Crazy

SO we have a little selloff yesterday and today after a horrible trade balance number and another dissapointing consumer ocnfidence number we have the dow up100 points - or a total erasing of yesterdays move. AMZN,AAPL,GOOG, etc continue to lead the beta names to ever higher prices - these stocks are no more important to the averages then are any other names including JPM which acts like a ton of bricks. How AAPL can carry the entire techworld is beyond me - I believe the tech world is a zero sum game - AAPL wins, MSFT, RIMM, etc lose - but they are all melting up - its like Y2K all over again - and AMZN dont get me started it has a forward multiple of like 65 70 times now...kookoo kookoo.
On a total random note today I have listened to tunes by
John Mayer
Joe Jackson
Public Enemy
Taylor Swift

wierd

JB