Boomers

* Interesting column in today's Wall St Journal (WSJ) that ponders whether or not stock prices will get crushed as boomers retire.

* I forgot to mention that in Elektra, Jennifer Garner and Natassia Malthe had a kissing scene. As Paris would say, that's hot.

* LA Lakers Dr. Buss meeting with Phil Jackson to talk about the coaching job... I wonder if that's like a normal job interview? "Phil, what are your strengths and weaknesses? Where do you see yourself in 5 years?"

* In the WSJ article, Jeremy Siegal says that it will take a "massive investment in US stocks by people in India, China, and other developing countries to prevent a market meltdown."

* "Phil, say you have a problem employee, who thinks he runs this team, and by his words and actions conducts himself in a way that undermines your authority. Say this employee drives our personnel manager to make unwise trades to teams like, uh lets say Miami, that exchanges premium talent for mediocre talent. How would you handle this situation?"

* Seigal adds: "God knows, I want to be an optimist," he says. "But I don't think there will be enough assets from U.S. sources going forward to pay for people's retirement."

* My friend wants to open up a Starbucks. $2 million franchise fee she says. That's a lot of caramel macchiatos.

* I wonder whatever happened to the rock group April Wine? A quick google search reveals that they have a website.

* Prof. Siegel thinks it's likely retirees would try to sell their assets -- stocks, bonds and real estate -- in a desperate effort to keep up their living standard. But in the aggregate they would fail, assuming foreign buyers don't step in, he says. The imbalance between U.S. buyers and sellers would drive stock prices downward, leaving people with far less money than their account statements today suggest they'll have.

* I'm bullish now. I don't know what will happen as boomers retire. That's a little far off to project. I think the market trends higher for now. If we pullback on lighter volume, I'm going to move from safer dividend stocks into more aggressive stocks. Let 'er rip.