Tuesday, November 25, 2008
If you are a fan of college basketball you know that is Bill Raftery standing next to yours truly. I've been listening to him call games since he first left coaching, he is a hoot. If you are a college basketball fan you also know the reference made in the title of this post. Bill was very personable, the picture is blurry because Bill's classmate took the picture and didn't know how to use the camera, but still it's pretty cool. Later we walked by each other and he heckled me about eating a muffin (shortest line in the concession area). How cool is that?
I'm not sure how cool it is that the market still has plenty of panic left it, up 13% (or whatever) in two days is a panic and as many have pointed out the biggest up days occur during bear markets. I still believe we can go much higher very quickly and come back down yet again quickly.
I do still believe that people that really think of themselves as long term investors will be thrilled with most purchases made while SPX still has an 8 handle.
Short post as we are in Maui and my wife has put up with an awful lot.
The second pic is from the Indiana Notre Dame game. I took a ton of action shots (I also went to Texas St. Joe's) and about three of them turned out.