- Obviously, on a day where market futures are skyrocketing, the last thing a bull wants to see is a reversal and a negative close.
- Nevertheless, I remain bullish and optimistic, despite the overwhelmingly bearishness of pretty much everyone on the planet. I remain 100% long this market. Mostly in ETFs and a few stocks, and still in those ETFC shares mentioned way back when.
- Bottom line is that I think the Fed rate cuts will work. The tax rebates will help. And folks who are doing their 2007 taxes may also receive refunds, and that'll help.
- Haven't blogged too much lately. Total anarchy at work. Long days. Not many breaks. I think all is well. No doubt you've heard the phrase "trying to herd cats?" Well, sometimes working with programmers is more like trying to teach cats algebra. Instead of focusing on the problems, they seem to be content battin' at your pencil and chewing up the paper.
- In Sacramento, the town is a-buzz about the Mike Bibby (not pictured) trade to Atlanta for a bunch of fellows who may or may not be able to play the game of basketball. (Or do algebra). Time will tell. I'm not a Kings fan (being from LA), but Kings' GM Petrie has an uncanny knack of dealing away players past their prime and getting value or unwinding salary cap.
