BAGAKOAA; 6 July 2012 Get A Job

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July/2012
 Get A Job, Sha Na Na Na

 

The year was 1957 and it was one of the best known doo-wop songs of the 50s. The Silhouettes made it to number 1 on Billboard for the pop and R&B genres in January 1958. Richard Lewis the tenor for the group wrote the lyrics recalling that is what his mom told him when he returned from the service in the early 50s. A few of you old farts might remember them performing the song on American Bandstand, while the rest of us remember it as one of the songs in American Grafitti and Stand By Me. It was also one of the closing songs on Edie Murphy's great movie, Trading Places.

 

So what has that got to do with anything. Today's job report was very disappointing because people are not getting jobs. More about that later.

 

Today we had our usual visit to Lab Dracula, where they run off a few vials of my blood for testing. I was so excited about being first in line I forgot to sign in. That got in trouble with the sign in person, very powerful person at the Lab don't ya know.

 

Once I was done, the nice nurse lady wrapped my arm in medical duct tape insuring that every single hair on my arm came in complete and inescapable contact with the adhesive on that tape.

 

Then it was time to load up on carbs and fat, so I headed to the bagel shop. They remembered me after two weeks and my cheddar spinach on rosemary olive oil bagel was up before I even made it to the counter. I am doomed to eat this bagel the rest of my life.

 

Then it was in the office for a bit to take and make a few calls and get ready to head to Audi of Mission Viejo. Yes it was time to pick out our new vehicle we won two weeks ago. We had the choice of 4 vehicles, including the Audi Q5 and the Audi A5 and two rough equivalents in the Infintiy Line.

 

Devin and I had pretty much decided that this vehicle would go to our son in law and our daughter, Ryan and Kristin. We all met (including Ellen in case the paperwork got too intensive) at the dealership and waited for the still newly weds to decide on a model and features.

 

In about a half an hour they chose the Q5 Turbo something or other. Then I had the pleasure of doing the paperwork. Now in the entire world, there is only one thing worse than doing auto purchasing paperwork. That is doing auto purchasing paperwork and not ending up with a new vehicle at the end of the ordeal.

 

Now one of the things we had to do was a photo op as this marvelous events was again the result of a benefit auction for Mission Hospital Mission Viejo. That was one of the reason we had the whole gang there was well as my buddy Steve Forry from the Mission Hospital Foundation, and Sarah Martinin, Manager of Annual gifts at the Foundation as well as several Audi MV staff members. Well, we soon found out that we might not be taking home a car that day, so the crowd quickly diminished. By the time we knew that Kristin and Ryan would be driving home in their new chariot, it was only Ryan and I. I suggested we find some pretty people on the lot for the photo, but instead asked to reschedule for another day when we can round up the whole gang (Yes including you Steve.) for a photo op.

 

By the time we finished, I had lost 7 more hairs, gained 9 more wrinkles and my memory was even more diminished, if possible. The salesman said, "Let me show you all the cool bells and whistles on this fine vehicle." I asked Kristin for the keys to her Ford F 150 filthy dirty gasoline lacking truck and drove away as fast as I possible could.

 

They like their new vehicle and we are happy for them.

 

Then it was time for quick hot dog an A&W root beer and see the carnage in the market. 


I was not at the close, because we were listening to the attributes of the permacoat sealing finish on all Audi cars and doping our best to decline the LoJack option on the new car. (Hint here folks, use an old iPhone and use "find my iPhone" feature on the Apple Cloud, Viola, you have LoJack. You can use the iPhone for your muse which plays through the USB cable on most new cars.)

 

But the market got stung because of the sickly job report. As usual the ADP report sent the market in the wrong direction earlier in the week. The DOW was down almost 2% at its worst, but soon recovered. It finished down 124 points and the S&P was down .9%. Volume was light so we do not think there will be a change in flag colors.

 

We still feel we will see a weak rally in July and then a very shaky volatile topsy turvy market till November. Be flexible and defensive in your investing.

 

 

Salve Lucrum

 

 

 

 

 

 

Brian Ireland
 
 
Since 6/29/2012
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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