• Jeezums!  I feel like a moth in a light bulb factory today--so much to do, so little time! 
  •  Then it again, it could be worse!
  • Pepe Depew's insanely talented 5 Things inspired my morning missive.  
  • The semis stand out as green beans in the Red Sea.  
  •   Textbook technical analysis dictates that the retest of a breakdown or breakout is the optimal spot to initiate risk.  
  •   If that proves true, SOX 330 is nice and tight defined risk for Boo.
  •   Isn’t this like saying “Gee honey, we haven’t hit traffic the entire trip!”
  • Other levels of lore?  BKX 60, Mon Frere.  See it all the way back to 2002.
  • I'll tell ya, Sisyphus had nothing on my inbox.
  • As discussed , I've got a pairs trade on with consumer non-durables on one side (General Mills (GIS), Coca Cola (KO)) and retail on the other (Wal-Mart (WMT), Sears Holding (SHLD)). 
  • The thesis is that the commodity meltage lowered input costs for the non-durables that won't be passed through to the consumer, improving margins, while the end-user will continue to struggle as the credit crisis waffles from Wall Street to Main Street.
  • You know what else continues to continue?  A massive disconnect between credit and equity.  I'll continue to harp on it because it's the greatest story never told by the mainstream media. 
  • Oh, they'll cover it, but as an after-the-fact explanation rather and through the lens of proactive preparedness.
  • I've been trading around a small USO call position and, for the last three days, have bought the opening and pared into the close.  While my net P&L is marginally lower, "trading around" the position has allowed me to effectively operate as I play for a Snapper 1) into par ($100) the first time and 2) with an eye towards the forming storms on the horizon.   
  • My big picture thesis is deflation, mind you, I'm simply playing the path rather than the destination.
  • T-Minus six days until THAT day, which is my own personal transition to a new year. 
  • So what are we gonna do about it?  Celebrate life, love, friendship and each other with a post-close MVHQ Happy Hour.  The purpose of the journey is the journey itself and what a journey it's been!


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