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Yearly Archives: 2011

Saturday Night at Chess Cinemas

My final pick for this year is Everybody’s All American (1988). I consider it a classic, with a slew of memorable scenes and performances. Check it out.

Thank you to the numerous loyal readers of this tab, and have a safe, happy, and enjoyable New Year’s!

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The Chess Guide to New Year’s Eve

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New Year’s Even invariably winds up being a disappointment for most relatively young people who make big plans for the celebration. Plenty of bars, clubs, and restaurants offer enticing all-inclusive packages for the evening, where you and your friends/significant other pay up-front for “everything.” On paper, it all sounds great. After all, you are taking care of everything in advance and seemingly being responsible.

However, the all-inclusive ticket is usual a sucker bet, as the “all you can drink” special usually means that there is one bartender assigned to serve hundreds of people at a bar packed four-deep, serving you a small plastic cup filled with bottom-shelf booze that would have been rejected during even the driest days of Prohibition.

The “all you can eat” ticket or “Prix-Fixe” menu at a restaurant, however fancy, almost always entails the junior varsity team in the kitchen leaving the good stuff off of your plate, and instead replacing it with something close to a Lean Cuisine frozen dinner.

Finally, the New Year’s Eve ticket you and your boys buy for that hot club with the smoking’ hot girls will find you at some point during the night surrounded by a sausage fest so blatant that it puts the Jimmy Dean holiday office party to shame, while you watch the handful of girls become so inebriated that they pretend the booze-laden dance floor is a slip ‘n slide apparatus.

In sum, you are better off doing just about anything EXCEPT to celebrate New Year’s Even the way you think you are. Sure, hang out with friends, loved ones, and booze it up and eat fine foods. It’s just that you can do all of that without the aggravation of an all-inclusive sucker bet.

DISCLAIMER: If you find the idea of standing in the middle of Times Square while you freeze your ass off, caged in by the NYPD, appealing, then disregard this entire post and make sure you hit up the clubs on New Year’s Eve, baby!

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Let’s Get This Party Started

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You can see on the daily chart of the homebuilder ETF, XHB, below that a massive multi-month triangle is likely to resolve soon. It is interesting how price working towards the apex will likely coincide with the “big boys” returning from vacation in early-2012 to help decide the fate of the homies. Indeed, we should know soon enough whether the much-discussed housing recovery is for real, or whether the phrase “home builder” turns into a laughable oxymoron next year.

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