Day: May 2, 2006

Housing Market Update and WPO Article

Q: How do you know when it’s topping? A: See my index of housing market and housing stock posts from last summer. Especially see “Alan’s Bubble — The Rinse Cycle” for the 30-second summary of why asset prices and the dollar are at risk.

Q: How do you know some people are still coming to the party a year after it peaked?

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FLASH: Crocs, Inc. to Broadcast Review of Q1 Results Over Net

NIWOT, Colo.–(BUSINESS WIRE)–May 2, 2006–Crocs, Inc. (NASDAQ: CROX – News) today announced that the Company’s conference call to review its fiscal 2006 first quarter financial results is expected to be broadcast live over the Internet on Thursday, May 4, 2006 at 4:30 p.m. Eastern Time. The broadcast will be available by clicking the ‘Investor Relations’ link under the Company section on http://www.crocs.com and at http://www.viavid.net.

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Quick CROX Update

Crox200651id
Crocs Inc. (NASDAQ: CROX): Here we see a 5-day chart with hourly candlesticks and two overlays, the 20-bar EMA in purple and the Cubes (AMEX: QQQQ) performance in green. See the continuation of this post for a few observations about the chart and the market:

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Article: Say Uncle, Rummy

Say Uncle, Rummy
By MAUREEN DOWD

Even some State Department officials thought it was like watching a cranky, eccentric uncle with an efficient, energetic niece.

Rummy was ordered to go to Iraq by the president, but he clearly has no stomach for nation-building, or letting Condi run the show. He seemed under the weather after a rough overnight ride on a C-17 transport plane from Washington into Baghdad. And Condi’s aides were rolling their eyes at the less than respectful way the DefSec treated the SecState as she tried to be enthusiastic, in her cheerful automaton way, about what she considers the latest last chance for Iraq.

A reporter in Baghdad asked Rummy about the kerfuffle when Condi talked of “thousands” of tactical errors in Iraq. Rummy later noted that “I don’t know what she was talking about, to be perfectly honest” and that anyone who said that had “a lack of understanding” about warfare. She’s just a silly girl, after all.

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