Monday, April 02, 2007

More Extremes

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1) Equity put call ratios on all four floors at year highs. 2) NYSE and Nasdaq short interest at record highs. 3) Odd-lot short sales at record levels. 4) Al Gore says GM sells no cars in China...sorry GM is number one in China 5) India corrects 5% two days ago and does not even make the press. 6) China is making new highs every day..and now is not making the press. 7) KKR keeps pressing the bet on private leverage. 8) Iran's President has been muted in the current hostage crisis. 9) Housing sub prime lending now seems like yesterday's news. 10) Nancy Pelosi is now our chief negotiator in the middle East?? 11) The past daily grind on Iraq in the news is now more about Anna Nicole's DNA. 12) The Saudi King Abdullah was to come to WDC three weeks ago to meet Bush and cancelled the trip...not in the news. 13) Instead the King meets President Putin at the airport in Saudi Arabia...an event unheard of! 14) The European markets are now larger in total market cap then the USA. 15) The USA markets keep going up...copper exploding .....a key measure of global strength.

The world is in an environment the global investors have never seen before...trillions of cash search for for what ever is moving up or down....like last year patience and knowledge will be rewarded for investors and most continue to underperform.

Danny Boy seen here is amazed at all the new sights and sounds of spring in Minnesota, loons, robins, geese, raccoons, deer, coyotes, frogs, ducks and WARM AIR! His eyes and ears are wide open to all this diversity and the changing season....