They all say they love me, but leave me nonetheless! WHEEEEEE!!!
C got more bad news as they need to write down many billions more and the stock got cracked. People are so nuts to keep trying to pick the bottom in this group. I just can't take it. If I wasn't bald I would be pulling my hair out! I guess I could pull my nose hairs out, that might work. I want to scream - PLEASE STOP KILLING YOUR CLIENTS! I saw a well known tout service call LEH long today saying it was a good risk/reward! Yeah, ok, sure it is, LEH is going to $1 and it was $20.25 when they said this today, so its got $19.25 downside and ZERO upside. yes, its a good risk/reward! It's unreal, people can not get out of the idea that the market isn't going to go up for more than dead cat bounces for quite a while. Of course its not a straight line, but it is a one way ticket to oblivion. OK, so I decided I will NEVER go to Disney again. It's not where dreams come true, its where you wait on line for 2 hours a pop and your kids cry and throw tantrums due to the 100 degree heat that makes you want to jump in the cesspool water just to cool down. I will never go to Disney again - never. You heard it here first. I did go to Aquatica today and that was awesome. I love those beautiful Dolpins and my kids had great time. Lines were like 5 to 10 minutes, as opposed to hour plus at Disney. Did I say I hate Disney? I do, I really do. And, I once dated Mulan and Arielle, and of course Tinkerbell. Even with that personal connection, I hate the place. When was the last time they updated the place? Fixed anything? It's dirty, and the lines are insane. OK, enough Disney bashing, the market Friday is a guess. It really is. I think down is path of least resistence, but as you know, this market is insane and unstable, so we could fly up for no reason. So, I'm done picking a direction day to day unless I REALLY feel strongly and right now, on a Friday my GUESS is lower, but I am flat most days these days other than some swing options. You see FNM and FRE? Fast track to ZERO, folks. Fast track to ZERO. See ya for Monday's open. We should have a solid idea where we're headed, or at least a MORE solid idea next week, post FOMC week. It's usually a trend week, so we'll see if that Trend-trend holds! RULE - WAXIE