Thanksgiving Day 2005

Thanksgiving.................

Hope everyone has their sleigh and reindeer ready for some Holiday presents .........Santa may come after all. Not much has changed as of late except the bullish stance of the players behind the curve this year. Bonds flickering to invert, oil and gas doing it's thing, the metals bright and shiny, no shortage of scams (Refco, option mispricings, scam-de-jours) and NYSE seats at record highs.

And I for the life of me can't figure out why they aren't making a stink about taking the NYSE public. Oh, I forgot, it is about THE MONEY!!!

The Nasdaq at a year high yet Cisco, Microsoft and Intel aren't getting it done.

I want to wish you and yours plenty of great cheer on Thanksgivng Day.

Living in America we have much to be thankful for.

Take heed, another commandment from Victor Neiderhoffer..........

Prices are artifacts of prevailing systems' intent.

Give-away programs...........

A Somali arrives in Minneapolis as a new immigrant to the United States. He stops the first person he sees walking down the street and says, "Thank you Mr. American for letting me in this country, and giving me housing, food stamps, free medical care and free education!" But the passer-by says, "You are mistaken, I am Mexican". The man goes on and encounters another passer-by. "Thank you for having such a beautiful country here in America!" The person says "I no American, I Vietnamese. "The new arrival walks further, and the next person he sees he stops, shakes his hand and says "Thank you for the wonderful America!"

That person puts up his hand and says "I am from Middle East, I am not an American!" He finally sees a nice lady and asks suspiciously, "Are you an American?" She says, "No, I am from Russia!" So he is puzzled, and asks her, "Where are all the Americans?"

The Russian lady looks at her watch, shrugs, and says..."Probably at work!"

Sent to me from Edward A. Bondy...........

Teddy Roosevelt on Immigrants

"In the first place we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else, for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the man's becoming in very fact an American, and nothing but an American...There can be no divided allegiance here. Any man who says he is an American, but something else also, isn't an American at all. We have room for but one flag, the American flag, and this excludes the red flag, which symbolizes all wars against liberty and civilization, just as much as it excludes any foreign flag of a nation to which we are hostile...We have room for but one language here, and that is the English language...and we have room for but one sole loyalty and that is a loyalty to the American people."

Theodore Roosevelt 1907

The Congressional Budget Impasse'

What lunatics we have elected. Truly stunning that the Republic can still function.

For sure, the give-away programs won't go away. Apparently there is no need for Alaskan oil.

The most dangerous place for a taxpayer is inside the Beltway........they will rob you one way or another.

And they have no desire to shutter our borders.

Allstate says...............

8 out of th 10 largest U.S. catastrophes have happened in the last four years.

Is this random or a trend we can trade?

Lighten up..........

A man and his friend were enjoying Deer Hunting Season in rural Arkansas near a blacktop highway. A huge buck walked by and the hunter carefully drew his bow and took careful aim. Before he could release his arrow, his friend pointed at a funeral procession passing on the road below their stand. The hunter slowly let off the pressure on his bow, took off his hat,bowed his head and closed his eyes in prayer. His friend was amazed. "Wow, that is the most thoughtful and touching thing I have ever seen. You are the kindest man I have ever known." The hunter shrugged. "Yeah, well, we were married for 35 years."