What Was That Loud Sucking Noise

By the time we got the blog put to bed last night and continued reading our new book on Forex, Foreign Exchange: A Practical Guide to the FX Markets (Wiley Finance) by Tim Weithers, it was about 1:00 AM.  I had a bit of a problem getting to sleep last night as I was pondering a question.  Do tongues scab?

Now you might say, why would he be worried about a stupid question like that?  Well last night during the eclipse, I was putting the final touches on our grilled chicken dinner which included some foil cooked corn on the cob.  (We have this down to an art form now.)  Once we decided the earth would survive the eclipse, we sat down to eat.  (Funny Devin Story Alert-Later)

After tasting the great job Devin did with seasoning the chicken, I took a bite of the corn and it had retained so much heat in the foil, I burned the heck out of the bulk of my tongue.  So much so, that I somehow took a big bite out of the foliate papillae and the filiform papillae.  That would be the center of the topside of my tongue.

Well it bled for the next hour or so.  By the time I was done with my blog, it had stopped.  But it was still hurting (I am such a whiner.).  My tongue had swollen and despite that, I used Dragon Express to dictate my entire blog last night.  (I did make about 11 edits after dictating.)  I did have a few quirky words because of my tongue.  Fix kept coming out Six and a few other speech flubs.

Anyway, at 1:08 AM I was lying there with my tongue throbbing and thinking, Do tongues scab?  This morning I found out the answer.  Yes they scab.  I would send you a picture, but I just took three of them and it even grosses me out.  So do you pick at a scab on your tongue?  Do you wait for it to fall off?  If it does fall off, where does it go?

Ok, funny Devin Story.  Last night as I was finishing up the chicken breasts, our neighbor reminded us of the eclipse.  I reluctantly let my family know as I did not want to screw up dinner.  When faced with fresh off the grille corn on the cob and chicken breasts and a solar eclipse that comes around every 178 years, I will wait for the next one.  

Anywho, Devin wanted to see the eclipse so she knew you should do it with two pieces of paper.  She just forgot the actual technique as she poked a whole in the paper then looked through the hole at the sun.  Ok, now come on I have taken my life in my hands by telling you that and you can't laugh any louder than that.  You are supposed to poke one hole in one of the papers and cast the light on the second piece of paper and you will get an inverted image of the eclipse as it happens.  Well, any way I got a kick out of it.

Today we got in the office a little after eight and took care of e-mails, some reading, and a few personal business matters.  Then I got a call from the Audio Visual guy who is still trying to complete the Man Child entertainment complex.  I had already scheduled lunch with my lovely wife so I told him we would have to wait till later in the day.

Even after 30+ years, I still get excited about having a lunch date with my wife.  When she walked into Hanna's she was just a silhouette in the doorway, but let me tell to she still throws a hot shadow.  Pretty lady.  She had rabbit food and I enjoyed Dave's Mahi-Mahi tacos (Only two, but I asked them to charge me for three.  My penance for not having will power.)  After a great lunch with my lady, I went a got my hair cut.  Well I got all of them cut, but soon I will be able to say hair cut and we will be talking about the one that is left.

Jack had a rough day and we picked him up.  It is getting near the end of the year so we are in a very tough crunch time.  The good news is we are headed to Hawaii next week for a wedding.  It will be some down time and I will be trying to blog from my iPad, which should be interesting.

From time to time, some of you ask about my buddy Ben.  He moved to South Carolina and is terribly miserable.  He is not having a good time and has no life.  Today he sent me a sad portrait of himself in his lousy new life.  I thought I would share it with you.

Fool Me Once

The old saying is fool me once shame on you.  Fool me twice, shame on me.  Fool me 17 times, and I am just a horse's whither.  

Guess what. It's amazing. They have solved the euro debt crisis. Yes those people at the G8 have decided that they're going to step in and save Greece. That's right we've never heard that before. The news is absolutely stunning and well worth the hundred point jump in the Dow Jones today. 

Yeah okay, I believe it. While we were drinking thatKool-Aid, Chinese Premier Wen said that they are going to boost the Chinese economy. Well, if you had been paying attention two weeks ago the Chinese government said that they were going to ease capital reserves for their banks. That is helping their economy. We described that to you about a week and a half ago. But somehow today it was important and meaningful and the market went up about 1% in all indexes.

As we told you last night there was very little economic news here in the United States to pay attention to. As a result, we had the banter out of Europe and the repeat of the good news of China that kind of softened our dollar a bit and as a result gold went up a touch and so did other commodities like oil.

So I was in a bar earlier tonight I ran into this little guy wearing a hoodie. He was looking sad so, I said "Hey what's wrong?" He says he lost $11 billion today. I said, "Oh my gosh, you didn't invest in Facebook did you?" And he looked at me and said, "No I own Facebook. And I don't want to go home and tell my new wife I lost all that money."

Okay I didn't have a drink with Mark Zukerberg but if you had, that might have been the conversation today. FB was down 11% today in trading. I hope a lot of you who did buy the stock last week had some at least seven or 8% stops in, to eliminate some of the carnage we saw today. I know a couple of you had a buy-in and fortunately that I was not executed last week.

So Mark Zetterberg would not have lost $11 billion today as that was the market capitalization that Facebook lost in total. He would've only lost save 5.8 billion. Over 120 million shares of Facebook was traded today mostly at a loss. So when the money was leaving Facebook where did it go. Apple had a huge gain today which is kind of annoying since I sold some calls against it first thing in the morning. After it hit my stop I went back in again later in the afternoon before the close to sell some more calls and the stock even went up higher so I had two significant losses on Apple in one afternoon. That must be a record

My guess is a whole bunch of money pulled money out of Facebook and when looking at other NASDAQ offerings such as Apple.  

Since 5/2/2012

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.

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Dow 13,073

S&P 500 1,358

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