Sunday, October 21, 2007

Tom Brady IPO... The Coming Stock Rally... Oil Looks Toppy

I'm thinking that Tom Brady's so hot, he should IPO.

Can you imagine how oversubscribed that IPO would be? I bet Goldman would load UP... Tom Brady Incorporated.

The P/E ratio on that would be about 324.1 by the second day. But who cares? ANYTHING to own just a little piece of that Brady magic. You could buy the $500 January calls and watch them soar as Tom wins the Superbowl single-handedly, 45-10!

Frankly, Marsha will always be the hottest Brady to me. But I have to hand it to Tom. The guy's pretty cool.

The writer in the local paper today even declared him the national Alpha male. And to think the man is single. His member must be screaming with pain from overuse.

Ahem... ramblings of a tired person on a Sunday night after a long, ugly week in the markets.

Moving right along.

Other IPOs I would like to see: Newsgator... about five different jatropha companies... Green Investments... that's about it.

But here's the good news...

Boldly Idiotic Market Predictions: Stocks Rally, Oil Shows Weakness

This week will be a humdinger. The markets will rally broadly across the board, with some significant intraday volatility all week, but with a closing tally that'll put a smile on our faces.

Oil will begin to level off and show some weakness, but will finish around $89. But if the winter looks even a bit warm as we head into November, get ready for a wild ride with oil. I wouldn't be surprised to see it fall back below $80 before Thanksgiving, as equities take off.

So there you have it. Let's see what happens. Meanwhile, we'll keep a close eye on our stops and let the portfolio settle out a bit.

Good day,

James

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