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Doin' It Bloggystyle: Supersize My Links

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Minyanville brings together the best of what they are saying "out there" about the topics we're talking about right here.

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Blogs themselves need no introduction, as they get as much publicity as pretty much anything these days, save maybe the latest Britney news. There's an expanding world of excellent financial blogs, covering just about everything, from global economics to swing trading. Minyanville's goal is to bring together the best of what they are saying "out there" about the topics we're talking about right here.


With the NBA reeling, I can't help but wonder if the Hamburglar was the last guy in black and white stripes to bring a corporate behemoth to its knees.

But first, some market opinions:


Research Department

  • CXO looks into Robert Drach's "Basic Timing" Portfolio, although the study is more about market timing versus stock picking.
  • The conclusion? "...the results for Mr. Drach's model portfolio probably derive from the performance of conservative, large-capitalization value stocks over the past 12 years, not from market timing."


Link-ing Park


Bear Raids

  • Short and wrong? Lindsay is offering some Free Hugs for Bears today on Wallstrip.
  • Was Friday's selloff real or some Expiration Shenanigans orchestrated by The Bear Cabal? I go with the former, although the more salient point would be it just doesn't matter why an expiration move occurs.
  • You can throw your hands up and complain, but seeing and reacting sure seems like a better plan.


And in the News

The Crooked Ref scandal in the NBA reinforces my sports betting philosophy. Only wager on pro wrestling.

  • The Times talks to some betting experts, but only looks at 11 games where Donaghy reffed and the point spread moved suspiciously. The team where the money went covered 7 of the 11, not statistically significant.
  • The Times helpfully points out you could look at the foul calls of those games and see if anything is amiss, and then unhelpfully doesn't bother to do just that.
  • Webwire does however, and finds. "Over the last two seasons (reportedly the focus of the FBI's investigation into this matter), the games refereed by Tim Donaghy scored more points than Las Vegas expected over 57 percent of the time (79 of 138 games). The odds of that happening randomly are 19 to 1. "
  • It's even worse when you consider that before the period under question, only 44% of his games hit the over.
  • How did he do that? More foul calls.
  • AOL Fanhouse managed to find some really questionable calls in one game he officiated. And great news for the NBA, it was Game 3 of the already controversial Suns-Spurs series.
  • How ridiculous did the game look at the time? Bill Simmons offered this somewhat prescient opinion after the game "Congratulations to Greg Willard, Tim Donaghy and Eddie F. Rush for giving us the most atrociously officiated game of the playoffs so far: Game 3 of the Suns-Spurs series. "
  • How bad is this going to hurt the NBA? Simmons et. al. are right; this is beyond devastating.
  • Expect the damage from this to be contained. Just like subprime.
  • I'd go long the NFL on any Vick-related weakness (isolated problem) and long MLB on any Bonds related dips (sort of like a stock where this particular news story is already discounted by the market). But I'd sell the NBA into strength: this cuts through everything.
No positions in stocks mentioned.
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