• It looks like it’s the end of the line, folks!
  
  
• What am I doing? Trading from the long side above S&P 1235 and BKX 60.
  
  
• I’m no Pollyanna—old school Minyans know that I expect a prolonged period of socioeconomic malaise—but the destination pales in comparison to the path that we take to get there.
  
  
• The KEY to navigation is the lens with which you view the dew.
  
  
• Vehicles today—as discussed real-time on our Buzz & Banter— include Morgan Stanley (MS), Wachovia (WB) and MBIA (MBI) (most through call options).
  
  
• Doesn't make it right but you can bet your bottom dollar it's honest.
  
  
• Wow, did I just reference Annie? I must be fried.
  
  
• Why didn't I put my money where my MasterCard (MA) charge was?
  
  
• Can Visa (V) be far behind?
  
  
• Hey S&P--double top or higher low?
  
  
• A Summer Friday wearing flip-flops can only mean one thing. Sushi for lunch, and a lot of it!
  
  
• "S's over N's" is the theme du jour as we find our way through this nutty fray.
  
  
• Do you think that senior management at Mother Morgan thought it was weird that an officer of the firm cried when he found out Jerry died?
  
  
• With crude up a deuce, are weekend jitters the modern day equivalent of "rumortrage” Friday.
  
  
• Note to self: the next time a position is up 7% on a Merrill upgrade (Schering-Plough (SGP) yesterday), discipline dictates selling something, even if it's a token offering.

   

• Look for a while at the China cat tech-ni-cals, limp walking jingle in the midnight sun! 
  
  

   

• It's worth noting that, heading into the Olympics, Shanghai continues to bearishly churn under the technically significant 3000 level.

   

• As go the dancing bears, so goes the show! The BKX is dancing in Matador City as Wachovia (WB), Bank  JP Morgan (JPM) and  Washington Mutual (WM) (and Morgan Stanley (MS)) find their face.

   

• Speaking about stealing your face! Just when you thought it was safe to enter biotech, Biogen (BIIB) (-25%) shakes down the Street. 

   

• Ramble on Rose and ramble on MBIA (MBI) (+20%) and Ambac (ABK) (+40%!)

   

• One of the coolest "perks" in the 'Ville is the incredible "burns" ye faithful send me of various shows. A Ruby Wink  to Minyan DS who, in addition to a wicked Warfield '92, tossed in some love for the Ruby Peck Foundation for Children's Education.
  
  
• Who's the smartest critter in the bunch?

R.P.

For more of Toddo's vibes, check out Random Thoughts: Dancing in the Street!