  It's obvious in hindsight (ie, charts are a great way to predict the past).  Which is why diversification across sectors is generally the best way to participate in a growing economy.  Even if a lot of stocks are struggling. 
  • Anyways, Cody is going to be on the new Fox Business Network.  And according to a write up at realmoney, he said his goal in life was to be a hoops player or a Wall Street Rock Star.  So I wish him well.
  • I wonder how Fox will do with that business network?  I bet they do well.  Not as well as that Brady Bunch rerun, of course.

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