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Random Thoughts


Marsha, Marsha, Marsha!


  • Yesterday, while the majority of the screens were red, gold was a standout to the downside (signaling a potential equity rally). Today, while the majority of screens are green, gold is a standout to the upside.

  • Each king in a deck of playing cards represents a great king from history: Spades - King David, Hearts - Charlemagne, Clubs -Alexander the Great, Diamonds - Julius Caesar.

  • Breadth, while off its best levels, has remained positive all session.

  • General Electric (GE:NYSE) and Microsoft (MSFT:NASD) are propping up today's tape.

  • The word "samba" means "to rub navels together."

  • European bourses are hugging either side of the flat line.

  • I'm seeing continued call buying in the drugs.

  • The glue on Israeli postage stamps is certified kosher.

  • There are trades for the day, trades for a catalyst and trades for a thesis. Define your m.o before strappin' on the risk.

  • Oh yeah, the dollar is making fresh seven year lows.

  • Analog Devices (ADI:NYSE) reports tonight and Hewlett Packard (HPQ:NYSE) is tomorrow's business.

  • I'm getting stopped more times than my high school prom.

  • Citigroup (C:NYSE) stochastics are edging towards a buy signal. Just an fyi (and certainly not advice).

  • If you're getting bullish higher and bearish lower, take a deep breath.

  • Billy Ocean shoulda been much bigger than he was.

  • When unsure, trade a little "in between."

  • Pets are great therapy.

  • Professor Succo's latest gem makes a great point. Good traders know how to take profits. Great traders know how to take a loss.

  • Do something Joel today.

  • Don't let today's flattish action fool ya--there's a huge battle going on between the bulls and bears.

  • Beeks will drop off the housing starts and building permits tomorrow (exp. 1850k).

  • The critters have taken a vote and will celebrate a vegetarian Thanksgiving. It's only right.

  • We might need to set up a NYC Minyan football soon.

  • Watch the session lows (S&P 1042/NDX 1390) as a support level. Traders have likely set "sell stops" below.

  • The semicaps are starting to get a little heavy.

  • I am already very heavy (for me).

  • Johnny Bravo would say "Heavy, man. Real Groovy." (it must be the duds)
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