Tuesday, April 06, 2010

Tuesday Randomosity

  • imageThe market continues to act well.  Why fight the trend?  $$  I remain 100% invested. 
  • $AAPL acknowledges iPad Wi-Fi issues. Oops. “Under certain conditions, iPad may not automatically rejoin a known Wi-Fi network after restart or waking from sleep. This can occur with some third-party Wi-Fi routers that are dual-band capable when: Using the same network name for each network, [or] Using different security settings for each network,” Apple wrote.  Still waiting for the next version, if any.
  • Hey, HP is releasing its own tablet PC, called the Slate.
  • Yes, the stock market is due for a pullback.  Everyone knows that!
  • Seems like we’re getting big earthquakes every few days.  This 7.7 earthquake hits Indonesia.  The temblor struck 125 miles from Sibolga, situated on Indonesia's Sumatra island, the U.S. Geological Survey reported. The quake hit at a depth of 19.3 miles at 5:15 a.m. (6:15 p.m. ET, Tuesday) USGS said.  Hmm, I wonder when one will hit CA?
  • What a game last night!  I was cheering for Butler.
  • Greek bond yields at 7.1%. The big market moves on Tuesday were a reaction to rumors and press reports, rather than to a significant change in the Greek financial situation. But if jittery bond investors become reluctant to buy new Greek bonds or demand still higher interest rates, European countries might be forced to strengthen their commitment to a bailout.  Keeping this one on the watch list.  Debt is a bad thing.
  • The court ruled against the FCC and “net neutrality.”  Winners and losers.  Telecoms win.
  • RNC member resigns in protest of spending scandal.  Sean Mahoney, one of 168 RNC members who elected Steele, said the scandal involving the RNC spending $1,900 at a risque California night club is "the straw that broke the camel's back." He said he was resigning in protest of what he considers inappropriate spending of donors' money.  "The scandal represents a pattern of unaccountable and irresponsible mishaps that ought to unnerve every fiscal conservative.”  Ya think?
  • I expect people with lots of money to be partying and having all kinds of wild sex with lots of people.  But doing that with someone else’s money shows an utter lack of concern and respect.  Party on your own dime, folks.

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