Uncle Soy's Duck Blind II (PATO)

[Brad S]

[Brad S]

Feb. 17

[Brad S]

14 geese dropped in the snow.

[Brad S]

Couple Blue Bills today.

[Brad S]

Woooo doggy was it chilly out this morning.

[Brad S]

Seems like I'm the only one putting meat on the table around here. Soy, where the hell are you?

[Brad S]

Couple blacks.

[Brad S]

The perfect day.....25 birds down in an hour. The little guy is holding up a band from one of the birds.

[Brad S]

Only two greenwings today.

[Brad S]

Not a whole lot of action today.

[Brad S]

Time to start filling up the blind again.

[inflationista]

new NNVC target 1.27 -

[Brad S]

Yeah, very nice. I'll have to spend more time there when I get a chance. I especially liked the title of your May 23 blog. LOLOL!!

[inflationista]

indeed - have you seen my blog yet?

inflationista.blogspot.com

[Brad S]

$1.56....close enough for government work.

[inflationista]

NNVC TA 5-19-2010 - next stop 1.50 CHOO CHOO!

[Brad S]

Have You Ever Danced?
>
> An old prospector shuffled into the town of El Indio, Texas leading an
> old tired mule. The old man headed straight for the only saloon in
> town, to clear his parched throat. He walked up to the saloon and tied
> his old mule to the hitch rail. As he stood there, brushing some of the
> dust from his face and clothes, a young gunslinger stepped out of the
> saloon with a gun in one hand and a bottle of whiskey in the other.
>
> The young gunslinger looked at the old man and laughed, saying, "Hey old
> man, have you ever danced?" The old man looked up at the gunslinger and
> said, "No, I never did dance... Never really wanted to."
>
> A crowd had gathered as the gunslinger grinned and said, "Well, you old
> fool, you're gonna' dance now," and started shooting at the old man's
> feet. The old prospector, not wanting to get a toe blown off, started
> hopping around like a flea on a hot skillet. Everybody was laughing,
> fit to be tied.
>
> When his last bullet had been fired, the young gunslinger, still
> laughing, holstered his gun and turned around to go back into the
> saloon. The old man turned to his pack mule, pulled out a
> double-barreled shotgun, and cocked both hammers. The loud clicks
> carried clearly through the desert air.
>
> The crowd stopped laughing immediately. The young gunslinger heard the
> sounds too, and he turned around very slowly. The silence was almost
> deafening. The crowd watched as the young gunman stared at the old
> timer and the large gaping holes of those twin barrels.
>
> The barrels of the shotgun never wavered in the old man's hands, as he
> quietly said, "Son, have you ever kissed a mule's behind?"
>
> The gunslinger swallowed hard and said, "No sir..... But... I've always
> wanted to."
>
> There are a few lessons for us all here:
>
> Never be arrogant.
> Don't waste ammunition.
> Whiskey makes you think you're smarter than you are.
> Always, always make sure you know who has the power.
> Don't mess with old men, they didn't get old by being stupid.

[Brad S]

Parking this here for future use.

[inflationista]

letter to obama from this morning (whitehouse.gov/contact):

President Obama -

While "spreading" aid in the form of government stipends and mandated earmarks for housing relief, please consider how the fiscally responsible feel.

I grow ever more weary of my federal tax dollars going anywhere but for causes of the preservation of global democracy.

Like pigeons, giving free aid simply for the idiot to arrive and take breeds and positively reinforces laziness. We have seen this for years in medical malpractice and workers comp suits whereby the marginally employed (abuse the system) and take the hard working to the cleaners. And again we see this with food stamps where having greater numbers of illegitimate children rewards the bearer with increasing handouts all at the cost of the common tax paying man.

I feel like I see in you a pragmatist, though your agenda is railroaded by pandering to Wall Street and your increasingly liberal Democratic Party.

There come times when the government must admit its fault. Now is that time. The GSE's need to exercise every contractual ability to return falsified mortgages to their original preparers and let the banks solve these problems on their own.

If the banks feel they can sit on all of this shadow inventory and come out ahead, let them.

Generational changes such as fiscal responsibility do not come from fringe pain, they come from deep, personal regret precipitated from personal action.

Action > Reaction > Lesson in that order.

[inflationista]

no pictures till the deal's done but fully timbered, upland, year round running creek - it's tits dude -

[Brad S]

Wow, sounds nice.

[inflationista]

i am looking at diversifying into about 250 ac. in oklahoma - black bear, deer, mulies, pigs - i hope i can make it work -

[Brad S]

Wealthy maybe, I don't know about the rest of it.

[inflationista]

no, no excuse for it either, all work and no play ... makes a man healthy, wealthy and wise, right?

[Brad S]

Did you do any duck hunting this year? We had a shitty season here, the ducks hung tight up north and didn't come down.

[inflationista]

http://www.oldschoolvalue.com/investing-strategy/negative-enterprise-stocks/?source=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+OldSchoolValue+(Old+School+Value)&utm_content=Twitter

[inflationista]

form 4 codes: http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_R/threadview?m=tm&bn=15794&tid=78204&mid=78222&tof=3&rt=2&frt=2&off=1

[inflationista]

quality post: http://seekingalpha.com/article/160823-megatrend-companies-summary

[Brad S]

Get the blind cleaned out, the feathers will be flying soon.

[Brad S]

I kinda agree with this summary. Sorry for my delayed response, was getting the X2 all slicked up and ready for action. :o)

[inflationista]

short + sweet: http://www.mybudget360.com/sp-500-over-priced-with-97-of-companies-reporting-q2-earnings-the-pe-ratio-is-now-at-129-the-most-over-hyped-market-rally-ever/

[Brad S]

Absolutely agree on both accounts.

[inflationista]

but they are always 4 times more valuable than the rest of the schlok that gets thrown around these boards -

days are getting shorter, sir, time to clean out the safe and oil up some steel -

[Brad S]

You always make posts that are twice as long as my attention span. LOLOL

[inflationista]

End of Day Checklist

From The Master Swing Trader II: Market Survival Toolkit, Republished with Permission; McGraw-Hill March, 2010:

Here’s a common scenario. The equity market is winding down toward the closing bell. You’re sitting on a bunch of stocks but don’t know which ones to dump, and which ones to hold overnight. It’s the perfect time to ask ten questions to determine your exposure heading into the close.

1. Did you buy in quiet times or wild times?

It’s better to buy stocks that are relatively quiet that day, in hopes of catching a big move in the following session. This makes them less vulnerable to profit taking or a reversal. Alternatively, if you’ve jumped into a rally or selloff, it’s harder to predict where price will open the next day. In fact, you have about the same odds of making and losing money. The bottom line: it’s never a good idea to hold overnight on a 50-50 coin-flip.

2. Did you miss your first exit?

Profitable exits come in cycles. In other words, your position will move to a point of maximum profit that’s easy to miss if you get too greedy. It then drops away from that price, while the intraday clock ticks toward the closing bell. Holding overnight lets the stock recycle, so you get another shot at the exit you missed the first time around.

3. Is the market closing with buying pressure on the upswing or downswing?

Look at the 15-minute index futures. Do the 5-3-3 Stochastics rise or fall into the closing bell? Falling Stochastics suggest the market will open weaker in the following session, while a rising indicator predicts even higher prices when you wake up the next day.

4. What day of the week is it and what’s on the calendar?

Look for reversals or whipsaws on turnaround Tuesday and continuation of Tuesday’s trend on Wednesday. A strong close on Friday should yield a strong open on Monday, except after an expiration week, when Monday’s session often reverses Friday’s close.

Pull up the economic release schedule for the following day. Many reports hit the wires just before the opening bell. Consider how important that data will be to the market. For example, the Producer Price Index (PPI) has its greatest impact when traders are nervous about inflation.

5. Who’s getting hurt in the current session?

The diabolical market puts its target on a different back each day. That’s why selloffs rotate across diverse sectors in a typical trading week. For example, a Monday opening might be punctuated by numerous downgrades in the lodging and resort stocks. Use this type of information in two ways. First, look at the performance of open positions in targeted sectors. You’re in good shape if they hang tough while other components get crushed. Alternatively, take profits when a kissing cousin of the sector gets pummeled. Here’s an example. You’re long a cruise ship stock when the lodging group gets downgraded. Chances are the hotel selloff will eventually expand into your sector.

6. What is your holding period for the position?

Stick with your trading plan. Did you set a holding period and expected reward target when you picked up the stock? If so, don’t allow that day’s noise to interfere with your strategy. In particular, don’t base your decision on the current profit or loss, as long as your reasons for owning the stock, or selling it short, remain intact.

7. Which companies are reporting earnings after the bell?

Get out of the way if your stock, or a leader in a related sector, is scheduled to report earnings. Trading is never about gambling or “taking a shot”. It’s about assuming risk when you have an edge, and the odds are in your favor. Absolutely no one can predict the market’s reaction to a single earnings report with any degree of accuracy.

8. What total size should you carry overnight?

Decide how much risk you can handle and still get a good night’s sleep. Consider how much danger there is in the market at the specific time. Are you trading quiet conditions or an environment where everyone is walking on pins and needles? For obvious reasons, take home smaller size during periods of higher volatility.

9. Why is your stock ending the day at that particular price?

Stocks move around for many reasons. Most of the time they’re reacting to high noise levels (passive), rather than buying or selling pressure (active). The best holds are stocks moving in your direction because they’re active, or against your direction because they’re passive. Consider adding to passive movement against your position if it fits your risk tolerance.

10. What stock should you buy or sell right now to balance your exposure?

Consider new stocks to take home. These might include a favorite play selling off into support, or a hot rocket that’s faded after a morning run. The trick is to find bargains, and not stocks that other traders have already tapped out.

[inflationista]

http://finance.yahoo.com/news/Huron-Consulting-Group-HURN-smallcapinvestor-3033003274.html?x=0&.v=1

*****I've been looking for a quote from George Soros to share with you, but so far our great search engines Google and Bing have let me down. I'll have to paraphrase, and I'll try not to misrepresent his thoughts. On getting rich in the stock market Soros once said the key is to ride the trend based on false assumptions, and then get out before everyone else realizes it's false.

At first, it sounds silly. How could every trend be based on false assumptions? Surely there must be a solid reason for stock prices move higher, right?

Sure, there's always a good reason for stock prices to move higher when they do. The Internet increased productivity and opened the door for many new and innovative business models.

And the emergence of commodity demand from China coupled with robust consumer demand from Americans drove many assets to all-time highs.

*****But in each case, even though the rallies started on firm footing, they were eventually proved false. The Internet led to a massive misallocation of capital as even the most absurd business model scribbled on a cocktail napkin received start-up money and an IPO. And analysts perpetuated the cycle with fraudulent numbers based on unrealistic assumptions. You'll even recall so many of the "new economy" entrepreneurs claiming that the old rules no longer applied. They did, and in a big way.

The American consumer demand that supported China's commodity demand was based on unsustainable rising housing values and refinance cash. And of course, Wall Street fraud again made the situation worse.

Investors, from individuals to Wall Street bankers, seem to always take things too far. And while it may not be possible to see in advance the exact moment when investors realize they've been duped, it's a good idea to understand the assumptions that may eventually be proved false.

Of course, it can take a long time. Greenspan's now famous "irrational exuberance" warning came two years before the Internet bubble popped. And the warnings that housing was a bubble likewise went unheeded for years.

*****It seems there's a fair amount of potentially false assumptions driving stocks higher. But we can't know in advance when, and from what level, stock prices may reverse.

We can, however, say confidently that government stimulus is supporting stock prices. And given the essentially endless supply of money that can be thrown into the economy, fighting this uptrend is an uphill battle.

[inflationista]

the new Chrome web browser is TITS!!

[inflationista]

market makers and trade conditions -

https://www.alphatrade.com/techSupport/exchangeCode.html

[inflationista]

i can't tell you how much i love seeing jos a bank commercials about 40-60% off everything in the store -

their a-hole salesmen are such snooty asshats, OMG - i used to want to spit on their shoes, now they have boot wearing scrubs ilke me picking through their crap like it's a kohls, and i still won't buy a thread of their taiwanese crap clothing -

jagov's -

[inflationista]

obama is an unoriginal buttflap -

ask me a policy, any policy, and i will tell you what he is doing, and the way i think it should be done -

this f'n guy is all gas no ass -

what a rube -

[inflationista]

alright, mixing up a cocktail for the last hour -

motha fuckin MOO!

[inflationista]

keith boykin at it again - man i hate this asshole so much -

just got called out for being a populist, socialist vacuous moron -

[inflationista]

this maroon is nothing but an OBAMA yes man, and a fruitless contributor to CNBC -
http://www.keithboykin.com/blog/

[inflationista]

send an idea to barky: http://www.whitehouse.gov/administration/eop/opl/

[inflationista]

nice man - i didn't realize that pennsylvania has big fields like that -

[Brad S]

Wednesdays hunt



The spread

[inflationista]

from marty500x 2.20.09 -

Re: Warning - a gravestone doji 6 minutes ago

look at the daily stochastics and tell me that this pattern has not resulted in a double in the next 2 weeks per prior GNW moves over the past 5 months!

Also, volume was only average in GNW from $2.50 to $1.50 - it's not a GNW thing that's going on this week. Stock will hit $3 within 3 weeks. Mark this post and give me a hard time if not the case.

[inflationista]

Posted by: the cork Date: Tuesday, February 17, 2009 1:15:30 PM
In reply to: cocktails and dreamz who wrote msg# 9896 Post # of 9901

Good point. We as shareholders have the luxury of a legal way to get advance notice of a pending Press Release.

Given the options of either having advance notice of an impending event, or not having advance notice of an impending event, I prefer the advance notice. Best regards.

GLTA !!

[inflationista]

happy presidents' day brosefs.

[inflationista]

http://www.theoptionsguide.com/leverage-using-calls-not-margin-calls.aspx