At long last, Spring has arrived - at least astronomically, as the vernal equinox occurred Friday morning. The crocuses are coming up as are the daffodils. Afternoon temperatures here crawl up to 50F. But there are still winter risks around as overnight temperatures still fall to 20F.
At the risk of being wrong again, I wonder if a new bull market has begun. Who is left to panic ? Companies with cash are buying beaten up firms. China is buying up resources at cycle low prices. A WSJ story over the weekend reported multiple bidders for homes in some California locations.
Obama got stuffed by Iran. Perhaps the Bloviator might now realize Iran plays by its own rules, which its leaders believe are divinely ordained.
Timmy introduces his asset purchase plan this morning. I await the details. I surmise that he will use the rumored $100 billion of government money as a first loss position to get private equity for another 10% equity, and then get a 1% nonrecourse loan from the Fed for the remaining 80%. Private equity would control the bid prices. The government would share in profits pari-passu. This is my guess (and how I would try to structure it). Details later this morning.
Obama Fund is fully invested at 150% long. Fido Fund is fully invested at 150% long. Krypto Fund needs new money in April to top off its stock and real estate investments. I expect Krypto Fund will be a buyer of stocks & real estate all year as new money flows into it.
Word of the Day
"Risible" - adjective [$10]; DO NOT confuse with irascible.
Risible means 1. a. capable of laughing; b. disposed to laugh; 2. arousing or provoking laughter: FUNNY; 3. associated with or relating to or used in laughing.
Sentence: We don't need a risible plan out of Timmy - we need a workable one.
Le Mot du Jour
"Lueur" - noun, feminine
Lueur means glimmer, (faint) light, glow
La Phrase: L'homme du bunker voit une lueur d'espoir qu'un nouveau marché haussier à commencé ce mois.
Sentence: Bunkerman sees a glimmer of hope that a new bull market began this month.
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.
59 comments:
mark mobius says the new bull market has begun
I guess he reads this blog.
;)
I wonder how long it takes the beefer bears to roll out their marionette, Molotova.
I'd guess at 3PM to coincide with a bear raid.
Obama's last words to Fast Timmy this morning...."Now dont fkk it up again you half a fag"
a good sign that things are getting better.............the last couple times the arsonist appeared on tv.........the market had no reaction
i'll check later...........but did i see a headline somewhere that A-fraud connected to a madam ?? client # 155 ??
i miss A-fraud
PS....why 155?? cuz that his batting average in october
swing already improving
new purchases this weekend.........
callaway u-pro gps = 379bux
cleveland cg-12 wedges 50 and 54 degrees = 225bux
'thanks jim'
ummmm......last lesson
we spent 20minutes on my grip .......lmaooooooooooooooooooo
'400bux for 5 1hr sessions'
didn't get to CAB
but that is still happening...........i will be locked and loaded for the coming depression
PS......Bman i shud take some beginners lessons for firearms....correct???
'ops expo'
pfffffffffffffffffffffffffffffft
Yes, take some lesssons. This is one "sport" that one should not self-teach.
glad to see you are supporting the economy buying some durable goods, Bud.
tlaking to my local gun shop owner a couple days ago, he said ammo, guns are flying off the shelf. And now hard for dealers to obtain to sell.
His distributor told him to quadruple ammo prices.
Happy days are here again
The skies above are clear again
Let us sing a song of cheer again
Happy days are here again
Altogether shout it now!
There's no one who can doubt it now
So let's tell the world about it now
Happy days are here again
Your cares and troubles are gone;
There'll be no more from now on
Happy days are here again
The skies above are clear again
Let us sing a song of cheer again
Happy days are here again
a great song from the early 1930s, spin.
Perhaps it will replace, "Brother Can You Spare a Dime?" as the Song of the Market.
quadruple ammo prices.
OLN makes ammo for Winchesters bunk
Ammo is most certainly in short supply here. And that is saying something in Texas where u can buy it by the pallet at gun shows. Small pistol (380,9mm) particularly short. Moot point for me ,I have enough to take an hold a small Dutch province for a day or so......
I know, spin.
Ditto fo rme, teja - I stockpiled for all my firearms about a decade ago.
But for .308, I only have about five years supply as the 1919s, 1917 and '60 do use a lot.
ohhh ok....didnt see it in the Obama fund
mfl will be happy to hear Vince bullish
Yes Vince Farrell is a really sharp guy...Bunkerman I suggest you give him all your $ to invest...
I mean....has this man ever been wrong?
hhhmmm...aazzhead in the market for ammo...is that a top...I think so.
re OLN: I don't own it, but I know they make ammo, among other things.
'i think so'
listen you prick.........don't steal my lines.....you don't know jack
anyway........i don't need no ammo to ....ummmm....
'knock your teeth out'
the problem is that the Military is sucking up all the excess ammo capacity, probably with contracts, so I'm not sure how much OLN would profit.
Another cause of ammo shortage is restrictions on imports of military surplus of other nations.
It's a trade.
forgot to include in post: Fido Fund is 150% long, too. Amazingly, it's up nicely for the year.
ATK is military upper right to lower left...think BO cutting
OLN lower left to upper right think WOLVERINES!!!!
lmaoooooooooo ATK upper left to lower right
cant do mfl's boy Gartman joke rightht
Bunkerman may I assume you are locked and loaded in BX?
I have no BX.
My fins are Fido: JPM, HBC; Obama CIT, MS, FCT
No kraut belt feds Bunkerman?
About ATK Armament Systems
Headquartered in Utah, ATK Armament Systems is the world’s largest ammunition manufacturing entity generating approximately $1.5B annually in sales. The organization manufactures small caliber military ammunition, medium caliber military ammunition, medium caliber gun systems, rocket motors, ammunition propellants, commercial and military smokeless powder, law enforcement and sporting ammunition, ammunition related products and is the operator of two U.S. Army ammunition manufacturing plants. The organization employs approximately 6,000 people
no, I mainly stick to US, uzi being exception.
for US there are plenty of parts, and that's enough for me. More would be hard to take care of.
the operator of two U.S. Army ammunition manufacturing plants.
one of those in gmacs hometown....I saw his application..lol
YHOO hcp in free fall...purchases justified geithner style...if your not cheating your not trying.
aazzhead in the market for ammo
LMAOOOOOOOO I just saw that
Donny D?...wheres your lemon Easter bonnet and white gloves?
'yhoo hcp freefall'
lmaoooooooooooooooooooooooo
ummm.......well........that's true......ya....a rangefinder and new wedges will stop that
what's the matter spin ?? you gotta f'ng private email
"come on bro......you ain't laughin at my shit.......no more ops expo open interest spreadsheet for you"
ass-kissing douchebag
sorry spin.............that was a bit harsh..........and un-called for
'call off the dogs'
ballllll four..outside
youre losin it Tiant
lmaooooooooo
Bobby Jones played with wedges that had hickory shafts....he used the 100, 150 and 200 yard marker as his gauge for distance...
Buddy Jones....150 5 iron
rangefinders are useful for sniper work over 300 yds, too.
why does Timmy have marbles in his mouth?
Is this Bud the Florida/FT lauderdale Bud?
Bunky...so your stupid rich freinds from the club rush back to their now govt funded beefers ...they are so under invested going into month end...guns blazing indeed.
NTRS,AIPC op ex play...waaaaaytagobob!!!!!!
no wait.....smoooooooooch
LMAOOOOOOOOOOOOOOOOOOO
840 is 540 degrees up from 666...in case any of you guys were wondering
"Rev Shark Will Return Later in the Week"...sitting tight on my 100 SDS shark market timing fund, only down 30%, lots of cash...sitting on pin and needles until your return...thanks Jim.
end of quarter, too, frosty. They have locked in permanent under performance, perhaps ?
Also, being near EOQ, this might signal the hedge fund liquidations are over.
jeez, mfl ... in that some Mayan bs ... or a Gann wheel, or ?
the public liquidated, too. As did all the listeners to Lemberg ... ooops, I mean Limbaugh.
what is that sucking sound...SKF breaks par...oh my, LONG LIVE THE SKF KING.
When is Molotova coming on ?
Post a Comment