• Somebody stop me--it's sorta like lyrical addiction!
  
  
• Do I think there are more shoes to drop for the financials?
  
  
• Dude, does Old Mother Hubbard like Jimmy Choos?
  • STOCKS
  • RELATED ARTICLES
  • ALSO BY...

  SEARCH:

  Biotech Roundup: Dendreon, BioMarin...
  Amgen and ImClone Snubbed
  Biovest A Risky Bet
  Toddo on TV: Everybody Has Bad Days, Even Carl Icahn
  Angst Gives Way to Opportunity
  

  The Other Side of the Dollar
  Randoms: A Devil of a Level
  The Mother of All Pennants
  Monday Morning Quarterback: Printing Press vs. Credit Stress
  Freaky Friday Potpourri: Why the Lower Dollar Isn’t an All-Clear
  
  
  
  
• Of course there are—regardless of which way you're (I'm) positioned, never rationalize risk.
  
  
• The trick is to identify the thin layer of opportunity that resides between perception and reality.
  
  
• The Bristol-Myers (BMY) - Imclone (IMCL) deal is an incremental positive (M&A always is).
  
  
• Please note that last time I checked Webster's, "incremental positive" isn't defined as a "panacea." It's simply a piece of a multi-linear, ever-changing puzzle.
  
  
• MBIA (MBI) is a pure trade.
  
  
• "Heck, they're all pure trades until dried-out, brain-dead skags like Boo drag them down and convince them they're no good. You so much as scowl at my niece, or any other kid in this school, and I hear about it, and I'm coming looking for Boo! Take this quarter, go downtown, and have a rat gnaw that THING off your face! Good day to you, madam."
  
  
• I've been an educator for thirty-one POINT three years...
  
  
• N's over S's (the four-letter freaks are out-performing).
  
  
• I’ve still got a small Schering Plough (SGP) position, which I’m holding (as opposed to selling into the upgrade). My (admittedly early) view that pharma and consumer non-durables will outperform remains in play.
  
  
• Continental (CAL) $16 is "break down" resistance, if and when. Tom Petty would be proud!

The Following Buzz Appeared at 9:43 this morning and is being shared for the benefit of Minyans not yet on the Buzz (what’s keeping you?!?!?)

I entered this morning's fray with small positions in the financials (Citigroup (C) calls, MBIA (MBI)). 

Into the opening punk, I added back my Citi calls (sold into yesterday's rally) and scooped some Wachovia (WB) calls (traded dry yesterday) and Mother Morgan (MS) calls ( will have acne through $40, if and when).

My risk leash is tight (pure trades) but I'm a buyer of dips into S&P 1235 and BKX 60 for the 'bear market rally through S&P 1300.

Nothing crazy, mind you but that's my thinking as we find our way. 

Sometimes right, sometimes wrong, always eating...

More Randoms
 

• Into the upside reversal, I forced myself to sell a snivlet of the Citigroup calls as a function of discipline.
  
  
• Buy dips, sell blips, stick, move, duck, goose and all that jazz. Analogies abound but the message is the same: the mechanics of the swing are always more important than the results of the at-bat.
  
  
• If you could play any instrument in any band, what would it be and who would it be with?
  
  
• There's an "easy" trade each day. That Snapper off this morning’s lows might have been it.
  
  
• "Easy" is a relative term, I know.
  
  
• If and when Disney (DIS) trades with a $20-something handle, I might dip my schtick in Mickey's wick.
  
  
• Please note S&P 1282 and BKX 68.5 on a closing basis.
  
  
• IF and when, they would represent  "higher highs" after the "higher lows," yet another stealth positive. And yeah, that's a BIG IF.
  
  
• Hey Bertha, get lost!