ParkTwain's Parlor

BSC down to 20-month low - Aug 3 close

Blood in the BSC streets, prepare to buy it.

Aug 3 - CNBC - Jim Cramer MELTS DOWN

http://www.cnbc.com/id/15840232?video=452808336&play=1

He starts rolling at about the 2:00 mark.

what happened at 3pm ET today?

The entire market jumped up practically in unison. What was the news that moved the market?

Read the fine print in the CFC conf call

I read that Countrywide's CEO admitted that the "prime borrower" loans that were going bad were actually 2nd mortgage loans to borrowers going "zero down" on their new home purchases. No problem! CFC is getting what it deserves after making those kinds of foolish loans!

[peanuts]

pictures

ParkTwain,

I've been enjoying the pictures that you've posted here. I thought you might like this picture, courtesy of a former MM member, which seems especially pertinent following their recent earnings release:

Joe Walsh is from Ohio, you know ... What a guy ...

[riverbabe]

[QUOTE=ParkTwain;84929]riverbabe, what do you mean? These artists are new to you?

Yes, these particular artists are new to me, but probably for good reason. Trying to be fair here, but I am underimpressed. Evidently they have a following but...

I know at least some of those on your next list and will listen again.

riverbabe, what do you mean? These artists are new to you?

Here are a few more suggestions:

Adam Fulara (Poland), finger-tapping guitarist
J.S. Bach BMV 847

http://www.youtube.com/watch?v=3E0hK8HwhLI

Stephen Stills and Manassas (1972)
"It Doesn't Matter"

http://www.youtube.com/watch?v=PlNT5w7Mjmo

James Gang (feat. Joe Walsh, now of the Eagles)
(This is an early 1970s antidote to today's puerile Green Day.)
"Walk Away" (1971)

http://www.youtube.com/watch?v=24SOBX4PIx8

XTC
"All of a Sudden"

http://www.youtube.com/watch?v=3KoWcbGMLTI

XTC
"The Mayor of Simpleton"

http://www.youtube.com/watch?v=5Da9sc6YDBo

Tom Tom Club
"Genius of Love"

http://www.youtube.com/watch?v=ypVLtlXy_No

Fiona Apple
"Across the Universe" (by John Lennon)

http://www.youtube.com/watch?v=8gLWTtlMwo4

Bjork
(another owner of an overpowering voice, in a small package)
"Hyper-Ballad"

http://www.youtube.com/watch?v=dvVR4700d5o

[riverbabe]

But I can always listen to Cake (the band).

"Alpha Beta Parking Lot" (so simple, so perfect)

http://www.youtube.com/watch?v=Ku5ZapQwIj4

"I Will Survive" (perfect cover of the disco classic)

http://www.youtube.com/watch?v=10C68Gzd5GM

Not to mention Neko Case. Her voice will slice right through you!

"Furnace Room Lullabye"
http://www.youtube.com/watch?v=9nBt_e9tzdQ

It's 6AM and I just listened to these. Park, I am speechless. So, I'll be very quiet now. (What planet have I been living on?)

Can't make any headway in this week's POTW

But I can always listen to Cake (the band).

"Alpha Beta Parking Lot" (so simple, so perfect)

http://www.youtube.com/watch?v=Ku5ZapQwIj4

"I Will Survive" (perfect cover of the disco classic)

http://www.youtube.com/watch?v=10C68Gzd5GM

Not to mention Neko Case. Her voice will slice right through you!

"Furnace Room Lullabye"

http://www.youtube.com/watch?v=9nBt_e9tzdQ

TA on recent bullish action in the 3 major indexes

http://tinyurl.com/ytkhnw

This is good stuff!

[peanuts]

Anyone out there interested in the following:

ASTE, AXCA
BID
CCC (special situation, water filtration, China), CHTR, CME, CSV
DOV
FFIV
GE
HOKU
IBM
KYPH
NTGR, NVTL, NXTM*
OYOG*
STXS
TNB

I'm interested, and even invested in some of these. What's up with the asterisk? There are some solid companies in that list. Some I've never heard of, but I know your screens are really good, so I'll have to do some more research. Can you expand on more of them? Why are they on this list? Thanks

More quick hits

Anyone out there interested in the following:

ASTE, AXCA
BID
CCC (special situation, water filtration, China), CHTR, CME, CSV
DOV
FFIV
GE
HOKU
IBM
KYPH
NTGR, NVTL, NXTM*
OYOG*
STXS
TNB

Some recs chosen from 7/13/2007 new 52-wk highs list

These stocks are showing uptrending RSI between 65 and 70 (it's already strong and getting stronger, but not yet a "bottle rocket"), recent up move in ADX +DI line with low (around 20) and/or downtrending -DI line, at or just above all-time high price per share, with attractive forward PEG (around 1.5 or less, definitely below 2.0, sub-20 PE is preferred), avg daily volume >100K. Imminent earnings announcement are noted.

Good
ALY (wait first for reversal out of present pullback)
RATE (imminent ATH breakout, buy post-breakout)
SPSX (imminent ATH breakout, buy post-breakout)


Better
AAON (earnings 8/8 )
ACW
HSC (earnings 7/26)
IFF
JBHT
LYO (earnings 7/26)
MMM (earnings 7/26)
ONNN (earnings 7/31) (exception: recent 6-yr high price)
SIAL (earnings 7/24)


Special situation
SFD (watch: pork demand from China is new wild card)

More "flip-flops are unsafe in public" news

http://tinyurl.com/2hjzzx

5 Injured in Vegas Casino Shooting
(at the New York-New York Casino)

//
Larry Ramos, 33, a tourist from Lansing, Mich., said he arrived at the front of the hotel to find people rushing out.

"There were flip-flops just laying all over the place like people were running out of their shoes," Ramos said. "Within a minute and a half there were 30 to 40 police there. The cops just swarmed the place with M-16s and their guns out."

Ramos said bystanders cheered for the wounded when they were wheeled out of the casino to ambulances, and later talked about the people who tackled the gunman.

"People don't put up with stuff after 9-11 no more," he said, adding that he was surprised that THE CASINO NEVER SHUT DOWN.

"That's what amazed me, Ramos said. "They locked down the tables, but THEY LET PEOPLE STILL KEEP PLAYING THE SLOTS."
//

VEGAS, BABY!