Month: March 2004

Off to see the Wizard…

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Going to visit this coal-fired power plant. It’s in the middle of nowhere Kansas. Back on Friday! If interested (or just really bored), you can read more about Holcomb Station here:

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Briefing.com’s reaffirms that it’s on the bandwagon

From a briefing.com article making the case that there is no bubble, which itself is actually a sign that you might be in a bubble: “The P/E for the S&P 500 Index is above historic norms, but not greatly so considering the strong earnings momentum and historically low interest rates.”

As much as a surprise as this might be to some people, the historically low interest rates are most likely going to change soon, and possibly significantly. Of course, there is that massive short position in the bond market, which is begging to get squeezed if the right catalyst develops, but that’s another story. For the past 10 years the game for many corporations and consumers has been to…

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Barron’s: An Example of Some Sloppy Journalism (at best)

I admit, I flip through Barron’s Online each weekend, printing out and at least skimming many articles, although it’s often just to see what the herd is thinking (also hoping to find a little witty word play in Alan Ableson’s column). Anyway, in this week’s “The Striking Price” column, Kopin Tan talks about market anxiety and its effect on implied volatility in options…

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Countdown to the Employment Report…

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It’ll be interesting to see if this week *finally* brings the big headline number that everyone and their dog has been calling for for at least the past few months. Of course that big day has long since been discounted into the market, and in fact we’re already on to discounting things like…

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