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Random Thoughts: Chinese Checkers and a Frisky Buffett


Don't skate to where the puck is, skate to where the puck is going.


Editor's Note: The following was posted in real time on our premium Buzz & Banter. It's being shared here for the benefit of the Minyanville community.

Gate Sniffage! - 10:07 a.m.

Frisky Buffett! - 11:18 a.m.

  • Funny thing is, "Sell hope and buy despair" and "Don't skate to where the puck is, skate to where the puck is going" are two of my favorite sayings.

  • I came this close to buying some Schlumberger (SLB) on earnings but I'm already represented in the sector. Still, keep tabs on this P-I-G PIG as it pops, halving it's losses in early Friday trade (also note crude is up 2.5%).

  • The previous bullet was intentionally left blank as a function of pure exhaustion.

  • I can't remember if my first crush was on Kristy McNichol, Julie McCoy or Nurse McCall but i Mcknow that it was a long Mctime ago.

  • Breadth is balance on the big board. If the market were down big, that would be considered an incremental positive. Up big, not so much.

  • Remember, the greatest movement on expiration is typically bookended by the bells.

  • I'm feeling something funky for lunch. Johnny Rockets, or something of that sort. Who's with me?

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