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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (288869)	6/12/2004 6:36:50 PM
From: ild	Read Replies (1) \| Respond to of 436258

KT, what do you think of Boston Options Exchange (BOX) price improvements? A few times I've got price improvements when my orders got routed to BOX. It looks like simply pricing in $0.01 would do the trick.

To: Knighty Tin who wrote (288869)	6/12/2004 9:39:38 PM
From: Knighty Tin	Respond to of 436258

Mini Barron's Review. Good issue for the first time in a coon's age. 1. Abelson has three segments. Part one and Part three are crappy. Part Two is Fred Hickey and very, very good. Fred explodes over the idea that this is an "oversold" stock market. He then compares current valuations of techs to the bottom in 1990. Fred is not kind. Bad Fred. Fun to read Fred. But bad, bad Fred. <G> 2. Stratfor has a plan for winning in Iraq. We send our Army to the Kurdish areas, which keeps them from being killed on the hard streets of Sunni and Shiite Iraq. It also nixes any wholesale slaughter of Kurds, an Olympic sport in Iraq and Turkey. Then, if we see either the Shiites warming up to Iran or the Sunnis and Chers building up another Saddam, we can head south and squash their sovereignty like bugs with our big boots. Tactically, not stupid. However, the cost sounds horrendous. And how this keeps anyone from thinking Iraq is still a puppet or that we are not imperialists escapes me. 3. RVs are a buy. With everyone losing their houses, sleeping under somebody else's Winning Bagel may become the next trend. 4. They push St. Joe and its great real estate holdings in the Banana Republic of Florida. Sounds like a super short in the environment I see developing. 5. Guerrilla Investor is a nice article about a hedge fund manager named Peter Siris. We are both short Cheesecake Factory (I'm really long puts, but same difference without the risk). I like his short list better than his long list, but, all in all, not an idiot. 6. The battle over cholesterol drugs. Don't have high cholesterol. Don't care who wins. The medicines cost too much and are total ripoffs. Stop eating meat and start eating salads. And not potato salads with mayonnaise. <G> 7. An article about why commodities are still going to go up. Kind of mediocre, though I love the subject matter. This is mostly parsley with little steak (please do not compare my advice in #6 to this analogy, as they don't work together). Basically, it's commodities are good. Why? Because some guys who are brave enough to put commodities in 5-6% of their portfolios say so. No comments about the draw down of existing supply of nearly all the metals. No mention of all the Chinese and Indians abandoning farming while there are droughts in South America and funky weather in the grain belt in the USA. No mention of the housing bubble's effect on lumber and copper. In other words, fluff. If someone is super bullish and has a 5-6% position, they need to get a little gumption. What does 5 or 6% of any asset class do for you when the 94-95% hits the skids? Nuttin honey. 8. Market Watch is Tom Terrific this week. My favorite quote: "when it comes to achieving price stability, Greenspan is as impotent as a eunuch at The Playboy Mansion." It doesn't mean anything but it sounds cool and I know it's a slam on Greenscam. <G> That was from Peter Schiff at Euro Pacific Capital. Argus covers the higher price of food. Medical Technology letter mentions that the biotech cos. now "have hand" when dealing with the product poor pharma cos. Fred Alger is still out to lunch. Why is his firm still in business? Option Queen...whoa, wait a second. My SI email is OptKing. Is this my wife? Did I marry somebody named Jeanette Schwarz Young? How drunk was I? More importantly, how drunk was she? I just got stood up by a babe and a half, so is there any chance I can get her drunk again tonight? Anyhoo, my wife thinks that the Jobs Reports show stagflation, which I've been saying for awhile. Damned pillow talk gives away all my secrets. Want some new ideas, baby? <G> 9. The Mailbag is a hoot. The first two letters pound Abelson. The first correctly. The second stupidly. Dan Pisenti seems to think Abelson shouldn't talk about Iraq because he doesn't have a top secret security clearance. This guy is a riot. Hey, trust our leaders where mistakes are hardly ever made. It's not like these honest folks in The White House have an agenda or anything, having checked with an "End of Times" religious nut before invading. <VBG> Frank Bifulco rants racist on Charlie Rangel. 10. Commodities Corner covers gold. It will be fine unless rates go up. Uh, rates went up in the 1970s and gold did very, very well. But this is the naughts, so I suppose that is ancient history. 11. Don't let your kids read Asian Trader this week as Neil Martin is discussing Japanese love hotels. He says they are for trysting couples. Au Contraire. I can guarantee that they don't object to trios, either. <G> That's pretty much it.