Dow Jones Desperate to Get Over 12,500.....13,000 could be next!

At the time I'm preparing my blog the Dow Index is at 12,412 . For a while it's been in the 12,300-12,400 range...Trying mightily to clear the "artificial, magical " 12,500 plateau. Just not enough investor confidence or good news to get over the hump.
With some good news (jobs,) 12,500 could be just around the corner....Then lo and behold 13,000 is within sight!
Who woulda thunk?


This has been Wall Street analyst Steve Goldman reporting.

Knicks Hoops..When Was the Last Time You Saw Them Convert So Many Alley-oops in One Game ?

Well the Knicks got a "W " last night against Charlotte . It was not pretty, believe me ! The Knicks continue to make Boris Diaw look like he's all-world. But you know what? A win is a win .
To me the biggest positive to come out of this game besides Stoudemire's resurgence is the athleticism the Knicks displayed . Stoudemire, Melo, Chandler and Shumpert are very athletic and it showed last night . Four or five highlight reel type slams off alley-oop passes were uplifting to say the least !
Think hard , when was the last time four different Knick players got in the act ? And you know what, this will continue as defenses continue to double and triple team Stoudemire and Melo . Fun night at the Garden .
And yes the Knicks are 5 and 4.
Next up Sixers on Wednesday night.

Tim Tebow, He's a Good Player, But all This Hype ? Come On!

Am I missing something here ? Yes , Tim Tebow is big, strong, smart . Had a tremendous college career . Has potential to be the greatest running quarterback of all-time.(Let's not forget Bobby Douglass, Michael Vick ,Joe Kapp ). Great moral character . Was 7-4 as a starter this year , albeit in the last three games (losses) there was virtually no offense. Until yesterday he was thought of as a "below-average NFL passer ".
So what has changed ? Yes, a great performance yesterday against the Steelers . Ten completions, 314 yards . One running TD, two passing TD's, including an 80 yard TD completion in overtime to win it. Yes, dramatic stuff !
But, you would think that his performance yesterday made him a guaranteed " first ballot " Hall of Fame inductee " in Canton . Give me a break. Hey, Mark Sanchez helped get the Jets to AFC Championship games in his first 2 seasons before taking a step backwards this year . Tebow has won exactly ONE PLAYOFF GAME .
I'll tell you what. If he goes into New England this weekend and gets a "W", now we're talking!
This has been Steve Goldman, NFL beat writer reporting.

Wildcard Weekend, Great Stuff !

So here we are again. January 2012, and it's "Wildcard Weekend " again. Jets are out , and in turmoil. Giants are in and have the Falcons at home. Should be awesome playoffs . 49ers or Saints in the NFC, Pats or Ravens in the AFC.
The Giants also seem to be peaking at the right time. With the running game healthy, the "front four " still very dangerous , Eli at the top of his game and superstar Victor Cruz, they will be interesting ! Which Giant team will show up, is the question.
Anyway can't wait till Saturday 4:30 and then prime time Saturday night. Nothing like it!
Sit back and enjoy!

If a Republican is Elected President, I'm Moving to Canada .

I gotta tell you , that is one fu__in scary looking Republican field of candidates . I cringe just thinking about them . Well , three are basically out . Homophobic Michelle Bachman quit . She's opening a hair salon with Sara Palin.
"Right Wing Rick Perry " received one vote in all of Iowa from a retired Evangelical corn farmer . Newt Gingrich's ear size continues to grow . He's still living in a friggin time warp . One very weird guy ...Probably secretly enjoys whips and chains .
So that leaves us with Mitt Romney . I could never vote for someone with a first name which is the same as a piece of sports equipment ("baseball Mitt"). Then there is Ron Paul who is a "re-tread", who just won't retire . Did anyone say Tea Party ? I rest my case! Finally, Rick Santorum a former Senator and practicing attorney . Boy oh boy, Rick's legal careeer has been filled with big victories and noble causes, including his representation of the World Wrestling Federation in it's litigation where he argued that they should be exempt from steroid oversight because wrestling was not a sport. Just the kind of "health nut " we want in office . Maybe Barry Bonds will run as his VP.
So where does that leave the field ? South Carolina and New Hampshire are next . (Yawn).No more debates please, I'm begging you ! More torture.
Hey you know what, I got an idea . Let's "black out " all future coverage of the Republican primaries . Yeah, just wake me when it's over this summer and let me know who won . If necessary I can take a crash course in French, in case I actually have to move to Quebec. Oui, oui .

Political analyst Steve Goldman reporting.

Mikhail D. Prokhorov, Running for Russian Presidency, Do You Really Have Time for the Nets?

The Nets newest owner, billionaire , playboy Mikhail D. Prokhorov now apparently has political ambitions. He has thrown his hat into the ring to challenge Putin for the Russian Presidency . Maybe he feels if becomes President he can better protect his billions....Who knows ? His candidacy has to be considered (under all the circumstances ) a long shot at best . Maybe he has too much time on his hands?
So are the Nets really in his future ? Yes, he got Deron Williams . They're moving to Brooklyn. He's been trying to get Dwight Howard and simply put a respectable product on the floor.
But, can you imagine this scenario ? Prokhorov is elected President . The Russian people are in full-scale revolt. The Presidential Palace is being stormed ...
Prokhorov then gets on the Presidential loudspeaker addressing a million crazed revolutionaries .
" I have to leave for the NBA All Star Game tonight , can we pick up this revolution stuff in a week or two"?
This has been NBA analyst Steve Goldman reporting.

Wall Street 2012; Back to Where We Started?

So here we go...2012 is here! Holidays are over for now. Kids back to school . New Years' resolutions...Planned diets. More exercise . Yeah, yeah you got it . One thing that starts out in 2012 almost exactly where it began 2011 is the Dow Jones .
Starting 2012 at about 12,200 , just a few points above 2011's start . So what did all the volatility, ups and downs, stress, worry, panic , buying, selling, downgrades , "Occupy Wall Street ", etc really mean . At the end of the day not a whole hell of a lot .
My prediction...Market creeps up to 13000 this year and Mr. Obama gets re-elected.
Your thoughts?
This has been Wall Street Analyst Steve Goldman reporting.