- Yeah, yeah. China olympics in Beijing. Thousands of folks dressed up in costumes and banging on drums. Got it. Nice LCD screen, by the way.
- Meanwhile, the big news is the signing of Chad Pennington (not pictured) by the Miami Dolphins. Pennington was immediately named the starter.
- The announcement sent the DOW up over 300 points.
- I don't know what you're thinking, but there has to be a way to trade these NFL QB moves.
- Heading into the weekend, I remain 100% invested. We're heading into options week, and it's hard to imagine that could add any volatility to what we've been seeing.
- The Long-Short system remains on a buy. Duh, of course. Nearing the top of the range so it'll be interesting to see how it acts next week.
- I think a lot of IBD followers are still on the sidelines. We did have the confirmation day, but we haven't had the kind of leadership one would like to see in a New Bull Market.
- I think the Fed is on the sidelines until after the election. Maybe some random comment about inflation or such, but they'll steer clear of The Main Event in November.
- John Edwards says, well... He did it. With Rielle Hunter. Another headlines grabber for awhile. Aren't we getting a little numb to this stuff by now?
- Oh, that's Dolphins rookie cheerleader Jennifer!
Friday, August 08, 2008
8/8/08 Really Big News
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