Thursday
May042006

Rebirth Brass Band at Howlin' Wolf New Orleans - Review

The Rebirth Brass Band took the stage late at Howlin' Wolf. This Warehouse District venue moved to a new larger location. I found it eay to get to the bars and see the stage well from anywhere. Rebirth had a great show that ended when they invited every woman in the audience on to the stage. ...

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Thursday
May042006

Rescue Inspector Markings

Click on photo to see what each part of these post hurricane/flood inspection markers mean. It's really morbid. It put a lump in my throat to imagine the government official on boats looking through houses for bodies.To see the rest of my photos of post Katrina damage click hereTo see all my flickr photos from this New Orleans trip click here ...

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Wednesday
May032006

Words of Wisdom

Laissez Les Bon Temps Roulez ...

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Wednesday
May032006

T-Shirt Wisdom - Make Levees Not War

This just about sums of the attitude of New Orleans Locals I've spoken to. For a link to my constantly updating New Orleans Jazzfest 2006 Photos click here: ...

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Wednesday
May032006

Cafe Du Monde and Polystrene: A Review

Cafe Du Monde at 1039 Decatur in the French Quarter is a New Orleans icon but I don't ever remember it being a nice place to hang out nor do I ever remember disliking it. Of course, I'd never been there sober or during the day until today.I ordered a large cafe au lait (half black coffee half milk), decided to skip the beignets (translation: french fried dough covered in powdered sugar) after last night's eating festival and too many Red Hots Candy from the free machine that the W Hotel cruelly put in my room. ...

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Wednesday
May032006

Procter and Gamble (PG) partial unwind

This is a partial follow up of last weeks trade where I bought PG strangles. PG earnings did come out and the stock got hit. It's down 4.6% to 55.45 as I write this. Though I don't think the earnings did anything to hurt the long term prospects of PG. Missing sales estimates did spook some analysts and investors into selling. The strangles I bought last week have served their purpose and while the calls are basically worthless I did managed to sell out 20% of the puts for $0.50. I'm offering out another ...

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Wednesday
May032006

Jazzfest Day One

First Day in New Orleans. Went to dinner at Cochon Restaurant. Had some real high quality cajun cooking. I found the chairs uncomfortable and the atmosphere sterile. However, when the food arrive my opinions changed and I fell in love with this place.After dinner went on a tour of the 9th tour. It all looked like something from a postarmageddon science ficiton movie. You know the one where all the people are missing and the lights are off. It looked like that. I kept looking for the zombies. Signs like these are everywhere:The ...

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Monday
May012006

New Orleans Jazzfest and FestAid

My friend and fellow New Orleans Jazzfest fanatic, Shiela Byrd sent me this link to a WWOZ news release about FestAid. What a fantastic group of fans of both New Orleans and Jazzfest who want to give something back. I leave Tuesday for New Orleans and will be there for six, YES six days and nights of wonderful of fatty food, good music, dancing and reoconnecting with old friends. Pre-Jazzfest Opinions:My Favorite Jazzfest Food: Gator Po' Boy (not bad for an ex-vegetarian)My Favorite Jazzfast Band: (it always turns out to be one of these bands that combines various ...

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Friday
Apr282006

(NZT) (TMX) Buying some cheap telecoms - Telmex and Telecom New Zealand

In this world of a falling dollar I can't help but pick up some high dividend paying low valuation stable earnings oriented telecom companies. I added to my position in Telecom New Zealand (NZT) and I bought back the May 20 strike calls sold agains my small Telmex (TMX) position.Disclosure:I own Telecom New Zealand (NZT) and Telmex (TMX). I am also short jan 2007 - 15 strike puts on TMX. (I'd be very happy to own it at that price.) ...

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Friday
Apr282006

(PG) Portfolio Trade - Procter and Gamble Earnings Strangle

Procter and Gamble (PG) (stock reference $58.20)Bought May 55 PutsBought May 60 CallsPaid $0.45 per shareThe company annouces earnings next week. I don't have much of an opinion on what earnings might be but I don't want to be left out of any big move. And since option prices are so low lately and I love buying when others are selling, I picked some up cheap. I view this option trade as a speculative bet. The implied volatility of this option strangle is around 17. Links to Educational Sites to explain this strategy:Options BasicsDefinition of ...

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