4.24.2007

THE FORGOTTEN


Not a particularly good 24 hours or so as nine more troops die in the surge in Iraq, David Halberstam dies in a car accident and the yanks lose their 4th in a row despite AROD hitting 2 more dingers, 13 and 14 on the year. Oh, and did I mention the answer to Baroid Bonds and his steroided head; yes probably a short term problem as he will be quickly forgotten and a blip on the baseball radar as AROD now has 478 lifetime homers and turns 32 in July. So another 8 years at 40 per gets him to 800 and I presume/hope he leaves the king of steroids in the dust.


The markets are looking for a higher open with great news from TXN leading the NDX futures /semi patch higher.


Markets continue to be overbought but buying dips has been the winning trade since October 2002 and I doubt that changes today. I also think the DJIA 13K is a slam dunk just don't know if it will be this week or next.




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