Buy When?

Dave and I are in agreement.  If my stocket market-related posts are gloomy, its because I am waiting to start buying again.  But, if you look at the P/E across the board, valuations ain't too attract at this time.  Yes, I am looking for a move below 7000.

Don Park says the Dow will soon test 7500. Maybe so. But the day the war with Iraq is behind us the market will go up 2500 points. The market bearing a heavy weight of uncertainty due to the looming war. Alternate theory. The market, anticipating a resolution, will creep up, and go down by 1000 points when peace is achieved. Yeah that's probably what'll happen. Either way, I'm getting a feeling it's time to start buying again, soon. [Scripting News]

Space Idiots

Apparently, NASA was aware of the possible tile damage caused by 20 inch long fuel tank insulation foam during launch.  So what did they do?  They ran computer analysis and concluded that the damage wasn't a danger.  Why didn't they send an astronaut out to inspect the left wing directly?  If I hear funny noises while I am driving, I stop the car and take a walk around the car.  Its common sense.  Apparently, NASA prefers to look at the dashboard.

Amazing Microsoft

Earlier today, Microsoft replaced its XP SP1 with a version without Microsoft JVM.  Afternoon today, 4th Circuit Court of Appeals granted Microsft stay of Judge Motz's decision requiring Microsoft to ship Sun's JVM within 120 days.  That version was to be XP SP1b.  What does all this mean?  It means Windows platforms will not have Java VMs, not even the one from Microsoft.  Amazing.

Fantasy Evil Axis Rumble

While replying to Russell Beattie's kind thoughts about Bush's role in Columbia's demise, I had a funny thought.

[These are my words, not Russell's]
Bush is too much of an idiot to pull this tragedy off. I know why I dislike Bush. He is the perfect vision of how I would have turned out if I ate up everything my ultra conservative father told me as I was growing up. He gives me the shivers.

As to Saddam Hussein, I am trying to dream up some scheme to make North Korea attack Iraq: Saddam Hussein versus Kim Jong-Il. A Fantasy Evil Axis Rumble!

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p dir=”ltr”>On a similar track of thought, I don't see why we have to destroy North Korea's nuclear facilities when there are two major military powers in the neighborhood: China and Russia.  With all of North Korean arsenals pointed south, it should be easy for either China or Russia to bomb or invade North Korea without fearing destruction of Seoul.

Everyday Not Just Another Day

Internet bubble, Recession, 9.11, Bin Laden, Saddam Hussein, North Korea, and now Columbia.  Is it just me?  Is this part of life on the other side of 40?  I don't know when it happened, but I no longer feel that everyday is just another day and I don't mean that in a shiny and bright way.  I spent a whole month after 9.11 shocked.  Today, I am less shocked, as if I was half expecting it.  After all, everyday is no longer just another day.  What a crappy day this is.  Somebody please turn this burning flapjack over.