Euro cup muses

Fernando Torres.... what a burst of speed right by Phillip Lahm who is no slow poke himself. Congratulations Spain! You were the best team and you won. I can fancy your chances in the next world cup with the same young players, you are in for a very good shot. It was a good game, but it was refreshing to see a smaller team outmuscle the big germans. And Spain controlled the ball perfectly using the short pass game to perfection. That is what happens when you have a bunch of young players playing together through the years. On the other hand, the Germans failed to put together good set pieces and the spanish goalie to his credit decided to punch the ball than try to collect it. A wise wise move against the taller Germans.

I also think we have seen the last of Jens Lehman and Miroslav Klose. They have a bit of rebuilding to do before the next world cup. I do not think older players will be responding well in the heat of South Africa.

Random muse

The markets were still in turmoil this week. We have finally gotten into oversold territory on all indices with SPY and DIA oversold the most. Currently I am in a agricultural stock since it is one of the stronger sectors and I think the market is due for a bounce.

One of the things I hate about living in America is how cut off we are from the rest of the world. Americans seem to be insulated from everything from politics to sports. I miss watching wimbledon and soccer tournies that i took for granted back home.

The Euro cup final is tomorrow, though I am neutral I hope Spain lodges a win to get the monkey off their back. They always seem to choke on the big stage, I thought they had a very strong showing in the world cup till it fizzled in the knockout stages. The germans will be tough to get through, especially with their strength in the air and on set pieces. I will be cheering Spain though I am pretty neutral.

The dutch really sucked when it mattered. It was a pathetic performance against Russia..... where is the fight bitch.... maybe they need to learn a thing or two from the turks.

I think the Brazilians and the argentines are the only two teams that can consistently play free flowing soccer. It has been a long while since the Dutch have succeeded in playing that brand of soccer- not since the days of van basten, gullitt, koeman, reickhard. The likes of robben (who i find eternally selfish in his play) and can persie (who I find to be making too many moves with the ball to confuse himself...aka christiano ronaldo in his younger days) are not the kind of players to build an attacking, hold the ball- we will attack on our own sweet time kind of team that the Brazilians and the Argentines have.

Watchlist

Long-DNR@36.5-37,V,,TTES,MOS@140-141,POT@216-220,HES,MON@135-137,SFY>64,OLN,DECK,GDI,CE,CEDC,WGOV,
Short- PCLN,FXP,EEV,SRS

The overall market is bearish, especially overseas markets have broken through short term resistance. Even EWZ which had held up pretty well this year seems ominous.

I will most likely not be trading actively this week as I am busy with other stuff. But if it looks ripe, I may take a small position.

Watchlist

LONGS
RIMM,CLB,PDE,STLD,ATW@105 S=104, GHM@65, MON@133-135,HES,LNN@122,FCX,LUV@14,GRA,PX,GTLS,MANT,TRA,VMI,LUV,SAI,DNA,BTM,PBR

SHORTS
SSRI,ABX,EEV,IYF@80,SRS@87-88, SKF @115-117,GRMN,CMED

Tough market conditions. I am bearish with short term bullish mindset.

Stocks to watch

Longs
PX,GTLS,MANT,TRA,VMI,LUV,SAI,DNA,BTM,PBR,HES,LNN

Shorts
GRMN,CMED,RIG

Made the right call on DRYS,EXM but they gapped down and gapped down big. Probably had a chance to get in when they recovered a bit this afternoon, but did not have the stomach for it.

The market is hitting oversold territory and it might be a good idea to keep a good long list. However, note that we have had interest rate hikes in China, India, South Africa, that does not bode well to emerging markets that have led the way.

Of all the BRIC countries, Brazil has held up well along with Russia. EWZ has seen a 10% pullback and I plan to get in at the $82-85 region. RSX actually looks good at the current with a stop at 53.

Stocks to watch

Long
PX,UDRL,DAR,ROS,VMI,MCF,CXO,MVL,ZOLT,LUV,SAI,WGOV,DNA,BTM,HES

Short
DRYS,EXM,GRMN,RIG

Weekend musings

The Fed raised interest rates on Sunday. Not the Federal Reserve, but Roger Federer. Nadal really creamed him, 6-0 in the final set.. WOW!! I have never seen the Fed lose a set like that, he was totally demoralized. Interest in Wimbledon jumps up sky high, will Nadal make heavy inroads into the Fed bastion.

Professional men's tennis is a beast. The Fed after being downed by mono is suddenly looking mortal. Just tells how competitive the tour is.

Congratulations Ana Ivanovic, though I didnt watch your match, I am sure you deserve it. Congratulations for parting company with Anna K and the other hotties who could never win and welcome to the company of Maria, Steffi, Gabriella and Chris Evert- the hotties who win!

Lewis lewis lewis... swerving to bump your chief rival is very unbecoming. But then, I grin at your smart. You sob!