Monday, May 03, 2010

Monday Randomosity!

  • imageOne day up.  The next day down.  Lots of big point swings.  Topping action?  $$
  • Sell in May?  Mid-year election cycle?  Lots of things to think about.
  • I am no longer 100% invested.  I sold some beta (NDX and Small Caps) last week.  Eh, so far nothing dramatic.  The problem is that there is nowhere else to put that money to earn anything.  Maybe that’s the biggest bullish argument out there!
  • And if you can’t invest it, I guess you could light your cigarettes with it.
  • IHOP Pancake Stackers.  1250 calories of yummy goodness.  IHOP's "Pancake Stackers" will be a limited-time offering through June 20, and consist of: a layer of cheesecake sandwiched between two pancakes, available in strawberry, blueberry, or cinnamon apple, all topped with whipped cream. They will be available a la carte or as part of a combo meal, with eggs, hash browns, plus bacon, porks sausage links, or ham, which will tally up to 1,250 calories.
  • The knee-jerk reaction to the horrible oil disaster in the Gulf is to ban offshore drilling.  Why not a knee-jerk reaction to ban cars?  Cars are the things using all that oil.  Anyway, my guess is that if oil prices get above $4-5, then the next knee-jerk reaction will be to resume the drilling.
  • I’m on the iPad waiting list at the local Apple store.  What the heck.  Should have one in a few days.  And then my life will be perfect, if not iPerfect.
  • 1 million iPads sold in 28 days.  So… uh…  I sold my Apple stock prematurely.  "Demand continues to exceed supply and we're working hard to get this magical product into the hands of even more customers," said Apple CEO Steve Jobs in a statement.
  • I have Joe Mauer and Manny Ramirez on my fantasy team. Neither are playing.
  • Arnold Schwarzenegger vetoes smoking ban at parks.  Heck, CA has a big deficit.  We need more people to smoke more often.  Even at parks!  …the law would have been too intrusive and would not have done much to curb litter on California's shoreline.

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