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Random Thoughts

By

Turn...the music....OFF!

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  • Do Something Joel.

  • Keep an eye on intelligence rumblings out of Washington.

  • The musical glitch is pissing me off too---trust me, we're working on it.

  • Did anybody else see the Zach Thomas segment on This Week in the NFL?

  • The bulls are pitching camp at NDX 1360 (top of gap/50-day moving average). That will either serve as the "buy the dips till you get clipped" zone or the "uh-oh, this dip didn't hold either" level.

  • My boy Blue!

  • The breadth isn't giving the love (yet)--there are now two losers for every winner.

  • Keep an eye on Cisco (CSCO:NASD).

  • Mallied?

  • Feeble bounce by the Jinx.

  • It's still very reactive out there. The buyers are higher and the sellers are lower.

  • There's no volume and little fear out there. That's either bullish and we'll shrug higher or it's a sign that the downside fun hasn't even begun. The longer the former continues, the nastier the latter will be.

  • If there's a game 7, how great would it be to see the Rocket one last time?

  • Mind the upside gaps (from this morning's opening).

  • Now youz can't leave.

  • Dallas can't beat the Buc's....can they?

  • I still wanna fade rallies but given the jittery critters, I wanna position myself via options and with positive gamma.

  • If the reason for the Nikkei spill was profit taking into year end, is that supposed to make the 550 points more digestible?

  • I read an article once profiling the most successful businessmen of all time. The common thread? They all, at a point, zagged against conventional wisdom and forged a new path.

  • If you spend all your time trying to please others, chances are you won't find happiness yourself.

  • Quick and dirty!

  • Are back to back Snappers too scripted?

  • "Get busy living or get busy dying"--Ellis "Red" Redding, Shawshank.

  • I wanna go to the jousting joint they went to in The Cable Guy.

  • As it stands, S&P 1050-1060 (the broadening top we spoke of a few weeks ago) is in tact. But I can only find a few select bears who've got any confidence in the downside.

  • Face it--you'll never be long enough when they rally and never short enough when they fail.

  • Europe is flattish.

  • The critters may soon outgrow the internet.

  • Watch General Electric (GE:NYSE) as it approaches its 200-day moving average (27.81).

  • Can you hear me now?

  • The answer to debt isn't to issue more debt. That's like giving a drunk another beer so he doesn't get a hangover.

  • Fokker Kahn. Fokker Kahn. Fokker Kahn let me love you let me squeeze you Fokker Kahn, let me love you that's all I wanna do. Fokker Kahn.

  • Pork Chops and apple sauce. Swell.

  • Life before 9/11 was...different.

  • Microsoft (MSFT:NASD) 27 is a battleground.

  • Are we in the denial stage (denial-migration-panic) of a new bear phase?

  • S&P 1020ish is the 50-day moving average support, fills the gap and is a key level in Fibonacci terms. Expect it to be a fierce battle.

  • Badges? We don't need no stinkin' badges!


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