Friday, August 27, 2010

Mickelson Out,Woods Survives

Phil Mickelson,the number two golfer in the world,missed the cut Friday at The Barclays,the first leg of the PGA Tour Playoffs,at Ridgewood Country Club in Paramus,New Jersey.Mickelson shot a poor 74 for a +4,his second missed cut of the season.Tiger Woods,ranked number one,shot a slightly better 73,but relied on Thursday's score of 65 to make the cut with a -4.Australian Jason Day,22,leads the tournament at -8,while Americans Vaughn Taylor and Kevin Streelman are second at -7.At the LPGA'S Canadian Open in Winnipeg,Manitoba,American Michelle Wie tops the leaderboard,shooting a 69 for a -10.
In baseball,the St.Louis Cardinals handed the Washington Nationals a 4-2 loss at Nationals Park,with Albert Pujols launching a solo home run,his 401st career homer.The market staged a ridiculous rally,based on thin air such as a GDP revision for Q2 of 1.6 instead of the 1.3 estimated revision-as if 0.3 is going to help the economy significantly.Such an irrational move is very suspect,to say the least.Stocks were still down modestly for the week,with the Dow and S&P stepping back 0.6,and the NASDAQ falling 1.2.Stock futures continued the surge this evening,and bond futures gained altitude as well-another reason for caution.

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