Tuesday, September 16, 2008

When Banks Cry Randomosity

  • Just a thought... Apollonia Kotero.
  • HP to cut that workforce like they mean it! 7.5% cuts over the next 3 years.
  • Well, when life gives you lemons, you hire ex-HP employees and open up lemonade stands.  Franchise!
  • Market modestly up as I type. I think we'll all in some shock about it all.  Basically a retest of the July lows, with new lows though.  Yeowch.
  • And nothing but doom and gloom chatter on the news and blogs now.  Both presidential candidates swearing that they'll fix it.  Uh-huh.
  • Porn coming in second after social networking sites.  "...surfing for porn had dropped to about 10 percent of searches from 20 percent a decade ago, and the hottest Internet searches now are for social networking sites."
  • Sell signal still on at Jason's.
  • I missed the Investor's Intelligence numbers last time, but Headlinecharts has 'em.  Longer term investors have to like this bearish newsletter sentiment.  This has been a really long period of bearish outlook by newsletter writers, nicely setting up for the next market bottom.  From a contrarian point of view, this data is highly favorable for stocks.  Of course, this was from friday...
  • More later...