BAGAKOAA; 12 March 2012 Saying Goodbye To A Loyal Friend

Post 610 CLICK HERE To See Past PostsMarch/2012
At about 3:55 AM, we had our burglar alarm go off. Devin was the first to react and I slept peacefully as all kids of sirens were blasting. Once Devin got me awake, she handed me a baseball bat. I guess she wanted me to take the guy out back and play some ball. That was all I could think of.

 

As I finished putting both legs into one leg of my Under Armor shorts and nearly falling on my face, I noticed my phone ringing. It was ADT, our alarm people. They were calling to tell us our alarm was going off, but first we had to give them our code. Now when we finished the install, we had about 14 worker running around from various projects and our tech showed us how to use the alarm and we chose our code.

 

Devin and I could remember choosing a code as she was walking out of the house and I had dog issues and knew I would not remember the code. The rep from ADT did everything he could to help me remember the code, but indicated he would be forced to call the sheriff if I could not come up with the code. I said fine as we needed some outfielders for the baseball game my wife wants me to play with the burglars.

 

I remembered the code and then remembered that Devin had picked the code as it is the same code we have in our Utah house. Now that the pressure was off, I had to go look for the baseball players. My dogs were too tired to get up so I stayed on the phone with ADT in case I found some in fielders.

 

Then the rep sayed the alarm was a broke glass alarm in area 53. Now I did not know where area 53 was and the rep did not know either. I started looking around and by now Devin had her uniform on and wanted to play as she had her own bat. Then we saw Jack who had his own bat. It was amazing that I did not know we had so many bats until about 4:08 am this morning. We never play baseball. How did we end up with so many bats? Bizzare.

 

Leave it to Jack to figure out how to use the monitor on Devin's night stand to figure out that area 53 was the master bedroom. I was still on the phone with the rep and told him that area 53 was in our master bedroom. Which now sounds funny, as it made me think of Area 51 in our bedroom and aliens and, anyway, I digress. He suggested I look in the master bedroom. Dah! I told him that is where the ball game began and we will assume it was a false alarm.  Thank God as I discovered I had my T-shirt on backwards and inside out.  I magine being killed with your T Shirt on backwards and inside out.  How embarrassing.  

 

We then took all of the animals out for a quick break and to make sure there were no baseball fans in the backyard. Devin and I watched as Lucy was struggling to relieve herself and when we got back inside found out she had been sick in her bed. Her quality of life quickly diminished in the last couple of days.

 

We all tried to get back to sleep for the hour or so we had before it was time to get Jack to school and for me to meet the contractors who will be tearing our driveway apart and installing our new one over the next two weeks. (Our driveway was pretty chewed up by the earth moving equipment during the flood.) By the time I got Jack to school, I got home and was watching Devin trying to get our old friend Lucy to eat something. We were facing that dreadful moment dog owner must face. Are we keeping her alive for us or for her?

 

At about 9:30 am, I joined Devin and Kristin at the vet's office to say good bye to our loyal friend Lucy. She would be 16 this June. Devin held her and she slipped away quietly and peacefully. At times like that I remember the saying, "Good Lord, let me be the man my dog thinks I am." The unconditional love of a dog is a very rewarding gift indeed.

Three Loyal Friends

L-R Bucky, Lucy, Willy.  Lucy was the last of this great group of dogs

 

Since the market did nothing extraordinary today, we will leave you with a quick portfolio update we provided the SLP family.

Boys And Girls;

 

Uninspiring.  That is how I would wrap up the action in the market today.  Volume was lower than a boom box in a cloistered convent.  (Hey I liked that.)  My guess is fund managers are treading water waiting for the Feds monetary policy meeting tomorrow.  Mr. Market did manage to shake off some bad news from Italy and China, but did nothing decisive.  Oil and Gold lost their sheen a bit today.  The VIX came down lower.

Here are portfolio highlights.

 

If you had the cash, we got you into ACET which we have been blogging about.  We got everyone we could in at about 9.00 a share.  We will set a stop at 8.20 and hope the stock is not too volatile to trigger that number.  We are looking for 11.50 or 12 by June and then we will re-evaluate.

 

XOM

 

It was up a teeny tiny bit today despite the drop in oil.  We have watched the IBD rating on this drop since early January. The accum/dist rating has dropped as well.  We still want the stock in our core as it is one of the best overall global oil gas plays.  I we sold this, we would just get back in CVX or MRO.

 

CELG

 

We are waiting for this to break out of the 71-75 range it has been in for the last three weeks.  IBD still loves and it is being picked up by institutions.  There are 7% more funds owning the stock than a year ago.

 

MSFT

 

Nothing to note.

 

UNFI

 

This went against the market today, for no apparent reason.  The IBD composite rating slipped a bit, but nothing to worry about.

 

GWW

 

WOW, this one keeps getting better and better.  Unfortunately I may have this called away in the 17th when my last call option expires well in the money.  If it does we will see about a 9.7% gain on the stock and a 2% premium on the calls.  Not bad for a 4 month investment.  I will keep you in the stock and see how far the ride goes.

 

AAPL

 

Yet another record high this morning.  I was not expecting a 6% gain in such a short time and I may have this called away from me as well.  We will see a 14% gain and about 1.8% on the call premium.  My luck Cook will announce a bodacious dividend the day I get called.  It would not hurt my feelings to see this cool off before the 17th expiration.

 

MGRC

 

It slipped a bit today, again for no reason.  It looks like the 31.00 support level (basically its 50 day average) is a solid support level.

 

As we said, many are waiting to see what the Fed will say about future interest rates.  If they imply we could see an interest increase in the next 12-18 months, look for a drop in the market, an increase in the treasury rate, and a drop in oil and gold. My guess is, status quo and no big move in the market.

 

Have a great night.

 

Salve Lucrum

 

 

 

 

 

 

 

 

 

 

 

 

 

Brian Ireland
Since 12/21/2011
BAGAKOAA;

I am not a professional investment advisor. Anybody reading my blog and investing accordingly must be out of their minds. I have made more money than I have lost. There are many more qualified people than I to actually tell you how to invest your money.

BAGAKOAA=Boys And Girls And Kids Of All Ages

Salve Lucrum=Latin for Hurrah for Profit.

2012 Year Ending

Dow 13,073

S&P 500 1,358

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