Golf: New Groove Rules

Here’s a good article about the new groove rules going into effect in professional golf next January 2010. I won’t have to worry about them for a long time. Wouldn’t affect my game anyways! Can you stop a ball on a dime? Neither can I!?!

Albeit at Lower Levels

From Mad Money’s Cramer via this Seeking Alpha post …

“Our business is stabilizing, albeit at lower levels.”

That has been the catchphrase of this earning season, and contains within it good news and the bad news. While this may have been music to the ears of investors when the Dow was at 8,000, at 10,000, a “stabilizing” business is not enough, and the “lower levels” comment may indicate a coming decline. Cramer thinks the Dow’s current level of 10,000 is unsustainable unless companies indicate that business is accelerating; Apple, Google, Amazon, Marvel and Intel have been discussing concrete improvement. Tech is out in front, but other sectors are going to be left behind if they don’t report growth; “I fear the market will soon stabilize, too,” Cramer said, “albeit at lower levels than where we are at this very moment.”