Money doesn’t talk, it swears.  ~Bob Dylan, “It’s Alright, Ma (I’m Only Bleeding)”

Maybe, but it doesn’t have the power it used to. Over the last few weeks we’ve seen uprisings in Egypt, Libya, Bahrain, Tunisia, Sudan and in various other primitive societies. Japan had an earthquake, a Tsunami and found themselves an atom away from a full blown nuclear meltdown. The dollar? Crickets. Actually it went down. Where is that flight to safety like the old days? Gone baby. Dollar ain’t got game anymore. More money has flocked to the sportsbook in Vegas for the NCAA than the mighty greenback.

The Almighty Dollar

The dollar better get its giddy up and swagger back soon. A weak buck is one thing, an imploding dollar is quite another. Stay tuned. For my money it’s a coin flip here, but tech leaders are rolling over, see AAPL, AMZN, IBM, VMW, and FFIV just to name several. My short list is on the left and my long list is on the right. Be ready.

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Here are some links to view, as you ponder your navels and your next move in the market. have a great weekend.

What’s moving now.

Crooks who went Hollywood.

When a “like” is worth more than a “tweet”

Is Russia risky?

Probably the only think Ballmer’s done right in ten years.

Gallup has unemployment at 10.2%

Goldman is kicking 2000 to the curb.

Pennants for QQQQ & IWM?

Once upon a time in Beverly Hills; Carson & deCordova

Christie fires the cheat from Jersey’s Real Housewives, please indict them all for room temperature IQ’s.

If you like Burgundy.

The bears blasted a few shots across the bow this week. The momo names were slapped silly and the perma-schmucks were taught a quick listen in humility. Long only bloggers are feverishly checking their Adsense revenue this month and hedge funds that are never hedged, are wondering why they got hit with a waffle iron . Municipalities named a street sign after those guys, “One Way”. It would have been worse for the DOW, but IBM and GE came through with good numbers.The DOW would have been red both days otherwise. The breadth is lousy and the fertilizer group, as well as coal, got hammered. FFIV  had a ‘come to Jesus’ meeting, and other techs like Apple and Google cried ‘no mas’ as sellers showed up, even after great earnings reports. The post was early this morning as I was buried in grief over the Keith Olbermann firing and I didn’t sleep a wink. Next week should be a hoot. Do we rally or rollover?

My subscribers are 90% cash and the shorts that we put on the last several days are already profitable. We’re having a great month. Go here if you have interest in learning more. E-mail me at upsidetrader@gmail.com for performance.

Enjoy the links and have a great weekend.

Eddie O’Conner, the man who gave us derivatives.

Lawyers, guns and money.

Doug Kass

Shovel ready.

Sex, Lies and Videotape

Bobby Fischer against the world.

J.D. Salinger, Holden Caulfield and the War

Try selling a yacht.

Is the next bubble in education?

Spiders on drugs.

Have a splendid weekend. :)