Whats that headline you ask?…easy–it’s the theme song to the Olympics.  Tonight  I’ll settle in and watch some of the freakshow known as Ladies Gymnastics.  This promises to be some good TV.  This night is usually in my top 3 for Olympic drama.

I’m also a big sucker for the Men’s 100,200,400 and 400 relay ….USA…USA….USA

I watched USA V China Bball on Sunday…best comment of the Day…”The USA mens basketball team is making a concentrated effort to mingle with the the regular athletes at the Olympic Village.”  What a joke…

I would like to send out a big thank you to Fly and Company for all their work.   This is weird but “Gentle Fly” is starting to grow on me.  The more Fly lays on the Eddie Haskell the meaner and nastier Wood gets.  I think I saw a Twilight Zone episode of this once.  Krazy Shit.

I like [WAG] to bust thru 40 short term.

I’d say [GRMN] and [GLW] have some run in them.

Heres some macro KaKa [sic]— More good reasons for the market to go to 1350

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1. Ann Taylor closing 117 stores nationwide
2. Eddie Bauer to close more stores.  Eddie Bauer has already closed 27 shops in the first quarter and plans to
close up to two more outlet stores by the end of the year.

3. Cache closing 20 to 23 stores this year.
4. Lane Bryant, Fashion Bug, Catherines closing 150 stores nationwide

5. Talbots, J. Jill closing all 78 of its kids and men’s stores. Now the company says it will close another 22
under performing stores. The 22 stores will be a mix of Talbots women’s and J. Jill, another chain
it owns.

6. Gap Inc. closing 85 stores.

7. Foot Locker to close 140 stores.

8. Wickes is going out of business and closing all of its stores.
9. Levitz, the furniture retailer, is going out of business and closing all 76 of its stores in December.
10. Zales, Piercing Pagoda plans to close 82 stores by July 31. Today, it announced that it is closing another 23 underperforming stores.
11. The Walt Disney Company subsidiaries Children’s Place filed for bankruptcy protection in late March. Walt Disney in the news release said it has also obtained the right to close about 98 Disney Stores in the U.S.
12. Home Depot 15 store closings.

13. CompUSA clarifies details on store closings. Any extended warranties purchased for products through CompUSA will be honored by a third-party
provider, Assurant Solutions.

14. Macy’s - 9 stores
15. Movie Gallery - 160 stores as part of reorganization plan to exit.  They plan to close 400 of 3,500 Movie Gallery and Hollywood Video stores in addition to the 520 locations the video rental chain closed last fall.
16. Pacific Sunwear - 153 Demo stores
17. Pep Boys - 33 stores
18. Sprint Nextel - 125 retail locations
19. J. C. Penney, Lowe’s, and Office Depot are scaling back
20. Ethan Allen Interiors: The company announced plans to close 12 of 300+ stores in an effort to cut costs.
21. Wilsons the Leather Experts - 158 stores
22. Sharper Image: The company recently filed for bankruptcy protection and announced that 90 of its 184 stores are closing.
23. Bombay Company: The company unveiled plans to close all 384 U.S.-based Bombay Company stores.
24. KB Toys posted a list of 356 stores that it is closing around the United States as part of its bankruptcy reorganization.
25. Dillard’s to close more stores

26. Steve and Barry’s Clothing (240 stores) filed for BK.

27. Starbucks is in the process of closing 600 stores.