Sunday, August 2, 2009

time to slowly check back in

Its been a nice weekend from my vantage point - the kids have been busy with friends - we spent the day at a carnival where all of the proceeds benefit kids with terminal illnesses - my wife was on the planning committee and I have to say it was a really nice event - ok I was ready to leave an hour before we did but thats just the way I am.
Anyways I didnt really read up to much on the markets this weekend but I just did see a blurb that the WSJ is carrying that Ford is having good sales this month thanks to the Cash for clunkers program - Ford has been on a tear lately and franky that makes me happy - finally a company being rewarded for doing the right things - managing its finances properly, building products that people want, and having the foresight ot hire a smart guy like Alan Mullaly. Good job letter F.
The S&Ps open on sunday nights 5PM Chicago time - they are trading down 1.25 - so basically no change. We'll see a better picture in the morning. I remain short of the market and a handful of Nasdaq mini futures.
Enjoy the last few hours of the weekend - Im gonna lace up my skates and take the ice for a while tonight.

JB

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