Been an interesting couple of days here, but I'm certainly looking forward to my next disappearance to Utah.
- BelowTheCat II (aka the big, black, furry guy) had developed the habit of pawing at my LCD screens, including the four above my desk and the big Sharp AQUOS in the living room. He goes nuts when Cramer is on, but really freaks out at Larry Kudlow's antics and starts pawing like he wants to kill. Smart cat.
- On that note, Barry offers a good translation from Kudlowish to standard English. And I should note that those who have met him in person at Milken Institute events tend to agree that his off-camera persona really is different, unlike Jim Cramer whose persona on TV is real...
- I met Prince Andrew last night. In the course of brief conversation I called him "dude." Probably should not have done that, but to his credit he did laugh and point out that he had been called far worse.
- Toddo's call for buying Apple (NasdaqGS:AAPL) calls with the stock around $120 yesterday was spot on the money. I'm in the same trade and feeling like this one has some legs to it despite already being up significantly in the face of a mostly down market. Tight stop around the $115 level in the stock.
- Haven't traded much in a while due a cold hand late last year and cold toes (OK, ski related...) that have kept me from focusing on it much since the beginning of this year. Feels good to be back, even with just a couple of positions working right now.
- The increase in the conforming mortgage limit will do well for my brother, who will now be able to refinance as a conforming loan. It may even do well for me as I have the 20% down to buy something, should I decide to this year. It won't help most people who need help.
- I have no idea who Dennis Kneale is or why he gets stuck into just about every CNBC segment. Supposedly he's their technology reporter, but he seems to know nothing about tech and less about most other topics. He apparently takes the role of bull-with-no-brain that used to be filled by other cheerleaders who have since decided to become more serious journalists. This morning, on a segment about the one-year anniversary of the subprime implosion, he actually cited Moody's as a reliable source! Please, get this moron off the air. At least Kudlow has some reputation off the air to justify his biased existence.
- Ugh, they just had him on for a segment about whether or not the US was the best place to invest these days and whether we should be worried about the rise of other financial centers. As usual, he played the moron. One of the other commentators even said "I guess Dennis is here to play the Larry Kudlow role." If only he played it well rather than coming off as a complete asshole all the time.
-btc
