PipStop

Just some random thoughts to end a LONG day.

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++ Everyone is wondering where the euro is going. Everyone's got their opinions. What's yours?

++ Do you know the difference between investing and trading? Is there even a difference?

++ Ouch. So as I wrote last week, Lehman Brothers has been eating carpet, and early today it was reported that it posted a $2.8 billion loss for the fiscal second quarter. Then its CEO Richard Fuld Jr. gets on a conference call with investors and takes responsibility for the "disappointing" results. Then, we see the stock that had been so battered last week, rise more than 6% in mid-afternoon trading. Is there something wrong with this picture? It isn't just me is it?!?

++ Ahh .. The sweet smell of a hedge fund manager on the run from authorities. That isn't my question on Samuel Israel III, it's how his personal fortune can can from less than $1 million to several hundred million. That's a pretty wide divide hombre.

++ Leonard Lin gives us a peek into his investment portfolio and we can see his asset allocation. For as much as he receives flak in the community comments that follow, one thing to be sure of is, Leonard is willing - one of the very few who are - to put himself out there.

++ I've never looked at trading like a game, and loathe trading "games" that are out there, but Stock News Game is really interesting.

++ Yahoo CEO Jerry Yang's days are numbered with scathing opinions mounding up.