Tuesday, April 11, 2006

Tuesday Quick Hits

  • Americans believe "everyone is fat but me!"  Hey, other than sticking to a healthy diet and exercise program, folks are probably doing well with their health maintenance program!
  • Starting with the market... Seeing more selling today.  Getting the pre-options week weakness.  The unusual thing this week is that friday is a market holiday.  So it'll be interesting to see how the traders decide to position themselves ahead of options week.  Volume could dry up thursday.  It'd be tempting to put some cash to work on any wednesday weakness.  Not sure.  I'll plug in the Black Box tonight and see what she has to say.  I'm still mostly long low-beta stuff, and have cash on the sidelines from last week's sells.  Last I looked, the 200dma of the Nasdaq was around 2245ish.  Just another marker out there.  I think a 5% pullback from the highs on the SP500 would be around 1245ish.  (Forgive me if I'm off a bit on the math).  I'll have to do a sentiment check, too.  I think the put-call ratio is over 1, so that could be cause for a bounce of some sort.
  • On 24 last night?  Well...  How come Jack didn't record the voice recording on his PDA phone, and email it to CTU?  Every 14-yr old knows how to do that these days!  I'm sure Jack has EVDO, right?
  • I happened to watch 7th Heaven last night  I guess it's going off the air, but it was kind of funny.  And the DVR was recording (not one but two episodes of) The Apprentice.  I'll have to catch up.  Unfortunately, there are about 15 recordings of whatever on my DVR.  I wonder what happens with free spaces goes to nil?  Hmm.
  • KLo on France's attempt at labor deregulationThe big three in Old Europe are still wedded to statism, unionism and watered-down socialism. Growth is slow, unemployment high. While U.S. cowboy capitalism has spread to Ireland, and to a lesser extent, Eastern Europe (and even Norway and Spain), the big three Euros can’t get it right. They will fall further and further behind in the global boom that has taken the American model as its lodestar.  He probably has a good point or two in that column.

  • Ricky Williams is appealing his latest positive test for drugs.   Lawyer David Cornwell and Williams met Monday with NFL counsel Jeff Pash in an attempt to have the league overturn the test.  Big stakes there for the Miami Dolphins. 
  • I think getting an XBOX 360 isn't as tough as it used to be.  I still don't have one, but a few of my coworkers here at the Fun Factory have been able to walk into a Best Buy and get one.  The supplies sell quickly they tell me, but seems like if you want one and are willing to get to a store early, you can get one.

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