Wall Street Manna

An irreverent look at Wall Street

Tuesday, June 30, 2009

Robbber gets smacked around by 72 year old ex boxer

A burglar with a knife got pounded when his 72 year old victim punched him out.

Time for a new Facebook picture!


At June 30, 2009 at 2:48 PM , Anonymous X said...

Palmoni - any thoughts on steel names here. My datapoints are all +ive. But its about whats priced in now.

At June 30, 2009 at 7:38 PM , Blogger Palmoni said...

A little bit funky. I think the consumer confidence drop spooked the market--but that normally lasts just a day.

Goldman increased world growth estimates---but when oil drops, the playbook is to sell, and that's what we got.

Also--the climate bill-sell a house, you now need to certify energy efficiency--which means the anti-Obama trade, big Govt. meddling also was prevalent--at least in early trading.

I'm heading to Colombia in a couple weeks to check out a company--which means I'll miss July's option expiration, which means it will probably be one that is ripping, which means this is just the market working thru congestion, which means I'm getting bored with the action and I should be leaving now and not then!

At June 30, 2009 at 9:16 PM , Anonymous X said...

China June PMI decent @ 53.2. Jap Tankan outlook better. ISM tomorrow will be key.


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