O. J. indicted.
Energy traders to be indicted.
Greenies say shrubs and bugs yes, homes no.
Big Street firms show big losses in market turmoil, layoffs planned.
China grows at double digits.
Nothing new there.
Is there nothing new under the sun ?
Yes, there is !
Bunkerman has the iPhone and yesterday loaded it with many old songs from the 1910-1935 period plus Julie Andrews and Judy Garland. Gosh, this thing holds a lot of songs. So far I'm not even 1/8 full and I have over 9 hours of great music.
And Bunkerman is going to buy a new Mac this weekend or next week with the new Leopard operating system.
I'm modernizing myself ... a bit !
Yesterday was a distribution day, but the reversal neutralized some of that technical negativity. Europe is up this morning. Futures are flatish. The S&P cash index held the 50 DMA yesterday. Oil is up this morning to the high $88s.
Not much new there. Yesterday was beefer ping pong. They shorted everything early to scare the common man and the weak-willed and then had to cover. Nothing new in those antics.