I like to pretend that I am too sophisticated to use foul language in the title of a post. Within the body of a blog, all is fair game even when it is foul.
But before I mouth off with four-letter words, an update on my first child’s progress with high school applications. You might remember from my previous posts that my son had been applying to high schools. Well, he received his first letter yesterday, and from the school on the top of his wish list. Fortunately, it came in a large envelope, stuffed with material. You know what that means. He casually read his acceptance letter, set it down, then nonchalantly resumed whatever it was that he was doing.
My wife and I looked at each other with puzzled looks on our faces. I asked my son, “aren’t you excited about getting accepted to your first choice of school?”
“Dad, it’s just another four years of studying.”
Shit, he’s right. I have to hand it to him. He summed up in a few words what it was really all about.
Speaking of shit, the market has the color and texture of of it. Despite the fact that the SPX and NDX seem to go up every day, the broad market isn’t really green. It isn’t really red, either. It is red and green combined. I think that gets you something in the shade of brown. Admit it, at some point in your lives you’ve touched shit. I did it by accident, but some of you strange ones actually might have squeezed some in your hand on purpose just to see if you could knead it like dough. The market right now has the consistency of healthy shit. It looks nice and firm, but it is in fact squishy. The average stock — and by that I mean small caps — is not going up with the large ones, and if that doesn’t change this market might experience the onset of diarrhea. Unless you are really twisted, no one wants to touch that wet mess.
I want to think about something clean, however, as in a clean break of the Russell 2000 over 830. Preferably 832. That will really get things moving, so to speak. Rip! Rip! Rip!
*Robin Williams in Dead Poets Society.
http://www.youtube.com/watch?v=lkpWk8FJsys
