By Todd Harrison Jan 30, 2004 11:27 am
I do NOT look like Michael Jackson!
- After the Exxon Valdez oil spill, the average cost of rehabilitating a seal was $80,000. At a special ceremony a cheering crowd watched as two of the saved animals were released back into the wild. Moments later they were both eaten by a killer whale.
- The internals remain marginally positive in the Nazz, marginally negative on the big board. After yesterday's vomit breadth, this is an important guide.
- The Buzz and Banter feature (February 16th) will allow for much quicker, time sensitive observations.
- My favorite technician is urging caution in the semis (many are approaching absolute and relative resistance). My smartest fundie contact, for what it's worth, is "100% confident" that we've already seen peak multiples. This isn't advice--it's just an observation--but when looking for trades, you want the highest quack count as possible (as ducks line up). For educational purposes, they both think the semicaps underperform the pure semis.
- The dollar acted much heavier than I woulda thought yesterday (with gold down $17). It's in the red today as well.
- The quickest way to lose money is by trading "not to lose."
- Miss Claudia!
- Fokker's favorite U2 lyrics? "Did I disappoint you...or leave a bad taste in your mouth?"
- Did anybody else miss Succo? He'll be back in the fray Monday.
- Fannie Mae (FNM:NYSE) "should" find support at $75 (where it broke out).
- Sometimes he would accuse chestnuts of being lazy, the kind of general malaise that the genius possess and insane lament.
- "Every man....Every man has to go through hell to reach paradise" - Max Cady in Cape Fear
- Can't find a discernable level? Alter the time frames you use on your charts until something jumps out at ya.
- Dan Meehan, Patriot fan, just said "Go tuck yourself, Toddo." Wow.
- Caterpillar (CAT:NYSE) $85 is a textbook example of why you never want to anticipate a breakout (at $85). KLA-Tencor (KLAC:NASD) through $60 is a textbook example of a false breakout.
- Good traders know how to make money. Great traders know how to take a loss.
- Rumor has it that Fokker was late 'cause he was auditioning for the role of Potsie in Happy Days: Here Again.
- First Down!
- The semis and cyclicals are closer to stochastic buy signals than sell signals but have a bit to go
- The funniest man in show business?
- Cisco (CSCO:NASD) is now red (after the early jig). Sir Chambo will take center stage next week.
- The Ann Arbor News crime column reported that a man walked into a Burger King in Ypsilanti, Michigan, at 5 a.m., flashed a gun, and demanded cash. The clerk turned him down because he said he couldn't open the cash register without a food order. Then the man ordered onion rings, the clerk said they weren't available for breakfast. The man, frustrated, walked away.
- Trannies down 80.
- I'm not impressed with this gold bounce.
- Jon Cusack is one of those actors that doesn't get much press but is always spot on with his performance.
- Too many Random Thoughts? Sometimes the writing mechanism goes on the fritz.
- Intel (INTC:NASD) still warrants an eyeball.
- Brodsky and Fokker are joining me for our Penn finance club gagglefest. We can't seem to decide on a venue though.
- If you're having trouble reading this, no worries--the new site (Feb.16) will have font size control. No more shrinkage!
- Michael Eisner (DIS:NYSE) sure seemed to piss off the wrong people. Forget the mouse--I smell a rat.
- It was the Dukes it was the Dukes!
- A correction to, say, S&P 1060 shouldn't come as a shock to anyone. It'll only happen, however, if the financials crack.
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