Topic: August 4th Picks
For the Week of August 4th
Business / Economy: Lackluster earnings reports will continue to demonstrate that the housing market crisis is having a broad impact. The dollar will hold its value as a result of eroding demand on commidities. Lead Pipe Pick of the Week: Volitility in the Financial Markets will provide opportunities in WB and WM. Wait for negative news to come out on FRE causing a 5% drop. Take position and wait for the 20% pop.
Politics: Nothing new on the Obama / McCain front. Obama continues his tour with a larger following than the Greatful Dead. McCain continues his Town Hall talks at every IHOP in Indiana. Lead Pipe Pick of the Week: McCain gets confused and calls HIMSELF a racist- Obama fires back that he called himself a racist first.
Sports: Its amazing- Tiger takes off 4 months to make his next billion doing commercials and next thing you know- the kings of the 1990's come storming back. Norman, Vijay, etc. Lead Pipe Pick of the Week: Vijay wins something other than closest to the 150 yard flag at the driving range
Misc: Heard on the news the other night that Cuba is sending a rowing team to the Olympics. They started training two weeks ago. Lead Pipe Pick of the Week: They'll be on a beach in Miami by the end of this week.
