Thursday, May 17, 2007

Whale Watching in West Sac

  • Ah, the great Sacramento pastime: Heading down to West Sacramento and watching the whales frolic in the fresh water turning basin in the Port of Sacramento.  The port is about 70 miles north of the San Francisco Bay.
  • Last night on the news, there was a 5 second blurb that mentioned "Well, LA airport has been evacuated because of mortar shells."  Then the next 15 minutes of the 30 minute news was spent on the whales.  Followed by another 5 seconds of "Looks like somebody in LA tried to get mortars through the airport, they were caught, and folks are re-entering the airport. Up next, sports, weather, and more on the whales."  Maybe we're at the point where we're numb at the societal madness, and want to focus on helping out where we think we can do some good with the wayward whales.
  • How about the market volatility this week?  Does the increased volatility indicate a sign of a top?  As if we're just churning trades without making any progress. Just thinking out loud.  Meanwhile, I remain as I've been positioned for awhile with low beta holdings, a little QID, cash and some mo-mo stocks.  But I'm down to very few mo-mo stocks and not seeing much out there in chart-land that looks inviting.  Thinking that cash on the sidelines isn't such a bad thing right now.
  • Blake vs. Jordin on the finale of American Idol.  I'd think Jordin will be a shoe-in.  Not surprised that Melinda was voted off, because you figure younger folks are texting in the votes. 
  • X-rated nude car washThe Bubbles 'n' Babes car wash in Brisbane prompted a flood of complaints with a topless car wash for A$55 ($45) and a nude car wash with X-rated lap-dance service for A$100. "If it was approved for a car wash then I can't imagine how we can stop them," Lord Mayor Campbell Newman told a council meeting with worried local lawmakers.
  • The investor guide to Global Warming.  Don't get me started on the global warming hype.  But I'm all for clean air and reducing the burning of fossil fuels.  I think that's the common ground we can agree on.  And there are investment ideas out there.  I've been playing some solar names, and looking into alternative energy stocks for ideas.
  • Just waiting for a climatologist to tell us that whales are mistakingly migrating to West Sacramento because of global warming.
  • Filtering Wall Street taking a look at RSI(2) and ATR(10).  A worthy read.

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