Friday was better than Thursday. I'm glad of that. The Ambac shares turned green amid a vast sea of red. That helped. The market was astonishingly volatile. Downright chaotic. It opened low, climbed to surprising heights, bottomed out (generously allowing me to buy more shares and average down my second account like I did with the same shares in the other account), and then it shot up again before settling to close with a good gain. A lot of investors bailed due to the current need for traders to keep vomit bags next to their computers. :-) Now, as I surmised before purchasing additional shares, the government has realized that Ambac needs to un-ass some voting rights that were obtained in the settlement of the CDO mess before certain banks can be helped. Out of all the government assistance plans available to Ambac, I am hoping for the sale of scary assets. This, after all, would be the only way to get the rights that go with those CDOs, right? There is a method to my madness, you see. I might get to cash out next week. I'll let you know. :-)

I drove the car and picked up the kids from school by myself and that went okay. There was some panic, automatically quelled by the twilight zone, which I had to fight off for safety reasons... I did good.

The husband's band played for a local celebrity golf tournament Friday, and it ended up raising a substantial amount for a local children's hospital. His band mates did the usual, "I don't know how you got us this, but..." Ha! The husband knew better than to leave the gig without pictures, too. He worries about 'proof' these days. Some of his newer friends tease him in disbelief when he tells them of his many and varied adventures. One of them even started calling him 'Quantum Leap Man', or just 'Quantum Leap' for short. Like he always says, "It's a good thing I have pictures or the guys would never believe me." Yes, he played two holes of golf with one of his all-time favorite NFL heroes, rode around in a golf cart with him, and he has proof. Hee hee! I don't call him Quantum Leap, though. I call him Ferris. As in Beuller. Because I would not be at all surprised to look up and see him parading down the street on a float with a microphone in his hand. He wouldn't be singing Danke Schoen, though. Maybe Hell's Bells or something, but not Danke Schoen. And for those familiar with the movie, I'm a lot more like Ferris's buddy Cameron than I am like the girlfriend. *sigh* Yes, it will be me that he'll be talking about when he says, "And this is for my wife, who doesn't think she's seen anything good today." Or some such thing like that...

I should probably get to work on making my way to bed, huh?



Come on, Uncle Sammy! A bunch of banks and I are counting on you to take the smartest available option. I know lots of people think the government is dumb, but I know better. Please don't make me wrong. I expanded this trade based of my belief in your intelligence. There's extra tax revenue in it for you, too. :-)

Go Ambac!!