BAGAKOAA; February 13, 2013 Thirty Minutes And Counting 

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February/2013

Thirty Minutes And Counting

 

Well I can start letting you in on our secret. If you remember back in December we told you we are looking at a piece of equestrian property in Coto de Caza. It was part of a very complicated bankruptcy case, which still continues.

 

Our interest was in one piece of property, a three acre parcel with a beautiful home, a pool house, and a barn with adjoining saloon. Here is a link to some photos of the property.


Click Here

Well, on Monday we were informed we are the proud owners of this incredible property. The last few days have been very hectic with banks, and attorneys and title companies and attorneys and escrow companies and attorneys and realtors and attorneys.

 

Now that we know we have a clean title on the property, Devin's euphoria quickly shifted to project mode. She is a great delegator. Within minutes of the news she had come up with 27 things we have to in the next week. (The occupants of the home have till Friday to vacate.)

 

I and my team of people I get to delegate to (Thank you Ellen and Mike) are doing a great job of keeping all the plates spinning. We hope to do our first visit as an empty home Friday afternoon.

 

I am very happy that Devin gets to fulfill her lifetime dream of having a home where her horses can be on the property with us. I on the other hand am still in pursuit of my dream. That would be having a hobby as expensive as Devin.

 

If the legal issues surrounding this transaction were not enough, today I got to accompany our attorney and family friend, Brian L. to court in Santa Ana, to address some family trust issues. I was there as trustee in case they wanted to see a warm body there.

 

It worked out well, not because we got done what we needed to get done (The court and legal process is really fun to observe.), but because I had my iPad Mini with me and I was able to clear about $740.00 in the market. It is amazing how much you can get done with almost two UNITERUPTED hours and a mini iPad.

 

If You Can't Report The News, Make It Up

 

I know more than half of the readers are based in Southern California. Yesterday (Tuesday) I am sure you were subjected to 5 hours of coverage regarding the Dorner Fugitve and his stand off with police. What we found interesting was how the talking heads on every channel just made information up as the news flow slowed down.

 

When all heck was breaking loose, the news flow was good and there was lots to report. As the "suspect" was cornered in a home, and there was a stand off, every channel started every comment with, "We should not speculate BUT (BUT is an acronym for Behold the Underlying Truth.) and then they would speculate.

 

Here were some of my favorites. "The downed officer was wearing a bullet prove vest so Dorner, if it was Dorner, must have shot the officer in the face." Another comment was, "One officer was shot and dead, but the officer was shot and be all right." Yet another was, "We do not know if there is a person in the burning house, but Dorner is dead unless those tracks behind the house were his."

 

Now in this day and age of instant gratification, we are all impatient to get the facts. Unfortunately, pressure on media outlets to keep a flow of entertaining information (Sorry, that's what news has come to, entertaining information.) forces segment producers to prompt their "on the air talent" to create information on the fly. Too Bad.

 

Such A Nice Girl

 

Not sure if I mentioned it, but Monday was my first visit to Physical Therapy for my hand. It goes without saying we went to RSM Physical Therapy (See the link there on the right. I get paid thousands of dollars a day for all the traffic I send to there website-NOT). This is the place where Devin has been going for her, well, her, well her EVERYTHING.

 

Monday I met Kristy (hope I spelled that right). This young, cute, innocent, woman was quick to laugh at my comments and gently caressed my hand as she explained how screwed up my tendons bones and muscles were. She applied joy gel to my hand as she smiled this peculiar strange sadistic sneer at me, but alas my first visit was without incident.

 

Today, this same young woman was there but the smile was a bit broader as I bragged about what a good boy I was doing her somewhat challenging exercises. Too lull me into a sense of false comfort, she had me submerse my hand in warm wax and wrap it in saran wrap. She then grabbed my hand and I swear I could here the wicked witch's voice say "Come here my pretty!"

 

Then she took the last knuckle on my pinky and bent it down and I almost collapsed in pain. All the while, the sadistic smile kept beaming at me until I cried "UNCLE!" To which she gave a wicked little chuckle and shared with me the fact that one of her patients referred to her as, "Hilter's little helper".

 

I never knew the pinky could cause so much pain. Seriously, it was excruciating. It felt like a quick but deadly gout attack in the knuckle of my pinky. Kristy explained the alignment of the tendons by drawing black lines on her hand, which got me thinking she has a hidden Goth motif shallowly buried beneath the cutesy persona.

 

After a few minutes on the verge of passing out, she returned to massaging my hand until I let my defenses down and then she attacked again with much more force.

 

Charles Manson's Love Child just kept bending the pinky until I would squirm and jerk in the chair and then that inexorable laugh would chirp out of her lips as I wreathed in pain.

 

Then as I was thinking our hour was over, she got out ice and a Stem Machine (aka electronic muscle stimulation machine) which she hooked up to me and covered in a wrap of near absolute zero liquid nitrogen (It may have been ice, but it was really cold). Now she did this under the auspices of keeping the swelling down and to ease the pain. But I knew the truth!

 

There was another patient on my left, so now she could electrocute me and give me freezer burn while causing great bodily harm to the poor lady on my left. Her dream in life is a longer table where she can torture a multitude of people simultaneously.

Let's Go To The Market

 

Did AAPL find support at $465.00?

 

We were kicked out of SYRG, but is this another buying signal?

 

Did Buffalo Wild Wings drag McDs to a nice entry point?

 

Is AMZN buy-able now that its back up over $260.00

 

Is the current lag in DE a buying Opp?

 

What pants should I wear tomorrow?

 

Ok I have no clue as to the answers to those questions, but it is an illustration as to how my mind works. Yeah, scary.

 

It seems like the more people keep saying we are due for a pull back, the more the market keeps creeping up. So what do you do as a trader. Well you all know rule one. DON'T FIGHT THE TREND.

 

Yes if you enter a position now, it might be a short trend if the market corrects, but let's take a look at a few examples.

 

CMCSA, Comcast, one that Jerene and I looked at very closely last week had a crazy volatile day, being up 9% at one time today. We did not know about the NBC Universal deal, but felt their earnings might be impressive.

 

Or, let's say you were following the XONE, Exone IPO from last week and liked what you heard about the 3D printer Market and the more established PRLB ProtoLabs Inc. If you bought some PRLB as a swing trade, you'd be a happy camper today.

 

Or if you had listened to Cramer when he pimped MASCO last week, you'd be looking pretty smart this week.

 

My point is that there will be a correction. There ALWAYS will be. BUT when the market is flying the green flag (See it over there at the top on the right.), don't fight it. Most of us cannot time the market, don't try.

 

If you got into any of the stocks mentioned above and they went the other way, that is why we use protective stops. I lost 2.4% today on our play on SYRG. I am still looking at it's potential to be a $8-9 stock. Recent insider buying supports that theory, but we have to figure out why the recent drop below out stop?

 

Now if you don't want to get in at the moment, at least protect your positions. We are doing quite well with our swing trade pick from three weeks ago, MPW. We are currently up 5.2%. Yesterday we moved all of our stops up on this stock and now, we cannot loose money on the position.

 

We will cash out when we hit our target of 14.80 and we thing it could be as early as next week. That would be a 10.7% gain in one month or 120% annualized. Ain't this fun.

 

Ok here was a trade we made earlier today. CAUTION OPTIONS ARE NOT FOR EVERYONE. The was large paper (a trading term for a big fund buying large blocks) of a July 50 call option on the big pharm AZN.

 

That means that smart money, the casino managers are betting that AZN will move toward 50 between now and July. The stock closed today at 45.69. The call options cost me 60 cents. (I was hoping to catch the 55 cent range, but got impatient,) I have a stop at 40 cents and will ring the cash register at $1.00


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