tidbits

* Microsoft issues bonds for a 1 billion dollars. Why would you do that when you have 38 billion in cash. That is how you pay Wall Street for their upgrade.

* We need a big followup day in US markets to think of an uptrend. Futures down slightly right now.

* Euro strong and above 1.21.

* Mortgage fraud in the US - get a buyer, get it priced lower by the bank, turn around and sell.

* Japan debt issues. They just had good production news. Is it now cool to say you are in debt ? Another western influence. Nondebters in the minority. Already paying for it.

* According to Google Finance, Google stock PE and EPS are 22.07. It is their site and their stock.

* ATT exposes 110k email addresses of iPad users. iPad spam protection anybody ?

* BP will end up cutting all its dividends. I hope they end up dissolved.

* GM plans to go IPO. Here is the master plan - screw all shareholders who trusted you for years, declare bankruptcy, get new suckers in.

* As I expected, retail sales plummeted in US last month. Street expected +0.2%, actual -1.2%. Ouch