- Time to break out the Halloween decorations! Is it just me, or can you also hear a beckoning call to eat bite size Kit Kats?
- Market's up, Bubba. Back over 14K on the DOW. I remain 100% long with plenty of beta juicing the returns. We're in the monthly strength period where retirement money is dollar-cost averaged into the market. It'll be interesting to see if we get the October slide after the first few trading days. Not sure if I'll reduce beta or raise cash shortly. Have to take a look at my Black Box tonight.
- Speaking of October, Mark Hulbert asks if there is a way to improve on the Halloween Indicator? Nice mention of Jeffrey Hirsch and Sy Harding in this one. I believe they both use techincal indicators to time their Fall entry. (Maybe the MACD according to Hulbert). I pay close attention to the seasonal flow.
- On Bulls and Bears, Gary B. Smith seemed to like the idea of GM offloading their health care program and thinks the stock will move. On Cashin' In, Trapper seemed to like the offloading thing, too. The idea is that this is good for the company and can help them be more competitive with Toyota. I heard Bob Brinker mention that total compensation for a GM worker averages $80 an hour, while for Toyota the average is $50 an hour. Hard to compete when there is a dramatic difference in labor costs. So if offloading health care to the union is good for GM, is it good for the union or the workers? Hmm...
- More from Sacramento Landing, where some folks are spending most all of their gross income on their mortgage payments! As long as you don't have to eat, dress, or have any other spending needs, I suppose it could work.
- I'm keeping the Halloween candies out of the house until the last minute.
