Mr. Sensitive

June 15, 2012

FSX Friday Update

Filed under: Uncategorized — lbej @ 17:26

The European Debt Crisis.  Humbug.  I don’t believe in it.  Call it the European Debt Problem and I’m with you.  But crisis?  No.  If you were calling it a crisis two years ago, and we’re in the same spot two years later, no better and no worse, you can’t credibly call it a crisis now.  In a crisis you have a short window of time in which to take action, and—this is critical—doing nothing will as decisive as doing something.  The Cuban Missile Crisis was a real crisis.  The leaders of the two superpowers had a few days to bluff and counter-bluff and nuclear war was at stake.  If the USSR tries to break the US blockade and deliver missiles to Cuba, the result is World War III; if they turn back, the war remains cold.  That’s a crisis: it’s happening, and it’s happening right now.  July 1914 was a crisis period, and three options were realistic: Austria backs down; Russia backs down; the Great War begins.  Of course you know which one happened.  More recently, there was a true financial crisis over the two days between the Lehman bankruptcy before the market open on Sep. 15, 2008 and the Treasury’s bailout of AIG after the close on Sep. 16.  The government allowed Lehman to fail and the credit markets froze, bringing the global economy to the brink; if the much-bigger AIG went under, we’d be back to the barter system by the end of the month.  That was a crisis.  I don’t know if the Greece/Spain/Italy mess will reach a point of crisis; I just know it hasn’t yet, two years of proclamations notwithstanding.

The Family Stock Index lagged the broader market by nearly 200 bps this week, dragged down by long-time leaders (REGN) and laggards (ZQK) alike.  The wedding of Mario the Younger and Nicole L. is just over a week away now, and the associated travel frenzy begins early next week.  On the heels of last week’s 500-point rally and considering how many balls we have in the collective air, a 0.5% loss and 12,446 closing level isn’t that bad.  You may remember how the FSX was carved for a 750-point loss in the week before the Justin-Nicole nuptials—the difference is clear, and I’m it.  Imagine if I were preparing to board one of those winged, steel suppositories to fly to Philadelphia; where would the FSX be today?  11,000?  11?

Also this week Reagan made me a Father’s Day/birthday Family Photo Album, albeit with no photos.

As you will see, it also doubles as a dire prophecy.

Advancers

  • Charlotte (ICE) +5.4%.  Since I promised to watch Inception with Charlotte her stock has soared 14%.  Jeez, Sis, if it was that important to you, you should have just said so.
  • Katie (CATY) +2.9%.  Something is coming; everyone can see it.

Lucky for Katie she’s quick on her feet; it’s all I can do to stop her from jogging everywhere and embarrassing the rest of us with her lightning speed.  Obviously she will simply sprint clear of danger.

  • Lee (MSTR) +0.9%.  I am pretty fast in a pinch, so I should be safe.  Assuming I don’t have to stop and fix my lipstick.

  • Mario the Elder (MGEE) +1.7%.  Can Mario T.E. get through one more week without giving away any of the wedding-related surprises?  The market says yes; his children say no.
  • Winston (ED) +1.4%.  Winston would rather be sent to a kennel than go to a wedding.  I feel you, Ed.

Decliners

  • Nicole L. (COL -2.5%).  Maybe Nicole has some pre-wedding jitters; it would be more worrisome, I think, if she didn’t.  It’s kind of a big deal.  I guess Mario’s just staying busy and keeping concern-free; he was unch on the week.  They should both definitely have pre-Brinky jitters, not that it will save them.
  • Brinky (BCO) -3.4%.  Brinky is sneaky-fast, but he also falls a lot.  His chances of getting away from whatever’s coming at us from the left aren’t terrific.

Someone will have to sacrifice him- or herself to buy Brinky the time he needs to make his getaway.

  • Jenny (JNY) -1.5%.  Maybe Jenny will volunteer; the market thinks Katie and I will be long-gone.

  • Zondro (ZQK) -9.1%.  Zondro’s not in the Family Photo Album.  There are two possible reasons: (1) he’s a dog, and a dog can’t technically be in a family of people, Justin; or (2) the monster already ate him.  The market is leaning toward reason #2.
  • Reagan (REGN) -12.2%.  If Reagan has to take the time to inexplicably misspell and then correct her own name, she’s a goner.

Name Ticker 6/15/2012 Change
Brinkley BCO $22.32 -0.78
Charlotte ICE $134.80 +6.91
Dustin DST $52.58 +0.24
Icarus FLOW $2.95 +0.05
Jenny JNY $9.74 -0.15
Jodi Ann JOY $55.74 -2.38
Justin SCI $11.52 +0.15
Katie CATY $16.49 +0.70
Lee MSTR $124.33 +2.17
Lisa LNCE $25.54 -0.26
Lucas LEI $1.61 +0.03
Lulu LULU $62.11 -2.66
Marcus MCS $14.15 +0.02
Mario T.E. MGEE $47.21 +0.77
Mario T.Y. SUP $17.14 unch
Marisa MOLX $24.72 +0.44
Namilita NL $12.42 -0.30
Nicole E. NI $25.34 +0.09
Nicole L. COL $49.07 -1.24
Reagan REGN $113.85 -15.77
Ruby RJET $5.57 +0.03
Wilson WILC $4.56 -0.01
Winston ED $63.10 +0.86
Zero ZIP $10.12 +0.02
Zondro ZQK $2.49 -0.25

 

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2 Comments »

  1. I love those portraits. She nailed it. And her cover design is actually incredible. It’s so nicely done.
    I’m just trying to be cool about Inception. Thanks for giving me away, FSX.

    Comment by Charlotte — June 17, 2012 @ 12:49 | Reply

    • The market knows you better than you know yourself.

      Comment by lbej — June 17, 2012 @ 13:00 | Reply


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