BAGAKOAA;  February 4, 2013 How Did I Get So Smart? 

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February/2013

Everyday we get dozens of notes and emails asking "How does Brian know so much."

 

It might not be dozens, and it might not be like every day, but we are constantly getting inquiries as to, "How did you know . . ."

 

Ok, "constantly" might not be the best way to describe the enormous flow of comments about my intellectual prowess. "Enormous flow", might also be a slight inaccurate way to describe the situation.

 

But many people are amazed at my ability to boil down so many details of economic data and regurgitate them in a form the audience appreciates. Well, "many people" and "amazed", might be over building the scenario a bit.

 

Ok, I got a note this morning from a reader who said, "Nice Post" I'll take it, once again confirming what most of you already know. I am an insecure megalomaniac narcissist.

 

I mentioned that Devin had a One on One class at the Apple Store this morning at 8:15. When she booked it I reminded her that we do not have to do things that early in the morning. I mentioned it twice while she was booking the meeting.

 

Last night I was asked, "Why did I book that stupid One on One thing so early?" Note the word WHY. I could only suggest that maybe she new the housekeepers were coming and she wanted to be out of the house early. Despite that, I was awakened by the sounds of Devin preparing herself for the Apple learning event.

 

Jack was to accompany her, so I took advantage of the resulting abandonment and had breakfast and ran a few chores. I even got a pedi. (Salon speak for a pedicure.) I am digging the pedis.

 

Lee greeted me at the door and asked where my wife was and I explained that she was learning how to use her Apple device. I waited for the Vietnamese translation to make its way around the room.

From the looks I got I am real sure the translation referenced classes to learn how to eat an Apple. That did not stop me from being escorted to Kimmie's station and my pedi was ready.

 

I enjoyed this week's Economist (Thank you Tim. I forgot how good the publication was.). I only had to hide my face once as Kimmie used the callous pad to scrub the bottom of my feet. (It tickles man!)

 

Then it was off to the bank to get some green. I was quite taken back when a cute teller I had not seen before greeted me with "Hey Mr. Cronin, how have you been?" She then asked how much longer my cast had to be on? To this moment, I do not know how she knows me. No, I had not scanned my card yet.

 

I walked across the parking lot and got a haircut. That took all of 7.3 minutes. Then I got the fixins for dinner. I am making Ricotta Gnudi (similar to gnocchi) with fresh Pomodoro Sauce and grilled Cauliflower and Onions with Parmesan dustings.

 

We enjoyed that meal with a 2008 Joseph Phelps Syrah, that was phenomenal. A great night for sure.

Everybody Cool Off A Moment

 

That was the theme of the day. After an 8 week and almost 7% run up, we were do for a little break. As we suggested International News would be a market driver, and Italy and Spain got the market just spooked enough to trigger the sell off.

 

The good news is, it lacked conviction as volume was mediocre. The psychological 1,500 thresh hold was broken to the down side, so let's watch that. It can flirt with 1,475 without too much danger of a collapse. I am guessing will see a couple of good earnings tomorrow (possibly DIS, K, CMG, PNRA, ADM, and BP.) and that should float the market.


 

Salve Lucrum
Brian Ireland
 
 
Since 12/31/2012
G to Y 12/27/2012
BAGAKOAA;

I am not a professional investment adviser. Anybody reading my blog and investing accordingly must be out of their minds. I have made more money than I have lost. Except for a nasty VXX trade is 2012.   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.

 

Brian's estimate :

2013 Year Ending

Dow 14,361

S&P 500

1,610

 

2012 Year Ending

Dow 13,073

Actual 13,104

S&P 500 1,358

Actual 1,426

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hannas