Tuesday, April 20, 2010

Morning Audibles 4.20.10 - Be Tactful When Makin' the Rounds...

& maybe (you can SAVE A PARTY)... PARTY GONE OUT OF BOUNDS!




Doesn't it at least "feel" like that? I mean - SERIOUSLY - WTFF?

"Where's the BEER? Where's the PUNCH?" [after last Friday] "Ewwww HEALTHY TOFU! :-("


"Who's to BLAME when parties really get OUT OF HAND? Who's to blame when they get POORLY PLANNED? (Crashers get bombed - Slobs make a mess - You know they'll even RUIN YOUR WIFE'S DRESS!" Can you pull it back in line? Can you salvage it in time?)...


What can you do to save a party? Parchesi? Charades? a spur of the moment Scavenger hunt? or QUEEN OF THE NILE?

OMG! What can I say, text, or tweet that hasn't been said already? OK... I'll do my best to give you my best TECHNICAL description of a PARTY GONE OUT OF BOUNDS (as I perceive the tape right now)... Then, I'll climb back into my OWN PRIVATE IDAHO...



So whatever... I'd conceded YESTERDAY that we might see 1204 (but after a point discarded the idea - & then bet a cheeseburger on it)... So I suppose this is the first time in history I have INDIGESTION the night PRIOR to a cheeseburger affair instead of AFTER... We'll see (because I'm not looking at E-mini's as we speak)...

I still say (keeping to the THEME)... That Wall St. & Washington (by keeping this rally going), are continuing to live in their OWN PRIVATE IDAHO...


(in the end) CV adores "barefoot Cindy" & Kate's voice!


& especially what they (&Fred) sing...


"Keep off the path, beware the gate,
watch out for signs that say "hidden driveways".
Don't let the chlorine in your eyes
blind you to the awful surprise
that's waitin' for you at
the bottom of the bottomless blue blue blue pool."

"Keep off the patio,
keep off the path.
The lawn may be green
but you better not be seen
walkin' through the gate that leads you down,
down to a pool fraught with danger
is a pool full of strangers."

"Get out of that state
Get out of that state you're IN"








142 comments:

  1. man, bears have to be getting pumped at this point.....

    happy 4/20 to all you uh....gardeners.

    ReplyDelete
  2. How so McFearless? Any momentum bears had was put out yesterday. Quit trying to short. Seriously, explain how anyone short should be pumped.

    ReplyDelete
  3. where does my post say to short with every penny you have, can you copy and paste that part for me?

    how about you stop worrying about my posts and you buy those dips.....anon.

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  4. yeah- what b22 said- Happy 420 Day-

    http://1.bp.blogspot.com/_fAJIWY5uxME/Rl6iXWVvpJI/AAAAAAAABv8/2Rineq_49S0/s400/bong%2Band%2B%2Bbongs.jpg

    also- "My own Private Idaho"- the movie- w/ Keanu Reeves- talk about bizarre

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  5. another way to look at it-

    this ain't no party
    this ain't no disco-
    this ain't no fooling around . . .


    http://www.youtube.com/watch?v=NedwmkhHpKI

    ReplyDelete
  6. The B-22's

    That's McF's new group!

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  7. -b22
    thats assault brother!

    ReplyDelete
  8. Mack, do I know you? I must right?

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  9. b22,
    Curious why your so pumped also. I would've liked more follow through yesterday after breaking through the 1188-1190. I'm a bit short today, leaning against 1204, but this rally isn't necessarily over yet. Also, a blog(not mine) some of you might enjoy...And happy(belated) birthday, Karen and Bruce

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  10. B22-
    haha..yes you do. thought you would enjoy that on earth day

    ReplyDelete
  11. Goldman alums receiving calls gently reminding them to STFU.

    http://www.huffingtonpost.com/vicky-ward/goldman-sachs-alum-receiv_b_543109.html

    ReplyDelete
  12. Yeah...

    Quit trying to short, McF...

    Pfft.

    This snapback to 1205 is one of the best spots I've seen to take a short position since 1150. (The 1st time.)

    Of course not all trades work out. Thats the way it goes. Doesnt mean you quit. If you believe in an idea you keep swinging at it until the facts change. Have the facts changed?



    On a completely different note, RIP to Guru from Gang Starr. A great MC, you were.

    ReplyDelete
  13. @spoon, etc.

    the reason I'm pumped is because the wave pattern is coming to an end. I was fooled in early January, things are looking more promising now.

    More importantly, a "bear" in blog land equals 200% short, which of course is stupid because I'm not making an all in short bet for every bearish comment I make. A "bear" in the real world is just someone that thinks the trend of prices will go down for a time. They can either sit it out and wait for the next buying opp. to go long or they can attempt to speculate on the short side.

    We all know the rally can move into the mid 1200's, I don't think I'm saying anything that hasn't been discussed at length on this blog over the last several weeks so I didn't really feel the need to clarify a 2 am post with all of that.

    Bottom Line: Make your own trades, don't listen to me.

    How come when I said I was buying SPY for some clients a few weeks ago that was so easy for anon land to swallow?

    Don't answer,....I already know why.

    ReplyDelete
  14. @mack,

    got it, pretty sure I know who it is, glad to see you posting. I knew with the assault comment you must know me. lol.

    @I

    "Of course not all trades work out. Thats the way it goes."

    x2

    ReplyDelete
  15. b22,
    I understand how things can get blown all out of proportion in blog-land -- don't worry, I get the difference. Just curious what you're seeing here. My trade is small, short term, defined risk, all my own doing, etc, etc. Check out that blog I linked, if you haven't already seen it. Planet Yelnick, it's called. Right up your alley.

    ReplyDelete
  16. @McF

    Oh really?

    I was under the impression that EVERY time you (or I made a BEARISH comment), then a "short" bet was booked on the INDICES... [snark]

    We must be broke dude!

    OK...gotta get back to work...Where are these INDICES leading us? (they are "leading the way" after all)...

    ReplyDelete
  17. and spoon,

    to be clear, I aint mad at ya, though the anon handles are a bit annoying. If someone wants to be bullish fine, but at least offer something, I've been giving my thesis here/Andy's/TBP for well over a year now.

    ReplyDelete
  18. Good morning. Just another day, exotic dancers popping out of cakes, the usual day to day.

    ReplyDelete
  19. Fantastic post, CV! you never cease to amaze and amuse! Loved that spx chart, hilarious but seriously simple and perfect. : )

    Ben, I'm shocked, shocked you haven't jumped on the One Way Street train to the land where Nothing Can Go Wrong.. you do realize they serve free Kool-aid in every car.

    ReplyDelete
  20. free Kool-aid? I'm in. They don't even serve peanuts on the D-train...

    ReplyDelete
  21. BTW, I'm never anon, always spoonman

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  22. karen,

    see, I always preferred Freeze Pops this time of year. That must be it.

    Short Kool Aid

    Long Freeze Pops

    ALL IN

    ReplyDelete
  23. @spoon,

    that PY blog is a good one, I have that one bookmarked.

    ReplyDelete
  24. I think today is shaping up to be a real snoozer... probably stay range bound between 1205 and 1197.5.

    ReplyDelete
  25. I think it will end up alot like last thursday.

    ReplyDelete
  26. LB has a Golf Day booked on Thursday but wishes it was today. MAcro Man has already picked up the meme for the day.

    On the bright side, LB's bounce combo has bounced. Well, the ERX part, anyway.

    ReplyDelete
  27. @lb: Had my first golf day of the season late yesterday. Beautiful late afternoon/twilight round. First 6 holes started very well, considering it was my first time out. Then it started to get a little ugly. Especially the back 9. Probably started rushing a bit. That tends to be my problem. Staying at a measured pace and concentrating for long periods of time. My restless mind won't allow it.

    ReplyDelete
  28. Italian Bank Sues Citigroup Over 2007 Total Return Swap Pact
    10:47 AM ET 4/20/10 By Chad Bray

    NEW YORK (Dow Jones)--An Italian bank and two of its insurance units sued Citigroup Inc. (C) on Tuesday, alleging Citi misrepresented the risk of a fund-linked total return swap in January 2007.

    The lawsuit, filed in U.S. District Court in Manhattan, alleges Citigroup made false and misleading representations that didn't allow Banca Carige SpA (CRG.MI) to access the true risk of the arrangement.

    ReplyDelete
  29. almost a new high on C this morning.. 5.06. last thursday reach 5.07.. uncle needs to sell..

    ReplyDelete
  30. @karen: It looks like the lawyers will be kept busy and happy. I was getting worried about them. They should make out just fine this decade or more sorting through this mess. Everyone else? Not so much.

    ReplyDelete
  31. Manny:

    You play golf with your legs. That's why everything falls apart a bit at the end of the day. Walking and carrying on a course with big hills Thursday, I know I am going to be feeling it by the time I reach the 510 yard uphill 18th. Slow take-away and not over-swinging are the keys for me. That, and just enjoying being outdoors, and not being Lloyd.

    ReplyDelete
  32. @LB

    Your Bond Report (from Amen Ra's Candle Wrap thread yesterday)... was spruced up... If you want to go back and take a peek...

    ReplyDelete
  33. You don't enjoy being me? I enjoy being me !

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  34. Very nice, there, CV.

    Yes LB didn't want to rub it in. The Hammers are pretty dire. Liverpool are now on the way to Madrid, old style, by train to London, Paris, Bordeaux and then a hop in the air.

    LB's team went up a division, LB is feeling every single one of his years this morning after a fast and demanding game last night.

    ReplyDelete
  35. Karen,

    America's Stock? or America's Schlock?
    (or America's Shock when it has to recognize losses again...)

    ReplyDelete
  36. Since the "indices" look they're busy doing

    THE CURLY SHUFFLE

    today...

    I'm going to step out for an hour or two and run some errands...

    @DL
    I'll be sure to stop by McDonalds on the way back and pick up your Happy Meal (not sure if you get an "action figure" to go along with that)...

    ReplyDelete
  37. it will be interesting to see the numbers for building permits for April, May and the summer- could be worse than last summer-

    since contracts need to be signed by 4/30 to get the home buyer tax credit and no permits issued in April will be able to take advantage of the tax credit- since it takes longer than three months to build a home to fulfill the 6/30 deadline for delivery-

    homebuilder's could fall off a cliff-

    guess we'll find out-

    gotta roll out- all have a great day!

    ReplyDelete
  38. I am out and about today but hope you all have a fun one.
    Rumours of a Greece arranged "bankruptcy", no idea how that would work - it just sounds like something eurocrats would like so the evil short selling hedgefunds cannot collect on their CDS bets.
    GGB bund spread is highest ever, not good for Europe. SPY won't notice I'm sure.

    ReplyDelete
  39. Yes, lb. And I also have issues with the overswining thing, especially on the long par 5's. It gets me into trouble every time. I noticed that swung much easier at the beginning of the round but as the round went on I started swinging it harder and harder. Gotta find a way to stay calm and relaxed with my swing throughout the round. The temptation to try to be he-man out there is just too great out there sometimes but it's amazing how far the ball goes (and with accuracy) when you take a nice, easy, smooth swing. Overall, my putting was fantastic yesterday, which was a bit of a surprise. My chipping stunk, however, after about the 6th hole. That killed me.

    ReplyDelete
  40. EURUSD is not confirming this move in SPX... that should raise a red flag.

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  41. CV @ 11:56

    No action figure.

    But are you growing tomatoes there?

    ReplyDelete
  42. @Mannwich-
    "Yes, lb. And I also have issues with the overswining thing..."

    I hate it when I overswine...gives me indigestion. (Grin).
    IW

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  43. Karen @ 12:23

    October 19, 1987 was a Monday.

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  44. @Ironworker: OverswinGing...... :-)

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  45. Manny, I try not to have DISTANCE thoughts on par 5s. Just have smooth thoughts, SIDEWAYS distance doesn't help. The chipping - it's all feel and practice.

    GGB spreads are of interest only to BEARS. Not to JOHNNY.

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  46. Exactly, lb. It's also like blocking out water and other course hazards. Almost have to act like they're not even there.

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  47. Bought an ESM0 on Friday; sold it a few minutes ago. Probably the SPX makes a new high soon, but I've got no long positions at this point.

    ReplyDelete
  48. "homebuilder's could fall off a cliff"

    nah, I heard homebuilder confidence is high.

    ReplyDelete
  49. Our ERX swing trade is up 5%. Noice.

    Manny, if I am looking at the back of the ball I can't see the water. Every time I look up early - I see a bad shot.

    "homebuilder confidence is high."

    Homebuilders have little to do since they can't build or sell their latest spec homes. So they are hanging with BRIAN and TAWNY and getting high until JOHNNY gets rich in this MARKET.

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  50. We're right on the weekly support for the EUR. It put up a good fight last time.

    My going indicator for an impending fall has been a cross of the MA20 down through the MA50 on the 4hour chart. It happened last night.

    It works till it doesn't.

    bob

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  51. BUCKY is showing signs of life. Tomorrow's trades will be improving BUCKY trades. The rebound in commodities is losing steam.

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  52. @karen

    Re: BESPOKE CHART...

    I'm real disappointed... I'd think that the SPY would be "up" something like 85 Mondays out of the last 30...

    Only 27? That sucks!

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  53. Watch out for a mini squeeze in financials and banks going into the close.

    I think those might get gunned a bit going into the earnings reports tomorrow before the bell.

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  54. This market is like watching paint dry.

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  55. Greece just passed 8.0% on the 10-year. Did they WIN yet?

    http://www.zerohedge.com/article/greek-10-years-pass-8-rumor-voluntary-bankruptcy

    Agree with the I-Man, the magic momo mojo was transferred to Tuesday. Let's take a look at those oil/gold charts, eh? Do we have a lower high setting up?

    ReplyDelete
  56. CV, think in terms of months.. the number of months it takes to have 27 mondays.. there are 52 weeks in a year! there is one monday in every week!

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  57. Every Monday is Magic when The Lovely Karen is posting..!

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  58. @karen

    I'm aware of the math... I forgot to put my [snark] tag on that :-)...

    Actually, in all seriousness... If you look at the slope of BELOW 15 days (during the 2008-2009 period), and the return to par, the chart doesn't appear [to me] to be all that unusual (save for the most recent spike which is a little higher than previous spikes)...

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  59. LB @ 1:37

    That yield is worth keeping an eye on.

    Perhaps a yield of 8.3% (or thereabout) will be the trigger for the next correction here.

    Would also be nice to see a chart of the price of CDS's over time.

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  60. 8% on sovereign debt is unsustainable.

    Greece is toast. Default is coming.
    Dollar, yen and gold to rally?

    ReplyDelete
  61. Cramer advising you to buy more C.

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  62. I smell a TLT rally as well.

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  63. Mannwhich,

    Well, considering C and a handful of other insolvent companies are roughly half the market, that seems to make sense right.

    There is a new form of analysis that is sweeping the nation. What you do is you look at the color of the numbers next to the index you want to trade at the end of the day. Green = Easy, we are going higher, Red = dip buy. Everything else can (should) be ignored.

    ReplyDelete
  64. UFB
    http://www.zerohedge.com/article/truth-behind-governments-citigroup-stock-price-manipulation

    ReplyDelete
  65. Weekly hammer and daily hammer lined up on EURUSD, I feel bad for the peeps that would have got long.

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  66. A GREAT blurb over at ZH:

    "Yesterday's disclosure of the 3-2 vote by the SEC to pursue fraud charges against Goldman is just the tip of the iceberg demonstrating how far the tentacles of the Wall Street syndicate reach. Republican SEC commissioners Kathleen Casey and Troy Paredes should immediately resign their posts at the SEC if they are truly unable to spot blatant 10(b)-5 fraud, as opposed to just "expressing" an opinion determined by a few extra Christmas ski trips funded by the Cephalopod Society of America. In which case we understand - at this point the only act that will bring felony charges against American citizens is not being corrupt."

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  67. No kidding, ben. Just surreal.

    ReplyDelete
  68. Mannwich @ 1:56

    It's not only a question of whether a law has been violated, but also what damages a court would likely award, and whether the SEC is willing to settle for an amount of money that is commensurate with what they could win in court.

    ReplyDelete
  69. DL,

    why are you so convinced it's all about the money that needs to be paid out in the end. Maybe I'm misreading your comments that you left here along those lines as well as at TBP? do you not think perception matters at all on Wall Street. This is not about the size of the fine dude.

    ReplyDelete
  70. McFearless @ 2:02

    There's a whole range of issues, and they may be categorized as moral, legal and political. I think that one should look at all three, but at the same time, to consider each individually.

    Yeah, I think that many of the employees at GS are sleezebuckets. But that's separate from the legal analysis.

    One of the many questions I have here is whether or not GS would be able to drag this thing out until after November of 2012. If so, Obama's going to be forced to settle, if he wants to get any political benefit.

    ReplyDelete
  71. EURUSD and EURJPY really have to crash here. Either the ECB bails out Greece and the European banks with a massive printing effort

    - Euro FALLS,

    or Greece defaults and European banks take massive write-downs.

    - Euro FALLS.

    Best of all, DISORDERLY CARRY UNWIND is likely... and it is close.

    ReplyDelete
  72. LB no longer watches the market, intra-day, unless initiating a position. Once a trade is started, LB already KNOWS the day's playbook, and simply sets stops and ignores the action. Does anyone else experience this?

    This isn't a healthy market is it?

    ReplyDelete
  73. Quite a few of my trades have resulted from limit orders placed the night before the NYSE opens.

    ReplyDelete
  74. Bondgirl on GS (apologies if this was posted already.)

    ReplyDelete
  75. There's very little controversy surrounding the morality of GS's conduct.

    The controversy is primarily on the legal side (and to a small extent on the political side).

    ReplyDelete
  76. GS will probably either go private, or be broken up into an investment bank and a trading company.

    ReplyDelete
  77. GS will revert to being an old style investment banking partnership, like LAZ used to be. Very quietly, LAZ may end up being one of the winners.

    Prop may end up being a dying industry. Of course it adds nothing, except perhaps efficiency and volume.

    ReplyDelete
  78. If this is the top...

    It's going to be the ZZ Top, as in:

    ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

    ReplyDelete
  79. @leftback: Nothing substantive ever happens intra-day anymore anyway. A waste of time to watch all day for me. I stopped a long time ago but check in every few hours.

    ReplyDelete
  80. @Mannwich

    Hey Jeff, I just found out where that ball you sliced off the 15th tee ended up...

    http://www.msnbc.msn.com/id/36664196

    OLYMPIA, Wash. - A gray whale that died after getting stranded on a West Seattle beach had a large amount of garbage in its stomach — ranging from plastic bags to a pair of sweat pants and even a golf ball.

    ReplyDelete
  81. Barofsky looking into GS:

    http://www.zerohedge.com/article/criminal-charges-next-barofsy-coordinate-doj-see-if-us-taxpayers-were-victims-goldman-fraud

    ReplyDelete
  82. http://www.marketwatch.com/story/uptrend-intact-sp-500-maintains-first-support-2010-04-20

    Well there you have it. Bears have run out of ammunition both fundamentally and technically.

    ReplyDelete
  83. Wow, that's awful, cv. I'm glad that COULDN'T have been me here in very landlocked Minny!

    ReplyDelete
  84. Indict those bitches.

    Solid day for HY, basically we see selling of 2-5y and buying of junk. Long end of the curve doing nothing. A baby flattener.

    ReplyDelete
  85. Comments being eaten again by the comments monster.

    ReplyDelete
  86. Bruce in TennesseeApril 20, 2010 at 3:04 PM

    Well, for everyone who has fallen asleep...I still remember, what 24 months ago, when the "Investment Bank Model" was dead.

    http://www.cnbc.com/id/26029724/Why_the_Investment_Banking_Model_is_Dead

    ...It sure is reassuring to know we won't have to worry about being conned again. Slow day in the salt mine, too. Apparently the really ugly people are on vacation this week..... :)

    ReplyDelete
  87. Salt mines have many slow dayze.....

    ReplyDelete
  88. Priciest Home in OC Up for Sale Again

    Two years after a waterfront home in Newport Bay was sold by actor Nicolas Cage for an Orange County record price, the mansion’s new owner has but the property back on the market — for $3.25 million less than he paid for it.
    Jerry Herbst, owner of the Las Vegas-based Terrible Herbst chain of gas stations and casinos, paid $35 million for Cage’s home on Bayshore Drive in January 2008.

    ReplyDelete
  89. I think insight into the ponzi is given when you consider that I could replicate what GS is doing on a small scale if I wanted to.

    @mcHappy,

    that's some of the worst TA I've ever seen, 2:49.

    ReplyDelete
  90. Just like there is always one last shot to rip the face off of shorts, there is always one last shot to trap longs.

    ReplyDelete
  91. @Ben

    Yes. I posted it with tongue not only in cheek but down my throat.

    Here is another:

    VXX set a new all-time low of $18.51 a share on Tuesday as stocks were climbing for the second straight day. Its 52-week high is $101.07, by the way. Yikes.

    http://blogs.marketwatch.com/etfblog/2010/04/20/vix-futures-etn-sets-fresh-low-after-brief-goldman-spike/

    ReplyDelete
  92. Trying to stay awake watching this boring market.

    ReplyDelete
  93. @Amen

    I'm actually kind of happy that it's dull...

    I'm getting a lot of errands out of the way...

    ReplyDelete
  94. No BOND REPORT today. Too effing boring...

    ReplyDelete
  95. Closed ERX for a profit.

    All right, all right. I'll find something to write about....

    ReplyDelete
  96. WTF was that last 1 min candle?

    ReplyDelete
  97. Shorted a bit of silver. Just for fun.
    BUCKY looks ready to take flight on news of GREEK RUIN.

    ReplyDelete
  98. @Amen

    I also want to know what the hell you call that collection of the past 5 DAILY candles on SPY

    ReplyDelete
  99. INTER 3 BARCA 1. Wow..... The SPECIAL ONE at work.

    ReplyDelete
  100. Karen,

    True, and at the state level the ledgers do not balance at all.
    California is Greece with bells on.

    ReplyDelete
  101. Lemme see, if there aren't enough dollars, people will start hanging on to dollars and it is going to be a BUCKY RALLY ahead....

    Drachma forwards are up..

    ReplyDelete
  102. another post of mine got eaten..

    Goldman Shorted The Housing Market BEFORE It Sold Abacus To Those Idiot German Banks

    http://www.businessinsider.com/henry-blodget-goldman-shorted-the-housing-market-before-it-sold-abacus-to-those-idiot-german-banks-2010-4#ixzz0lfnD5DDp

    http://www.businessinsider.com/henry-blodget-goldman-shorted-the-housing-market-before-it-sold-abacus-to-those-idiot-german-banks-2010-4

    ReplyDelete
  103. The Bond Report 4.20.10

    So you thought there was NOTHING interesting to say? Well, you were right - but here it is anyway, a risk-on day, baby, as HY was gobbled up enthusiastically by investors as JNK continued with the most massively predictable range trade of recent months. IG was also fairly strong and so was the long end, the only weakness being at the short end of govies as money flowed out of 2-5y Ts into riskier credits.

    Corpies: LQD 0.22%; AGG 0.16%; JNK 1.16%; HYG 1.08%;
    Govies: TLT 0.36%; IEI -0.05%; TIP 0.24%

    We sat on another unsuccessful hedge for the time being. Greece is a likely culprit for the strength in USTs lately, and EVEN if it isn't anything to do with it, SMARTY, it certainly helped us to wrap up another edition of THE BOND REPORT. Stirred, not shaken.

    ReplyDelete
  104. Karen, 4:07, is that the fundamental ammo that bears are "out of" according to McHappy's MarketWatch link.

    I mean, what better news is there that we are flat broke?

    ReplyDelete
  105. Best of all, we get to do it all over again with Mr Market tomorrow...!
    Bye all, LB needs a long hot soak in a hot bath.

    ReplyDelete
  106. McFearless,

    I don't know about "flat broke".

    We can always sell off the states of Alaska and Hawaii, for example.

    (We could even sell the state of NY to the Chinese; Leftback would have to learn Mandarin).

    ReplyDelete
  107. anyone read this yet? a real stomach turner.
    denninger provided the link to william black's written testimony for the House Committee on Financial Services regarding "Public Policy Issues Raised by the Report of the
    Lehman Bankruptcy Examiner"

    ReplyDelete
  108. Let's sell Hawaii RETROACTIVE TO, say, 1960...

    That way, Obama wouldn't be a citizen FOR SURE (and we wouldn't have to go through all this Supreme Court rigomorol)...

    ReplyDelete
  109. AAPL halted

    Q's being bid up...

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  110. bat, as if my stomach wasn't turned enough today! i'm skimming it now and my jaw is agape. (no need for the grave monument, cv, thanks.)

    ReplyDelete
  111. perhaps we can get new highs off aapl tom. and complete a pattern here. AT pointed out that it was unlikely to top on the Goldman news, which was "bad".

    ReplyDelete
  112. (not sure if my post disappeared or i pressed a wrong button.)

    bat, my stomach was churned enough today! skimming that now with jaw agape! (no grave monuments, cv, pls.)

    ReplyDelete
  113. AAPL back at 264 and climbing.

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  114. Market rally monkey continues tomorrow and beyond! All hail the new bubble! In comes AAPL earnings to save the day at just the right time. Sure, we're broke, but we all have I-thingy's to medicate and sedate. What could be better? AAPL to $400 and beyond!

    ReplyDelete
  115. AAPL makes "i-Thingies"...

    There is only one I-Man.

    ReplyDelete
  116. AAPL is not worthy of the capital "I".

    ReplyDelete
  117. breaking news! my favorite airline now has service to toronto!!! Virgin America!

    ReplyDelete
  118. Hey, my friends bot an ipad (and two shares of aapl :) recently.. i was enthralled with it and want one myself now.. i want to wait for the phone feature.. but if all you used it for was a foto album it is worth the price.. and then there are all the apps! the weather app alone is invaluable.

    seriously, i loved it..

    ReplyDelete
  119. and in yet other news: HousingWire

    Mortgage Insurer MGIC Posts $150m Net Q1 Loss: MGIC Investment Corp. (MTG: 11.06 -11.59… http://goo.gl/fb/RRPlj #hw

    ReplyDelete
  120. Really karen? I dunno. It just seems like more junk in the house. I hate accumulating more crap....

    ReplyDelete
  121. @karen: Is that one BTE? I'm sure it will rocket 50% higher tomorrow.

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  122. Karen,

    A $500-$1,000 photo album?

    b22/McFearless/Bear

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  123. i was completely skeptical of the ipad until i had it in my hot little lap.. laughing..

    ben, add up all the money people spend on photo albums and frames and it turns the ipad into pocket change.. besides, it run for free on your wi-fi.. so you can read in bed or surf in bed comfortably.. and it doesnt get HOT like the laptop.

    so initially my friends justified it thus.. they had one macbook between them and they always wanted to use it at the same time in the evening.. for $500 problem solved! a LOT less than a another macbook.

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  124. I think I might actually like the ipad, but I really have this hang up about no keyboard, I'm not real big on the touch screen.

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  125. Karen,

    sometimes that hot laptop is nice though, we get snow on this side of the world remember :).

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  126. Ben, I honestly thot the product was absurd.. until I used it.. that's all I can say.. My main thot was, why do i need that on top of a macbook and an iphone? Well, I certainly answered that for myself.. I would never touch another page of newsprint if I had that, too. Every page, every pic, is a perfect movie still!

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  127. I think I'd like one eventually...

    But my issues with having bought 1st generation MAC products in the past will make me WAIT until the little nuances are worked out...

    It's one thing tossing out an iPOD or iPhone after 2 years...

    This is different...

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  128. All you'd have had to do was buy about 5 shares of AAPL back last March and the damn thing would have paid for itself in the end...

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  129. I'm amazed at how many of those i-things they've sold...

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  130. i posted on new thread but blogspot hates me as much as my stocks do!

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  131. The Artist Formerly Known as LeftbachApril 20, 2010 at 5:37 PM

    Hot little lap?

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