balance

while i am overall bearish in this market, i think it is sometimes necessary to selectively entertain long positions from time to time. i hate to say it but emc calls look appetizing at these levels. the jan 20's may be the play.

last week i was strolling through target with my niece and nephew in san diego and saw this guitar hero box in almost every cart. it got me thinking. when i got back to the de, my buddy piper said he played this game over the holiday with a bunch of peeps and it was a huge hit. atvi makes the game but i think i may have missed the boat on this one. will add to watch list.

dec 11 is the next point and a 50bp cut is baking in (25bp baked already, but this turkey wants to get burned). how much liquidity can benny inject into the patient? we may see a run into this point; but after this the market will crap out, just like a fat, over-libationed, unexperienced shooter in ac. time to buy some insurance. c and e!!!