You got to know when to hold'em...

One of the greatest concerts I have ever seen was Kenny Rogers at Foxwoods Casino. Pre-botox, he was the man. He did this thing where he picked a guy in the audience, asked him if his wife/girlfriend dragged him to the show. Then, he said "I'll make this worth your while. I'll give you $10 for every song you recognize." As he rolled thru the hits, he kept on doleing out the cash. The guy took home around $100.

Speaking of the Gambler, I was invited to play in a charity poker game tomorrow night. All I keep thinking about is the scene in Ocean's Eleven with Brad Pitt and the young Hollywood crowd. "You don't want 4 cards, you want to fold. Ok, I fold". Maybe I can beat Haley Joe Osmet.

The market has started its long overdue corrective move. Fibonnaci retracement on the S&P looks first at 1500, then 1465. Since the moving averages are upward sloping, shorts should be quick and cash nibbling at the support levels.