Thursday, July 8, 2010

Whither Now ?

On Tuesday Krypto went shopping for US stocks and yesterday Ms. Market rewarded her patience. Is it party time - will Ms. Market start dancing on the tables for a summer rally ?

To this person sitting in his bunker in the deep woods, that outcome seems quite possible. The world has been treated to months of doom & gloom; the permabears have been feeding for too long. Newsletters seem rather extreme now. Why can't the US and world just muddle along and start a decent recovery late this year ? IF SO, a summer rally to price in a better outcome can occur.

The future is not certain - nothing is written. BUT barring new bad news, I want to be long & strong and hold my stocks for awhile.

Word of the Day

"Cacochromatic" - adjective [?] a Mencken word
Cacochromatic means having or displaying a jumbled, unpleasant mixture of colors. The word is formed with the [Greek] combining form, caco-, meaning bad, and chromatic, meaning colors.
Sentence: Perhaps I am truly an anachronism, but to me, lights shows are cacochromatic crap, to be enjoyed only if one hits the bong hard, like the cacophony that is much modern jazz.

25 comments:

Bunkerman said...

still over 450K new jobless. The economy is still stuck in the mud.

Frosty said...

written like a true closet permabear waiting to flip inventory to the common man purchased off an extreme bearish condition...you should feel great shame sir...you and your beefer ways.

Bunkerman said...

How can I be a perma bear if I'm now long & strong ?

I buy stocks the beefers sell in panics adn then sell it back to them at high prices.

Maybe I'm a baby beefer pirahna ? lolol

Frosty said...

"I'm a baby beefer pirahna"...think uncle jed just struck black gold...load up the truck granny we heading to 90210.

mfl59 said...

Bunkerman when are you going to make a trade in the 1-2-3 account sir? its been a long time...

Bunkerman said...

I haven't had any good, stock specific ideas.

My non-profit work with a couple of HS friends is taking a lot of time, as was business until mid-June. Business is on cruise control now - simple collections.

The non-profit should be on cruise control for awhile by the end of July, so perhaps my little grey cells wil start working on stocks again then.

Frosty said...

front page the long term inwestor rap...comments where nonono one visits...pirahnastyle...anyone else notice the closet homosexual tendencies.

Frosty said...

any kickball today Bunky...men in shorts...ooohhh bike riding perhaps...junk on display indeed.

maverick said...

Bman....just got the helmet!!!!

It's BEAUTIFULLLLLLLL!!!!!!!!!!!!

THANKS!!!!!!!!

Bunkerman said...

glad you like it, mav.

Bman delivers on his promises.

USA USA USA

Bunkerman said...

actually, frosty, I'm planning to clean my Ma Deuce for this year's shoot in VT mountains.

Frosty said...

Ma Deuce...every fith round a tracer?...what type burst pattern you use to walk her in...tap twice to target and fire for effect...kill or be killedsytle.

Bunkerman said...

Yup, re tracer - most of mine is APIT.

I usually "skip" it in for the traverse with doubles, but use the elevation for up-down control (I'm well-practiced on it).

I fire a couple rounds and adjust until on target (I like to go for the oil pan to light them up - the APIT does that beautifully).

The blue tipped tracer works great, too.

Bunkerman said...

I have so nuch APIT, API, Inc in my bunker that I use more than 1:5 - often 1:2 for more fun.

Frosty said...

often 1:2 for more fun...burn your barrels up indeed...what's a new barrel run.

Bunkerman said...

I have a lifetime supply in my bunker, frosty.
don't know how much nowadays.

They last thousands of rounds. We run them until they are almost smoothbores

;)

Spin-em said...

would I be outta line to say get a room??


looooooooool

Spin-em said...

gfy spin.............LMAOOOOOOOOOO



Sorry Mrs B

mfl59 said...

Bud have you enjoyed watching the World Cup son?

Who do you like in Sunday's final?

mfl59 said...

Bud Bethenny is getting married tonight...Does that excite you son?

Spin-em said...

lmaoooooooooooo....sad I know what ur talkin about

mfl59 said...

Bud who do you think Aly will choose to be her husband? Roberto?

mfl59 said...

Bud are you excited for October? Dunkin Donuts will offer its famous pumpkin spice latte.....ummmmmmmmmmmmmmmmmmm

Spin-em said...

I hope... I can make across the border....I hope... to see my friend, and shake his hand. I hope.. to see Deena's eyes that are bluer than the Pacific...I hope.....

Spin-em said...

Shawshank/NJ HOUSEWIVES combo...nutten???? pffttttt loool