Into the Belly of the Beast ...

That means I'm going to New York City for a few days - "The Beast" is New York and its belly is Manhattan. The next post wil be Thursday morning.

Not much is going on. I keep hearing that the market rose Friday because the jobs report was "good". That's weird. The number was negative and unemployment was about flat. Oh well, it's probably just boob bait for homo boobus. The press writes headlines and stories that sound like they "should" be true, not that are true.

I think the rally was short covering by a large number of traders who were positioned short expecting a worse jobs number. Without that confirmation to bring in new sellers, they had to cover.

Over the weekend Krypto did her numbers - she pushed the button with her paw - and came up with some sell orders for me. She says I need to sell some emerging market funds, and some gold/silver. I will obey. The money goes to cash.

Book of the Week

Changing Military Patterns of the Great Plains Indians by Frank Raymond Secoy. this short book (a bit over 100 pages) covers Indian tribal warfare from pre-European periods and how it evolved as the horse and gun were introduced. In this process, many Hollywood myths of the Plains Indians get shattered. The book also provides good, hard information on military patterns of other areas, such as the woodlands tribes (Iroquois, etc.). As a dividend, this book provides a good overview of history of the American Indian tribes and conflicts for the great central heartland of the US.

Word of the Day

"Décolletage" - noun [$10]
Décolletage means a low neckline of a woman's dress, etc.
Sentence: Congressmen flock to talk of more money for earmarks as quickly a man's eyes focus on the décolletage of an attractive woman.