The third round is complete and I'm more impressed with Rory now than I ever was and that's saying something. He entered today with a four shot lead. He wasn't playing all that well. Not well but not terrible. Rickie Fowler was having a hot round and tied Rory after 13 holes. It would have been easy for a player to panic after seeing his lead disappear and fall apart but Rory rose to the occasion. I know he has the most talent of any player out there but he showed how much he has inside today. Its like he flipped a switch after being tied and went on a tear. Fowler did have a few problems but Rory just went to a new level, including getting an eagle on both 16 and 18. Rory has now gone from a four shot lead after two rounds to a six shot lead going into the final day tomorrow. Anything can happen but I really don't see how anybody can catch him or even come close. If he wins tomorrow, he will have one three of the four majors and the only one left to win will be the Masters and Rory looked like he would win that a few years back but blew up on the final day. He learned his lesson well about what to do and what not to do from that Masters defeat. It had to hurt to lose that tournament but it looks like it may have been the greatest lesson a golfer can ever get. I have to give him the nod as my pick for the last major of the year, the PGA tournament but I'm already making him my pick for the Masters next year. I can't tell you how impressed I am with him. He's turning into what Tiger Woods used to be and I think will turn out to be even better.
One more item. On the first day of any golf tournament they have half the field go off early and the other half go off in the afternoon. The second day they reverse it so the late golfers the first day go early and the early golfers the first day go off late. The golfers who went off early Thursday and late Friday got much better conditions to play in both days. Most all of the top golfers in the world were the ones that played in those favorable conditions although it didn't help Tiger Woods. I'm wondering if they set up the tee times based on the weather forecast and put the best golfers in the early group on Thursday. If so, I have no problem with that. They've earned it by becoming the best.
Anyone been watching. Rory McIlroy is really looking good and has a four shot lead over Dustin Johnson after two rounds and a six shot lead over six others. Can Rory hold on? Don't know. We will see but if he keeps playing like he has the first two days, this tournament is over. I hope he keeps widening and wins by a big margin. He is such a quality person and the most talented player in golf today. I really didn't think he had his game in shape to win this week but he is proving me wrong and I hope he keeps proving me wrong. My picks aren't doing too well. Martin Kaymer is pretty much out of it and Justin Rose will need two great days over the weekend and have Rory come back to the field. One thing I was right about was Tiger Woods having no chance to win. He did make the cut right on the number and is 14 shots back of Rory. To put it in perspective, Woods is tied with Tom Watson who will be 65 and eligible for Medicare coverage in just over a month. Anyway, it will be an exciting weekend. If Rory pulls away, it will be exciting to see the best talent in the game play and if he falters, it will probably be a big battle among a bunch of people. Rory and his Tennis pro girlfriend broke off their engagement a little while back. Maybe all he needed was to get rid of the ball and chain and get his mind back on his game. I'm glad its the weekend though. Getting up in the middle of the night on Thursday and today is killing me. With the field reduced in size after the cut, they will be starting at a more reasonable hour tomorrow. Won't start until very early in the morning instead of the middle of the night US time.
The steel industry was a big factor but you're placing blame in the wrong place. Many steel companies in this country destroyed themselves with executive greed. They chose to collect huge bonuses and hand out big dividends instead of spending the money to buy state of the art equipment to stay competitive. They're operations became obsolete and they could no longer compete. That's always been a big problem with corporate management in this country. Corporate management in many other countries chose to look out 30 years ahead while corporate management in too many cases in this country chose to look out 3 months ahead. Its gotten somewhat better in recent years in this country but there's still too many in leadership positions who only care about the next quarter and next year. Its the best argument this country has for limits on corporate compensation. It puts an end to the grab and run mentality which leaves others holding the bag in the future.
I imagine they are preparing a release of what the effects of the accounting changes will mean to the financials, ie: past and future earnings and revenues. My guess it will not be anything material but we will just have to wait and see. One thing for sure is the people in their finance department have been working their tails off yesterday and today.
That's the oldest trick in the retail book. You lure people in with good buys but have very little sale product to sell hoping that people will buy other items. That never works anymore. People will just leave upset and go elsewhere. That's a sure fire way to lose your customers. WalMart has been around long enough that they should know that this way of doing business is a detriment to the company. Who is calling the shots at this company?
Time to get those British Open picks in if you want to take a stab at the winner. You need to do it today because the first groups tee off very early tomorrow morning at 1:25 am Eastern Time. If you wait until after play has started and pick the winner, you'll have to live with that dreaded asterisk next to your name.
It starts this Thursday. My pick this year is Martin Kaymer. I'm predicting he will make it an Open double by winning the US Open and The British Open. His game still seems to be at an extremely high level. My second pick is Justin Rose whose game is really rounding into form now and his game is made for the British Open. The top betting pick in the United Kingdom is Rory McIlroy. I don't think his game is where it needs to be to win. In betting in the US, Adam Scott is the top pick and Tiger Woods and Rory McIlroy tied for second and Woods was the top betting pick until a couple days ago. I don't know why people keep throwing away money on Tiger Woods. He's played one tournament a few weeks ago after his surgery and he was horrible and badly missed the cut. What chance do I give Tiger Woods of winning? As close to zero as any golfer could be. It just will never happen.
Completely wrong again but I do commend you for not posting under the phil clone name this time. Are you in some kind of contest where you try to make the most posts in a day with 100% wrong information?
Nice job of deleting your 100% wrong post, clone phil. Kind of embarrassing, isn't it? I can't believe that you thought Obama was president in 2008. Remember, the election Obama won was in November 2008 and he didn't take office until January 20, 2009. I take it you won't make that mistake again but I wouldn't put it past you. What else would I expect though from somebody who can't even think enough to come up with their own ID.
Wrong again I see. Bush was president the entire year in 2008. Obama won the November 2008 election and took office January 20, 2009. No need to apologize. We're used to it.
Why are you trying to pin this on Obama? Obama is just following the laws of the lax immigration bill that Bush pushed through in 2008. If you don't like what's going on now, you need to call your republican congressmen and tell them to quit blocking immigration reform legislation that will bring some order back.
I'm glad you're a republican bird. I'd hate to see you giving the democrats a bad name with your dumb laughable posts.
That was a terrible ruling based on politics and not on fact and common sense. There are people of all different faiths that are business owners and managers. What happens when you or a family member work for a person who is a Jehovahs Witness and you are in a car wreck and need a blood transfusion or you will die. Jehovahs Witness does not believe in blood transfusion so they wouldn't have to cover that with their insurance based on this ruling. Sorry, your insurance won't cover that. There are religions that don't believe in treatment from doctors at all. What if someone works for one of those people. You're letting your partisan politics get in the way of allowing your brain to think.
Congratulations to Martin Kaymer. He blew the field away by 8 shots. Going into today, this is pretty much what I expected. I knew he was too cool under pressure to fold. The only thing that didn't go like I thought was that I thought somebody would run at him and get five or six under but that never happened. Super performance. The only thing wrong with what happened is there was never any real excitement in the last round. It was pretty much over from the strart, especially when nobody made a run at him early.
You also have to factor in what is happening with WMT's same store sales. They are going down by a large amount more than their 2.2 billion sales increase online. It appears that some WMT customers are buying more online that they used to buy at the store but not nearly enough to make up for the loss of store sales. Amazon's 13 billion is all new money, not coming from anywhere else at Amazon, its new money. amazon is burying WMT and there is no indication that the carnage is not going to continue. WMT is a dying company. They're the Sears, Kmart, or Woolworth of the 21st century. Remember when Sears was the king of retail and every home in America had a Sears catalog on their table? All large retailers die out and dying out is exactly what WMT is doing. Each time one of these large retailers started dying, they started trying new things to try and keep their sales going but in all cases, it just hastens the demise of the company. WMT has announced a lot of new things recently and its the exact template of what those other retailers that died did. Its just natural but it always leads to a quicker death.
This is a cash where you need to look at the real numbers. Its easy to fool people by how you word things. Last year, Amazon's online sales rose by 13 billion while WMT's rose by 2.2 billion. WMT is losing ground fast.
Kaymer also won another major, the PGA Championship in 2010. He was rock solid when he won there and this guy does not fold under pressure. If he doesn't win this, it won't be because the pressure got to him but because his game left him. He is one cool customer.
We may be witnessing a runaway in the US Open this year. Martin Kaymer shot a 65 yesterday which was the lowest score ever posted on Pinehurst #2 in a US Open and he came back today with another 65. He now has a six shot lead. Putting great rounds up back to back is really tough but he did it. If he comes back with another low one tomorrow, its over. He won the Players Championship about a month ago. To say the guy's game is super dialed in right now is an understatement. I thought about picking him but decided to go with Scott. Scott had a good round today but its kind of tough to keep up with two 65's in a US Open.