Wednesday, June 07, 2006
The Day After Yesterday
Despite the hysteria
(and the marketing), we're still here. Apart from the fatal ravings of
this
guy, I'd say the day was pretty non-eventful. The Chinese government still
hates freedom of
speech and American businesses don't care. Our own government is still
incompetent when it comes to
protecting its
citizens from identity theft. Congress is focused on
non-issues. The
job in Afghanistan is still
not done. The
Republicans are
still
in the majority in the House. And I still can't find an agent willing to
read my novel.
But hey, at least we don't live in
Brazil.
ERS Update: The commodity rally would appear to be over, at least in
Aluminum. ERS came back down to Earth. Although they were up today, on that
dreaded day of sixes they hit $16.38. I'd hate to have been the guy who
bought in at their all time (intraday) high of $64.20 last month.
And to my surprise, Cramer gave gold miner, Yamana Gold (AUY), the thumbs
up on his CNBC show "Mad Money." This is a stock I got in on in April at
$10.86/share. Unfortunately, after a run up to $12.40, it's fallen back to
$9.32. It was up in the morning but came tumbling down as the day wore on. I
don't know if that means the Cramer effect was in play or not. It'll be
interesting to see what, if anything, happens.
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About Me
Name: DED
Location: United States
I'm a stay-at-home Dad who survived dotcom burnout and a
chemical engineering career that fizzled. While the kids are in school,
I'm free to write stories.
I'm a rational environmentalist, science and technology enthusiast, who leans libertarian, reads and watches sci-fi, drinks and brews beer, and listens to metal.
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