Wednesday, April 25, 2007

She was a Day Tripper

So I finally had my office desktop replaced after IT decided that having someone on call every week to run diagnostics was not going to fix the problem. I told them that 6 months ago, but I am not an engineer.

Did they forget the DOW 13K hats today on CNBC? Couple of large value funds long a ton of AMZN blew the doors off the competition today. Like I always say, buy the fund manager, not the fund style. Yesterday X dips after beating earnings, today ATI does the same. I guess comparing materials stocks '06-'07 to fiber '99-'00 is too easy. Another round of short covering/long chasing takes us to new highs. Does anyone care about the FED anymore?

How about a Reality TV ETF.

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