Market soars like an eagle on heels of Obam economic speech

[peterb]

The market tested it’s Oct intraday low and is rallying from it. This was expected and happened in 1929 as well. Politicians only hurt the market. This rally, at best, will rally until the next quarterly earnings reports come out and unemployment reports as well. Then it’s down, down, down again.

[sdduuuude]

CARSON, Calif. – The tear trying to escape the corner of Sigi Schmid’s eye didn’t even begin to tell the full story of the emotional maelstrom churning within the Columbus Crew head coach.

In his moment of triumph Sunday, after his Crew capped a superb season by capturing the MLS Cup thanks to a 3-1 win over the New York Red Bulls, Schmid’s professional life flashed before him.

There was joy, redemption and a sense of justice, all released at the moment Columbus captain Frankie Hejduk hoisted the Cup aloft and an explosion of streamers cascaded around the Crew players’ shoulders at Home Depot Center. Yet there was also a truly personal element to Schmid’s mindset.

Foremost in his thoughts was his wife, Valerie, who encouraged him to take the Columbus position two years ago even though it would take him thousands of miles away from the family. Throughout the season, she told her husband that the Los Angeles venue of this year’s final was fate – and that he would emerge a champion from the city in which he was disgracefully fired as coach of the Los Angeles Galaxy in 2004.

But in the early hours of Sunday morning, Valerie, who still lives in Southern California, suffered a health scare.

“It was an eventful day because I got a call from my wife at 4.30 a.m. because she was not feeling well,” said Schmid of Valerie’s gastrointestinal problem. “My son-in-law, who is a doctor, got her hooked up to an IV – they even had her hooked up in the parking lot so she could come to the game. It was all pretty emotional.”

ADVERTISEMENT

Schmid celebrated the fruits of his labor through moistened eyes, yet he went about the pursuit of a championship with the precision of an architect.

His blueprint dictates that the Crew plays more like a South American team than one typical of Major League Soccer in that they are generally content to operate by stealth instead of taking too many risks. Some unfairly call their style dull, yet just how any side including the magnificent Guillermo Barros Schelotto could ever be described as such defies belief. Then again, Schmid has rarely received the full credit he deserves, and the bitterness he feels will never fully subside.

His alleged crime with the Galaxy was that their style of soccer was not entertaining enough – never mind that the team was then in first place – and L.A.’s embarrassing failure in recent times has, and continues to highlight, the utter folly of the decision to fire him.

But with doubts surrounding the Crew, Schmid came into the 2008 campaign amid predictions of failure and with his job in jeopardy. Instead of struggling, the Crew won six of their first seven games and carried on the momentum.

“Our goal before the season was to get into the playoffs,” Schmid said. “As the season progressed, we thought we might as well try to win the Eastern Conference and get home advantage, then to win the Supporters’ Shield. But we believed early on after six or seven games that we had a team with a chance to win the MLS championship.

“It is a very special moment for me, winning in L.A. in front of family and friends and in the town I was fired in. That meant an awful lot.”

Sunday’s result made it the first time since 2002 that the team with the best regular-season record emerged as MLS champion. The key to it all has been the way Schmid has built a team around the 35-year-old Schelotto – the Argentinean soldier of fortune who is happy to live by his wits on the field.

Schelotto’s thinking is on an entirely different plane than most of the players in the league, yet Schmid got his squad to understand how to coexist with the former Boca Juniors star and to read and maximize his quick-thinking methodology.

“Guillermo has been very consistent for us. He has been there game in and game out,” Schmid said of Schelotto, who assisted on all three Columbus goals Sunday to set an MLS Cup record. “He is a player that always belongs on the field and as an individual he is the sort of person who can raise the level of those around him.”

Schmid’s contract is up this month; Schelotto’s future is also in doubt. To sign both men required foresight and initiative. To lose either without the sturdiest of fights would be nothing short of criminal.

As a franchise that failed to make the championship in each of the league’s first 12 seasons, Columbus has waited a long time for its moment in the sun. How it handles the matter of two of the league’s most influential men will dictate whether or not this is the start of a brighter future.

[sdduuuude]

CARSON, Calif. – The tear trying to escape the corner of Sigi Schmid’s eye didn’t even begin to tell the full story of the emotional maelstrom churning within the Columbus Crew head coach.

In his moment of triumph Sunday, after his Crew capped a superb season by capturing the MLS Cup thanks to a 3-1 win over the New York Red Bulls, Schmid’s professional life flashed before him.

There was joy, redemption and a sense of justice, all released at the moment Columbus captain Frankie Hejduk hoisted the Cup aloft and an explosion of streamers cascaded around the Crew players’ shoulders at Home Depot Center. Yet there was also a truly personal element to Schmid’s mindset.

Foremost in his thoughts was his wife, Valerie, who encouraged him to take the Columbus position two years ago even though it would take him thousands of miles away from the family. Throughout the season, she told her husband that the Los Angeles venue of this year’s final was fate – and that he would emerge a champion from the city in which he was disgracefully fired as coach of the Los Angeles Galaxy in 2004.

But in the early hours of Sunday morning, Valerie, who still lives in Southern California, suffered a health scare.

“It was an eventful day because I got a call from my wife at 4.30 a.m. because she was not feeling well,” said Schmid of Valerie’s gastrointestinal problem. “My son-in-law, who is a doctor, got her hooked up to an IV – they even had her hooked up in the parking lot so she could come to the game. It was all pretty emotional.”

ADVERTISEMENT

Schmid celebrated the fruits of his labor through moistened eyes, yet he went about the pursuit of a championship with the precision of an architect.

His blueprint dictates that the Crew plays more like a South American team than one typical of Major League Soccer in that they are generally content to operate by stealth instead of taking too many risks. Some unfairly call their style dull, yet just how any side including the magnificent Guillermo Barros Schelotto could ever be described as such defies belief. Then again, Schmid has rarely received the full credit he deserves, and the bitterness he feels will never fully subside.

His alleged crime with the Galaxy was that their style of soccer was not entertaining enough – never mind that the team was then in first place – and L.A.’s embarrassing failure in recent times has, and continues to highlight, the utter folly of the decision to fire him.

But with doubts surrounding the Crew, Schmid came into the 2008 campaign amid predictions of failure and with his job in jeopardy. Instead of struggling, the Crew won six of their first seven games and carried on the momentum.

“Our goal before the season was to get into the playoffs,” Schmid said. “As the season progressed, we thought we might as well try to win the Eastern Conference and get home advantage, then to win the Supporters’ Shield. But we believed early on after six or seven games that we had a team with a chance to win the MLS championship.

“It is a very special moment for me, winning in L.A. in front of family and friends and in the town I was fired in. That meant an awful lot.”

Sunday’s result made it the first time since 2002 that the team with the best regular-season record emerged as MLS champion. The key to it all has been the way Schmid has built a team around the 35-year-old Schelotto – the Argentinean soldier of fortune who is happy to live by his wits on the field.

Schelotto’s thinking is on an entirely different plane than most of the players in the league, yet Schmid got his squad to understand how to coexist with the former Boca Juniors star and to read and maximize his quick-thinking methodology.

“Guillermo has been very consistent for us. He has been there game in and game out,” Schmid said of Schelotto, who assisted on all three Columbus goals Sunday to set an MLS Cup record. “He is a player that always belongs on the field and as an individual he is the sort of person who can raise the level of those around him.”

Schmid’s contract is up this month; Schelotto’s future is also in doubt. To sign both men required foresight and initiative. To lose either without the sturdiest of fights would be nothing short of criminal.

As a franchise that failed to make the championship in each of the league’s first 12 seasons, Columbus has waited a long time for its moment in the sun. How it handles the matter of two of the league’s most influential men will dictate whether or not this is the start of a brighter future.

[sdduuuude]

CARSON, Calif. – The tear trying to escape the corner of Sigi Schmid’s eye didn’t even begin to tell the full story of the emotional maelstrom churning within the Columbus Crew head coach.

In his moment of triumph Sunday, after his Crew capped a superb season by capturing the MLS Cup thanks to a 3-1 win over the New York Red Bulls, Schmid’s professional life flashed before him.

There was joy, redemption and a sense of justice, all released at the moment Columbus captain Frankie Hejduk hoisted the Cup aloft and an explosion of streamers cascaded around the Crew players’ shoulders at Home Depot Center. Yet there was also a truly personal element to Schmid’s mindset.

Foremost in his thoughts was his wife, Valerie, who encouraged him to take the Columbus position two years ago even though it would take him thousands of miles away from the family. Throughout the season, she told her husband that the Los Angeles venue of this year’s final was fate – and that he would emerge a champion from the city in which he was disgracefully fired as coach of the Los Angeles Galaxy in 2004.

But in the early hours of Sunday morning, Valerie, who still lives in Southern California, suffered a health scare.

“It was an eventful day because I got a call from my wife at 4.30 a.m. because she was not feeling well,” said Schmid of Valerie’s gastrointestinal problem. “My son-in-law, who is a doctor, got her hooked up to an IV – they even had her hooked up in the parking lot so she could come to the game. It was all pretty emotional.”

ADVERTISEMENT

Schmid celebrated the fruits of his labor through moistened eyes, yet he went about the pursuit of a championship with the precision of an architect.

His blueprint dictates that the Crew plays more like a South American team than one typical of Major League Soccer in that they are generally content to operate by stealth instead of taking too many risks. Some unfairly call their style dull, yet just how any side including the magnificent Guillermo Barros Schelotto could ever be described as such defies belief. Then again, Schmid has rarely received the full credit he deserves, and the bitterness he feels will never fully subside.

His alleged crime with the Galaxy was that their style of soccer was not entertaining enough – never mind that the team was then in first place – and L.A.’s embarrassing failure in recent times has, and continues to highlight, the utter folly of the decision to fire him.

But with doubts surrounding the Crew, Schmid came into the 2008 campaign amid predictions of failure and with his job in jeopardy. Instead of struggling, the Crew won six of their first seven games and carried on the momentum.

“Our goal before the season was to get into the playoffs,” Schmid said. “As the season progressed, we thought we might as well try to win the Eastern Conference and get home advantage, then to win the Supporters’ Shield. But we believed early on after six or seven games that we had a team with a chance to win the MLS championship.

“It is a very special moment for me, winning in L.A. in front of family and friends and in the town I was fired in. That meant an awful lot.”

Sunday’s result made it the first time since 2002 that the team with the best regular-season record emerged as MLS champion. The key to it all has been the way Schmid has built a team around the 35-year-old Schelotto – the Argentinean soldier of fortune who is happy to live by his wits on the field.

Schelotto’s thinking is on an entirely different plane than most of the players in the league, yet Schmid got his squad to understand how to coexist with the former Boca Juniors star and to read and maximize his quick-thinking methodology.

“Guillermo has been very consistent for us. He has been there game in and game out,” Schmid said of Schelotto, who assisted on all three Columbus goals Sunday to set an MLS Cup record. “He is a player that always belongs on the field and as an individual he is the sort of person who can raise the level of those around him.”

Schmid’s contract is up this month; Schelotto’s future is also in doubt. To sign both men required foresight and initiative. To lose either without the sturdiest of fights would be nothing short of criminal.

As a franchise that failed to make the championship in each of the league’s first 12 seasons, Columbus has waited a long time for its moment in the sun. How it handles the matter of two of the league’s most influential men will dictate whether or not this is the start of a brighter future.

[sdduuuude]

CARSON, Calif. – The tear trying to escape the corner of Sigi Schmid’s eye didn’t even begin to tell the full story of the emotional maelstrom churning within the Columbus Crew head coach.

In his moment of triumph Sunday, after his Crew capped a superb season by capturing the MLS Cup thanks to a 3-1 win over the New York Red Bulls, Schmid’s professional life flashed before him.

There was joy, redemption and a sense of justice, all released at the moment Columbus captain Frankie Hejduk hoisted the Cup aloft and an explosion of streamers cascaded around the Crew players’ shoulders at Home Depot Center. Yet there was also a truly personal element to Schmid’s mindset.

Foremost in his thoughts was his wife, Valerie, who encouraged him to take the Columbus position two years ago even though it would take him thousands of miles away from the family. Throughout the season, she told her husband that the Los Angeles venue of this year’s final was fate – and that he would emerge a champion from the city in which he was disgracefully fired as coach of the Los Angeles Galaxy in 2004.

But in the early hours of Sunday morning, Valerie, who still lives in Southern California, suffered a health scare.

“It was an eventful day because I got a call from my wife at 4.30 a.m. because she was not feeling well,” said Schmid of Valerie’s gastrointestinal problem. “My son-in-law, who is a doctor, got her hooked up to an IV – they even had her hooked up in the parking lot so she could come to the game. It was all pretty emotional.”

ADVERTISEMENT

Schmid celebrated the fruits of his labor through moistened eyes, yet he went about the pursuit of a championship with the precision of an architect.

His blueprint dictates that the Crew plays more like a South American team than one typical of Major League Soccer in that they are generally content to operate by stealth instead of taking too many risks. Some unfairly call their style dull, yet just how any side including the magnificent Guillermo Barros Schelotto could ever be described as such defies belief. Then again, Schmid has rarely received the full credit he deserves, and the bitterness he feels will never fully subside.

His alleged crime with the Galaxy was that their style of soccer was not entertaining enough – never mind that the team was then in first place – and L.A.’s embarrassing failure in recent times has, and continues to highlight, the utter folly of the decision to fire him.

But with doubts surrounding the Crew, Schmid came into the 2008 campaign amid predictions of failure and with his job in jeopardy. Instead of struggling, the Crew won six of their first seven games and carried on the momentum.

“Our goal before the season was to get into the playoffs,” Schmid said. “As the season progressed, we thought we might as well try to win the Eastern Conference and get home advantage, then to win the Supporters’ Shield. But we believed early on after six or seven games that we had a team with a chance to win the MLS championship.

“It is a very special moment for me, winning in L.A. in front of family and friends and in the town I was fired in. That meant an awful lot.”

Sunday’s result made it the first time since 2002 that the team with the best regular-season record emerged as MLS champion. The key to it all has been the way Schmid has built a team around the 35-year-old Schelotto – the Argentinean soldier of fortune who is happy to live by his wits on the field.

Schelotto’s thinking is on an entirely different plane than most of the players in the league, yet Schmid got his squad to understand how to coexist with the former Boca Juniors star and to read and maximize his quick-thinking methodology.

“Guillermo has been very consistent for us. He has been there game in and game out,” Schmid said of Schelotto, who assisted on all three Columbus goals Sunday to set an MLS Cup record. “He is a player that always belongs on the field and as an individual he is the sort of person who can raise the level of those around him.”

Schmid’s contract is up this month; Schelotto’s future is also in doubt. To sign both men required foresight and initiative. To lose either without the sturdiest of fights would be nothing short of criminal.

As a franchise that failed to make the championship in each of the league’s first 12 seasons, Columbus has waited a long time for its moment in the sun. How it handles the matter of two of the league’s most influential men will dictate whether or not this is the start of a brighter future.

[sdduuuude]

CARSON, Calif. – The tear trying to escape the corner of Sigi Schmid’s eye didn’t even begin to tell the full story of the emotional maelstrom churning within the Columbus Crew head coach.

In his moment of triumph Sunday, after his Crew capped a superb season by capturing the MLS Cup thanks to a 3-1 win over the New York Red Bulls, Schmid’s professional life flashed before him.

There was joy, redemption and a sense of justice, all released at the moment Columbus captain Frankie Hejduk hoisted the Cup aloft and an explosion of streamers cascaded around the Crew players’ shoulders at Home Depot Center. Yet there was also a truly personal element to Schmid’s mindset.

Foremost in his thoughts was his wife, Valerie, who encouraged him to take the Columbus position two years ago even though it would take him thousands of miles away from the family. Throughout the season, she told her husband that the Los Angeles venue of this year’s final was fate – and that he would emerge a champion from the city in which he was disgracefully fired as coach of the Los Angeles Galaxy in 2004.

But in the early hours of Sunday morning, Valerie, who still lives in Southern California, suffered a health scare.

“It was an eventful day because I got a call from my wife at 4.30 a.m. because she was not feeling well,” said Schmid of Valerie’s gastrointestinal problem. “My son-in-law, who is a doctor, got her hooked up to an IV – they even had her hooked up in the parking lot so she could come to the game. It was all pretty emotional.”

ADVERTISEMENT

Schmid celebrated the fruits of his labor through moistened eyes, yet he went about the pursuit of a championship with the precision of an architect.

His blueprint dictates that the Crew plays more like a South American team than one typical of Major League Soccer in that they are generally content to operate by stealth instead of taking too many risks. Some unfairly call their style dull, yet just how any side including the magnificent Guillermo Barros Schelotto could ever be described as such defies belief. Then again, Schmid has rarely received the full credit he deserves, and the bitterness he feels will never fully subside.

His alleged crime with the Galaxy was that their style of soccer was not entertaining enough – never mind that the team was then in first place – and L.A.’s embarrassing failure in recent times has, and continues to highlight, the utter folly of the decision to fire him.

But with doubts surrounding the Crew, Schmid came into the 2008 campaign amid predictions of failure and with his job in jeopardy. Instead of struggling, the Crew won six of their first seven games and carried on the momentum.

“Our goal before the season was to get into the playoffs,” Schmid said. “As the season progressed, we thought we might as well try to win the Eastern Conference and get home advantage, then to win the Supporters’ Shield. But we believed early on after six or seven games that we had a team with a chance to win the MLS championship.

“It is a very special moment for me, winning in L.A. in front of family and friends and in the town I was fired in. That meant an awful lot.”

Sunday’s result made it the first time since 2002 that the team with the best regular-season record emerged as MLS champion. The key to it all has been the way Schmid has built a team around the 35-year-old Schelotto – the Argentinean soldier of fortune who is happy to live by his wits on the field.

Schelotto’s thinking is on an entirely different plane than most of the players in the league, yet Schmid got his squad to understand how to coexist with the former Boca Juniors star and to read and maximize his quick-thinking methodology.

“Guillermo has been very consistent for us. He has been there game in and game out,” Schmid said of Schelotto, who assisted on all three Columbus goals Sunday to set an MLS Cup record. “He is a player that always belongs on the field and as an individual he is the sort of person who can raise the level of those around him.”

Schmid’s contract is up this month; Schelotto’s future is also in doubt. To sign both men required foresight and initiative. To lose either without the sturdiest of fights would be nothing short of criminal.

As a franchise that failed to make the championship in each of the league’s first 12 seasons, Columbus has waited a long time for its moment in the sun. How it handles the matter of two of the league’s most influential men will dictate whether or not this is the start of a brighter future.

[sdduuuude]

[quote=sdduuuude]CARSON, Calif. – The tear trying to escape the corner of Sigi Schmid’s eye didn’t even begin to tell the full story of the emotional maelstrom churning within the Columbus Crew head coach.

In his moment of triumph Sunday, after his Crew capped a superb season by capturing the MLS Cup thanks to a 3-1 win over the New York Red Bulls, Schmid’s professional life flashed before him.

There was joy, redemption and a sense of justice, all released at the moment Columbus captain Frankie Hejduk hoisted the Cup aloft and an explosion of streamers cascaded around the Crew players’ shoulders at Home Depot Center. Yet there was also a truly personal element to Schmid’s mindset.

Foremost in his thoughts was his wife, Valerie, who encouraged him to take the Columbus position two years ago even though it would take him thousands of miles away from the family. Throughout the season, she told her husband that the Los Angeles venue of this year’s final was fate – and that he would emerge a champion from the city in which he was disgracefully fired as coach of the Los Angeles Galaxy in 2004.

But in the early hours of Sunday morning, Valerie, who still lives in Southern California, suffered a health scare.

“It was an eventful day because I got a call from my wife at 4.30 a.m. because she was not feeling well,” said Schmid of Valerie’s gastrointestinal problem. “My son-in-law, who is a doctor, got her hooked up to an IV – they even had her hooked up in the parking lot so she could come to the game. It was all pretty emotional.”

ADVERTISEMENT

Schmid celebrated the fruits of his labor through moistened eyes, yet he went about the pursuit of a championship with the precision of an architect.

His blueprint dictates that the Crew plays more like a South American team than one typical of Major League Soccer in that they are generally content to operate by stealth instead of taking too many risks. Some unfairly call their style dull, yet just how any side including the magnificent Guillermo Barros Schelotto could ever be described as such defies belief. Then again, Schmid has rarely received the full credit he deserves, and the bitterness he feels will never fully subside.

His alleged crime with the Galaxy was that their style of soccer was not entertaining enough – never mind that the team was then in first place – and L.A.’s embarrassing failure in recent times has, and continues to highlight, the utter folly of the decision to fire him.

But with doubts surrounding the Crew, Schmid came into the 2008 campaign amid predictions of failure and with his job in jeopardy. Instead of struggling, the Crew won six of their first seven games and carried on the momentum.

“Our goal before the season was to get into the playoffs,” Schmid said. “As the season progressed, we thought we might as well try to win the Eastern Conference and get home advantage, then to win the Supporters’ Shield. But we believed early on after six or seven games that we had a team with a chance to win the MLS championship.

“It is a very special moment for me, winning in L.A. in front of family and friends and in the town I was fired in. That meant an awful lot.”

Sunday’s result made it the first time since 2002 that the team with the best regular-season record emerged as MLS champion. The key to it all has been the way Schmid has built a team around the 35-year-old Schelotto – the Argentinean soldier of fortune who is happy to live by his wits on the field.

Schelotto’s thinking is on an entirely different plane than most of the players in the league, yet Schmid got his squad to understand how to coexist with the former Boca Juniors star and to read and maximize his quick-thinking methodology.

“Guillermo has been very consistent for us. He has been there game in and game out,” Schmid said of Schelotto, who assisted on all three Columbus goals Sunday to set an MLS Cup record. “He is a player that always belongs on the field and as an individual he is the sort of person who can raise the level of those around him.”

Schmid’s contract is up this month; Schelotto’s future is also in doubt. To sign both men required foresight and initiative. To lose either without the sturdiest of fights would be nothing short of criminal.

As a franchise that failed to make the championship in each of the league’s first 12 seasons, Columbus has waited a long time for its moment in the sun. How it handles the matter of two of the league’s most influential men will dictate whether or not this is the start of a brighter future.

[/quote]

JOHANNESBURG, South Africa (AP)—The United States will open the final round of regional qualifiers for the 2010 World Cup at home against Mexico and finish its run against Costa Rica.

The other three teams in CONCACAF’S qualifying tournament, played between February and October, are El Salvador, Honduras and Trinidad and Tobago.

The top three advance to the 2010 World Cup in South Africa, and the No. 4 team meets South America’s fifth-place nation in a home-and-home playoff for another berth.

U.S. coach Bob Bradley was upbeat after Saturday’s draw. The low-key event was conducted a few hours ahead of FIFA’s draw for next year’s Confederations Cup, widely seen as a warmup to the World Cup.

“The expectation is always that the last round will be very competitive and certainly when you look at this schedule, opening at home with Mexico and finishing at home with Costa Rica, it’s a good test.”

The United States and Costa Rica had easy passage to the final qualifying round. Mexico, guided by former England coach Sven-Goran Eriksson, struggled on the road and gained its only points with a tie against lowly Canada.

“It’s just the proof that all around the world qualifying is competitive,” Bradley said. “Especially when you play games on the road, you take nothing for granted. We have a great deal of respect for Mexico. They have a very good team.”

For the Confederations Cup, the U.S. was drawn with World Cup champion Italy, Brazil and Egypt in one group. European champion Spain joins New Zealand, Iraq and South Africa in the other.

Host South Africa, the lowest-seeded entry in the easier group, avoids Brazil and one of the two European teams. South Africa opens the two-week tournament against Iraq on June 14.

Bradley welcomed the chance to play in South Africa ahead of the World Cup despite being drawn in a difficult group. The U.S. defeated Mexico to advance to the Confederations Cup.

“It’s a very strong group,” Bradley said. “We know we will be tested a great deal but we are excited abut the prospect of playing these great teams.”

The Iraqi team recently resumed training at home since the U.S. invasion in 2003. Iraq has not played a home game in nearly two decades because of wars and sanctions.

Since the invasion, the national squad has been training mostly in neighboring Jordan, Qatar and United Arab Emirates. But the team brought jubilation in the war-torn country by winning the Asian Cup last year.

“We now have to prove to all of you what we can do,” said Jorvan Viera, the country’s Brazilian coach.

South Africa will try to show its recent improvement is no fluke. After elimination from next year’s African Cup, it has won its four most recent games.

“It is true that at the beginning we did have some turbulence,” South Africa coach Joel Santana said. “But we believe we are on the right road.”

[sdduuuude]

[quote=sdduuuude]CARSON, Calif. – The tear trying to escape the corner of Sigi Schmid’s eye didn’t even begin to tell the full story of the emotional maelstrom churning within the Columbus Crew head coach.

In his moment of triumph Sunday, after his Crew capped a superb season by capturing the MLS Cup thanks to a 3-1 win over the New York Red Bulls, Schmid’s professional life flashed before him.

There was joy, redemption and a sense of justice, all released at the moment Columbus captain Frankie Hejduk hoisted the Cup aloft and an explosion of streamers cascaded around the Crew players’ shoulders at Home Depot Center. Yet there was also a truly personal element to Schmid’s mindset.

Foremost in his thoughts was his wife, Valerie, who encouraged him to take the Columbus position two years ago even though it would take him thousands of miles away from the family. Throughout the season, she told her husband that the Los Angeles venue of this year’s final was fate – and that he would emerge a champion from the city in which he was disgracefully fired as coach of the Los Angeles Galaxy in 2004.

But in the early hours of Sunday morning, Valerie, who still lives in Southern California, suffered a health scare.

“It was an eventful day because I got a call from my wife at 4.30 a.m. because she was not feeling well,” said Schmid of Valerie’s gastrointestinal problem. “My son-in-law, who is a doctor, got her hooked up to an IV – they even had her hooked up in the parking lot so she could come to the game. It was all pretty emotional.”

ADVERTISEMENT

Schmid celebrated the fruits of his labor through moistened eyes, yet he went about the pursuit of a championship with the precision of an architect.

His blueprint dictates that the Crew plays more like a South American team than one typical of Major League Soccer in that they are generally content to operate by stealth instead of taking too many risks. Some unfairly call their style dull, yet just how any side including the magnificent Guillermo Barros Schelotto could ever be described as such defies belief. Then again, Schmid has rarely received the full credit he deserves, and the bitterness he feels will never fully subside.

His alleged crime with the Galaxy was that their style of soccer was not entertaining enough – never mind that the team was then in first place – and L.A.’s embarrassing failure in recent times has, and continues to highlight, the utter folly of the decision to fire him.

But with doubts surrounding the Crew, Schmid came into the 2008 campaign amid predictions of failure and with his job in jeopardy. Instead of struggling, the Crew won six of their first seven games and carried on the momentum.

“Our goal before the season was to get into the playoffs,” Schmid said. “As the season progressed, we thought we might as well try to win the Eastern Conference and get home advantage, then to win the Supporters’ Shield. But we believed early on after six or seven games that we had a team with a chance to win the MLS championship.

“It is a very special moment for me, winning in L.A. in front of family and friends and in the town I was fired in. That meant an awful lot.”

Sunday’s result made it the first time since 2002 that the team with the best regular-season record emerged as MLS champion. The key to it all has been the way Schmid has built a team around the 35-year-old Schelotto – the Argentinean soldier of fortune who is happy to live by his wits on the field.

Schelotto’s thinking is on an entirely different plane than most of the players in the league, yet Schmid got his squad to understand how to coexist with the former Boca Juniors star and to read and maximize his quick-thinking methodology.

“Guillermo has been very consistent for us. He has been there game in and game out,” Schmid said of Schelotto, who assisted on all three Columbus goals Sunday to set an MLS Cup record. “He is a player that always belongs on the field and as an individual he is the sort of person who can raise the level of those around him.”

Schmid’s contract is up this month; Schelotto’s future is also in doubt. To sign both men required foresight and initiative. To lose either without the sturdiest of fights would be nothing short of criminal.

As a franchise that failed to make the championship in each of the league’s first 12 seasons, Columbus has waited a long time for its moment in the sun. How it handles the matter of two of the league’s most influential men will dictate whether or not this is the start of a brighter future.

[/quote]

JOHANNESBURG, South Africa (AP)—The United States will open the final round of regional qualifiers for the 2010 World Cup at home against Mexico and finish its run against Costa Rica.

The other three teams in CONCACAF’S qualifying tournament, played between February and October, are El Salvador, Honduras and Trinidad and Tobago.

The top three advance to the 2010 World Cup in South Africa, and the No. 4 team meets South America’s fifth-place nation in a home-and-home playoff for another berth.

U.S. coach Bob Bradley was upbeat after Saturday’s draw. The low-key event was conducted a few hours ahead of FIFA’s draw for next year’s Confederations Cup, widely seen as a warmup to the World Cup.

“The expectation is always that the last round will be very competitive and certainly when you look at this schedule, opening at home with Mexico and finishing at home with Costa Rica, it’s a good test.”

The United States and Costa Rica had easy passage to the final qualifying round. Mexico, guided by former England coach Sven-Goran Eriksson, struggled on the road and gained its only points with a tie against lowly Canada.

“It’s just the proof that all around the world qualifying is competitive,” Bradley said. “Especially when you play games on the road, you take nothing for granted. We have a great deal of respect for Mexico. They have a very good team.”

For the Confederations Cup, the U.S. was drawn with World Cup champion Italy, Brazil and Egypt in one group. European champion Spain joins New Zealand, Iraq and South Africa in the other.

Host South Africa, the lowest-seeded entry in the easier group, avoids Brazil and one of the two European teams. South Africa opens the two-week tournament against Iraq on June 14.

Bradley welcomed the chance to play in South Africa ahead of the World Cup despite being drawn in a difficult group. The U.S. defeated Mexico to advance to the Confederations Cup.

“It’s a very strong group,” Bradley said. “We know we will be tested a great deal but we are excited abut the prospect of playing these great teams.”

The Iraqi team recently resumed training at home since the U.S. invasion in 2003. Iraq has not played a home game in nearly two decades because of wars and sanctions.

Since the invasion, the national squad has been training mostly in neighboring Jordan, Qatar and United Arab Emirates. But the team brought jubilation in the war-torn country by winning the Asian Cup last year.

“We now have to prove to all of you what we can do,” said Jorvan Viera, the country’s Brazilian coach.

South Africa will try to show its recent improvement is no fluke. After elimination from next year’s African Cup, it has won its four most recent games.

“It is true that at the beginning we did have some turbulence,” South Africa coach Joel Santana said. “But we believe we are on the right road.”

[sdduuuude]

[quote=sdduuuude]CARSON, Calif. – The tear trying to escape the corner of Sigi Schmid’s eye didn’t even begin to tell the full story of the emotional maelstrom churning within the Columbus Crew head coach.

In his moment of triumph Sunday, after his Crew capped a superb season by capturing the MLS Cup thanks to a 3-1 win over the New York Red Bulls, Schmid’s professional life flashed before him.

There was joy, redemption and a sense of justice, all released at the moment Columbus captain Frankie Hejduk hoisted the Cup aloft and an explosion of streamers cascaded around the Crew players’ shoulders at Home Depot Center. Yet there was also a truly personal element to Schmid’s mindset.

Foremost in his thoughts was his wife, Valerie, who encouraged him to take the Columbus position two years ago even though it would take him thousands of miles away from the family. Throughout the season, she told her husband that the Los Angeles venue of this year’s final was fate – and that he would emerge a champion from the city in which he was disgracefully fired as coach of the Los Angeles Galaxy in 2004.

But in the early hours of Sunday morning, Valerie, who still lives in Southern California, suffered a health scare.

“It was an eventful day because I got a call from my wife at 4.30 a.m. because she was not feeling well,” said Schmid of Valerie’s gastrointestinal problem. “My son-in-law, who is a doctor, got her hooked up to an IV – they even had her hooked up in the parking lot so she could come to the game. It was all pretty emotional.”

ADVERTISEMENT

Schmid celebrated the fruits of his labor through moistened eyes, yet he went about the pursuit of a championship with the precision of an architect.

His blueprint dictates that the Crew plays more like a South American team than one typical of Major League Soccer in that they are generally content to operate by stealth instead of taking too many risks. Some unfairly call their style dull, yet just how any side including the magnificent Guillermo Barros Schelotto could ever be described as such defies belief. Then again, Schmid has rarely received the full credit he deserves, and the bitterness he feels will never fully subside.

His alleged crime with the Galaxy was that their style of soccer was not entertaining enough – never mind that the team was then in first place – and L.A.’s embarrassing failure in recent times has, and continues to highlight, the utter folly of the decision to fire him.

But with doubts surrounding the Crew, Schmid came into the 2008 campaign amid predictions of failure and with his job in jeopardy. Instead of struggling, the Crew won six of their first seven games and carried on the momentum.

“Our goal before the season was to get into the playoffs,” Schmid said. “As the season progressed, we thought we might as well try to win the Eastern Conference and get home advantage, then to win the Supporters’ Shield. But we believed early on after six or seven games that we had a team with a chance to win the MLS championship.

“It is a very special moment for me, winning in L.A. in front of family and friends and in the town I was fired in. That meant an awful lot.”

Sunday’s result made it the first time since 2002 that the team with the best regular-season record emerged as MLS champion. The key to it all has been the way Schmid has built a team around the 35-year-old Schelotto – the Argentinean soldier of fortune who is happy to live by his wits on the field.

Schelotto’s thinking is on an entirely different plane than most of the players in the league, yet Schmid got his squad to understand how to coexist with the former Boca Juniors star and to read and maximize his quick-thinking methodology.

“Guillermo has been very consistent for us. He has been there game in and game out,” Schmid said of Schelotto, who assisted on all three Columbus goals Sunday to set an MLS Cup record. “He is a player that always belongs on the field and as an individual he is the sort of person who can raise the level of those around him.”

Schmid’s contract is up this month; Schelotto’s future is also in doubt. To sign both men required foresight and initiative. To lose either without the sturdiest of fights would be nothing short of criminal.

As a franchise that failed to make the championship in each of the league’s first 12 seasons, Columbus has waited a long time for its moment in the sun. How it handles the matter of two of the league’s most influential men will dictate whether or not this is the start of a brighter future.

[/quote]

JOHANNESBURG, South Africa (AP)—The United States will open the final round of regional qualifiers for the 2010 World Cup at home against Mexico and finish its run against Costa Rica.

The other three teams in CONCACAF’S qualifying tournament, played between February and October, are El Salvador, Honduras and Trinidad and Tobago.

The top three advance to the 2010 World Cup in South Africa, and the No. 4 team meets South America’s fifth-place nation in a home-and-home playoff for another berth.

U.S. coach Bob Bradley was upbeat after Saturday’s draw. The low-key event was conducted a few hours ahead of FIFA’s draw for next year’s Confederations Cup, widely seen as a warmup to the World Cup.

“The expectation is always that the last round will be very competitive and certainly when you look at this schedule, opening at home with Mexico and finishing at home with Costa Rica, it’s a good test.”

The United States and Costa Rica had easy passage to the final qualifying round. Mexico, guided by former England coach Sven-Goran Eriksson, struggled on the road and gained its only points with a tie against lowly Canada.

“It’s just the proof that all around the world qualifying is competitive,” Bradley said. “Especially when you play games on the road, you take nothing for granted. We have a great deal of respect for Mexico. They have a very good team.”

For the Confederations Cup, the U.S. was drawn with World Cup champion Italy, Brazil and Egypt in one group. European champion Spain joins New Zealand, Iraq and South Africa in the other.

Host South Africa, the lowest-seeded entry in the easier group, avoids Brazil and one of the two European teams. South Africa opens the two-week tournament against Iraq on June 14.

Bradley welcomed the chance to play in South Africa ahead of the World Cup despite being drawn in a difficult group. The U.S. defeated Mexico to advance to the Confederations Cup.

“It’s a very strong group,” Bradley said. “We know we will be tested a great deal but we are excited abut the prospect of playing these great teams.”

The Iraqi team recently resumed training at home since the U.S. invasion in 2003. Iraq has not played a home game in nearly two decades because of wars and sanctions.

Since the invasion, the national squad has been training mostly in neighboring Jordan, Qatar and United Arab Emirates. But the team brought jubilation in the war-torn country by winning the Asian Cup last year.

“We now have to prove to all of you what we can do,” said Jorvan Viera, the country’s Brazilian coach.

South Africa will try to show its recent improvement is no fluke. After elimination from next year’s African Cup, it has won its four most recent games.

“It is true that at the beginning we did have some turbulence,” South Africa coach Joel Santana said. “But we believe we are on the right road.”

[sdduuuude]

[quote=sdduuuude]CARSON, Calif. – The tear trying to escape the corner of Sigi Schmid’s eye didn’t even begin to tell the full story of the emotional maelstrom churning within the Columbus Crew head coach.

In his moment of triumph Sunday, after his Crew capped a superb season by capturing the MLS Cup thanks to a 3-1 win over the New York Red Bulls, Schmid’s professional life flashed before him.

There was joy, redemption and a sense of justice, all released at the moment Columbus captain Frankie Hejduk hoisted the Cup aloft and an explosion of streamers cascaded around the Crew players’ shoulders at Home Depot Center. Yet there was also a truly personal element to Schmid’s mindset.

Foremost in his thoughts was his wife, Valerie, who encouraged him to take the Columbus position two years ago even though it would take him thousands of miles away from the family. Throughout the season, she told her husband that the Los Angeles venue of this year’s final was fate – and that he would emerge a champion from the city in which he was disgracefully fired as coach of the Los Angeles Galaxy in 2004.

But in the early hours of Sunday morning, Valerie, who still lives in Southern California, suffered a health scare.

“It was an eventful day because I got a call from my wife at 4.30 a.m. because she was not feeling well,” said Schmid of Valerie’s gastrointestinal problem. “My son-in-law, who is a doctor, got her hooked up to an IV – they even had her hooked up in the parking lot so she could come to the game. It was all pretty emotional.”

ADVERTISEMENT

Schmid celebrated the fruits of his labor through moistened eyes, yet he went about the pursuit of a championship with the precision of an architect.

His blueprint dictates that the Crew plays more like a South American team than one typical of Major League Soccer in that they are generally content to operate by stealth instead of taking too many risks. Some unfairly call their style dull, yet just how any side including the magnificent Guillermo Barros Schelotto could ever be described as such defies belief. Then again, Schmid has rarely received the full credit he deserves, and the bitterness he feels will never fully subside.

His alleged crime with the Galaxy was that their style of soccer was not entertaining enough – never mind that the team was then in first place – and L.A.’s embarrassing failure in recent times has, and continues to highlight, the utter folly of the decision to fire him.

But with doubts surrounding the Crew, Schmid came into the 2008 campaign amid predictions of failure and with his job in jeopardy. Instead of struggling, the Crew won six of their first seven games and carried on the momentum.

“Our goal before the season was to get into the playoffs,” Schmid said. “As the season progressed, we thought we might as well try to win the Eastern Conference and get home advantage, then to win the Supporters’ Shield. But we believed early on after six or seven games that we had a team with a chance to win the MLS championship.

“It is a very special moment for me, winning in L.A. in front of family and friends and in the town I was fired in. That meant an awful lot.”

Sunday’s result made it the first time since 2002 that the team with the best regular-season record emerged as MLS champion. The key to it all has been the way Schmid has built a team around the 35-year-old Schelotto – the Argentinean soldier of fortune who is happy to live by his wits on the field.

Schelotto’s thinking is on an entirely different plane than most of the players in the league, yet Schmid got his squad to understand how to coexist with the former Boca Juniors star and to read and maximize his quick-thinking methodology.

“Guillermo has been very consistent for us. He has been there game in and game out,” Schmid said of Schelotto, who assisted on all three Columbus goals Sunday to set an MLS Cup record. “He is a player that always belongs on the field and as an individual he is the sort of person who can raise the level of those around him.”

Schmid’s contract is up this month; Schelotto’s future is also in doubt. To sign both men required foresight and initiative. To lose either without the sturdiest of fights would be nothing short of criminal.

As a franchise that failed to make the championship in each of the league’s first 12 seasons, Columbus has waited a long time for its moment in the sun. How it handles the matter of two of the league’s most influential men will dictate whether or not this is the start of a brighter future.

[/quote]

JOHANNESBURG, South Africa (AP)—The United States will open the final round of regional qualifiers for the 2010 World Cup at home against Mexico and finish its run against Costa Rica.

The other three teams in CONCACAF’S qualifying tournament, played between February and October, are El Salvador, Honduras and Trinidad and Tobago.

The top three advance to the 2010 World Cup in South Africa, and the No. 4 team meets South America’s fifth-place nation in a home-and-home playoff for another berth.

U.S. coach Bob Bradley was upbeat after Saturday’s draw. The low-key event was conducted a few hours ahead of FIFA’s draw for next year’s Confederations Cup, widely seen as a warmup to the World Cup.

“The expectation is always that the last round will be very competitive and certainly when you look at this schedule, opening at home with Mexico and finishing at home with Costa Rica, it’s a good test.”

The United States and Costa Rica had easy passage to the final qualifying round. Mexico, guided by former England coach Sven-Goran Eriksson, struggled on the road and gained its only points with a tie against lowly Canada.

“It’s just the proof that all around the world qualifying is competitive,” Bradley said. “Especially when you play games on the road, you take nothing for granted. We have a great deal of respect for Mexico. They have a very good team.”

For the Confederations Cup, the U.S. was drawn with World Cup champion Italy, Brazil and Egypt in one group. European champion Spain joins New Zealand, Iraq and South Africa in the other.

Host South Africa, the lowest-seeded entry in the easier group, avoids Brazil and one of the two European teams. South Africa opens the two-week tournament against Iraq on June 14.

Bradley welcomed the chance to play in South Africa ahead of the World Cup despite being drawn in a difficult group. The U.S. defeated Mexico to advance to the Confederations Cup.

“It’s a very strong group,” Bradley said. “We know we will be tested a great deal but we are excited abut the prospect of playing these great teams.”

The Iraqi team recently resumed training at home since the U.S. invasion in 2003. Iraq has not played a home game in nearly two decades because of wars and sanctions.

Since the invasion, the national squad has been training mostly in neighboring Jordan, Qatar and United Arab Emirates. But the team brought jubilation in the war-torn country by winning the Asian Cup last year.

“We now have to prove to all of you what we can do,” said Jorvan Viera, the country’s Brazilian coach.

South Africa will try to show its recent improvement is no fluke. After elimination from next year’s African Cup, it has won its four most recent games.

“It is true that at the beginning we did have some turbulence,” South Africa coach Joel Santana said. “But we believe we are on the right road.”

[sdduuuude]

[quote=sdduuuude]CARSON, Calif. – The tear trying to escape the corner of Sigi Schmid’s eye didn’t even begin to tell the full story of the emotional maelstrom churning within the Columbus Crew head coach.

In his moment of triumph Sunday, after his Crew capped a superb season by capturing the MLS Cup thanks to a 3-1 win over the New York Red Bulls, Schmid’s professional life flashed before him.

There was joy, redemption and a sense of justice, all released at the moment Columbus captain Frankie Hejduk hoisted the Cup aloft and an explosion of streamers cascaded around the Crew players’ shoulders at Home Depot Center. Yet there was also a truly personal element to Schmid’s mindset.

Foremost in his thoughts was his wife, Valerie, who encouraged him to take the Columbus position two years ago even though it would take him thousands of miles away from the family. Throughout the season, she told her husband that the Los Angeles venue of this year’s final was fate – and that he would emerge a champion from the city in which he was disgracefully fired as coach of the Los Angeles Galaxy in 2004.

But in the early hours of Sunday morning, Valerie, who still lives in Southern California, suffered a health scare.

“It was an eventful day because I got a call from my wife at 4.30 a.m. because she was not feeling well,” said Schmid of Valerie’s gastrointestinal problem. “My son-in-law, who is a doctor, got her hooked up to an IV – they even had her hooked up in the parking lot so she could come to the game. It was all pretty emotional.”

ADVERTISEMENT

Schmid celebrated the fruits of his labor through moistened eyes, yet he went about the pursuit of a championship with the precision of an architect.

His blueprint dictates that the Crew plays more like a South American team than one typical of Major League Soccer in that they are generally content to operate by stealth instead of taking too many risks. Some unfairly call their style dull, yet just how any side including the magnificent Guillermo Barros Schelotto could ever be described as such defies belief. Then again, Schmid has rarely received the full credit he deserves, and the bitterness he feels will never fully subside.

His alleged crime with the Galaxy was that their style of soccer was not entertaining enough – never mind that the team was then in first place – and L.A.’s embarrassing failure in recent times has, and continues to highlight, the utter folly of the decision to fire him.

But with doubts surrounding the Crew, Schmid came into the 2008 campaign amid predictions of failure and with his job in jeopardy. Instead of struggling, the Crew won six of their first seven games and carried on the momentum.

“Our goal before the season was to get into the playoffs,” Schmid said. “As the season progressed, we thought we might as well try to win the Eastern Conference and get home advantage, then to win the Supporters’ Shield. But we believed early on after six or seven games that we had a team with a chance to win the MLS championship.

“It is a very special moment for me, winning in L.A. in front of family and friends and in the town I was fired in. That meant an awful lot.”

Sunday’s result made it the first time since 2002 that the team with the best regular-season record emerged as MLS champion. The key to it all has been the way Schmid has built a team around the 35-year-old Schelotto – the Argentinean soldier of fortune who is happy to live by his wits on the field.

Schelotto’s thinking is on an entirely different plane than most of the players in the league, yet Schmid got his squad to understand how to coexist with the former Boca Juniors star and to read and maximize his quick-thinking methodology.

“Guillermo has been very consistent for us. He has been there game in and game out,” Schmid said of Schelotto, who assisted on all three Columbus goals Sunday to set an MLS Cup record. “He is a player that always belongs on the field and as an individual he is the sort of person who can raise the level of those around him.”

Schmid’s contract is up this month; Schelotto’s future is also in doubt. To sign both men required foresight and initiative. To lose either without the sturdiest of fights would be nothing short of criminal.

As a franchise that failed to make the championship in each of the league’s first 12 seasons, Columbus has waited a long time for its moment in the sun. How it handles the matter of two of the league’s most influential men will dictate whether or not this is the start of a brighter future.

[/quote]

JOHANNESBURG, South Africa (AP)—The United States will open the final round of regional qualifiers for the 2010 World Cup at home against Mexico and finish its run against Costa Rica.

The other three teams in CONCACAF’S qualifying tournament, played between February and October, are El Salvador, Honduras and Trinidad and Tobago.

The top three advance to the 2010 World Cup in South Africa, and the No. 4 team meets South America’s fifth-place nation in a home-and-home playoff for another berth.

U.S. coach Bob Bradley was upbeat after Saturday’s draw. The low-key event was conducted a few hours ahead of FIFA’s draw for next year’s Confederations Cup, widely seen as a warmup to the World Cup.

“The expectation is always that the last round will be very competitive and certainly when you look at this schedule, opening at home with Mexico and finishing at home with Costa Rica, it’s a good test.”

The United States and Costa Rica had easy passage to the final qualifying round. Mexico, guided by former England coach Sven-Goran Eriksson, struggled on the road and gained its only points with a tie against lowly Canada.

“It’s just the proof that all around the world qualifying is competitive,” Bradley said. “Especially when you play games on the road, you take nothing for granted. We have a great deal of respect for Mexico. They have a very good team.”

For the Confederations Cup, the U.S. was drawn with World Cup champion Italy, Brazil and Egypt in one group. European champion Spain joins New Zealand, Iraq and South Africa in the other.

Host South Africa, the lowest-seeded entry in the easier group, avoids Brazil and one of the two European teams. South Africa opens the two-week tournament against Iraq on June 14.

Bradley welcomed the chance to play in South Africa ahead of the World Cup despite being drawn in a difficult group. The U.S. defeated Mexico to advance to the Confederations Cup.

“It’s a very strong group,” Bradley said. “We know we will be tested a great deal but we are excited abut the prospect of playing these great teams.”

The Iraqi team recently resumed training at home since the U.S. invasion in 2003. Iraq has not played a home game in nearly two decades because of wars and sanctions.

Since the invasion, the national squad has been training mostly in neighboring Jordan, Qatar and United Arab Emirates. But the team brought jubilation in the war-torn country by winning the Asian Cup last year.

“We now have to prove to all of you what we can do,” said Jorvan Viera, the country’s Brazilian coach.

South Africa will try to show its recent improvement is no fluke. After elimination from next year’s African Cup, it has won its four most recent games.

“It is true that at the beginning we did have some turbulence,” South Africa coach Joel Santana said. “But we believe we are on the right road.”

[partypup]

[quote=TheBreeze]Holy Jesus! Obama speaks about the economy and the market responds as if supercharged on hope and change. What an incredible, incredible gain. At one time the DOW as up almost 600 points — all on the words of an incredibly intelligent, great man.

The market is in awe (as am I) of Obama’s tremendous grasp of economic policy. [/quote]

Oh, good grief Breeze! “Supercharged on hope and change”? Really, you need to cut down on the Kool Aid 😉 Were you actually watching the market as Obama delivered his speech?? Here’s what really happened: the market rallied hard on the news of the Citi bailout and was up 314 points when Obama took the podium. Then he starts mumbling about Main Street and a stimulus package, and the market goes sideways, then slowly starts to trickle south. Then the real fun started during the Q & A. Obama refused to specify the amount of the *sizeable* stimulus package. The market went down 40 points. And THEN someone asked Obama if he still planned to raise taxes on the wealthy (read: 350K+), and Obama effectively said that he intended to do just that. And then the market dropped to a 220 point rally.

So in the 20 minutes that Obama was actually before the camera, the Dow actually lost 100 points! It actually dropped as much as 150 points 2/3 of the way through his press conference!

Later, after Obama’s conference ended, the Dow began to shake him off and slowly rise again. Seriously, the traders/CNBC pundits/hacks were not impressed, Breeze. The market was expecting more. That the Dow managed to close up as high as it did had nothing to do with Obama’s address and everything to do with the futile Citi bailout, which we all know will only lead to another round of profit-taking tomorrow. Only a fool would think this rally has legs longer than a centipede’s.

Here’s one of my favorite exchanges after the conference:

Melissa Francis (CNBC): “Was it just me, or did [Obama] seem a little more quiet and inspiring less confidence…?”

Michelle Cabruso-Cabrero: “You mean less ‘presidential’?”

Melissa: “Well, I wasn’t going to say that…”

The market is not in awe of Obama’s “tremendous grasp of economic policy”, as you seem to be. The market was wondering, “Where’s the beef…?” and “Are you seriously going to tax the bejeesus out of us??” Seriously, this kind of delusion helps to explains how you fell so hard for the Emperor with no clothes. I am genuinely and sincerely worried that your plunge to earth when Obama inevitably disappoints you is going to be spirit-crushing. It’s very sad to watch, actually.

Anyhoo, next time, be sure to check in throughout the day and while Obama is actually speaking — not just at market close.

But hey, don’t take my word for it. Check out the Washington Post:

“Obama Rolls Out Econ Team, Dings Dow Rally”

http://voices.washingtonpost.com/economy-watch/2008/11/obama_rolls_out_econ_team_ding.html

[partypup]

[quote=TheBreeze]Holy Jesus! Obama speaks about the economy and the market responds as if supercharged on hope and change. What an incredible, incredible gain. At one time the DOW as up almost 600 points — all on the words of an incredibly intelligent, great man.

The market is in awe (as am I) of Obama’s tremendous grasp of economic policy. [/quote]

Oh, good grief Breeze! “Supercharged on hope and change”? Really, you need to cut down on the Kool Aid 😉 Were you actually watching the market as Obama delivered his speech?? Here’s what really happened: the market rallied hard on the news of the Citi bailout and was up 314 points when Obama took the podium. Then he starts mumbling about Main Street and a stimulus package, and the market goes sideways, then slowly starts to trickle south. Then the real fun started during the Q & A. Obama refused to specify the amount of the *sizeable* stimulus package. The market went down 40 points. And THEN someone asked Obama if he still planned to raise taxes on the wealthy (read: 350K+), and Obama effectively said that he intended to do just that. And then the market dropped to a 220 point rally.

So in the 20 minutes that Obama was actually before the camera, the Dow actually lost 100 points! It actually dropped as much as 150 points 2/3 of the way through his press conference!

Later, after Obama’s conference ended, the Dow began to shake him off and slowly rise again. Seriously, the traders/CNBC pundits/hacks were not impressed, Breeze. The market was expecting more. That the Dow managed to close up as high as it did had nothing to do with Obama’s address and everything to do with the futile Citi bailout, which we all know will only lead to another round of profit-taking tomorrow. Only a fool would think this rally has legs longer than a centipede’s.

Here’s one of my favorite exchanges after the conference:

Melissa Francis (CNBC): “Was it just me, or did [Obama] seem a little more quiet and inspiring less confidence…?”

Michelle Cabruso-Cabrero: “You mean less ‘presidential’?”

Melissa: “Well, I wasn’t going to say that…”

The market is not in awe of Obama’s “tremendous grasp of economic policy”, as you seem to be. The market was wondering, “Where’s the beef…?” and “Are you seriously going to tax the bejeesus out of us??” Seriously, this kind of delusion helps to explains how you fell so hard for the Emperor with no clothes. I am genuinely and sincerely worried that your plunge to earth when Obama inevitably disappoints you is going to be spirit-crushing. It’s very sad to watch, actually.

Anyhoo, next time, be sure to check in throughout the day and while Obama is actually speaking — not just at market close.

But hey, don’t take my word for it. Check out the Washington Post:

“Obama Rolls Out Econ Team, Dings Dow Rally”

http://voices.washingtonpost.com/economy-watch/2008/11/obama_rolls_out_econ_team_ding.html

[partypup]

[quote=TheBreeze]Holy Jesus! Obama speaks about the economy and the market responds as if supercharged on hope and change. What an incredible, incredible gain. At one time the DOW as up almost 600 points — all on the words of an incredibly intelligent, great man.

The market is in awe (as am I) of Obama’s tremendous grasp of economic policy. [/quote]

Oh, good grief Breeze! “Supercharged on hope and change”? Really, you need to cut down on the Kool Aid 😉 Were you actually watching the market as Obama delivered his speech?? Here’s what really happened: the market rallied hard on the news of the Citi bailout and was up 314 points when Obama took the podium. Then he starts mumbling about Main Street and a stimulus package, and the market goes sideways, then slowly starts to trickle south. Then the real fun started during the Q & A. Obama refused to specify the amount of the *sizeable* stimulus package. The market went down 40 points. And THEN someone asked Obama if he still planned to raise taxes on the wealthy (read: 350K+), and Obama effectively said that he intended to do just that. And then the market dropped to a 220 point rally.

So in the 20 minutes that Obama was actually before the camera, the Dow actually lost 100 points! It actually dropped as much as 150 points 2/3 of the way through his press conference!

Later, after Obama’s conference ended, the Dow began to shake him off and slowly rise again. Seriously, the traders/CNBC pundits/hacks were not impressed, Breeze. The market was expecting more. That the Dow managed to close up as high as it did had nothing to do with Obama’s address and everything to do with the futile Citi bailout, which we all know will only lead to another round of profit-taking tomorrow. Only a fool would think this rally has legs longer than a centipede’s.

Here’s one of my favorite exchanges after the conference:

Melissa Francis (CNBC): “Was it just me, or did [Obama] seem a little more quiet and inspiring less confidence…?”

Michelle Cabruso-Cabrero: “You mean less ‘presidential’?”

Melissa: “Well, I wasn’t going to say that…”

The market is not in awe of Obama’s “tremendous grasp of economic policy”, as you seem to be. The market was wondering, “Where’s the beef…?” and “Are you seriously going to tax the bejeesus out of us??” Seriously, this kind of delusion helps to explains how you fell so hard for the Emperor with no clothes. I am genuinely and sincerely worried that your plunge to earth when Obama inevitably disappoints you is going to be spirit-crushing. It’s very sad to watch, actually.

Anyhoo, next time, be sure to check in throughout the day and while Obama is actually speaking — not just at market close.

But hey, don’t take my word for it. Check out the Washington Post:

“Obama Rolls Out Econ Team, Dings Dow Rally”

http://voices.washingtonpost.com/economy-watch/2008/11/obama_rolls_out_econ_team_ding.html

[partypup]

[quote=TheBreeze]Holy Jesus! Obama speaks about the economy and the market responds as if supercharged on hope and change. What an incredible, incredible gain. At one time the DOW as up almost 600 points — all on the words of an incredibly intelligent, great man.

The market is in awe (as am I) of Obama’s tremendous grasp of economic policy. [/quote]

Oh, good grief Breeze! “Supercharged on hope and change”? Really, you need to cut down on the Kool Aid 😉 Were you actually watching the market as Obama delivered his speech?? Here’s what really happened: the market rallied hard on the news of the Citi bailout and was up 314 points when Obama took the podium. Then he starts mumbling about Main Street and a stimulus package, and the market goes sideways, then slowly starts to trickle south. Then the real fun started during the Q & A. Obama refused to specify the amount of the *sizeable* stimulus package. The market went down 40 points. And THEN someone asked Obama if he still planned to raise taxes on the wealthy (read: 350K+), and Obama effectively said that he intended to do just that. And then the market dropped to a 220 point rally.

So in the 20 minutes that Obama was actually before the camera, the Dow actually lost 100 points! It actually dropped as much as 150 points 2/3 of the way through his press conference!

Later, after Obama’s conference ended, the Dow began to shake him off and slowly rise again. Seriously, the traders/CNBC pundits/hacks were not impressed, Breeze. The market was expecting more. That the Dow managed to close up as high as it did had nothing to do with Obama’s address and everything to do with the futile Citi bailout, which we all know will only lead to another round of profit-taking tomorrow. Only a fool would think this rally has legs longer than a centipede’s.

Here’s one of my favorite exchanges after the conference:

Melissa Francis (CNBC): “Was it just me, or did [Obama] seem a little more quiet and inspiring less confidence…?”

Michelle Cabruso-Cabrero: “You mean less ‘presidential’?”

Melissa: “Well, I wasn’t going to say that…”

The market is not in awe of Obama’s “tremendous grasp of economic policy”, as you seem to be. The market was wondering, “Where’s the beef…?” and “Are you seriously going to tax the bejeesus out of us??” Seriously, this kind of delusion helps to explains how you fell so hard for the Emperor with no clothes. I am genuinely and sincerely worried that your plunge to earth when Obama inevitably disappoints you is going to be spirit-crushing. It’s very sad to watch, actually.

Anyhoo, next time, be sure to check in throughout the day and while Obama is actually speaking — not just at market close.

But hey, don’t take my word for it. Check out the Washington Post:

“Obama Rolls Out Econ Team, Dings Dow Rally”

http://voices.washingtonpost.com/economy-watch/2008/11/obama_rolls_out_econ_team_ding.html

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