On a bit of everything . . . .
I found myself buying pretty heavily toward the close. . .not THAT heavy. . but the climate is feeling better here. I am not feeling the need to quickly run to safety away from high-techs and into whatever.
Like I said this morning. . .I think the Dow will be down Monday, but the Inuts and high-techs will pop.
I'm ready.
Still not the right environment for regular speculative play, like we are known to do so well. . . I just don't trust much of the trading patterns. Until we get the volume, speculative plays have undue risk and are shark bait. . . er. . uh. . .bear bait.
. . Like WDC saw this morning. . .today's gains were wiped out in a matter of seconds.
Hope everyone did fine this week. . . staying out of the turmoil has proven to be the right move. . . easing back into high-techs has also been correct. . . just ask anyone that jumped in at the highs on Wednesday.
I keep CNBC on in the background throughout the day, but I rarely actually watch it. . . rather I selectively listen. Today I saw Ron Insana for the first time in a week or so. Is it my imagination or does he look like he is getting ready to take the BEFORE photographs for the Hair Club for Men?
Now Mark Haines is saying he is considering removing his hairpiece. Could this be the start of a fad? And if so, who might be next to remove their hairpiece and embrace the chrome dome????
Mark McGuire? Mick Jagger? Don Johnson? Kenny G? Tom Selleck?
Jay Leno? Maria Bartoromo? Bill Gates? Ricky Martin?
LOL. . . .
Unfortunate subject. . . .
10,000 Turks confirmed dead, yet the toll will probably be closer to 35,000 when all are found. It bothered me at first when 30 hours following the quake barely any rescue teams had yet arrived. But I realize now that without heavy equipment to move large pieces of concrete, the rescue teams are actually limited in what they could hope to accomplish in those critical hours. In other words, if the heavy equipment can't make it there to help locate pockets of survivors within 48 hours, then dehydration would claim them.
Hurricanes give us hours to prepare or flee and are easiest to predict. Floods give us minutes. Tornados give us seconds. Earthquakes give no notice and are nearly impossible to predict. Consequently, they have shown to be the most devastating of all natural disasters.
So . . . . . we live . . . and hopefully we learn.
For the most part, America has been spared terrible earthquakes. The biggest in the continental U.S. was centered in Missouri over a hundred years ago, when just a few farmers lived out there. The worst in American history was 1964 in Alaska. . . a 9.6! . .but again a remote area.
Considering the potential disasters that earthquakes pose in America's concrete cities, we have been blessed. Let's not take God's blessings for granted. Be thankful. . . and never pass on an opportunity to tell your family how much you love them.
Have a great weekend, all.
Rande Is |
