Thursday, August 31, 2006

End of August Already???

  • There goes August, as another summerraces by...
  • Month-end strength and historic Labor Day weekend strength wasn't enough to get the market moving today.  Could it be that this was all priced in and accounted for?  Maybe.  There does seem to be the "September is a horrible month to be in the market" mentality out there.  Everyone seems to be talking about it.  On a bike ride last night, I was listening to Gary Kaltbaum's radio show, and a caller called in speculating about how horrible September would be and that he "had his buying list ready."  So... uh.... Is that everyone's view?
  • Shocker... Iran rejects deadline.  How much of this is priced in?  Didn't everyone already know that they were going to continue to build nukes?  Look, they want to wipe Israel off the map.  They'll need the nukes to do this.  What's so hard to understand about that?  My bet is that the US or Israel will knock out their nuclear facilities within the next month or so.  I don't know if that's a good idea or not, but a nuclear armed Iran seems like a bad idea, too.  What to do when there are no good alternatives?
  • Updated all my RSS feed subscriptions to include NFL news.  Adam Vinatieri broke his non-kicking foot...  AND!!!! Today is the kickoff for NCAA football!
  • "Dear Santa, I want a new TV for Christmas."  Panasonic said on Thursday it would start selling the world's largest television set, featuring a 103-inch (262-centimetre) screen, for $80,000.  You're going to need a bigger sleigh, big guy.

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