Monday, October 01, 2012
Ball-into-hole-knocking reached a new crescendo last night when some European ball hitters put their balls into some holes having hit them less often than their American friends. Well, we say friends but they weren't that friendly at the start. Who would have thought that ball hitting was important enough to a) boo others over and b) stay up all night wiping man years of productivity off a Monday morning around Europe as bleary eyed golf fans compare notes of wonder that a German can be cheered by British to take a team led by a Spaniard to victory over Americans.
TMM have been known to knock balls into holes themselves and the original Macro Man was actually fairly good at it, which we put down to his taste in clothing (joking old friend). But there is something very strange about a sport which will allow players to wear clothing that is solely derived from oil, coloured in shades that would make an acid-house party look monotone and cut in styles that would have befitted any individual era but are so mixed up that when melded together and sprinkled with diamonds and random words like "Ping" or "Teitmeyer" (or something similar) couldn't be less fashionable than a 2 year old's worst efforts rifling through the dressing up box. Yet what is more they refuse to allow us mortals to play in natural cotton jeans, with not tucked in muted toned tops or, sin of sins, with off-white rather than pure white socks!
"Sorry sir, it's tradition". Well so was syphilis in our family but we managed to change with the times. Golf is to fashion what Apple is to maps.
TMM have also been wondering if oversleeping Golf fans have a tendency to be bearish, as there is a distinct lack of bear activity this morning. It is begininning to feel as though the feel good factor of sports events does roll over into financial markets. We suppose that on that basis US markets should tank this afternoon (sorry guys)!
Our plan "a" (see last post) was to expect markets to push on down today after a storm of gloomster press stories and continued European unrest. Yes, the brick chucking has continued in Spain over the weekend but the market response has been very muted. The start of month, start of quarter move back into equities and euro things has been notable and whilst it could be seen as a one day wonder, it has spooked TMM enough to prompt us start buying a little bit of risk a day earlier than our plan "a".
That really is it for now. May your balls go where you want them to without you having to hit them too much.
Addendum at the request of the original Macro Man.
Team Macro Man would like to unreservedly apologise for the glaring error in the above text. We inadvertently stated that the original Macro Man is "good at golf". We would like to make it clear that this could not be further from the truth. He sucks at golf, though prefers to think he 'gets his money's worth'. We would like to further apologise to him, his family and any poor sods who have had to play with him.