- Well, the market was up a little bit ago. What happened? Did a tiger escape from a foreclosed property in Pakistan? (See what I did there? Three current events, with a hint of wall of worry stuff, blended into a stock-selling reason du jour. Yeah.... Ugh. But it's friday. Cut me some slack! And it probably makes as much sense as anything else...)
- I had one tax-loss sell this year, but did that back in November and rotated into something same-same. I believe the SP500 is going to new highs in 2008, Cheech. The big question today is a matter of positioning. I'm in a high-beta portfolio now. So I did some Black Box searching last night and identified a few interesting names that I may rotate into. Hard to say if I'll do that or not just yet. I'd like to see us move higher before I start that.
- Miss France, Valerie Begue, keeps crown after photo controversy. But her reign threatened to be short-lived after a magazine published a risque series of photographs in which she was seen lying in a crucifixion-like pose while wearing a bikini or licking condensed milk in a suggestive manner.
- Milk builds strong bones. Just sayin'...
- Anyways.
- Three underdogs today, baby! The first game starts at 2pm CA time, so I need to find an excuse to leaf early. Comprenez, Valerie?
- (I don't know if "Comprenez" is correct French; I just Babelfished "understand." Spanish would be "Comprende" so it must be close!!!).
- What are the odds of oil taking out $100 in 2008? We're almost there. Great headline for those running for President, though. $100 oil will be a psychological thing. Local news cameras will be out on the street for that. So where is gasoline headed? $4-5 a gallon in 2008? Seems like a no brainer at this point. But maybe folks will do something radical like.... DRIVE LESS!
