BAGAKOAA; 14 June 2012 9 Days Is All We Need

Post 672

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June/2012

We finally got a feel for the time off Jack has from school and football and now this week, basketball. He has the next 9 days off (starting Monday). So we decided that we are going to see our place up in Utah. We have been there for 3 brief visits over the last 18 months and one of those was Kristin's wedding, so that does not count.

 

So next Monday, we will be doing the convoy thing with Jerene riding with Devin and Man Child riding with me and Dennis alone for the 11 hour Journey. It really is not that bad except for the "whose gonna lead" argument that always ensues. She (Devin) likes to follow me, but always says I drive to fast regardless of how fast I am driving. I suggest she lead and she says no I don't want to lead.

 

The few times she does lead, when she does a lane change and sometimes forgets to reset her cruise control and next thing you know we have people who are changing their tires passing us.

 

Then there is always the situation when I am in the lead and she races up to pass me at Mach 1.3, which of course is a sign someone in her car is suffering from wee bladder disorder. So we stop.

 

Now each stop is a process onto itself. For we have at least five dogs with us, as Jerene brings her little baby girl Pheobe. Pheobe is Chi Wawa. Cute as a bug, just like out Mona. But every stop includes gonker breaks for the dogs, a water break, and a snack if necessary. Then it is time to fuel and take a break ourself.

 

I usually reward myself with a white bread turkey sandwich consisting of white bread and turkey. Now these grab a lunch items are an excellent source for sorbic acid salts, benzoic acid, calcium propionate, sodium nitrite (and sodium nitrate which converts to sodium nitrite "in situ"), sulfites (sulfur dioxide, sodium bisulfite, potassium hydrogen sulfite, etc.) and disodium EDTA, antioxidants include BHA, BHT, TBHQ, propyl gallate,ethanol, and methylchloroiso-thiazolinone.

 

But we will make it as we usually do and arrive at the slow paced breezy 6,700 foot elevation home in the mountains. It will be peaceful and relaxing. I hope to do some hiking, fishing, reading, and cooking. I hope Devin can take a load off and relax as she could really use it. 

 

 

 

Now I Understand That

 

New unemployment claims number came out higher today and the CPI numbers were nothing to write home about. There were ambiguous signs there may be yet another promise of a bail out of Greece. Sop apparently that is the condition for a quick little rally. Yeah the market goes up 155 points on the DOW. The S&P was up 14 points. What's up with that. Stinky news and the market goes up?

 

We'll to support my argument that the government has gotten to big and influential, big money players are banking on Bernanke and Friends bailing us out again with some QE III spin, so the market liked that NOTION. Now the government has been bailing us out since 2008. When will it start working? When will consumers continue spending on their own? Do you feel like one of the buffalo headed for the edge of the cliff with a bunch of native American Indidans whoopin and holleran as you run fast and faster.

 

Glad I got my VXX parachute.

 

In closing, I predicted a 2% drop this week. According to my calculations we are up about 3.6% on the week. If I am right, we could see a 5% drop tomorrow. Now I am not saying that is going to happen, BUT . . . .

 

Are your stops in place? Have you taken any gains off the table? Fear and Greed is driving this market, like any other market. I just can't see big money manager being "Risk On" over the Greek Election weekend. BECAREFUL.

 

I will have something for you over the weekend, before we leave for Draper.

 

 

Salve Lucrum

 

 

 

 

 

 

 

 

 

Brian Ireland
 
Since 5/2/2012
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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