Friday, May 30, 2008

Friday at the Funplex

  • Yes, I work at the "Fun Factory" but in honor of the B-52's latest song, we'll call it the Funplex. Who doesn't feel like a "daytime waitress at the Taco Tiki Hut?"
  • Continued leadership by the Nasdaq. We're in the monthly strength period here, as the 401(k) money gets dollar-cost averaged into the market. This should carry us a few days into June, and then it gets interesting again.
  • Closed my YGE position.  Bleh.  Not a winner, but not a big loser. Still 100% invested at this point, mostly in Nasdaq.
  • CNBC's Mark Haines scoffed this morning at the notion that inflation was only in the 3% range.   Mark, you've been spending too much time at Barry's site.  Higher energy prices aren't inflationary, they suck away folks discretionary cash and send it to OPEC.  This leaves less cash for the Cheesecake Factory and shopping at the mall. 
  • Speaking of...  Never pay retail again!  After sending their walkin' around money to OPEC, folks are trying to stretch their remaining dollars.  I've noticed Costco and the Wal-Mart superstores are very crowded.  I can't see why anyone would pay extra to shop at the Raley's or Safeways these days.  A box of Corn Flakes is a box of Corn Flakes.  So I expect these major grocery outlets and retailers to be lowering prices to compete.  Don't they have to?
  • Although, some folks will drive an extra 20 miles to save a nickel per gallon on gasoline, and I'm not sure that makes much sense.  Especially when you consider the long line at the Costco filling station.  Heck, I'll go across the street and spend an extra $2 if it saves me 30 minutes of waiting.

  • Laker Girls deserve a break before the Finals, no? Well, not a break from here. It's Laker Girls morning, noon, and night here!
  • Streaming internet video to your big screen TV is coming.  You can do it now, but it takes a little research (and an HDMI out on your video card would help).  They'll make it easier, and costlier, soon.
  • Man, internet connection here is dying.  Posting this and leaving!  As my boss would say, "My fun meter has maxed out for the day."
  • It is all about fun here at the Funplex.  LOL.
  • Celtics-Pistons!

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