Saturday Market Thoughts

• Another Saturday of being invested in cash and watching college football. 
• Bad employment data and previous months revised downward?  No problemo.  Stocks rally because it means the Fed may not taper.
• Or maybe the Fed will taper.
• I think it's a mistake if the US launches a missle barrage on Syria.  No, not because of what Russia's Puten said or England opting out.  No, not because President Obama and John Kerry look like complete idiots everytime they have the opportunity.  But...  Haven't we learned our lesson(s) with wars in the Middle East?  Yes, it is tragic that so many people are dying horrible deaths.  But do we have the ability to stop it?  And lets be blunt, aren't the Western nations better off if the radicals are shooting at each other, rather than at us?
• Or maybe the Fed won't taper.
• So, the stock market seemed to gyrate on whatever Syria news hit the tape yesterday.  Up and down.  Down and up.  Plus the labor news, where the unemployment rate is falling, but the labor participation percentage is falling.
• Emerging markets doing well, huh?
• Or maybe the Fed will taper.
• I remain in cash.  I anticipate a buy decision is coming at some point within a month or two, though.  The sell in May thing doesn't last forever.  
• Watching the moving averages and black box.  Not doing anything yet.
• OK... Notre Dame at Michigan...

Saturday Randomosity

• I don't think going to war with Syria will have a long-lasting effect on the market. 
• I'm still in cash, and waiting patiently.  
• College football Saturday!  I've been watching a lot of games... since Thursday!  Friday night's North Dakota State win over Kansas State was very fun to watch!
• Not that I'm in favor of going to war with Syria.   Haven't we learned our lesson(s) with wars in the Middle East?
• So, Same-sex couples to get federal tax breaks. Hey, what about the marriage penalty?  Aren't taxes higher when incomes of two wage earners are combined? 
• President Obama said he was going to ask Congress if it was okay to bomb Syria.  Really?  I think he's looking for the do-nothing Congress that opposes him on everything to tell him NO, and that's his out.  Right?  Then, back to working on his golf handicap.
• They say consumer spending tapered off in July as folks held on tight to their wallets. I wonder how rising interest rates and rising gasoline prices are contributing to this.  Oh... and the higher payroll tax, too.
• Sarah Palin said on Syria, "Let Allah sort it out.'"  Agreed!