Monday, December 03, 2007

Save Journeyman, Save the World

  • I  check Yahoo Finance daily.  I like how they bundle up the market action in just one sentence.  Sometimes it makes sense.  Sometimes it leaves one scratching their head.  Today?  "Wall Street fell Monday, led by financial services stocks, on concerns that the U.S. economy's expansion will erode amid troubles in the mortgage industry."
  • Thanks for the insight, fellas.  Not that one can generally determine why the market does what it does on any given day.  Here's one on me for the future, "After last weeks advance in the financial markets, investors were cautious ahead of this week's economic data."  
  • Or, "Investors sold off stocks today, depressed that NBC was not airing rookie show Journeyman monday night."
  • Save Journeyman.
  • I remain 100% long, and didn't do much of anything today.  We're still in the monthly strength period, and I remain optimistic about the economy despite the constant roar of gloom and doom from the major media outlets and financial pundits.
  • Finished Christmas shopping?  Started?  Avoiding? 
  • Me?  The latter!

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