The Intergalactic Cowboy

The Dow Jones Industrials did not achieve the massive selloff that I predicted yesterday. This, despite the warning of lower sales by Microsoft’s own Steve Ballmer; the lower number of new home starts; the increased number of defaults on adjustable rate mortgages; and the lower University of Michigan consumer confidence number. Both individual investors and institutional investors held onto their stocks in the confidence of a strong U.S. economy. Even a couple of my own laggard stocks earned money today. It would be more correct to say that my losses in these stocks decreased today. So, at this point, I don’t know what it will take to spook the market here in this country. When this many investors feel this overconfident, it is a sure sign that the market has peaked. A few naive investors will probably get into the market for the first time next week. Those pathetic idiots !

I was only able to rehearse for forty minutes today. My preparations for my three day trip to Atlanta took up more time than I predicted. On Saturday I perform; on Sunday I master some Nobz live recordings onto CD; on Monday I enjoy the benefits of city life in whatever way I see fit. I hope to catch the movie  ‘ Hannibal Rising.’ My showtime for tomorrow has been moved up to 7pm, with doors opening at 6pm.

With failed predictability,

I.C.