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Random Thoughts

By

Holy Europe, Batman--it's nasty across the pond!

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  • Does Toothpaste have a lot of carbs?

  • When is Gold.com gonna peter out?

  • Fokker just told me the VIX is spiking. This isn't a Spike, Florence Nightingale--the Asian Contagion...now THAT was a spike!

  • The NDX took out Friday's low at 970. That now becomes resistance. The corresponding level for the S&P is 840.

  • I VERY rarely shoot against my stochastics. When I do, I get a 'borrowed time' feeling that I have a window of opportunity before they kick in.

  • Relative to size, the strongest muscle in the body is the tongue.

  • I'm hearing that Europeans are heavy on the sell-side today.

  • Right handed people live, on average, nine years longer than left handed people do.

  • The drillers continue to act well.

  • '7-UP' was created in 1929. '7' was selected because the original containers were 7 ounces. 'UP' indicated the direction of the bubbles.

  • The SOX continues to act dry while the BKX continues to act fugly. How do I incorporate this into my daily mix? If I was looking to short something, I'd look in the S&P complex. If I was looking to fade 'em to the long side, I'd scan the NDX names. That's what I mean when I say "N's over S's."

  • It's SashimiTuesday. Waaaaaaaaaaasabi!

  • The tape is approaching "dry leaves" status--all it needs is a (bullish) spark to ignite it.

  • If you could play any instrument, what would it be?

  • Pop Quiz: What college did my brother Adam attend? The first person to correctly identify the learning institution will win their choice of a Minyanville Tee--gratis! One guess per Minyan, and please send your responses to survey@minyanville.com

  • When (if) we break convincingly through this S&P level, I'm gonna roll my stop down accordingly.

  • Hedge funds are the last remaining bubble.

  • Frozen Yodels are the bomb!

  • I haven't set a level in my mind that will trigger a Hoofy cameo but, I would think, any meltage near 800 will offer a decent bungee scenerio
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