I knew I should have called in sick today. On my second day on the financial markets, I lost 0.6% of the value of my portfolio as both Vodafone and AIG fall down for reasons that will have to stay mysterious (7 millions of AIG shares were exchanged today and I cannot figure out why). Did you know there is after-hours trading, it seems very endearing. In the meantime, Emily destroyed the place LL and I are supposed to take our vacations at next week (if we don't consider that LL life is just an extended vacation). Another source of my palpable discontentment today is that I had to buy two wedding gifts online: I think gay people should be exempt of making wedding gifts given the fact that they are expected to constitute their own kitchen set. I mean will I ever be able to count on any of you to buy me a Harrison 5pc Placesetting or a Vibrant Stripe Apron if I don't manage to get a priest or a local government official to celebrate my wedding ?. Anyway I think I would register at kiehls.com. At this point what could save the day would be to go see Charlie Wonka and the Chocolate Factory but I would feel unfaithful to Netflix.
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Monday, July 18, 2005
Comments
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AIG fell because Citigroup's quarterly earnings numbers were below analysts' expectations, coupled with weakness in the international bond markets that led to shorts selling thier AIG positions out of panic, causing dilution in the insurance sector. ;-) it should continue tomorrow. I say, buy internet names in london before their market opens in a few hours, and then ride that out in the US exchanges.
Posted by: Pete | Monday, July 18, 2005 at 07:49 PM
Tristan: How is your bolgg working out? I am leaving the states in a couple of weeks to go travel South America and Asia for a year and I'm considering creating a site to keep folks at home updated while I'm on the road. But, a blogg might do the trick too with less effort. Let me know what you think when you get a minute.
Hope you're well,
Dave.
Posted by: David | Monday, July 18, 2005 at 11:04 PM
On Pete's comment. I would reply ....no comment...
Posted by: FHC himself...yes...yes | Tuesday, July 19, 2005 at 04:38 PM
A good site. I'm offtopic, where you can buy a good telescope?
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