Friday, November 19, 2004

The Ghost of 2000

* Democrats still haunted over 2000, are now trying to conduct a recount in Ohio 2004. File it under "sore losers."

* Stock market? Fridays tend to move opposite of the trend, as folks lock in profits. We're in dire need of a healthy pullback or consolidation. Next week is the week after options expiration, and that tends to be negative, but with Thanksgiving holiday in there, it might buck that trend. The following week is the begining of December, which should be positive and Microsoft's dividend hits, too. We shall see how it plays out. I always try and guess what the market will do, but if I'm wrong, that's okay. Stock prices will tell the true tale...

* I don't know if I'll see the movie "Alexander" or not, but there is some outrage over the suggestion that Alexander the great was homosexual. I don't think it was ever brought up in my 7th grade history class that Alexander liked walking on both sides of the street. Do you recall? Is this just Hollyweird?

* The fallout from Merck's drug snafu is now being felt by other drug companies. Isn't that how it goes? One company announces it has problems, then the fear spreads. Hard to hold individual stocks and guess what fear or greed will do.

* Are stocks down because it's fridays options expiration? Crude is higher, too. Looks like bonds are taking a whack. REITs seem to look a little toppy lately.

* On The Apprentice? Trump did the right thing. Wes and Maria had to go. Jen sure stole Ivana's limelight, eh? This was the best week for Ivana, and Jen swooped right in and stole her thunder! The darn Fembot!

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