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Random Thoughts-Part Deux!

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July paper be gone!

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  • The greatest trick Boo ever pulled was convincing the world that he didn't exist.

  • If Citi (C:NYSE) can pin $45, the tape will escape the Friday scrape.

  • Did the White House really say that the economy is cookin' despite the economic data?

  • Are we getting mixed messages from the Fed? Of course. A savvy pitcher doesn't throw straight heat every pitch. He mixes it up to keep the batter off balance. Slider, fast ball up and in, curve, curve, sinker, change-up...

  • Denial?

  • Are too many people looking for a tradable bottom here (present company included)?

  • Is that a pledge pin on your uniform?

  • We're in the process of moving offices and I'm very psyched that the new digs will access Bloomberg TV. The current business channel we watch is tough to stomach (and I've got a fair sized stomach!).

  • Strong markets finish strong. And vice versa.

  • The town of Peculiar, Missouri got its name when the first postmaster of the town - after having several names rejected by postal authorities in Washington - wrote a letter asking them to just "give us some peculiar name."

  • The truest definition of a bear market is a tape in which nobody is making money.

  • Is the consolidation frenzy in the gaming stocks "telling" and, if so, will the roulette wheel soon land on red?

  • "The battles that count aren't the ones for the gold medals. The struggles within yourself -- the invisible, inevitable battles inside all of us -- that's where it's at." - Jesse Owens

  • Minyans Barry and Romy Rabkin are expecting their second child today and have agreed to let the Minyanhood choose the name. Anyone have a top five in mind?

  • S's over N's. (banks vs. semis and breadth disparity).

  • Chatter is making the rounds that the benign price fluctuations in energy during June won't be as friendly the next go 'round.

  • I'll be bah-hak!

  • In Spanish, the word for handcuffs is "esposas." "Esposas" also means "wives" in Spanish.

  • Melo and K-Mart. Nice.

  • Double dippin' the Randoms.

  • The fixed income markets are screaming higher.

  • There are a LOT of stops set below S&P 1100 and for good reason.

  • Hercules, Hercules, Hercules!

  • We flagged the internets this morning on the Buzz as they opened flat in spite of the jiggy futures. That is typically a sign of supply and has since been confirmed by the relative lethargy. The same dynamic works in reverse--if a stock (group) opens flat with fugly futures, it prolly means buyers are around.

    R.P.
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