I completely forgot about daylight savings time. It’s not that I didn’t know; I’ve had numerous reminders over the course of the last week. The fact that I had to adjust the clocks before I went to bed last night just didn’t cross my mind.

One of the most important things you can do (aside from adjusting the clocks so you’re not late to work) is replace the batteries in your smoke detectors, and test them.

It’s better to do it now than to wish you did later.

A week ago, I attended a land auction to see if I could pick up some additional oil production. I’m not sure what land is going for in your neck of the woods, but around here it’s gone crazy!

Tracts 1 through 3 and 5 were primarily farm land, with acreage ranging from 30 acres to 300 acres. One of the tracts had some oil royalties attached to it that only amounted to about 200 barrels per year.

The farm land alone went for nearly $2,000 per acre. Unreal.

Tract 4 was what I was interested …

Sprint (S: chart, web, Y!) has been down in the dumps lately. Actually for the last several years (or more accurately since they merged with Nextel). They just wrote down $29 billion, or the equivalent of that same Nextel merger.

Sprint is a poorly run company, not just at the executive level, but all across the board (although new CEO Dan Hesse is making a valiant effort to turn that around). Their marketing department never really sold the Nextel technology, and little money went into preserving the customer base Nextel generated. On top of that, Sprint didn’t spend enough …

It seems the sentiment on the trading floor is that oil is going higher. Scott Hess, is an crude trader on the Nymex, and if his outlook bears any fruit, oil is going higher.