Tuesday, January 15, 2008

MSM you crack me up

Headline this morning:

Retail sales surprisingly weak in December, down 0.4%

Surprisingly? To whom? Oh the so-called experts and talking heads on CNBC. If the sun rises in the east and sets in the west those boneheads will be surprised.

Well actually I'm surprised as well. Surprised it is down 0.4% and not down 4.0%.

Maybe I was a little premature in selling my RTH puts after all.

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