Looking at the index charts I again wonder if the Nazz isn't about to lead while the S&P & Dow rest. At least the big cap Nazz stocks, as the Russell seems sluggish. My Nazz big caps are AAPL, GOOG and ORCL in the Alpha Fund.
Rains have caused selling in corn. Wheat has gotten dragged along. Still sticking to my positions but I "should" have traded more aggressively. Oh well. That's harder for me now.
Remodeling & improvements here to my bunker & defenses seem to be winding down. Thank goodness. I was being driven loony by all the people working around here & the deliveries & general annoyance. At last maybe some peace.
I plan to drive to Ohio on Monday for the week to visit Mom. Posts might be sparse, but I think I will take a laptop. I'll take Spike, too. She's a real trooper on road trips and is good company.
Lyndon reported to consider closing Gitmo. What a weak-minded boob! I guess he's trying to create a "legacy" and be loved by the press, like Jimmy Carter did for years after his disastrous leadership. Ugh!
PS: S&P Futures down about 1/2% reportedly on more "concerns" about Bear, Stearns beefers & mortgage bond CMO liquidations of exotic securities. The report says that BS [sic] offered to assume $3.2 Billion in liabilities of its beefers. Very odd. Something seriously wrong there. I wonder if BS [sic] has a lot of inventory in similar securities? BSC [the real ticker] might be under real pressure today. Shorting is for you traders, but I'd look at it.
PPS: I have to reiterate that the GOOG chart & fundies seem really good. Some news this AM says their search data for May was very strong. GOOG chart shows a fine bullish C&H. Blue skies over 526. Full position in my Alpha Fund.
P^3S: Looks like stops and/or panic selling in corn. It's raining in the midwest. But July is when the corn crop is made or ruined - that's when yield is determined. Leaning towards buying some more today. The ridge still looks OK [beware - weather is weather & can change]. Moderate temps in the big eastern cities is hurting Nat Gas. Ugh. Giving back some gains in the commodity account. Holding for July heat here. :-(
About Me
- Bunkerman
- I have a pioneer mentality. My wife & I live in the woods - neighbors aren't visible except slightly in winter. Our "bunker" - hehe, really a fine home & barn - has plenty of security. We have four dogs: Krypto (age 9, Kelpie), Ava (age 13, Rat Terrier), Sky (Kelpie, age 5) and Lucky Star (age 1, kelpie). I don't take crap from anyone anymore, having enough resources & gear stocked up to survive in any circumstance. I have three degrees from Harvard including a Ph. D. in a physical science, and an MS in Management from MIT. I worked as an investment banker for about 25 years, mainly in secured finance, at three major Wall Street firms and for the last 17 years with my partners at our own firm. I'm semi-retired now, managing some private corporations and business interests and doing my own trading & investing. This is not to boast, but to give you an idea I know a little about some subjects from experience. The photo is my 1943 M16 half-track which I am restoring. These armored vehicles were ubiquitous in the US Army in World War II and Korea. It's driveable.
42 comments:
Are you gonna buy more corn and wheat on this dip?
Finally saw FestivalExpress last nite. Excellent flic Mern! ( I'll have it on again today during work). Some great performances and really made me wish I was on that train in 1970. Jerry looked so young and healthy. Forgot how much energy Janisjoplin had.....what an amazing voice. That last scene with her and Jerry was kind of sad. But as I always say.....without drugs they wouldn't be such great musicians. You really think Jimihendrix could play the guitar or Jimmorrison could sing like that on milk and cookies. No way! I know as a fan ...concerts are much much more fun for me when i'm on...uh...'chemical stimulants'. In fact, watchin the movie last nite made me wanna do some LSD. Lolololol
The corn is a little below last buy on the limit down move a few days ago. The wheat re-buy has a profit. Wheat yields are coming in low in the early harvest. The hot, blocking ridge looks good for next week and into the first ten days of July, which is corn pollination season.
I'm not sure if I'll buy more or not. I could as the postion size insn't out of line yet. But my trip to Ohio next week makes it harder for me to follow events.
A mushy answer, but that my reality. "Maybe"
ya the LSD definitely created new directions for music in the 60's. i used to take it so much ive played in soccer matches and skied (out west) on it. when u do it frequently u can actually act pretty straight. the soccer game i scored in. had a break away and when i took the shot, i caught the coolest trail off the ball. i cud see where it was going before it went in. and in colorado, that was a bit unsafe to those around me becuase i was skiing about 45 mph in full tuck, LOL, looking at rainbows in the snow.
i wud have absolutely killed to see the dead in 65-66. they used to blow LSD onto the audience back then with big fans.
notice how jerry had the phat smiles and was practically in every jam, in every car. hes was fine till he tried heroin in 73.
janis just kicked some serious ass in that movie.
when she died the robert hunter (garcias song writing partner) wrote "bird song" which is a tribute to janis. pigpen and her used to keep bobby up at nite when they lived in the haight, in SF. they wud go at it all nite, bob was in the bedroom below them and never cud get any sleep.
ive been up all nite watching tv (the summer of mern rules!) i watched JFK (basically) twice, LOL.
so bunkerman, was there a 2nd gunman on the grass nole or what? i know oliver stone took so many creative liberties in that movie its stupid. but when peter jennings tried to debunk stones spin he never covered one thing. if u get shot in the back of the head, from a bullet coming down from the book depository, y wud kennedys head go back and to the left? and then the bullet came out his forehead, so it went up, after impact?
i dont know anything about guns, but it wud seem the movement of his head wud indicate a shot from ground level and not the 6th floor of a building
Mern....the republican party was behind the 60s assassinations. They hated the Kennedy's and hired the mafia to kill Jack and Bobby. And the assassination of MLK was a triple-joint operation of the GOP, FBI ( hoover hated dr king) and the KKK. There is no doubt about that.
No second gunman. Castro set up Oswald to do it, then got Ruby to cover up the setup.
The body's reaction to bullet impacts is not simple. The exit creates a jet effect that can overwhelm bullet momentum. The actual imparted moemntum by a bullet passing thru is not all that much - since it "passed thru".
Hitting bone & stopping is easier to see.
I was shooting a plastic jug with a 9MM MG a couple days ago. I hit it about 20 times - the jug just sat on the table as the bullets passed right thru. I've shot gallon jugs full of water. Sometimes they just sit still & leak but somtimes they just burst in place, depending on the bullet & its energy. Only a hard target like a bowling pin will jump back, since it stops the bullets.
Too much theorizing by inexperienced shooters, imho.
To clarify: the exit "jet" will impart momentum in reverse direction.
Then also body's reaction caused by nerves is complex and unpredictable.
ok that makes sense. kennedy made a very long list of enemies just getting into the white house.
finding out more about the brookstreet the blow up. basically 3 brokers blew up a firm of almost 900 brokers.
butter can kill especially when u do crazy crazy crazy unethical things. UGH
Oh, Bud. The R's ???
LOLOLOL. They were controlled by the liberal Rockefellers at the time.
It was Castro for revenge. And then the Warren Commission covered up that evidence to avoid a war with Cuba that might have involved the Soviet Union.
That's so obvious.
i have an totally 100% mint life magazine from the week of the assaination. i found in 2001 when cleaning my moms house out. it probably hadnt been touched in 63.
its sooooo cool reading that spin, at the time. the pic of ruby shooting oswald, amazing.
wonder if thats worth anything. i wudnt sell it becuase i think its so cool. also have a mint condition of princess di's wedding album from what 78? book hasnt even been cracked yet. wish i had a record player my dad had mucho beethoven, mozart, bach, etc on a still pretty mint records.
Wow Bunkerman you really are naive. You really think the Soviets would have allowed castro to kill an american president? Not a chance. The right wing in this country hated the Kennedy's with a passion. You do know that...don't you?
bud u r too funny! i guess the repubs r responsible for aids, and ebola too.
remember i went to dayton. u went u terror camp in pakistan. bunerkman got about 20 yrs on us, and degrees from havard and mit.
thats why he is rich and we r pikers. i just got really lucky and was smart enuff to know im dumb and gave up before giving too much back
LOL
i think the mob probably hated kennedy the most. joe used them like a cheap date
if kennedy was truly for pulling out of vietnam and ending the "cold war" i cud see y russia wud want him dead. just look at what happened to thier economy once the military build up ended and communism fell. im sure they werent for peace in 63,or even today for that matter
Why would Castro have asked the Soviet Union for permission? He was a bit wild and was pissed at them for pulling the missiles out in 1961.
Bud, you're delusional at the power of the "right". They has their Goldwater delusion working for them at the time.
That commie Castro did it ;-)
By the way, those shots & timining were by no means "impossible" as the conspricary nuts say. At that range, any trained guy could do it. And Oswald was a trained Marine. NP.
roflmaoo....'delusional'. Castro/oswald did it.....lmaoooooooooo
lil bush did it!
man meisler, arms and rev been bearish all yr. i use mucho fundy thinking, they r technicians. how can a true technician have been bearish all yr?
even since i left the tank, ive read rev on rm and he says there r never any gud set ups out there. i think these 3 suffer from merniteis. overthinking the macro
hey the phillies just have 10 more games to lose to hit 10,000.
double doh :-(
Hugh Mulcahy, RHP
No way to leave off a man whose nickname was L.P. - for Losing Pitcher. He was the ace of the Phils during the '30s, a decade where they lost nearly 1,000 games. In a four-season stretch, from 1937 to '40, the sturdy righthander went 8-18, 10-20, 9-16 and 13-22. As Roger Craig said after losing 24 games with the Mets, "You've got to be pretty damn good to get the ball that many times." Hugh would be called an "innings eater" today and make $7 million a year.
lol
I think it's ego, Mern, plus the inability to adjust to a different type of market. This isn't a late 1990s style of bull market, nor a choppy bear market like 2000-2003.
I was telling Mrs. B. last fall that it's "my kind of market", having lived thru the 1980s disinflation.
A true technician would get on the trend. Some big egos have an inability to admit error.
Plus I reiterate the computer trading is messing with all those numerical technical indicators big time.
makes sense. ive just stopped caring. and watching BKST blow up this week and my exmanager/friend isnt sleeping becuase he doesnt know where his next check is coming from has me singing 9-5
Sounds like other firms might want compliance & risk management people - knowledgeable people to snoop out rogues - they like to CYA when another firm blows up. ;-)
im betting on that :-)
GE 1234? volume a bit heavy on pullback. punted 2/3rds of what i got at 38 at 39.50 ish. slutted SLV for almost 2 beans.
BX id short if i was playing, and if i cud get any, like bud
LNOP chart looks very interesting and no news. took a 500 share mark. lol
wow does the weekly look gud. this is si's and dooz kinda chart. maybe they r selling some chips after 6 yrs of trying
I'll be away for a couple hours. Mrs. B is taking me ... shopping :-(
be sure to do an inflation check.
ned reily smokes crack, daily
frankly bud and bunkerman if i cud pick one place in the world for a nuke to off, it wud be DC!!!!!!!!!!!!
even if we have to break many eggs to make just an eatable omelett
the dems and the repubs (although im still reg rep) in dc, need to die!
they r friggin retarded and my iq is a buck 18.
UGH!!!!!!!!!!!!!
bunkerman do you currently have any positions in silver/gold other than small markers? I admit I am a gold bug, and I know this time of the year is not the best for the metals, but I like how the stocks are starting to leading the metals a bit...this is usually a sign of higher prices....the XAU is close to breaking its downtrend line...I have small positions and will add aggressively on a trendline break...your thoughts are appreciated...
I think Bunkerman had a pistol match.
lol..pistol match
"Hey Dusty....check this out..lets see if I can make the ol 3...10 split"
I wonder if bunkerman could have outdueled Aaron Burr....
Darn. Back poorer. I guess if I was a smart trader, I'd have figured that BSC news might knock stocks down. :-(
mfl, I have a LOT of physical gold & silver long term. I'm looking to buy some futures this summer, but have been watching. Physical gold demand starts in the fall agfain. I'd like to be in by then.
I am going to buy more physical gold after Oct. for long term.
I buy American Eagle coins.
I wsa thinking this morning about buying some gold futures, mfl. But held off. The weekly chart looks like it needs some work. Also, the beefer liquidations might hit it. So I waited.
I think "they" might try to run stops at 650, so am a little timid right now. Maybe soon.
If I buy any, I'll post it.
Re Aaron Burr, I don't have a lot of practice with those old black powder pistols. They are fun to shoot, though.
You have to careful cleaning loading them to make sure you don't have crud in your pan & flash hole.
In a duel, having a "flash in the pan" would really suck ;-)
I am a pretty good shot with the old "Brown Bess" musket, though. It fires .75 caliber musket balls - really big balls ;-)
Bought some S&P eminis at 1515. This selloff seems stupid. Hope I'm not the stupid one.
Off to Ohio Monday AM early.
Maybe I'll check out some corn crops while I'm there ;-)
McDonald's & the best pizza in the US - what fine food for a road trip !!! ;-)
safe trip Bunkerman...great weekend to all
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