Archives
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2017
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March
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
03/11/17
“You can’t develop a portfolio strategy around endless possibilities. You wouldn’t even get out of bed if you considered everything that could possibly happen….. you can use history as one tool for shaping reasonable probabilities. Then, you look at the world of economic, sentiment and polit -
Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
03/04/17
The importance of disconnecting and shutting off the computer — I still haven’t figured how to actually do it, but I learned that it’s important.
-- Joe Weisenthal
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
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February
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
02/25/17
An optimist may see a light where there is none, but why must the pessimist always run to blow it out?
-- Rene Descartes
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http://joefacer.com/pblog/static.php?pa < -
Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
02/18/17
"The first step to making money is not losing it."
-- Ed Easterling
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http://joefacer.com/pblog/static.php?pa
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
02/11/17
"Promising half a loaf is unconvincing to people who want to take back the bakery."
-- Robert Reich
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
02/04/17
It's a new day yesterday, it's an old day now...
-- Ian Anderson
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
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March
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2016
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August
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08/26/16
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July
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
07/29/16
"Impossible is not a fact. It's an opinion. Impossible is not a declaration. It's a dare. Impossible is potential. Impossible is temporary. Impossible is nothing."
-- Muhammad Ali
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Defined Benefit Plan.
07/01/16
Reagan is still dead. 1980s nostalgia bands are fine, but trying to revive 1980s economic policies in today’s context gets more wrong every year.
-- Mark Dow
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joe
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
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June
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
06/15/16
here;
http://www.pragcap.com/john-oliver-warn
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Defined Benefit Plan.
06/05/16
"Impossible is not a fact. It's an opinion. Impossible is not a declaration. It's a dare. Impossible is potential. Impossible is temporary. Impossible is nothing."
-- Muhammad Ali
IF YOUR A FIRST TIMER T
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... And His Defined Benefit 401 Plan
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May
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Defined Benefit Plan.
05/28/16
"More than any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness. The other, to total extinction. Let us pray we have the wisdom to choose correctly."
-- Woody Allen
IF YOUR A
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Defined Benefit Plan.
- April
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March
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03/14/16
http://thereformedbroker.com/2016/03/13
http://www.bloomberg.com/graphics/2016-angry-voters/
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan.
03/05/16
Hope is the expectation that something outside of ourselves, something or someone external, is going to come to our rescue and we will live happily ever after.”
-- Dr. Robert Anthony
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http -
Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan.
03/02/16
But Washington is freaking out about Trump in a way they never did about Bush. Why? Because Bush was their moron, while Trump is his own moron.
http://readersupportednews.org/opinion2
From Josh Brown...
http
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February
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. The "AHMMM BACK!!!!!.... Version
02/28/16
“Hope for the Best. Expect the worst. Life is a play. We're unrehearsed.”
-- Mel Brooks
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http://joefacer.com/pblog/static.php?pa
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02/21/16
http://www.nytimes.com/2016/02/23/us/po
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. The "AHMMM BACK!!!!!.... Version
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August
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2015
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December
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. The Cain't Hardly Keep Track Of Christmas Now That The Kids Are Gone Version...
12/18/15
Like I Told My Richmond California Homeboy Apprentice Years Ago, "Homey Don't Indulge In Those Recreational Pastimes."
(Great To See You Last Weekend, Marco)
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Changed Up The Portfolio!!! First Time Inna Long Time...
12/15/15
Sure, money’s something we only need if we don’t die tomorrow, but most of us live a long ass time.
-- John LeFevre
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http://joefacer.com/pblog/static.php?pa
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Post San Berdoo Attack That Reinforces What Ever You Already Believed, Regardless...
12/05/15
The most dangerous thing in Australia is not the great white shark, the king brown snake, the Sydney funnel-web spider, the box jelly fish, or the cassowary, it’s the “undervalued” iron ore miner.
-- Tobias Carlisle
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. The Cain't Hardly Keep Track Of Christmas Now That The Kids Are Gone Version...
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November
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Post-Thanksgiving OverStuft Version...
11/27/15
“If you want to know what God thinks of money, just look at the people he gave it to.”
— Dorothy Parker
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http://joefacer.com/pblog/static.php?pa
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Stand by... The software for my blog went wonky last week. Still 99% long. Let me beat this mess into submission or toss it and rethink everything...
11/23/15
http://awealthofcommonsense.com/lingeri
"Service will be resumed"
http://www.businessinsider.com/the-big-
Well, Hollywood agents tried to secure the rights to "Human Sexual Response" with -
Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Post France ISIS Attack
11/15/15
The most valuable assets in life are those that hold no monetary value. Health, friends and family…
-- Joe Terranova
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http://joefacer.com/pblog/static.php?pa
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan.
11/07/15
No matter the market environment, something will happen to make you second-guess your strategy.
-- James Osborne
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http://joefacer.com/pblog/static.php?pa
Health problems at hom
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Post-Thanksgiving OverStuft Version...
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October
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Done Been Gona A Whahl Version.....
10/26/15
In my experience it is always the emotional trades that turn out the worst. I try to embrace the attitude that the only good stock is one that has made me money. They are suspect and will turn on you if given a chance. If you want a friend, buy a dog.
-- Reverend Shark
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Beginning of the 4th Quarter Version...
10/01/15
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http://joefacer.com/pblog/static.php?pa
Been Gone....
Family health issues/takin' care o' business business/all kindza crap.
Still long stocks. This tag end of the 401 is my lon
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Done Been Gona A Whahl Version.....
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September
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Post Labor Day/FED/Market Correction Whatever Version...
09/18/15
"Every GOP administration since 1952 has let the Military-Industrial Complex loot the Treasury and plunge the nation into debt on the excuse of a wartime economic emergency. Richard Nixon comes quickly to mind, along with Ronald Reagan and his ridiculous 'trickle-down' theory of U.S. -
Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Maybe Da Enda Da Post Labor Day Market Correction Version...
09/11/15
The Koch-funded basement that spreads their lies out through large-font, unattributed, unsigned, email machine has one going around that The Donald Trump�s a blue collar guy, I guess if Obama�s a foreigner, it makes sense.
-- Venn Data
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Pre-Mid Post Labor Day Market Correction Version...
09/04/15
The consensus can be very wrong; interest rates are going to have to go up in 2014 was a set-it-in-stone given that of course turned out to be wrong. This should teach us to always be skeptical of such one sided consensus calls.
--Roger Nusbaum
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Post Labor Day/FED/Market Correction Whatever Version...
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August
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Pre-Mid Post Market Correction Version...
08/28/15
“You can’t develop a portfolio strategy around endless possibilities. You wouldn’t even get out of bed if you considered everything that could possibly happen….. you can use history as one tool for shaping reasonable probabilities. Then, you look at the world of economic, sentiment and political dri -
Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Market Correction Version...
08/21/15
Set backs are always temporary. Sometimes temporary is fifty years, other times 50 minutes.
-- The Fly
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan
08/15/15
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/static.php?pa
FUNDZ INNA 401 AND ONE FUND I'D LIKE TO SEE IN THERE.....
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Ramping Up For Life Inna Passed Lane.
08/07/15
“If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts, he shall end in certainties.”
-- Francis Bacon
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Pre-Mid Post Market Correction Version...
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July
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Riding Season Issue...
07/31/15
You can’t manage toxic people, nor does the reason for their toxicity matter. Incompetence, egotism, insecurity, substance abuse, or just good ole fashioned insanity create the same “train wrecks.” Best to cut your losses quickly with these type of people and move on with your life.
-- Brian -
Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Catch up around the house edition...
07/24/15
Anything can happen…and often does.
-- David Blair
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan..
07/17/15
Everyone is a disciplined, patient investor, entirely focused on the long term. And then an hour goes by.
-- Downtown Josh Brown
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http://joefacer.com/pblog/s -
Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan.. Summer Weather Version.
07/11/15
Mental flexibility trumps contrarianism every time
-- Steve Spencer
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan..
07/02/15
People have a fascination with statistics. As in science, statistics and correlations can tell a story about the market too. That story can be useful and often has lessons to be learned. Learn those lessons and prepare for that relationship to continue, but do not rely on it happening. If all sh
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Riding Season Issue...
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June
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan..
06/27/15
Learn how to take your losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.
-- Bernard Baruch
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE... -
Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan..
06/19/15
"It's amazing what you can accomplish when no one cares who gets the credit."
-- John Wooden
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan...Special Warriors NBA Finals Edition II.
06/13/15
The most valuable assets in life are those that hold no monetary value. Health, friends and family…
-- Joe Terranova
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/static.php?pa
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan...Special Warriors NBA Finals Edition.
06/05/15
Avoiding folly is easier than trying to be brilliant.
-- Shane Parrish
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/static.php?pa
&quo
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan..
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May
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan
05/29/15
Nothing is private. Nothing. By this time next year your Avi will all be a naked selfie or your salary, whichever is more embarrassing.
--Jeff Macke
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan
05/23/15
People will go to extraordinary lengths to rationalize market action and make it fit their narrative. This year wasn’t 1929, or 1987, or even 2007. It was in fact, 2014.
-- Jon Boorman
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE -
Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan
05/15/15
Sure, money’s something we only need if we don’t die tomorrow, but most of us live a long ass time.
-- John LeFevre
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/static.php?pa
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan
05/08/15
Reagan is still dead. 1980s nostalgia bands are fine, but trying to revive 1980s economic policies in today’s context gets more wrong every year.
-- Mark Dow
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.c -
Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan
05/04/15
Big data and other wonders of the high tech world didn’t make us any smarter — at least when it comes to markets. The 50% drop in oil prices has humbled us all.
-- Nancy Miller
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http
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Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan
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April
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Jes' Yer Friendly Neighborhood Retahr'd Ol' Broked Down Union Pipefitter...... and his 401
04/25/15
The market is the final word, no matter what everyone on Twitter retweets and favorites
-- Rob Passarella
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Jes' Yer Friendly Neighborhood Retahr'd Ol' Broked Down Pipefitter...... and his 401
04/18/15
A heavily-analyzed, globally-traded commodity can go down fifty percent in response to relatively modest changes in fundamentals.
Therefore, you might want to take the predictions you hear and the models you rely upon with a truckload of salt.
-- Tom Brakke
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GRRRRRRR!!!
04/16/15
http://www.ritholtz.com/blog/2015/04/1-
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan.... Post Easter Special...
04/10/15
Everyone forgets the lessons of the financial crisis. Even those who survived it cannot recall the emotional feelings of how hard it is not to sell (what you think is cheap and worth holding onto) or buy (what you think is a great bargain) when the entire news and investment industry is bearish.
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan.... Easter Special
04/02/15
Unsustainable things can last years, even decades, longer than people think.
-- Morgan Housel
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http://joefacer.com/pblog/static.php?pa
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Jes' Yer Friendly Neighborhood Retahr'd Ol' Broked Down Union Pipefitter...... and his 401
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March
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
03/27/15
It turns out that charts from 1929 don’t matter in 2015. They might be good for page views, but not so much at determining what will happen.
-- Ryan Detrick
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http://joefacer.com/pbl -
Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
03/20/15
I learned from David Kay, ex-CEO of Nick Schorsch’s American Realty Capital Properties Inc. that “one plus one equals three” in certain related party transactions. That is, until it doesn’t.
-- Bruce Kelly
IF YOUR A FIRST TIMER TO THE BLOG, C -
Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
03/14/15
“The theory of scattering one’s investments over as many fields as possible might be the wisest plan on the assumption of comprehensive ignorance. Very likely that would be the safer assumption to make.”
— J.M. Keynes
IF YOUR A FIRST TI -
Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
03/07/15
There is no reason to feel any shame in hiring someone to pick stocks or mutual funds for you. But there’s one responsibility that you must never delegate. You, and no one but you, must investigate whether an adviser is trustworthy and charges reasonable fees.
-- Benjamin Graham
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
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February
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
02/27/15
Avoiding folly is easier than trying to be brilliant.
-- Shane Parrish
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/static.php?pa
WFO Last Week...
https: -
Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
02/20/15
The conspiracy theorists fail to understand the basics of econometric modeling and how these numbers are calculated. Consider the rise in unemployment in the January nonfarm payrolls report. More than a million people returned to the job market last month, raising the unemployment rate from 5.6 perc -
Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
02/13/15
Whether bull market or bear market, fear mongering sells.
-- Ari Wald
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http://joefacer.com/pblog/static.php?pa
Onna Counta 'Cuz....
http://www -
Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
02/06/15
If anything ever goes wrong, it’s always easiest to just blame Obama. If things go right, blame Obama anyway.
-- Kid Dynamite
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
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January
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
01/30/15
Everyone–EVERY LAST ONE OF US–says they love, admire and respect deep-dive accountability reporting on complex capital markets issuers. When it comes time to contribute to it, however, you will rarely see rich white people do a better imitation of Deion Sanders (circa 1989) with respect to the spe -
Deflategate? Really?
01/23/15
"If the world I leave behind is one of gated communities, growing inequality and misery among the have-nots, downward mobility for the middle class, a degraded environment and a rotting social and physical infrastructure, then (my children's) inheritance will be a shabby one — no matter ho -
Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
01/16/15
"To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate."
~Jesse Livermore
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/static.php -
Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
01/09/15
Day-to-day, anecdotal impressions can matter in investing, like seeing all the Prius and hybrid cabs in Chicago and the alternative-fuel trucks in and around Chicago, and wondering, “how can this not impact crude oil demand at some point ?” Hence, we had zero weighting in Energy the last two years f -
Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
01/01/15
“By far the biggest problem for professionals in investing is dealing with career and business risk: protecting your own job as an agent. The second curse of professional investing is over-management caused by the need to be seen to be busy, to be earning your keep. The individual is far better-posi
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
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December
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2014
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December
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
12/26/14
“You can’t develop a portfolio strategy around endless possibilities. You wouldn’t even get out of bed if you considered everything that could possibly happen….. you can use history as one tool for shaping reasonable probabilities. Then, you look at the world of economic, sentiment and political dri -
Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
12/19/14
“The average long-term experience in investing is never surprising, but the short term experience is always surprising. We now know to focus not on rate of return, but on the informed management of risk”
- Charles Ellis
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
12/12/14
“The market does reflect the available information, as the professors tell us. But just as the funhouse mirrors don’t always accurately reflect your weight, the markets don’t always accurately reflect that information. Usually they are too pessimistic when it’s bad, and too optimistic when it’s good -
Trust Me. I Posted It On The Internet Myself"..... Abraham Lincoln
12/08/14
Castles Made Of Sand Slips Into The Sea. Eventually.
-- Jimi Hendrix
Saw Tower Of Power This Weekend @ The Grenada in Santa Barbara. Great venue and the TOP smoked, as always. They had an alumi sit in on the last two numbers. GAWD! He hit the ground running. There h
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
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November
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
11/28/14
“In economics, crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.”
-- Rudiger Dornbusch
"Economics is a subject that does not greatly respect one's wishes."
-- Nikita Khrushchev
IF -
Jes' Anudder Ol' Broked Down Retahrd Pipefitter....
11/21/14
“No man ever steps in the same river twice, for it’s not the same river, and he’s not the same man.”
-- Heraclitus
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http://joefacer.com/pblog/static.php?pa
Moby Grape did not s -
Bloomfield/Butterfield... Didja hear about the time I saw the Butterfield show from about 10 feet eye to eye?
11/12/14
Free Your Mind...Your Ass Will Follow.
-- George Clinton
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Onna counta cuz....
https://www.youtube.com/watch?v=Ps3x-_JdIeg
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Jes' Anuder Old Broked Down Retahrd Union Pipefitter
11/07/14
“We must free ourselves of the hope that the sea will ever rest.
We must learn to sail in high winds.”
-- Aristotle Onassis
Theme For The Election; Emotion As Expressed By Electric Guitar...
https://www.youtube.com/watch?v=kc8H6USGR90
And Intellect As Expressed
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Jes' Annuder Ol' Broked Down Retahrd Union Pipefitter And His 401 Defined Contribution Plan....
-
October
-
BACK FROM STOCKTOBERFEST...
10/30/14
AHHHMMM BAACK.......
GREAT TO SEE THE PEOPLE I MET AT THE 1ST 'FEST AGAIN AND MEET NEW PEOPLE AT THE THIRD...
PROFIT AND JOY AN' ALL THAT. IF YOU WERE THERE, YOU HEARD HOWARD TELL ME FROM THE STAGE, "YOU'RE ON DOUBLE SECRET PROBATION." I WAS ANS -
Just Another Old Broked Down Retahrd Union Pipefitter....
10/17/14
"Some men worship rank, some worship heroes, some worship power, some worship God and over these ideals they dispute, but they all worship money."
--Mark Twain
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/sta -
No Thanks, I'm A Union Man From Way Back. I Got No Intention Of Living In A Right To Work For Less State.
10/03/14
http://www.businessinsider.com/its-hard
http://www.bloomberg.com/news/2014-10-0
-
BACK FROM STOCKTOBERFEST...
-
September
-
Been There, Done That. But Ya Can't Prove Nothin'... So Knock It Off With The Empty Threats.
09/27/14
“It isn't necessary to imagine the world ending in fire or ice. There are two other possibilities: one is paperwork, and the other is nostalgia.”
-- Frank Zappa
Between Live Allman Bros @ The 'mo In SF, Live Broadcasts, And The King Biscuit Flour Power Hour, I H -
Here's Lookin' Atcha ______ (*.*) ___ (*.*) ___ (*.*) ___ (*.*) ___ (*.*) ___ (*.*) ___ (*.*) ______
09/19/14
“Worry is a thin stream of fear trickling through the mind. If encouraged, it cuts a channel into which all other thoughts are drained.”
--Arthur Somers Roche
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/static.php?pa
-
As I Told My Cousin, "Don't Even Think About Askin' An Old Retired Guy How He's Doin' Unless You Have Something To Eat, Something To Drink, And A Place To Sit Down...
09/13/14
"If, after hearing my songs, just one human being is inspired to say something nasty to a friend, or perhaps to strike a loved one, it will all have been worth the while."
-- Tom Lehrer
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer -
Old An' Inna way.....
09/05/14
http://www.businessinsider.com/forgetfu
http://www.businessinsider.com/the-myth
http://www.latimes.com/business/hiltzik
http://www.businessinsider.com/ukraine-
http://www.businessinsider.com/isis-has
h
-
Been There, Done That. But Ya Can't Prove Nothin'... So Knock It Off With The Empty Threats.
-
August
-
Purple Haze All Around ....
08/29/14
“When you’re young, you look at television and think, There’s a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that’s not true. The networks are in business to give people exactly what they want. That’s a far more depressing thought. Conspiracy -
Jeezus Life Gets Messy... Whatever. Beats The Alternative.
08/23/14
“If you want to know what God thinks of money, just look at the people he gave it to.”
— Dorothy Parker
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/static.php?pa
Outlaws....Same song as last week, d -
Went To A Retirement Party Saturday.... Going Down One after Another....
08/18/14
“There are those who would misteach us that to stick in a rut is consistency- and a virtue; and that to climb out of the rut is inconsistency- and a vice”
-- Mark Twain
IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/static.php?pa
-
I Went From A 100MPH WFO Kinda Guy To A "You Kids Get Off My Lawn!" Kinda Guy. It Takes A Lot Of Time And Effort To Get Old. Tires Ya Out...
08/08/14
But in a free society, people must be allowed to make choices for themselves that are incomprehensible to others.
-- Jim Norton
Freddie King... 'nuff Said.
https://www.youtube.com/watch?v=ZLTEJQJqGik
https://www.youtube.com/watch?v=xP12Z1X5TEQ
-
I'm Struck By The Parallels To Other Era's; Cold War, Aids/Herpes Epidemics, Clinton/Nixon's Impeachment Politics, Prime Interest Rates Inna Mid Teens, All Of South East Asia/Mid-East In Flames... This Too Shall Pass.
08/02/14
"The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself."
-John Kenneth Galbraith
HOT TUNA... Jack Cassidy Way Up Inna Mix... I
-
Purple Haze All Around ....
-
July
-
Summer Inna City
07/25/14
The world is a dangerous place to live; not because of the people who are evil, but because of the people who don't do anything about it.
-- Albert Einstein
IF YOUR A NEWCOMER, CLICK HERE... http://joefacer.com/pblog/static.php?pa
Ther -
It's News Today, By The End Of The Week It's History, And You Were There. Prolly Asleep (It Was Happenin' Onna Otherside O' De World....) Or Lookin' De Udder Direction.....
07/20/14
A bubble is a bull market in which you don't have a position.
-- Eddy Elfenbein
Feelin' Nostalgic... Gee-Tar
https://www.youtube.com/watch?v=9cadbYIzhqQ
WOW...
http://econintersect.com/b2evolution/bl -
A Nod's As Good As Wink To A Blind Horse. But I Don't Run In Circles Where That Kinda Thing Is Much Approved Of...
07/13/14
Humility, along with the ability of those who have been wrong to acknowledge their mistakes, are at all-time lows and, sadly, trending lower still. Ideology can apparently hold sway against reason, facts, and data for longer than I’d imagined.
-- Invictus
Then And Now... -
WELL, THERE'S GOOD NEWS, AND THERE'S BAD NEWS...AND THERE'S SOME GOOD NEWS...AND THEREIN RESIDES A TALE... This is a big one, people...see below
07/03/14
Every so often, I find myself thinking that I've got something to say. Things like the "Mutual Fund Investing" riff on my web page. And 'jes Annuder Old Broked Down Pipefitter" on the blog here. "Easy Now?" part of this post, looks like more of the same. It has ch
-
Summer Inna City
-
June
-
That Hoo Doo That You Do So Well.....
06/28/14
"Worry does not empty tomorrow of its sorrow; it empties today of its strength."
Corrie Ten Boom
Outa State! Far Off, Man!
http://www.youtube.com/watch?v=cek770qMLO4#t=13
http://www.youtube.com/watch?v=L1EVfcrwiK0
< -
Jes' Anudder Old Broked Down Retahred Union Pipefitter.....
06/20/14
Ahm jes' anudder ol' broked down retahrd union pipefitter.
I retired in September of 2013 after 40 years in the trade, five years after this picture was taken. At the time, there was only one retired pig inna pichur. Now there would be two...
I had -
I Was Around When It Was JFK And LBJ. Kind Of An Object Lesson In What You Wish For And How Things Can Get REALLY Beyond What You Can Imagine. Oh Well. Life Goes On...
06/13/14
Retail sales themselves are the best indicator of consumer sentiment as no device peers so deeply into the recesses of the human soul as the cash register.
--Howard Simons
Meet The New Boss, Same As The Old Boss...
http://www.washingtonpost.co -
Knock Yerself Out!!!!
06/06/14
"The future is here. It's just not widely distributed yet."
-- William Gibson
Have Some Squib Kakes And Knock Yerself Out...
http://www.youtube.com/watch?v=zKoZeCH-TAk
http://www.youtube.com/watch?v=ILGNR8kuu4Y
-
That Hoo Doo That You Do So Well.....
-
May
-
This Gettin' Old Ain't Fer Sissies....... Getting New Knees HURTS!!!!
05/31/14
“I’m always thinking about losing money as opposed to making money. Don’t focus on making money; focus on protecting what you have.”
—Paul Tudor Jones
Ahm jes' anudder ol' broked down retahrd union pipefitter.
I r -
Jes' An Ol' DOS 2.0 Dynosaur An' Wolfgang's Vault Burnout....
05/16/14
“The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.”
-- John Kenneth Galbraith
...Suzettes, Please Make It Crepe.
-
I've Owned And Run A High End Audio Company, Done Electromechanical Design And Packaging For Consumer Electronics, Project Managed Mechanical, High Purity And Biotech Projects, Helped Put Cold Spring In 14 Stories Of Main Steam Line At A Coal Fired Power Plant, Walked The Steel, Pushed A Broom, And Hung From A Man Basket To Tighten Bolts As Required. But Now I'm Retired.
05/10/14
“I was recently on a tour of Latin America, and the only regret I have was that I didn't study Latin harder in school so I could converse with those people”
- Dan Quayle
Back A'fore Yer Tahm...
http://www.youtube.com/watch?v=cYh5oMDlWwQ
The Rascals Di -
I'm A Demon Tube Bender, Detailer, Layout Hand, Very Competent Heavy Rigger, Instrument Tech, Copper Hand, And Stick Welder. But Mostly, I'm Retired.
05/05/14
Is It Tommorow, Or Just The End Of Time....
http://www.youtube.com/watch?v=UvklBbYgnsk
http://www.youtube.com/watch?v=K3K8t6wKjdg
http://www.youtube.com/watch?v=xAWtuxhdUDE
http://www.youtube.com/watch?v=lJ8Fl771sBg
Knee Replac
-
This Gettin' Old Ain't Fer Sissies....... Getting New Knees HURTS!!!!
-
April
-
Retahrd...... Old An Inna Way...
04/26/14
Busy Week. May Post Some... May Not. Prolly Post Some.
I got two buddies. One thinks Obama personally stopped oil drilling and fracking in Colorado and cost him his retirement plans.The other buddy thinks that once pipeline capacity south was fully su -
Jes' Another Old Retahrd Broked Down Welder Wanna Be....
04/16/14
"Some men worship rank, some worship heroes, some worship power, some worship God and over these ideals they dispute, but they all worship money."
--Mark Twain
A Different Interpretation....
http://www.youtube.com/watch?v=DWnE8XzynNg
http://www.youtub -
Jes' Anudder Broked Down Ol' Retahrd Pipefighter
04/05/14
Nothing helps a bad mood like spreading it around.
-- Bill Watterson
Low Down Dirty Bloos... Sloe Gin
http://www.youtube.com/watch?v=F1_6yCHnSI4
Ana Chaser...
http://www.youtube.com/watch?v=nbI19ttJqWI
Here's The Dessert...
http://www
-
Retahrd...... Old An Inna Way...
-
March
-
Jes' Another Old Broke Down Retired Pipefitter.....
03/27/14
I am always ready to learn, although I do not always like being taught.
-- Winston Churchill
It May Not Feel Like It, But It's Over....
I retired in September of 2013. I had st -
Jes' Yer Friendly Neighborhood Brokedown Ol' Retahr'd Pipefitter......
03/15/14
A bubble is a bull market in which you don't have a position.
-- Eddy Elfenbein
More 'Fats. Hollywood Fats W/ Canned Heat '79, The First Woodstock Ten Year Reunion. Not The New Improved Marketing Event Version. Blues An' Boogie Like An Old Favori -
Jes' Yer Friendly Neighborhood Retahr'd Ol' Pipefitter......
03/07/14
Humility, along with the ability of those who have been wrong to acknowledge their mistakes, are at all-time lows and, sadly, trending lower still. Ideology can apparently hold sway against reason, facts, and data for longer than I’d imagined.
-- Invictus
Miles to g -
It's Exciting Getting Old. Everyday It's A Brand New World!!!
03/01/14
“What you do speaks so loudly that I cannot hear what you say.”
-- Ralph Waldo Emerson
Hollywood Fats Band
I first heard Fats (Michael Mann) at the The Boarding House in SF. He was backing up Jimmy Witherspoon and GAWD He Was Smokin' Hot!!!! Super tight band, k
-
Jes' Another Old Broke Down Retired Pipefitter.....
-
February
-
I'm Having So Much Fun I Can Barely Stand It.
02/24/14
Re-learned that sitting on my hands is the hardest thing a Trader can do and that I need to be better at it. MUCH better.
--Sean McLaughlin
GROOVIN'
http://www.youtube.com/watch?v=L5CgdTtGv8o
http://www.youtube.com/watch?feature=pl
-
I'm Having So Much Fun I Can Barely Stand It.
-
January
-
Wasn't Gonna. Now I Hafta...
01/30/14
The importance of disconnecting and shutting off the computer — I still haven’t figured how to actually do it, but I learned that it’s important.
-- Joe Weisenthal
Young Joe;
http://www.youtube.com/watch?v=qpUP8PegEOQ#t=27
I was once a Young Joe, but my talents -
Post No Bills ...... If You Know What That Means, Yer Old. Really Old...
01/15/14
Speaking Of The Bills That Used To Be Posted On Walls And Telephone Poles....
Kick Ass Concerts. They handed out free posters for the next week's show. I saw these shows, among others. Didn't get the posters for these. Got them for the upcoming show and gave them away. Oh Well. -
Due Wah Diddy Diddy Dum Diddy Due.... Manfred Mann
01/03/14
http://www.youtube.com/watch?v=_iTwlfDuG2s
Dylan Song About An Anthony Quinn Movie...
http://www.youtube.com/watch?v=liIQLIx2
http://www.businessinsider.com/arthur-l
http://www.calculatedriskblog.com/2014/
-
Wasn't Gonna. Now I Hafta...
-
December
-
2013
-
December
-
Got Through The Big Holiday. New Year's Next....
12/27/13
There was this Electra sampler LP back inna day. Kinda rare. I bought it for the Butterfield Blues Band cuts. There were these cuts by an oufit called E C And The Powerhouse, had this guy named Winwood inna band I guess along with this Jack Bruce guy. The song, "Steppin' Out" by Jame -
I'm Retahrd, Fixed Income Is Hard, Ah Didn' Win Da Lotto, All You Gets Is A Christmas Cahd
12/20/13
Ah Have Sworn That There Will Never Be An End To Violins In Da Streets As Long As I Live
http://www.youtube.com/watch?v=ltDMr7IVg9A
http://www.youtube.com/watch?v=4Bher3Nz2Qs
http://blogs.reuters.com/felix-salmon/2
I mak -
Yer Friendly Neighborhood Broke Down Ol' Pipefitter... Got My Case Of Peppermint Bark. All Is Good.
12/06/13
Wonk Wonk....
http://blogs.reuters.com/felix-salmon/2
De Light!!!? Don't Worry/Be Happy....
http://blogs.reuters.com/felix-salmon/2
Idealogical derpiness...
http://www.businessinsider.com/why-rand
http://www.ritholtz.com/blog/2013/12/fu
-
Got Through The Big Holiday. New Year's Next....
-
November
-
Jes' Another Brokedown Retahrd Ol' Pipefitter.....
11/29/13
Cuz I'm Old...
http://www.youtube.com/watch?v=Xlr8Krdpvuc
http://www.youtube.com/watch?v=b_K5b-JNc7E
http://www.youtube.com/watch?v=h6Uht69h8Is
http://www.youtube.com/watch?v=kjq4wYuwgxs
http://www.youtube.com/watch?v=_PLq -
Still Yer Friendly Neighborhood Ol' Retahrd Brokedown Pipefitter...
11/22/13
Goin' back cuz it makes my ears feel so good...
http://www.youtube.com/watch?v=QeOKj5XdVAE
http://www.youtube.com/watch?v=p4w4_2ZTWqM
http://www.youtube.com/watch?v=cLHzWis91Cw
http://www.youtube.com/watch?v=_kAwum6NuTI
And The Goodest Feelin' Goodest Of All. -
STILL YER FRIENDLY NEIGHBORHOOD BROKE DOWN OL' PIPEFITTER...
11/15/13
Isle Of Man TT Is Certified Bat Shit Crazy. Here's Macau's Version...
http://www.roadracingworld.com/news/vid
Smokin'.....
http://www.businessinsider.com/warren-q
http://www.ritholtz.com/blog/2013/11/fu
http://investigations.nbcnews.co -
Still Your Friendly Neighborhood Brokedown Retired Ol' Pipefitter....
11/09/13
It makes me cringe to have 'experts' tell us not to fear the Fed. You don't fear the Fed but you do fear a market that fears the Fed. If the rest of the world is selling because they are afraid, justified or not, you respect the price action and move out of the way.
-- James “Rev -
Waka Jawaka. Black Napkins. Zap (pa)
11/04/13
You will never know if someone is an asshole until he becomes rich.
Nassim Taleb
More Than The Mothers Of Invention And Yellow Snow...
http://www.youtube.com/watch?v=_q0nImsfMvE
Frank Does Allman Bros...
http://www.youtube.com/watch?v=Bi-dm1JU4
-
Jes' Another Brokedown Retahrd Ol' Pipefitter.....
-
October
-
Yo....
10/25/13
"The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
--Joan Robinson
No New Chartz, No New Table Zup... I'm RE TAHRD!
http:// -
Just Another Old Broke Down Ree-Tahrd Pipe Fitter....
10/18/13
Remember, “price” and its direction are ultimately the best indicator you have.
-- Brian Gilmartin
Scam? Or Con? Or Is The Con Game About A Non Existent Scam
http://pragcap.com/debunking-the-bigges
Say Hallelujah.....
http://dish.andrewsullivan.com/2 -
Gone Fishing... Got my Trout Grenades and my net.
10/12/13
"Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone."
-John Maynard Keynes
Interesting... But I didn't read the last coupla paragraphs... Too lon -
Pretty Much Ree Tahred....
10/05/13
Silver and gold as money: Not as easy as some people would have it.
http://www.ritholtz.com/blog/2013/10/cr
Mark Twain...
http://lareviewofbooks.org/essay/a-new-
It Kinda Recalls Being Able To Arrest And Convict Someone For "Suspicion Of Intention To Commit A Crime&qu
-
Yo....
-
September
-
DUDE!!! Way Retired! Knarly!
09/27/13
"You may have a fresh start any moment you choose, for this thing that we call 'failure' is not the falling down, but the staying down."
--Mary Pickford
http://www.bloomberg.com/news/2013-09-2
Fuckin' "A" Tweetie -
STILL Retired....
09/21/13
If I say Nike Hercules and Mount Tamalpais and the San Francisco Bay, do you know what I'm talking about? And do you know the intended purpose of the Nike's?
http://usnews.nbcnews.com/_news/2013/09
http://www.thereformedbroker.com/2013/0
< -
RETIRED "."
09/14/13
"However beautiful the strategy, you should occasionally look at the results."
--Sir Winston Churchill
In Yo Dreams.....
http://www.youtube.com/watch?v=CfnLewb7
http://www.rickferri.com/blog/
-
DUDE!!! Way Retired! Knarly!
-
August
-
De Doh Doh Doh , De Dah Dah Dah , Is All I Want To Say To You....
08/23/13
"The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself."
-John Kenneth Galbraith
Saw 'em @ The Uptown. Definitely a -
Pretty Cool....... I'm So Excited I Can Barely Keep My Eyes Open....
08/16/13
Listen To The Market, Not The Noise That Surrounds It.
-- Robert Lang
Chartz And Table Zup @ www.joefacer.com
Shriekback...Saw 'Em At Slim's A Lifetime Ago...
http://www.youtube.com/watch?v=j3yl6JeHg0A
http://www.youtube.com/watch?v=5D -
Dare I Say It Out Loud? ................ Ya Know.....I Really Don't Care Much For Long Emotional Goodbyes........... SO....... ADIOS, MOTHERFUCKERS!! ... THIS IS IT!!!! .....I'M PULLING THE PIN!!!... I'M OUTAHERE!!!!!!! I'm Retiring As Of This Week. The Paperwork Is Inna Works. Now....About The Blog And Whom So Ever Read Or Might Wanna Continue To Read It... Hmmm.... Stay Tooned.
08/10/13
One of the most difficult investing skills to master is being persistent and confident while not crossing the line to being stubborn and obstinate. It is a very fine line and you will never get it quite right now matter how hard you try.
Reverend Shark
Hey! If Yer A Mem
-
De Doh Doh Doh , De Dah Dah Dah , Is All I Want To Say To You....
-
July
-
Dem Changes .... Again
07/31/13
http://www.youtube.com/watch?v=ljKcDA5nKbE
And Cuz I Love Down And Dirty Keyboards....
http://www.youtube.com/watch?v=DVl-oXi-TpY
Hell! Once Ya Get Started.....
http://www.youtube.com/watch?v=6DYC61HzmtM
-
Been Real Busy. Normal Service To Resume....Inna Week Or Two
07/19/13
http://www.businessinsider.com/citi-on-
http://www.caniretireyet.com/investing-in-real-estate/
http://pragcap.com/a-house-is-not-a-great-investment
Monday
http://www.thereformedbroker.com/2013/0
http://www.ritholtz.com/bl -
'Nother Day...'Nother Dollar.
07/13/13
You are entitled to your own opinion, but you are not entitled to your own facts.
-- Patrick Moynihan
Chartz And Table Zup @ www.joefacer.com
There's Still So Much Good Stuff Waiting To Be Found...
http://www.youtube.com/watch?v=Scg6 -
I Do NOT Like What I See Inna Charts.... Been Lookin' At Some Bond Charts. Prolly Cover It At Some Point Below.....
07/05/13
It makes me cringe to have 'experts' tell us not to fear the Fed. You don't fear the Fed but you do fear a market that fears the Fed. If the rest of the world is selling because they are afraid, justified or not, you respect the price action and move out of the way.
-- James “Rev
-
Dem Changes .... Again
-
June
-
06/29/13
"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain."
-
Somethi' Inna News 'bout Interest Rates Goin' Up... Maybe The 401 Was Payin' Attention.... Check It Out. Ya Think?
06/21/13
The purpose of fixed income in a portfolio is for ballast. It is not there to increase returns, it is there to reduce risk, hence you should keep the fixed income portion of a portfolio relatively short term, high quality, and currency hedged (if using international fixed income).
-- David E. -
A Poor Memory Is All I Can Afford.....
06/14/13
“I’m always thinking about losing money as opposed to making money. Don’t focus on making money; focus on protecting what you have.”
—Paul Tudor Jones
Chartz And Table Zup...@ www.joefacer.com
Dutch Symphony Metal Which I Found Stuck -
I Speak Of A Life Lived In Quiet Desperation, And My Wife Says, "Yeah, Right!!! Quiet For How Long??"
06/08/13
“It isn't necessary to imagine the world ending in fire or ice. There are two other possibilities: one is paperwork, and the other is nostalgia.”
-- Frank Zappa
Chartz And Table Zup... @ www.joefacer.com
Soothing Stuff F -
There's Something Goin' On....
06/01/13
“Vision without execution is a hallucination.”
-- Thomas Edison
Chartz And Table Zup @ www.joefacer.com
Something Goin' On...
http://www.youtube.com/watch?v=xrsH4GJ0oQM
http://www.youtube.com/watch?v=e3LEhfbKCSc
-
-
May
-
Memorial Day.... 'Cuz There Is So Damn Much Built On The Sacrifice Of Others, That As Important As It Is To Remember Those Who Are Gone, It Is Even More Important To Do Something For Those Who Are Still Here And Who We Can Still Help.
05/25/13
"The market is not a sofa, it is not a place to get comfortable."
Jim Cramer
Chartz and Table Zup @ www.joefacer.com
MEMORIAL DAY
http://www.ritholtz.com/blog/2013/05/me
-
Rock 'n Roll. From 5% Of The Music Market(Top 40/Pop), To The Very First Album Rock Show (An Hour A Day On A Foreign Language Station), To A Major Socio/Political Force, To Elevator Music, To Something Receding In The Rear View Mirror....
05/18/13
"The only function of economic forecasting is to make astrology look respectable."
-- John Kenneth Galbraith
Chartz and Table Zup @ www.joefacer.com
Beau Brummels from "Shindig"
http://www.youtube.com/wat -
Nutria Is Not A Nutritional Supplement And Ear Wigs Are Not What They Sound Like....
05/11/13
LOGIC, n.: The art of thinking and reasoning in strict accordance with the limitations and incapacities of the human misunderstanding.
-- Ambrose Bierce
Chartz And Table Zup @ www.joefacer.com
Top 40 Stuff I Used To Listen T -
Hangin' Out With Iron Man In The Late 60's And Early 70's....
05/04/13
The one great certainty about the market is that things will always change. When we lose sight of that fact and dig in our heels on a particular viewpoint or thesis, it can create tremendous stress as we deal with an environment that may not appreciate our great insight.
Reverend Shark
-
Memorial Day.... 'Cuz There Is So Damn Much Built On The Sacrifice Of Others, That As Important As It Is To Remember Those Who Are Gone, It Is Even More Important To Do Something For Those Who Are Still Here And Who We Can Still Help.
-
April
-
beep...beep...beep...beep...beep...beep...beep...beep...beep...beep...beep...beep...beep...beep...beep..
04/28/13
Posts here as circumstances and inclination permit. I won't be back to the regular service for a week or two.
Depends...
There are physical issues and such
http://www.thereformedbroker.com/2013/0
http://www.busines -
What A Week.... And The Market Sez, "Ya Had A Change To Get Comfortable And Feel Good. Now Let's See If We Can Change That."..."
04/20/13
Retail sales themselves are the best indicator of consumer sentiment as no device peers so deeply into the recesses of the human soul as the cash register.
--Howard Simons
Chartz And Table Zup @ www.joefacer.com .
Boston, Yer My H -
I'd Be Happy To Work Another 40 Years If I Got To Be 23 Again. Of Course, The Only Party Making Offers Like That Has A Pretty Bad Rep.... Maybe I'm Better Off Calling It Quitz.
04/15/13
“The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.”
-- John Kenneth Galbraith
Chartz And Table Zup @ www.joefacer.com
-
Onna Cusp....I'm So Excited, I Can Almost Stay Awake....
04/07/13
"Most of the time I don't have much fun. The rest of the time I don't have any fun at all."
-- Woody Allen
Chartz and Table Zup @ www.joefacer.com
Who'da Imagined...
http://www
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beep...beep...beep...beep...beep...beep...beep...beep...beep...beep...beep...beep...beep...beep...beep..
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March
-
Life Inna Past Lane...
03/30/13
The price one pays for pursuing any profession or calling is an intimate knowledge of its ugly side.
-- James Baldwin
Chartz And Tables Up @ www.joefacer.com
Our Gourmet Offering For The Day ....
Baked 'tater ala Bonna Massa.... h -
Contrast. A Beautiful Sunny Saturday And Two Cars Wadded Up In Front Of My House, Neither Is Mine. Cypus Circling The Drain And Plywood Shortages In The US As We Scrape The Bottom Of The Financial Crisis On The Way To Starting Back Up. Be Thankful For Whatcha Got And Work To Keep It.
03/23/13
"Illusions commend themselves to us because they save us pain and allow us to enjoy pleasure instead. We must therefore accept it without complaint when they sometimes collide with a bit of reality against which they are dashed to pieces."
– Sigmund Freud
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Trust That It All Works Out. You Just Gotta Mostly Do The Right Things Mostly At The Right Time.
03/16/13
"Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise is false, ride that trend and step off before it is discredited."
-- George Soros
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Change Of Seasons, Change Of Outlook. Bright Sunny Saturday. Time To Work On My Scooter.
03/09/13
"Being shot out of a cannon is always better than being squeezed out of a tube,
that's why God invented fast motorcycles bubba..."
-- Hunter S Thompson
http://www.latexnet.org/~csmith/sausage.html
< -
Doin' What Has Worked And Prolly Will Continue To Work. Apologies To Maynard G. Krebs.
03/03/13
"Ain’t no man can avoid being born average, but there ain’t no man got to be common."
-- Satchel Paige
Chartz and Table Zup @ www.joefacer.com
Stadium Rock To Bring Yer Kid To Work Day.....What A Strange Long Trip It's Be
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Life Inna Past Lane...
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February
-
Short Timer's Attitude Since 1980. Brought To You By A Large Dose Of Reality.... Not The Kind Seen On TV.
02/23/13
"The majority of unskilled investors stubbornly hold onto their losses when the losses are small and reasonable. They could get out cheaply, but being emotionally involved and human, they keep waiting and hoping until their loss gets much bigger and costs them dearly."
-- William O’Ne -
Dem Changes....
02/17/13
One of the most difficult investing skills to master is being persistent and confident while not crossing the line to being stubborn and obstinate. It is a very fine line and you will never get it quite right now matter how hard you try.
Reverend Shark
Chartz And Table -
Dem Changes.....
02/09/13
Busy morning....
Chartz And Table Zup.... @ www.joefacer.com
To Be Continued....
Stay Tooned.
Inna Mean Time...
http://www.theatlantic.com/infocus/2013
http://www.businessinsider.com/sequeste< -
NINERS!!!!!!!!.........Good Game To Watch. Both Teams Lacked Consistency. Both Teams Came Up Short Big Time. Niners Came Up Shorter Laster. Congrats Ravens.
02/02/13
"Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipo
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Short Timer's Attitude Since 1980. Brought To You By A Large Dose Of Reality.... Not The Kind Seen On TV.
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January
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"Analog Man" In A Digital World. Joe Walsh. See The Guitar Center Special. Count me In...
01/26/13
"Patience is waiting. Not passively waiting; that is laziness. But to keep going when the going is hard and slow -- that is patience."
-- Unknown
Chartz and Table Zup @ www.joefacer.com.
http://www.youtube.com/watch?v=ZkcrLaf5Sac
JE -
Pretty Good....Not Bad....Can't Complain. Actually, All These Realities Are About The Same. Siegel Schwall.
01/19/13
The reason people find it so hard to be happy is that they always see the past better than it was, the present worse than it is, and the future less resolved than it will be.
-- Marcel Pagnol
Chartz And Table Zup @ www.joefacer.com
Back Inna Day h -
...
01/14/13
https://petitions.whitehouse.gov/response/isnt-petition-response-youre-looking
StAY tOONED...
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Ya Gotta Temper A Life Lived WFO With Enough Quiet Contemplation To Appreciate It All. Yin And Yang, All In And Walking Away From The Table, Depending On Whatever Is Right At The Time.
01/05/13
"The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
— Alexis de Tocqueville
Chartz And Table Zup @ www.joefacer.com
In an era where many of the singers
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"Analog Man" In A Digital World. Joe Walsh. See The Guitar Center Special. Count me In...
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December
-
2012
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December
-
Another New Year, Another Political Train Wreck. I Feel I'm Too Mature To Watch Pro Wrestling, Roller Derby, And Destruction Derbies Any More. My Wife Says I'm Too Mature To Watch Jello Wrestling. My Inner Junior High School Kid Sez " Thanks Gawd For Congress And Political Train Wrecks. DID YOU SEE THAT!!!!!!!"
12/31/12
Crime pays - but before you go out and start rigging global interest rates, trading with the enemy or laundering money for the drug cartels, do make sure that you are deemed either 'too big to fail' by regulators or you're able to get the President on the phone.
-- Stacy Herbert -
Well, The End Of The World On The Dec 21st Certainly Was Unspectacular. But Our 31st Wedding Anniversary The Same Evening Was Pretty Cool. I'm Down Wid Dat....
12/22/12
People only accept change when they are faced with necessity, and only recognize necessity when a crisis is upon them.
-- Jean Monnet
Chartz And Table Zup @ www.joefacer.com
Surf Music From A Simpler Time...
http://www.youtube -
The Crux Of The Matter At Sandy Hook Was Not The Means, It Was The Desire To Do Harm. See Bath School Disaster and Tim McVeigh. Think The Gun Control Debate Is Rough? Try Preventative Detention And Forced Medication For The Suspicion Of Intent Or Capacity To Do Harm. I'd Just As Soon These Were The Last Murders Of ANY Kind. But I See Attacking The Root Cause As Fiendishly Difficult, Problematic, And Worth The Effort. I Don't See A Clear Path....
12/16/12
"Nearly all men can stand adversity, but if you want to test a man's character, give him power"
-- Abraham Lincoln
Chartz And Table Zup @ www.joefacer.com
http://www.youtube.com/watch?v=RQwR1Ph35Jo
http://www.youtu -
Seasonings Greetings, Christmas Goose, Mulled Wine And Cider, And Nutmeg Floating on the 'Nog.
12/08/12
Republicans have been accused of abandoning the poor. It's the other way around. They never vote for us.
Dan Quayle
Chartz And Table Zup @ www.joefacer.com
Our Seasonal Musical Selection....
http://www.youtube.com/watch?feature=pl<
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Another New Year, Another Political Train Wreck. I Feel I'm Too Mature To Watch Pro Wrestling, Roller Derby, And Destruction Derbies Any More. My Wife Says I'm Too Mature To Watch Jello Wrestling. My Inner Junior High School Kid Sez " Thanks Gawd For Congress And Political Train Wrecks. DID YOU SEE THAT!!!!!!!"
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November
-
See, It's The Whole Pension Deficit Disorder Thing.... See. Like Corporate Profits And Wages vs GDP... Visual Aids Below. Think Right Wing Corporate Political Activities Seeking A Sponsorship By Doc Johnson Enterprises.
11/30/12
All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.
-- John Kenneth Galbraith
Chartz And Table Zup @ www.j -
A Death In The Family.......... It'll Be A Minimal Activity Week. Let's Stir In A Virus Sunday Eve To Wednesday (So Far, But I'm Feeling Better..) To Make It Even More Of A Downer Week.......... Maybe I'll Distract Myself Posting Here.
11/24/12
For purposes of action, nothing is more useful than narrowness of thought combined with energy of will.
-- Henri Frederic Ameil
Chartz And Table Zup @ www.joefacer.com
Back to the past, in a period that was so dark but with so much prom -
Voting Is Your Voice. It Is A Life And Death Choice In Regard To The Dignity Of Man And The Destiny Of Tomorrow. On The Other Hand, Every Time You Vote, It Encourages A Politician. Damned If You Do, Damned If You Don't....
11/17/12
"I argue very well. Ask any of my remaining friends. I can win an argument on any topic, against any opponent. People know this, and steer clear of me at parties. Often, as a sign of their great respect, they don't even invite me."
--Dave Barry
Char -
JEEZUS!!! I DIDN'T THINK THE ELECTION WAS EVER GONNA GET HERE!!! THANK GOD THAT'S OVER!!!!!
11/10/12
People often claim to hunger for truth, but seldom like the taste when it's served up.
--George R. R. Martin
Chartz And Table Zup @ www.joefacer.com
GAWD I want one.... http://cardesigncommunity.com/articles/
http -
Ya get to my age, you get used to losing the old timers. You become an old timer and you get used to losing your contemporaries; I went to my first High School reunion this year and I was surrounded by geezers, and not as many as there shoulda been. But when you lose one of the younger guys, it ain't expected and it stings. RIP Redbone.
11/03/12
Our activity as investors is not to try to identify tops and bottoms - it is to constantly align our exposure to risk in proportion to the return that we can expect from that risk, given prevailing evidence.
-- John Hussman
Chartz And Table Zup @ www.joefacer.com
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See, It's The Whole Pension Deficit Disorder Thing.... See. Like Corporate Profits And Wages vs GDP... Visual Aids Below. Think Right Wing Corporate Political Activities Seeking A Sponsorship By Doc Johnson Enterprises.
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October
-
It's An Interlinked 24/7 Real Time Personal Publishing Social Media Driven World. And I'm An Antisocial, Extremely Private, Cynical, And Snarly Curdmugeon. So I Went To The Stocktoberfest New New Media Conference Last Week And Hungout With Web Visonaries, Social Media App Developers, Retired And Active Venture Capitalists, Entrepreneurs, International Financeers, And Code Monkeys. I Feel Like A Fish Who Just Got Introduced To The Wonders Of The Bicycle.
10/29/12
Don't go around saying the world owes you a living. The world owes you nothing. It was here first.
—Mark Twain
Chartz And Table Zup @ www.joefacer.com
BeBop. 'Cuz Sometimes Ya Gotta Take A Step Outside Of Your Comfort -
Weather and Politics. Change On The Horizon. One Inexorable, The Other Maybe Not......
10/20/12
"The art of investment is the art of selling. Buying is a lesser skill and holding requires no skill at all."
-- Harry Schultz
Chartz And Table Zup @ www.joefacer.com
Not Only The Famously Dead Before Their Time, But The Supporting Cast -
I Gotta Bad Case O' Short Timer's Attitude... I've Had It Since The Early 80's.
10/13/12
"Ever notice that 'What the hell' is always the right decision?"
--Marilyn Monroe
Chartz And Table Zup @ www.joefacer.com
Pickin' an' Grinnin'
http://www.youtube.com/watch?v=vGWfDkx4
http://www.y -
If You Are Smart, Talented, And Lucky, It Seems You'd Be Unstoppable. But The Third Leg Of The Stool Trumps The Other Two Hands Down....
10/06/12
"No one that ever lived has ever had enough power, prestige, or knowledge to overcome the basic condition of all life -- you win some and you lose some."
-- Ken Keyes, Jr.
Chartz And Table Zup @ www.joefacer.com
Killer...
ht
-
It's An Interlinked 24/7 Real Time Personal Publishing Social Media Driven World. And I'm An Antisocial, Extremely Private, Cynical, And Snarly Curdmugeon. So I Went To The Stocktoberfest New New Media Conference Last Week And Hungout With Web Visonaries, Social Media App Developers, Retired And Active Venture Capitalists, Entrepreneurs, International Financeers, And Code Monkeys. I Feel Like A Fish Who Just Got Introduced To The Wonders Of The Bicycle.
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September
-
I'm Not Going To Vote For Romney, But I'd Sure Like To Take Advantage Of Tax Rules Like He Does....
09/29/12
“The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.”
-- John Kenneth Galbraith
Chartz And Table Zup @ www.joefacer.com
I went to see -
Ride Fast; Take Chances. Never Risk Your Tombstone Bearing The Epitaph "Nobody Noticed Him When He Was Here, And He Left No Mark When He Was Gone". No Fear
09/23/12
"If you keep thinking about what you want to do or what you hope will happen, you don't do it, and it won't happen."
-- Joe DiMaggio
Chartz And Table Zup @ www.joefacer.com
But, Jazz...Know What I Mean....I Mean, Like Jazz..
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Yee HAAAAA!!! (Famous Chinese Rodeo Cowboy. Son Of Waa Hoooo.)
09/15/12
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
-- William Arthur Ward
Chartz And Table Zup... @ www.joefacer.com
My kids spent 2 years plus in England and through them I -
As I Was Tellin' One O' My Richmond HomeBoyz.... Homie Does Not Engage In That Recreational Pastime.
09/09/12
"Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise is false, ride that trend and step off before it is discredited."
-- George Soros
Cha
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I'm Not Going To Vote For Romney, But I'd Sure Like To Take Advantage Of Tax Rules Like He Does....
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August
-
'scuse Me.... Albert King
08/31/12
"Economics is a subject that does not greatly respect one's wishes."
-- Nikita Khrushchev
Chartz And Table Zup @ www.joefacer.com
http://www.youtube.com/watch?v=wdDRCIEEZ3w
http://www.youtube.com/watch?v=Hw-kPkdr
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Doo Wah Diddy.... Having Said That, It Pretty Much Brands Me As The Anti- Millennial...
08/25/12
"Being shot out of a cannon is always better than being squeezed out of a tube,
that's why God invented fast motorcycles bubba..."
-- Hunter S Thompson
Chartz And Table Zup @ www.joefacer.com ...
pSYCHAdelIC...
http://www.y -
No Blog This Week....
08/20/12
60% bonds, Balance Stocks
See ya next weekend....
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My Toast Is Cold And My Orange Juice Is Hot.... That's The Bag I'm In.... Fred Neal
08/12/12
"Illusions commend themselves to us because they save us pain and allow us to enjoy pleasure instead. We must therefore accept it without complaint when they sometimes collide with a bit of reality against which they are dashed to pieces."
– Sigmund Freud
Charts -
Purple haze all in my brain. Lately things just don't seem the same. Actin' funny, but I don't know why. 'Scuse me while I kiss this fly...
08/03/12
Never appeal to a man's 'better nature.' He may not have one. Invoking his self-interest gives you more leverage.
-- Robert A. Heinlein, The Notebooks of Lazarus Long
Chartz And Table Zup @ www.joefacer.com
http://www.youtube.com/watch?v=
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'scuse Me.... Albert King
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July
-
New Computer...stay tooned...
07/28/12
Stay tooned while I revise my set up....
In the mean time, I've moved a little from bonds to stocks. This is a window into part of what I'm doing. There's more than this going, but this is food for thought.
http://www.thereformedbroker.com/2012/0
http://www. -
"My Mind Starts Relaxin' When I See Pictures Of Jackson..." Richard "Little Richard" Penniman
07/21/12
Losing less money is considered a big success on Wall Street. In the world of fund management, relative outperformance vs. a benchmark is the focus, but any individual who is struggling to only lose 30% or so vs. the 37% that the S&P 500 has lost is going to barely survive.
-- James “Rev Sh -
Bankers And Other Financial Professionals... Like Say Barclays Or Peregrine... Threat? Or Menace?
07/14/12
Rick: Your cash is good at the bar.
Banker: What? Do you know who I am?
Rick: I do. You're lucky the bar's open to you.
--Casablanca
Chartz And Table Zup @ www.joefacer.com
Troy Bayliss is one of the most talented and deter -
Bull Markets Are A Breeze, You Buy, You Hold, The Money Flows In, And You Look And Feel Like A Genius. Bear Markets, You Allocate And Reallocate And Risk And Work Hard For A Hand Full Of Dollars. Oh Well. That's How The Game Is Played.... Victories Are Unimpressive And Sweet! Or So I've Been Told...
07/07/12
Thoughtless risks are destructive, of course, but perhaps even more wasteful is thoughtless caution, which prompts inaction and promotes failure to seize opportunity.
-- Gary Ryan Blair
Chartz And Table Zup @ www.joefacer.com
Butterfield with.... D -
Contract Ends Today (Sat), No Agreement, And The Clock Ticking On A Strike. And Will The Markets Accept Fixing Europe's Debt Problem By Borrowing Money And The Bailed Out Nations Helping Bail Out Other Nations? I'm Just Not Sure About All This Uncertainty....
07/01/12
You would be amazed how few traders are sure about uncertainty.
-- Howard Simons
Chartz And Table Zup @ www.joefacer.com
Butterfield...
http://www.youtube.com/watch?v=B4GNci5koi8
http://www.youtube.com/watch?v=1kpz-1qp
http://www.youtube.co
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New Computer...stay tooned...
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June
-
When The World's Spiraling Down, Save The Best Of What's Still Around... Like Lindley And Cooder.
06/23/12
“The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.”
-- John Kenneth Galbraith
Chartz And Table Zup at www.joefacer.com
Da -
Potential War In The Mid East, Financial And Economic Collapse In Europe, Recession Looming In SA, India And China, Major Unemployment Issues In The US Long After What Passes As A Recovery Has Taken Place. Still It's A Beautiful Sunny Day Today And Father's Day Is Happening Today And Tomorrow. Grab The Good Times Even While You Sweat The Bad Times. Life Is A One Act Play. Enjoy All Of It.
06/16/12
I really don't want to hear about "values." It is meaningless to me if the price action doesn't confirm the fact that something is cheap and people recognize that fact. If a stock really is a good value, then it should start trading up. I don't care what the analysis might b -
WFO! Twist The Wrist! 100 MPH @ 100 Degrees! Rode My CBR Over To Rent A Can Am Spyder To Visit My Uncle And Try To Put Him In The Wind. The Spyder Is A Strange Beast With A Detuned Aprilia Superbike Motor. And What A Motor!!! But Gawd It Felt Good To Get Back On a 600 And Two Wheels Onna Way Home... BUT, I've Seen The Light. I NEED A LOT MORE MOTOR AND THE SAME SIZE BIKE. It Should Be Doable....
06/10/12
The budget should be balanced, the treasury should be refilled; public debt should be reduced; and the arrogance of public officials should be controlled.
-- Cicero, 106-43 B.C.
Chartz And Table Zup @ www.joefacer.com
Pop music; Lightweight, dispo -
De Doe Doe Doe, De Dah Dah Dah...Is All I Want To Say To You... "The Police" From The Lost "Dragnet Tapes".
06/05/12
Monday Eve...
http://www.thereformedbroker.com/2012/0
Wednesday;
Smokin' Hot Day!!!!
But....
“As to the stock market: again, calm down. Counter trend rallies are euphoric. They are
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When The World's Spiraling Down, Save The Best Of What's Still Around... Like Lindley And Cooder.
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May
-
Internet Issues..... But the fact that I posted that, means.....
05/31/12
Thursday
Not much changed... Lookit da S&P.....
Friday,
Well... That unemployment report qualifies as a change....
Cash and bonds inna 401 work fo me....
CHECK IT OUT. STAY FLEXIBLE W/ DOUGIE, AND MAKE NO MISTAKE... SOMETIME INNA FUT -
There Is No Point To Making Money In The 401 If After Every Rip, I Give It Right Back On The Next Dip. "Deer In The Headlights" And Passive Acceptance Are Not My Preferred Modes Of Operation....
05/19/12
A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort.
--Herm Albright
Chartz And Table Zup @ www.joefacer.com
Sometimes ya turn yer back onna favorite burger shake and fries and go for so -
"In other words, JPMorgan Chase, entirely without any help from the government has lost, in this one set of transactions, five times the amount they claim financial regulation is costing them," Barney Frank said.
05/12/12
It's all fun and games until someone gets hurt.
-- Mom
Chartz And Table Zup @ www.joefacer.com
Listening to the King....
http://www.youtube.com/watch?v=8wGU3sIn
http://www.youtube.com/watch?v=rbqtnNor
http://www.youtube.com/watch?v=7e8z8Jy6 -
I'm Just An Old School Kinda Guy..... 'Cuz I'm Just Plain Old..
05/05/12
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
-- William Arthur Ward
Chartz And Table Zup @ www.joefacer.com
A different kind of music for a bright Spring day...
http://www.you
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Internet Issues..... But the fact that I posted that, means.....
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April
-
Beautiful Spring Saturday Morning And Some Guitar Music Outa The Past. But Then... As Long As I'm Listening To It Today On my Internet Device, Ain't It Current Music?
04/28/12
"Patience is waiting. Not passively waiting; that is laziness. But to keep going when the going is hard and slow -- that is patience."
-- Unknown
Chartz And Table Zup @ www.joefacer.com
http://www.youtube.com/watch?v=s7V5-O8Z
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Spring Has Landed In No. CA Like A Ton Of Hay Fever. Flowers And Pollen And 80+ Degree Temps + Bikes Onna Pacific Coast Highway.....Koooll!
04/22/12
The conventional view serves to protect us from the painful job of thinking.
-- John Kenneth Galbraith
Chartz And Table Zup @ www.joefacer.com
Sixty percent cash and bonds and 40% stock. I'm feelin' the risk and not the reward.... -
" Why Not Sell In April And Go Away?" Doug Kass. Why Not Indeed?
04/15/12
"Stubbornness is the strength of the weak."
-- Johann Kaspar Lavater
Chartz And Table Zup @ www.joefacer.com
Gotta Love A Band W/ Four Tuba Players. No, Not Tuba Playa's....
http://www.wolfgangsvault.com/concerts/
Parta W -
For there's a change in the weather, There's a change in the sea, So from now on there'll be a change in me. There's A Change Inna Market, There's A Change In Me, Gonna Try To Keep A Dollar, Just You Wait And See...
04/08/12
"It is not how right or how wrong you are that matters, but how much money you make when right and how much you do not lose when wrong." -- George Soros
Chartz And Table Zup @ www.joefacer.com
http://www.youtube.com/watch?v=DDOIL5Oq
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No I Did Not Win The Mega Millions Lotto.
04/01/12
I Was Prolly Gonna Take The Whole Week Off of EVERYTHING If I Won the Lottery. I Didn't Win. But I Can Take The Week Off Writing The Blog, Anyway. So I Will...
Still WAY Long Stocks As Per www.joefacer.com. Off For The Week Or Not, If That Changes, I'll Post It here Anyway...
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Beautiful Spring Saturday Morning And Some Guitar Music Outa The Past. But Then... As Long As I'm Listening To It Today On my Internet Device, Ain't It Current Music?
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March
-
First Things First. Or Not.... I Have Iron Clad Unbreakable Rules, First Among Which Is To Always Cut My Self Some Slack....
03/24/12
A stockbroker is someone who invests your money until it is all gone.
-- Woody Allen
Chartz And Table Zup @ www.joefacer.com
Sounded good back inna day. Still does. The live Record Plant broadcast were great... Play it LOUD.
http://www.wolfga -
Playin' Inna Band....
03/17/12
People often claim to hunger for truth, but seldom like the taste when it's served up.
--George R. R. Martin
Chartz And Table Zup @ www.joefacer.com
http://www.wolfgangsvault.com/grateful-
Good Dead was good indeed. Bad Dead soured me on showing up -
Goin' Old Skool
03/10/12
Listen To The Market, Not The Noise That Surrounds It.
-- Robert Lang
Chartz And Table Zup.... @ www.joefacer.com
Aulde Skooole Musick....
http://www.wolfgangsvault.com/the-nevil
http://www -
What A Strange Long Trip It's Been.... And We're Only Half Way There....
03/02/12
"The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
— Alexis de Tocqueville
Chartz And Table Zup @ www.joefacer.com
http://www.youtube.com/watch?feature=pl
Way Too
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First Things First. Or Not.... I Have Iron Clad Unbreakable Rules, First Among Which Is To Always Cut My Self Some Slack....
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February
-
Hmm.. .Blogs; A Total Waste of Time? A Source Of Dangerous Mis Information?, Self Centered Self Gratification? A Dangerous Crowding Out Of Real Content? The Descent Of Erudite Intellectual Activity Into the Cacophony Of The Uneducated Masses? The Dilution Of Expertise And Knowledge?..... Pretty Much.
02/25/12
“Congress, 535 commoditized temple monkeys pawing through the ruins of America in search of bribes. The bicameral whorehouse on Capitol Hill works like a vending machine. You put coins in the slot, select your law, and the desired legislation slides out.”
-- Fred Reed
Ch -
Your Life Is A One Act Play And You Are The Author. I'm Writing My Life As An Adventure and A Light Hearted Comedy. What Choo You Doin' Wit' Your Lifes?
02/18/12
It has always been my view that Technical Analysis is an art, and like art, there are a lot of really bad examples of it out there.
--Rev Shark
Chartz and Table Zup @ www.joefacer.com.
Damn!!
http://www.youtube.com/watch?v=K7r8uxe_
http://www -
Smoking First 6 Weeks Of The Year. On Fire From Here? Or Down In Flames?
02/12/12
"No one that ever lived has ever had enough power, prestige, or knowledge to overcome the basic condition of all life -- you win some and you lose some."
-- Ken Keyes, Jr.
Chartz And Table Zup @ www.joefacer.com
Rory...
http://www.youtube.com -
Superbowl Sunday; Prolly Get To Doin' A Little Work On My Superbike...
02/03/12
"There are some things which cannot be learned quickly, and time, which is all we have, must be paid heavily for their acquiring."
Ernest Hemingway
Chartz And Table Zup @ www.joefacer.com
To Choogle, Or Not To Choogle....That Is The Quest
-
Hmm.. .Blogs; A Total Waste of Time? A Source Of Dangerous Mis Information?, Self Centered Self Gratification? A Dangerous Crowding Out Of Real Content? The Descent Of Erudite Intellectual Activity Into the Cacophony Of The Uneducated Masses? The Dilution Of Expertise And Knowledge?..... Pretty Much.
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January
-
Hey!!! Us Northern Californians Would Be Happy To Take Some Of That Rain From Those With Too Much. A Coupla Years Of Brown Hills And Lawns Inna Spring And Yellow Water Inna Toilets All Year 'Round Inna 70's Was Enuff, Thank You.
01/28/12
"The art of investment is the art of selling. Buying is a lesser skill and holding requires no skill at all."
-- Harry Schultz
Chartz And Table Zup @ www.joefacer.com
Dougie Sahm; Long Live Garage Bands And The Razor Sharp Sound Of A Far -
All Hail Marx And Lennon...
01/20/12
Who are you going to believe, me or your lying eyes?
-- Groucho Marx
Chartz And Table Zup... @ www.joefacer.com
Ich Bin Ein Krome Dinette...
-- Francesco Zapparelli
http://www.youtube.com/watch?v=2vYW0ECES5g
http://www.youtube.c -
First Time In Years I've Dug Through The Fusion Section Of The Record Cabinet... AWESOME!!!!!!!
01/14/12
“I like to pay taxes. With them, I buy civilization.”
-- Oliver Wendell Holmes
Chartz And Table Zup @ www.joefacer.com
It's been a few years since I dug through the fusion section and anything vinyl with Al Di Meola on it is amazing with a very -
First Week Of The Year. I Gotta Hangover Of Christmas/Holiday Cheer. Not All Hangovers Are Bad....
01/07/12
Many conveniently cite a book that they have not read, covering data that they have not reviewed, employing methodology that they do not understand, and reaching a conclusion that is not shared by many peers. This happens because the conclusions support a viewpoint that they already hold -- quite f
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Hey!!! Us Northern Californians Would Be Happy To Take Some Of That Rain From Those With Too Much. A Coupla Years Of Brown Hills And Lawns Inna Spring And Yellow Water Inna Toilets All Year 'Round Inna 70's Was Enuff, Thank You.
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December
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2011
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December
-
I've Had Worse Years....I've Had Better Years Too...
12/31/11
"Character consists of what you do on the third and fourth tries."
-- James A. Michener
Chartz And Table Zup @ www.joefacer.com
Bonamassa. 'nuff said.
http://www.youtube.com/watch?v=sRxqYoZi
http://www.youtube.com/watch?v=46UFXQVS -
Merry Christmas... Please Remember Those With Less Reason to be Merry.....
12/23/11
(I was) At a Wall Street bar yesterday listening to a trader make an impassioned defense of Mr. Potter in "It's a Wonderful Life" and blaming the Bailey Building & Loan for the subprime crisis.
-- Kamal Khan
I was at a party last weekend and one of the guests, -
Season's Greetings!!!! Started Shopping yet? Me Neither....
12/18/11
Facts do not cease to exist because they are ignored.
-- Aldous Huxley
Chartz And Table Zup @ www.joefacer.com
Dan o' Steel.... About that origin.....
http://www.wolfgangsvault.com/concerts/
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Saw Bonamassa Last Night.The Wife And I Were As Impressed W/ The Drummer As Joe. Mostly Elderly Crowd; Almost As Old As I Am... A Few Were Convinced That The Program Was Their's, Coulda Been Worse...
12/10/11
"No one that ever lived has ever had enough power, prestige, or knowledge to overcome the basic condition of all life -- you win some and you lose some."
-- Ken Keyes, Jr.
Chartz And Table Zup @ www.joefacer.com
http://www.youtube.com/watch?v -
The Markets Disappointed Those Waiting for Year End Melt Up Into Giving Up... Then It Blind Sided Those Who Gave Up..... DAMN!!!!!!!!
12/03/11
“There is a cult of ignorance in the United States, and there always has been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that “my ignorance is just as good as your knowledge
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I've Had Worse Years....I've Had Better Years Too...
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November
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Boy, I Sure Screwed That One Up....But ...That Was Last Night. From Zero To Hero And From Chump To Champ In 8 Hours...
11/27/11
"The market is not a sofa, it is not a place to get comfortable."
Jim Cramer
Chartz And Table Zup.... @ www.joefacer.com
Makes Me Feel Better...
http://www.youtube.com/watch?v=Hs-HwuZw
http://www.youtube.com/watch?v=pqashW66D7o -
Not Yet Thanksgiving, Yet Holiday Season Heard Just Around The Corner.....Is It Me That's Wrong And Not The Picture?
11/12/11
"Sometimes I lie awake at night, and I ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'"
-- Charles M. Schulz
Chartz and Table Zup @ www.joefacer.com
If You're -
Headline Risk And 95% Correlation Of Stocks With The Headlines; An UnEnding Source Of Amazement And Delight..... Turn Out Delight....
11/05/11
“There are two novels that can change a bookish fourteen-year olds life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the
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Boy, I Sure Screwed That One Up....But ...That Was Last Night. From Zero To Hero And From Chump To Champ In 8 Hours...
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October
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Every Pitcher Tells A Story, Doughnut.......
10/29/11
Lindsey Campbell; What do you do to fix the economy?
Barry Ritholtz; I don’t know that the economy needs fixing. What do you do to fix night? You wait and it becomes day.
Charts And Table Zup @ www.joefacer.com
I'd heard that -
You Can Lead A Horse To Water, But Unless You Can Teach Him To Swim On His Back, Ya Ain't Showed Me Nothin......
10/22/11
“I’ll believe corporations are people when Texas executes one.”
-- Seen At Occupy Wall Street Rally
Chartz And Table Zup @ www.joefacer.com ...
Every Young Man Has Something He Hopes Never Sees The Light Of Day...Enjoy.
http: -
Busy Weekend. I'll post as time permits...
10/15/11
Chartz and table zup @ www.joefacer.com
I got some money back in stocks. ma y keep it there, may not. .
Wed...
http://www.bloomberg.com/news/2011-10-2
http://www.thereformedbroker.com/2011/1
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The Tea Party Last Year And The Occupy Wall Street Movement This Year. Shades Of The Sixties And Seventies!!. Maybe A Third Or Fourth Party? Oh Boy! This Generation's Choice Between Perot/Iaccoca And Nader!! Louis Louis..... Me Gotta Go Now ...
10/08/11
Isn't it strange? The same people who laugh at gypsy fortune tellers take economists seriously.
--Unknown
Chartz and Table Zup @ www.joefacer.com
The original Procul Harum LP was in mono and they waited a year to release the album after the
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Every Pitcher Tells A Story, Doughnut.......
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September
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Forty Years Ago, I Didn't Understand Why All The Old Timers Ever Talked About Was Retiring. It Gets Clearer Every Year....
09/30/11
Risk Management and Capital Preservation is often confused with Market Timing, and therefore is frowned upon.
-- Barry Ritholtz
Chartz and Table Zup @ www.joefacer.com
Marshall Tucker Was A Rock Band Before They Were Country. I Saw 'em Open For -
I Guess I Do Kinda Look Like Jerry Garcia Used To Look.... I Got There By a Different Route...
09/24/11
“The race is not always to the swift nor the battle to the strong, but that’s the way to bet.”
-- Damon Runyon
Chartz And Table Zup @ www.joefacer.com
http://www.wolfgangsvault.com/link-wray
Coupla Guitarists Always Worth Seein'... R -
Blues An' New Orleans Piano Onna Turntable.....
09/17/11
If you can't be a good example, then you'll just have to serve as a horrible warning.
-- Catherine Aird
Chartz And Table Zup @ www.joefacer.com
I got this last week from Louisiana Music Factory. SMOKIN'!!!!
http://www.ama -
Ya Get One Life. Enjoy It While Ya Got It... Rest In Sobriety And Decorum When Yer Dead. WFO Until You See God, Count Ta Two....And THEN Hit The Brakes.
09/09/11
"The primary objective of leadership is to help those who are doing poorly to do well and to help those who are doing well to do even better."
-- Jim Rohn
Chartz And Table Zup @ www.joefacer.com
Tanqueray Man....
http://w -
Things Could Be Worse.... Therein Lies The Problem.....
09/03/11
“You have enemies? Good. That means you've stood up for something, sometime in your life.”
--Sir Winston Churchill
Chartz And Table Zup @ www.joefacer.com
Find The Piano Player.....
http://www.youtube.com/watch?v=AzFwJq1B
http:/
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Forty Years Ago, I Didn't Understand Why All The Old Timers Ever Talked About Was Retiring. It Gets Clearer Every Year....
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August
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Henenah Henenah Henenah Hey, Hoy Hoy Hoy. Po jama People.... Frank Zappa
08/27/11
"An imbalance between rich and poor is the oldest and most fatal ailment of all republics."
--Plutarch
Chartz And Table Zup @ www.joefacer.com
He Was In Fucking Credible in the '60s And He Was Every Bit As Good In The 70's, 80 -
There Is A Season, Turn, Turn, Turn.... The Quicker You Recognize That, The Sooner You Stop Plowing And Seeding Snow And Start Making Hay While The Sun Shines
08/20/11
“Being wrong and losing money: that is part of the game. Being right and not making money: that is really annoying.”
-- John Hempton,
Chartz and Table Zup @ www.joefacer.com
Find the Guitarist....
http://www.youtube.com/watch?v=TcT -
I Know There's A Lot Of People Out There Who Are Thinking, "Please Dear God, Just Let Me Break Even On My Investments. I've Worked Really Hard And I Could Really Use The Money." Seems Kinda Sad.....
08/12/11
"The truth will set you free, but first it will make you miserable."
--James A. Garfield
Chartz and Table Zup @ www.joefacer.com
Twelve Year Old Joe Bonamassa regularly opened for BB King and held his own with everybody. Like -
It Looks Like The Next 5 Years Are Going To Be The "Interesting Times" Of The Old Chinese/Jewish/American Saying..... Google It....
08/06/11
It's all fun and games until someone gets hurt.
-- Mom
Chartz And Table Zup @ www.joefacer.com
J Tull started out as a blues band and quickly evolved into Ian Anderson's vision of an rock ensemble. I've always liked Tull, but the ear
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Henenah Henenah Henenah Hey, Hoy Hoy Hoy. Po jama People.... Frank Zappa
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July
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Got My Mojo Workin'... Got My Mojo Workin'...... Jes' Doan' Work On You. McKinley Morganfield
07/29/11
"More than any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness. The other, to total extinction. Let us pray we have the wisdom to choose correctly."
-- Woody Allen
Luckily, We Got Congress To Choose our Path For Us A -
MOTOGP!!!!!! GAWD!!!!!!
07/26/11
Despite all of the talk about Democratization of investing, Wall Street primarily serves only the very wealthiest Americans. And that is a shame.
-- Barry Ritholtz
Chartz and Table Zup @ www.joefacer.com
BUTTERFIELD!!!!!
http://www.youtub -
I Listened To An Ex Senator Alan Simpson Interview On The Bi Partisan Deficit Report....Horrifying...I Think It Is Fixable. I'm Not Sure It Will Be....
07/15/11
Briefly stated, the Gell-Mann Amnesia effect is as follows. You open the newspaper to an article on some subject you know well. In Murray’s case, physics. In mine, show business. You read the article and see the journalist has absolutely no understanding of either the facts or the issues. Often, the -
Politics? Control Alternate Delete. Works For Me. Some Times It's The Right Thing To Do...
07/09/11
I am not a Democrat, because I have no idea what their economic policies are; And I am not a Republican, because I know precisely what their economic policies are.
-- Barry Ritholtz
Chartz and Table Zup @ www.joefacer.com
We're All Showin' Th -
Death Is Nature's Way Of Telling You To Slow Down. Kinda The Ultimate Excuse. Until Then, No Excuses....
07/02/11
"In theory, there is no difference between practice and theory. In practice, there is."
-- Yogi Berra
Chartz and Table Zup @ www.joefacer.com
Taj and Keef do my two favorite versions of Leaving Trunk. Here's both of them. if only video had
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Got My Mojo Workin'... Got My Mojo Workin'...... Jes' Doan' Work On You. McKinley Morganfield
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June
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Weather Sure Is Strange.... Winter To Summer In Two Days.
06/25/11
"If things go wrong, don't go with them."
--Roger Babson
Chartz and Table Zup @ www.joefacer.com
So much Talent, So much of a Tragedy...Jaco, one from the darker late days,two from when it was all about his present and the bright futu -
We're Not As Far Down As We Were In March, But It Feels A Lot Worse.... Kinda Like 84 Degrees F at 7:30 AM Feels Different Than 84 Degrees F At 3:30 PM. Feels Like Something Serious Is Onna Way.....
06/17/11
People only accept change when they are faced with necessity, and only recognize necessity when a crisis is upon them.
-- Jean Monnet
Chartz And Table Zup @ www.joefacer.com
Back Inna Day, KSAN was tryin' to stay afloat post Hippie Apocalypse a -
After The Banks In Ireland And Finland Blew Themselves Up Through Too much Leverage And Speculation, The Governments Transferred The Losses To The Citizens. Then The Citizens Voted Themselves A New Government. Stay Tooned....
06/11/11
"The trick is to stop thinking of it as "your" money."
—IRS auditor
Chartz and Table Zup @ www.joefacer.com .........
'Cuz When All Is Said And Done, The Old Songs Bring Back the Old Days, And That's A Very Good Thing... -
tick, tick, tick...
06/04/11
"When the plane is going down and the oxygen masks have dropped and parts of the plane are peeling off as you plummet toward the earth, that’s not the time to pull out the little card in the seat in front of you and say, ‘Gee, where are the emergency exits?' Everybody should have an emerge
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Weather Sure Is Strange.... Winter To Summer In Two Days.
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May
-
Blogs; A Total Waste of Time? A Source Of Dangerous Mis Information?, Self Centered Self Gratification? A Dangerous Crowding Out Of Real Content? The Descent Of Erudite Intellectual Activity Into the Cacophony Of The Uneducated Masses? The Dilution Of Expertise And Knowledge?..... Pretty Much.
05/28/11
Page after page of professional economic journals are filled with mathematical formulas leading the reader from sets of more or less plausible but entirely arbitrary assumptions to precisely stated but irrelevant theoretical conclusions.
—Wassily Leontief
Chartz And Tabl -
Ya Don't Slow Down, Ya Never Grow Old. ----- Tom Petty . . . . I'll Let Ya Know How It Works Out....
05/21/11
"If you keep thinking about what you want to do or what you hope will happen, you don't do it, and it won't happen."
-- Joe DiMaggio
Chartz and Table Zup @ www.joefacer.com
The End Of QE2, Rising Rates In Euro Asia, More Forec -
What Happens To The Party (The Markets) When The Fed Takes Away The Punch Bowl (Zero Interest Rate Policy [ZIRP] )?
05/14/11
Just remember one thing: there are no good stocks. They all suck. Even those that are making you money are going to turn on you sooner or later. The only stock you should say anything good about is the one you no longer own that made you money.
--Reverend Shark
Char -
Another Day, Another Drachma... Or Simolean. Whatever....
05/07/11
"Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale."
-- Zig Ziglar
Chartz And Table Zup @ www.joefacer.com.
One Gawdamn Treasure After Another.
-
Blogs; A Total Waste of Time? A Source Of Dangerous Mis Information?, Self Centered Self Gratification? A Dangerous Crowding Out Of Real Content? The Descent Of Erudite Intellectual Activity Into the Cacophony Of The Uneducated Masses? The Dilution Of Expertise And Knowledge?..... Pretty Much.
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April
-
IF YOU ARE GOING TO FIGHT TO SAVE THE AMERICAN MIDDLE CLASS, YOUR FIRST OBLIGATION IS TO SAVE YOURSELF. WE NEED NUMBERS ON OUR SIDE TO BALANCE THE MONEY ON THE OTHER SIDE. START BY MAKING YOUR 401A WORK FOR YOU. YOU FIGHT BEST FROM A FIRM FOOTING ON A SOLID FOUNDATION. HERE'S WHAT I'M DOING...
04/30/11
I am opposed to millionaires, but it would be dangerous to offer me the position.
-- Mark Twain
Chartz And Table Zup @ www.joefacer.com
It's Really Really Fun, Boys And Girls, And So Very Educational Too....
http://www.ritholtz.com/blog/2 -
Thank God I Grew Up When Honesty Demanded That You Call Them Sugar Pops And Sugar Smacks And Sugar Frosted Flakes. And It Was OK That Quakers Made Puffed Rice And Puffed Wheat For Kids That Were Shot From Guns ....
04/22/11
The more you know, the harder it is to take decisive action. Once you become informed, you start seeing complexities and shades of gray. You realize that nothing is as clear and simple as it first appears. Ultimately, knowledge is paralyzing. Being a man of action, I can’t afford to take that risk.< -
Soon. no time now...
04/16/11
“Middle-class America experienced a lost decade in their retirement accounts, whereas executives enjoyed record compensation packages through the subterfuge of stock option programs. There has been a massive wealth transfer from middle-class America’s retirement accounts to the bank accounts of -
Back To The 50's. Inna 50's There Was Open Air Nuclear Tests Inna Pacific, Strontium 90 Inna Food And Milk. Now It's 2011 And There Are Missing Reactor Cores And Explosion Dispersed Spent Cores And Iodine 131 And Cesium Isotopes Inna Food. Forward To The Past...
04/09/11
"I have opinions of my own -- strong opinions -- but I don't always agree with them."
--George H. W. Bush
Chartz And Table Zup @ www.joefacer.com
Speakin' O' The Past...
http://www.youtube.com/watch?v=NrABhokO
Brings me back t -
Remember Back To "The End Of History"? Seems Kinda Silly In Retrospect. Poor Choices And Bad Judgement Writing History In Japan And Nothing Lasts Forever Anymore Going Down In MENA. Historic, Really....
04/02/11
Never let the future disturb you. You will meet it, if you have to, with the same weapons of reason which today arm you against the present.
-- Marcus Aurelius
Chartz And Table Zup @ www.joefacer.com
A Glimpse Of What It Was Like Back I
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IF YOU ARE GOING TO FIGHT TO SAVE THE AMERICAN MIDDLE CLASS, YOUR FIRST OBLIGATION IS TO SAVE YOURSELF. WE NEED NUMBERS ON OUR SIDE TO BALANCE THE MONEY ON THE OTHER SIDE. START BY MAKING YOUR 401A WORK FOR YOU. YOU FIGHT BEST FROM A FIRM FOOTING ON A SOLID FOUNDATION. HERE'S WHAT I'M DOING...
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March
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"Been Down So Long, It Looks Like Up To Me" That's How You Get Talking Heads Pontificating About A Healed Economy And Business Looking Up. Pay No Attention To What Is Behind The Screen......
03/26/11
"The effect of mobiles, computers, satellites—there is a generation coming that is outside the traditional controls. Normally, generations re-create themselves. But something else is happening."
-- Mohamed Haykal
Chartz And Table Zup @ www.joefacer.com
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Flu An/Or A Bad Cold, Glow Inna Dark Bad Shit In Japan, Live Fire/Real Live Dead In MENA, A Major Push At Work When I Got Back, And All Cash Alla Time Inna 401a, Why Post? That Was Then. This Is Now
03/19/11
Risk Management and Capital Preservation is often confused with Market Timing, and therefore is frowned upon.
-- Barry Ritholtz
Chartz And Table Zup @ www.joefacer.com
Day Of The Eagle, Not The Dove, Indeed.
http://www.youtube.com/watch?v=_w7L -
All Risk. No Reward In Sight Worthy Of The Risk.....
03/15/11
All Stable Value Fund Inna 401a..
A lotta oil inna ira's and my foolin' around account.
http://www.ritholtz.com/blog/2011/03/japan-and-bahrain-oh-my/
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Way Too Much Oil Innat.....I Think I'm Gonna Throw Up.......
03/05/11
"The art of investment is the art of selling. Buying is a lesser skill and holding requires no skill at all."
-- Harry Schultz
Chartz And Table Zup @ www.joefacer.com
Unions; The Peop
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"Been Down So Long, It Looks Like Up To Me" That's How You Get Talking Heads Pontificating About A Healed Economy And Business Looking Up. Pay No Attention To What Is Behind The Screen......
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February
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Short Week. LOTTA Action....!!!!!
02/26/11
One day I sat thinking, almost in despair; a hand fell on my shoulder and a voice said reassuringly, "Cheer up, things could get worse." So I cheered up and, sure enough, things got worse.
-- James Hagerty
Chartz and Table Zup @www.joefacer.com
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Life Is About Cycles, Dialectical Materialism And Spiritual Concatenation, Yin And Yang, Secular And Cyclical, Two Stroke And Four Stroke....
02/19/11
"When the Fed is the bartender everybody drinks until they fall down."
— Paul McCulley
Chartz And Table Zup @ www.joefacer.com
Young And Old Is Another Cycle...
http://www.youtube.com/watch?v=Vx606E2O
http://www.youtube.com/watch?v=GZX -
Talked To A Business Agent At The Last Meeting. There Are Four Of My Apprentice Class Still Active. Two Are In The Business Office And Two Are Still Working In The Field. Makes Me Wanna Ride Fast And Take Chances.
02/12/11
It is not worthwhile to try to keep history from repeating itself, for man's character will always make the preventing of the repetitions impossible.
--Mark Twain
Chartz And Table Zup @ www.joefacer.com
James Cotton had some smokin' performances at th -
Nothing Sharpens Your Appreciation Of Life And Clarifies The Difference Between Fear And Respect Like Looking Over The Edge. But That's A Third Beer Story....
02/05/11
"Worry does not empty tomorrow of its sorrow; it empties today of its strength."
Corrie Ten Boom
Chartz And Table Zup @ www.joefacer.com.
Now For Something cOmPlEtElY dIfFeReNt....
http://www.youtube.com/watch?v=thWtzBsd
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Short Week. LOTTA Action....!!!!!
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January
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Never A Dull Moment.... Events In The World Take Their Own Course... Egyptian Tanks In Cairo Can't Clear This Year's Tiananmen Square, So They Send Jets and Copters?
01/30/11
"Uncertainty is the only certainty there is, and knowing how to live with insecurity is the only security,"
-- John Allen Paulos
Chartz and Table Zup @ www.joefacer.com
http://www.youtube.com/watch?v=3wTXv9KPWeg
http://www.youtube.com -
It Don't Look That Bad, Really .... It Sure Feels Bad, Though..... Could Feel Worse Tomorrow.
01/22/11
You can't trust anything the government says. Wait, I knew that already. Thanks for nothing, Julian Assange.
-- Paul Vigna
Chartz And Table Zup @ www.joefacer.com
...Then You'll Never Hear Surf Music Again....
--Jimi Hen -
Startin' Third Week O' The Year.... I'm Busier Than A Long Tailed Cat Inna Rockin' Chair Factory Makin' Retirement Money Inna 401a While I Can And Prepping To Make The Moves To Keep It When It Gets Hard To Do So...
01/15/11
The only thing on the level on Wall Street is the water in the toilet bowl.
Bill Singer
Chartz And Table Zup @ www.joefacer.com
The first is the only instrumental to be banned from Top 40 radio.
The second is 20 years later. Interestin' -
Coupla Things.... Guests For New Year's Dinner, And The 12/31 Data Has Not Posted For My 401a....Despite Being There @ My Brokers And Charting Service...AND The Dividend And Cap Gains Have Yet To Show Either.....
01/01/11
Despite all of the talk about Democratization of investing, Wall Street primarily serves only the very wealthiest Americans. And that is a shame.
-- Barry Ritholtz
No Chartz And Table Zup @ www.joefacer.com Kinda....See da header.... except not not... See Below.....
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Never A Dull Moment.... Events In The World Take Their Own Course... Egyptian Tanks In Cairo Can't Clear This Year's Tiananmen Square, So They Send Jets and Copters?
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December
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2010
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December
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Dickens; The Man Who Invented Christmas.... You Have No Idea How Much You Owe This Particular Limey........
12/23/10
"The uniform, constant and uninterrupted effort of every man to better his condition, the principle from which public and national, as well as private opulence is originally derived, is frequently powerful enough to maintain the natural progress of things toward improvement, in spite both of th -
Ya Gotchur Church Key, Your Skate Key, Your Line Level RCA Interconnect, An' Ya Got Me. All These Things Are Way Dated, But Not Quite Obsolete, Yet.... I Hope. In The Meantime, I Gotta Get A New Ribbon Fer My Daisy Wheel Printer An' A Roll O' Film Fer My 35mm An' My Wife's 110, An' A Brand New VHS VCR Cuz I Used Up All My Betamax Tapes ......Sure Hope I Can Find A Woolworths Or Monkey Wards Open Onna Sunday.
12/18/10
"Change has a considerable psychological impact on the human mind. To the fearful it is threatening because it means that things may get worse. To the hopeful it is encouraging because things may get better. To the confident it is inspiring because the challenge exists to make things better.&qu -
The Demo's Snatched Defeat From The Jaws Of Victory And Resusitated The Republicans From Next Door To Death. THAT SUCKS!!! But The Tax Compromise Is A SMOKIN HUGE Fiscal Stimulus In The Face Of The Tea Partiers. Gonna Be An Interestin' 2 Years....
12/11/10
I've concluded that all statements made by Goldman Sachs make sense if you append on the phrase "so just give us your money".
- George Zachary
Chartz And Table Zup @ www.joefacer.com
Back Inna Day, I Saw The Yardbirds At De 'Mo. -
All Work And No Play Make Jack A Dull Boy. But All Play And No Work Makes No Jack At All....Gotta Get The Proportions Right. Know What I Mean, Vern? ("KnoWhutImean, Vern?) See below...
12/04/10
We make a living by what we get, but we make a life by what we give.
-- Winston Churchill
Chartz and Table Zup @ www.joefacer.com
Yet ANOTHER moldy oldie from a simpler time.....
http://www.youtube.com/watch?v=30p0PJrH
Complete w/ skip.
Kn
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Dickens; The Man Who Invented Christmas.... You Have No Idea How Much You Owe This Particular Limey........
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November
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These Damn Once in A Lifetime Market Crashs, Events, Flash Crashes etc, like '29, '87, '97, '02, '08, '10 And Maybe This Weekend Seem Be To Happening A Lot More Often Than Once A Lifetime.....
11/26/10
I am not a Democrat, because I have no idea what their economic policies are; And I am not a Republican, because I know precisely what their economic policies are.
-- Barry Ritholtz
Chartz and Table Zup @ www.joefacer.com
iTunes has da Bee-atles. The COFGBLOG Has t -
Volatility; The Trader's Friend and the Investor's Nemisis. Here To Stay, Regardless.......
11/20/10
"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around [the banks], will deprive the people of their property until their children will wake up homeless on the continent -
I've spent years and years in a single day waiting to get out of school when I was in 5th grade and about an hour between my 59th and 60th birthdays. The Relativity Of Time Becomes Clearer As I Age....
11/13/10
"...in an information-rich world, the wealth of information means a dearth of something else: a scarcity of whatever it is that information consumes. What information consumes is rather obvious: it consumes the attention of its recipients. Hence a wealth of information creates a poverty of atte -
See Ya @ The Hall... I Get A Piece Of Paper Commemorating That 35 Years Ago I Became An Apprentice Steamfitter.... Time Flies When Yer Having Fun....
11/06/10
"One does not leave a convivial party before closing time."
-Winston Churchill
Chartz and Table Zup @ www.joefacer.com
I learned my geography from Top 40 Radio. Fer Instance; Boston is known for it's rivers of frustrated wimmen.....
http://w
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These Damn Once in A Lifetime Market Crashs, Events, Flash Crashes etc, like '29, '87, '97, '02, '08, '10 And Maybe This Weekend Seem Be To Happening A Lot More Often Than Once A Lifetime.....
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October
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NAH. NAH NAH NANA. NAH NAH NANA. NANA NAH NANA NAH.... Cannibal Of Cannibal And The Headhunters
10/30/10
When it comes to the future, there are three kinds of people: those who let it happen, those who make it happen, and those who wonder what happened."
--Hossein Arsham
Chartz and Table Zup @ www.joefacer.com
Saturday Afternoon TV in black and white....Was There, -
Scars Are Tattoos That Are More About Where Ya Been and Less About Decoration. Memories Are Better Than Last Decade's Intentions, Last Decade's Missed Opportunities, And This Decade's Regrets....
10/23/10
"The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens."
-John Maynard Keynes
Chartz And Table Zup @ www.joefac -
It Was Early Tuesday Afternoon Sidereal Time When This Quiet Dude Inna Corner Stood Up An' Said,
10/16/10
"Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing ever happened."
-- Sir Winston Churchill
Chartz and Table Zup @ www.joefacer.com
Every Two Bit Garage Band played Louie Louie, Gloria, The Midnight Ho -
So Much Good Music In My Library, So Many Good Musicians Gone. (Listening To Little Feat Late 90's Concerts w/ Richie Hayward) So Greatful For So Many Recordings Available To Fill The Day With Great Music.
10/09/10
"If a man is offered a fact which goes against his instincts, he will scrutinize it closely, and unless the evidence is overwhelming, he will refuse to believe it. If, on the other hand, he is offered something which affords a reason for acting in accordance to his instincts, he will accept it -
Jes' An Ol' Broke Down PipeFitter Doin' What Little He Can Still Do..............
10/02/10
Retail sales themselves are the best indicator of consumer sentiment as no device peers so deeply into the recesses of the human soul as the cash register.
--Howard Simons
Chartz And Table Zup @ www.joefacer.com
Moldy Oldie....
http://www.youtube.com
-
NAH. NAH NAH NANA. NAH NAH NANA. NANA NAH NANA NAH.... Cannibal Of Cannibal And The Headhunters
-
September
-
Pretty Good Week..... How 'Bout Choo? It's Nice When A Plan Works Out.....
09/25/10
Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon.
—Winston Churchill
Chartz and Table Zup @ www.joefacer.com
Wish I Could Play... -
Time And Money. The Trick Is To Have Enough Of Both. Workin' Onnit......
09/18/10
I am not a Democrat, because I have no idea what their economic policies are; And I am not a Republican, because I know precisely what their economic policies are.
-- Barry Ritholtz
Chartz And Table Zup @ www.joefacer.com
Buddy Miles instead of Nick Graven -
Short Sleeve Shirtz, White Belt, Polyester Pantz Pulled Half Way Up My Chest And Driving A Buick? If That's Retirement, Hell No I Ain't Ready!!!!!
09/11/10
"If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability."
-Henry Ford
Chartz And Table Zup @ www.joefacer.com
Blue Deck Shoes, White -
This Time It's Different.... Kinda. There In Lies The Opportunity.....And The Risk.
09/04/10
Win as if you were used to it, lose as if you enjoyed it for a change.
-- Ralph Waldo Emerson
Chartz And Table Zup @ www.joefacer.com
One With And One Without
http://www.youtube.com/watch?v=3PBH78ae
http://www.youtube.com/watch?v=HF2d8f1w
<
-
Pretty Good Week..... How 'Bout Choo? It's Nice When A Plan Works Out.....
-
August
-
Heard On MSNBC: "The Economy Is Down To Seeds And Stems." Proof It's All About MahMahMah Generation......Hope I Die Before I Get Bald.....
08/28/10
"Your last recourse against randomness is how you act -- if you can't control outcomes, you can control the elegance of your behavior. You will always have the last word."
-- Nassim Nicholas Taleb
Chartz And Table Zup @ www.joefacer.com
-
Market Forces...Like My Daddy Always Used To Tell Me, "Son, The Bigger They Are, The Harder They Hit..."
08/14/10
"The first step to making money is not losing it."
-- Ed Easterling
Chartz And Table Zup @ www.joefacer.com
Open The Doors
http://www.youtube.com/watch?v=ZDN9y2vTdUs
My All Cash/Bonds Low Risk Position Is Back Up Marginally Over -
Keep On Keepin' On....
08/07/10
Now that the value of information has gotten to be about zero, there's an overload, and I think what's gonna be the end result is the value of expertise is gonna go to infinity. Because it's harder and harder for people to digest all these inputs, let alone make sense out of them, let -
Busy Weekend... I'll Post Something Here Real Soon.... Or As Circumstances And Inclination Permit.
08/02/10
Still All In Inna 401a In Corporate Bonds (RBFFX), Federal Securities (RGVFX), An' The GIC (Met Life). Details about Why And How And What'd Make Me Change Dat To Follow....
Chartz And Table Zup @www.joefacer.com
Stay Tooned....
-
Heard On MSNBC: "The Economy Is Down To Seeds And Stems." Proof It's All About MahMahMah Generation......Hope I Die Before I Get Bald.....
-
July
-
Keep Yer Lamps Trimmed An' Burnin....Rev Gary Davis
07/24/10
Thoughtless risks are destructive, of course, but perhaps even more wasteful is thoughtless caution, which prompts inaction and promotes failure to seize opportunity.
-- Gary Ryan Blair
Chartz And Table Zup. @ www.joefacer.com
Have Some More Tuna...
-
Started At A New Site This Week.... During The 70's and 80's Oil Crisis, I Worked The Refineries And Oil Field Module Sites And Got Some Of My Gas Money Back. Now I'm At A Solar Cell Producer's Facilty And I'm Getting Stimulus (Borrowed) Money From The Feds That I'll Pay For With Higher Taxes/ Higher Inflation/And Higher Bond Interest Inna Future. Whatever Goes Around, Comes Around.....
07/17/10
"More than any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness. The other, to total extinction. Let us pray we have the wisdom to choose correctly."
-- Woody Allen
Chartz and Table Zup @ www.joefacer.com.
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Earnings Season!!!! Think A Medieval Castle With A Hinged Corridor. One Moment Everything Is OK, The Next , You're One Step Over Center And Gone....or Not. We'll See
07/10/10
"It is not how right or how wrong you are that matters, but how much money you make when right and how much you do not lose when wrong."
- George Soros
Chartz and Table Zup @ www.joefacer.com
Hot Tuna; I saw an acoustic show @ Bimbo's and an electri -
Earning Interest And Clipping Coupons In Bonds And Cash Is Always Better Than Watching Stocks Go Down.... Unless You Can Short.
07/02/10
The ultimate result of shielding men from the effects of folly is to fill the world with fools.
--Herbert Spencer
Chartz And Table Zup @ www.joefacer.com
Freddie King was a favorite of EC's. Not hard to figure out why. The first link can be found on CD too...<
-
Keep Yer Lamps Trimmed An' Burnin....Rev Gary Davis
-
June
-
Life Goes On.... And So Do I.
06/26/10
Let us all be happy, and live within our means, even if we have to borrow the money to do it with.
-- Artemus Ward
Chartz and Table Zup @ www.joefacer.com
Hopefully It Just a Song, Smokin' Though It May Be....
http://www.youtube.com/watch?v=BHXKlNP4< -
Still Waitin For Clarity. The Time To Pin it Is When You're Sure You Ain't Gonna Bin It. It's A Roadracer Sorta Thing.....
06/19/10
Strong feelings do not necessarily make a strong character. The strength of a man is to be measured by the power of the feelings he subdues, not by the power of those which subdue him.
-- William Carleton
Chartz and Table Zup @ www.joefacer.com
Fusion is a youn -
So Much Data, So Many Possible Interpretations. Sometimes It's OK To Just Wait For Clarity....
06/13/10
"Don't tell me that worry doesn't do any good. I know better. The things I worry about don't happen."
--Unknown
Chartz and Table Zup @ www.joefacer.com
My Version Of The Old People Sitting Home Onna Saturday Night Watchin' Geezer -
Considering Your Life As A One Act Play, Ya Wanna Star Inna Tragedy For The Ages, Or A Pretty Damn Entertaining Comedy?
06/04/10
In general, your target is not to beat the market. It is to beat zero. As I have written for years, the investors who win in this market are the ones who take the least damage.
-- John Mauldin
Chartz and Table Zup @ www.joefacer.com
http://www.johncipollina.com
-
Life Goes On.... And So Do I.
-
May
-
Sell In May And Go Away... Or Not. It Was A Pretty Good Idea... Now What?
05/29/10
The complete lack of evidence is absolute proof that the conspiracy is working successfully.
-- Unknown.
Chartz and Table Zup @ www.joefacer.com
Obligatory Old Fart Music Link: http://www.youtube.com/watch?v=bqVVnExlX9c
John Cipollina's Stack: -
Yeah There Is Risk Out There....
05/22/10
A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort.
--Herm Albright
Chartz and Table Zup @ www.joefacer.com
http://www.youtube.com/watch?v=m6SQ1A0kvc0
Smokin' Lead Guitar By Ian Cru -
If The European Union Has Too Much Debt, How Is A Trillion Dollar TARP A Solution? And If The Euro Depreciates 20%, And The Dollar Gets Expensive, How Do We Bring Back Manufacturing And Export Our Way Back To Full Employment?
05/15/10
It requires a great deal of boldness and a great deal of caution to make a great fortune, and when you have it, it requires 10 times as much skill to keep it.
-- Ralph Waldo Emerson
Chartz and Table Zup @ www.joefacer.com
http://www.youtube.com/watch?v=e3LEhfbK
-
Makin' The Effort To Manage My Own Destiny; Like Someone Else Is Gonna Put In The Same Effort And Care As I Would? Gimme A Break...
05/08/10
My philosophy for trading is -- understand why something is happening economically and then look at the price action. If both of them works, go trade. If one of them is starting to fall apart, get out. And if both fall apart, get short,
-- Dennis Gartman
Chartz And Table Zup @ www.jo -
Risk....
05/06/10
The genius of investing is recognizing the direction of a trend -- not catching highs and lows.
-- James Koford
Last dribble of stocks inna 401a closed out today. All in bonds and GIC. The 900 points down is of passing interest. The possibility of not being able to postpone t -
A Raging Inferno of Coruscating Incandesence. Fire And Flames Triumphant; A Crimson Wing Of Doom, O'er Shadowing And Searing Filleted Raw Flesh... It's BBQ And Grilling Season Here At The Homestead. Good Times Around Here. Not So Good Times At Times Square And On The Gulf Coast ....
05/01/10
Some People Are Like a Slinky; They Are Not Really Good For Anything. But They Do Bring A Smile To Your Face When They Are Pushed Down The Stairs.
-- Unknown
Chartz And Tables Zup @ www.joefacer.com
http://www.bloomberg.com/apps/ne
-
Sell In May And Go Away... Or Not. It Was A Pretty Good Idea... Now What?
-
April
-
It's Not A SinTo Be Wrong. It Is A Sin To Stay Wrong.
04/17/10
Surprise, surprise, surprise!
-- Gomer Pyle
Chartz And Table Zup @ www.joefacer.com
The Only Tea Party Stat You Need to Know
http://www.ritholtz.com/blog/2010/04/th
This Was NOT A Surprise...
http://www.msnbc.msn.com/id/3661209 -
Change Of Strategy; There Is Still A Ton Of Scrap Metal Inna Air From The Blow Up. I Gotta Stop Worryin' About It Enough To Make Some Money Onnit While The Fed Is Runnin' Up The National Debt
04/03/10
The trouble with opportunity is that it's always more recognizable going than coming
Jerry Byrne
Chartz and Table Zup @ www.joefacer.com
http://www.ritholtz.com/blog/2010/03/ge
I Bin Readin'
Reeley Important...
-
It's Not A SinTo Be Wrong. It Is A Sin To Stay Wrong.
-
March
-
No Person Is Ever Totally Without Worth. There Is Always A Need For An Example Of What Happens When You Go Ahead And Do It Anyway.
03/20/10
"We discriminate against stupid and we have no intention of stopping."
--Sean Clarke
Chartz and Table Zup @ www.joefacer.com.
http://www.youtube.com/watch?v=BKY8KIt9
http://www.cbsnews.com/video/watch/?id=6298082n
http://www.cbsnews.co -
Change In Strategy In The Works. Stay Tooned.
03/13/10
Our activity as investors is not to try to identify tops and bottoms - it is to constantly align our exposure to risk in proportion to the return that we can expect from that risk, given prevailing evidence.
-- John Hussman
Chartz and Table Zup @ www.joefacer.com
-
It's Amazing How When You Are On A Roll, Things Just Break Your Way. And When You Are Not On A Roll, You'd Miss The Floor If You Fell Down...
03/06/10
"It's no wonder that truth is stranger than fiction. Fiction has to make sense."
-- Mark Twain
Chartz And Table Zup @ www.joefacer.com.
Stay Tooned....
-
No Person Is Ever Totally Without Worth. There Is Always A Need For An Example Of What Happens When You Go Ahead And Do It Anyway.
-
February
-
Sitting Onna Dock Of The Bay....
02/27/10
The charm of history and its enigmatic lesson consist in the fact that, from age to age, nothing changes and yet everything is completely different.
-- Aldous Huxley
Chartz and Table Zup @ www.joefacer.com
Check it Out...
http://www.youtube.com/watch?v=ihv -
I Feel Strongly About It Both Ways....
02/20/10
"The future is here. It's just not widely distributed yet."
-- William Gibson
Chartz and Table Zup @ www.joefacer.com
I never understood why everyone considered John Mayer a great or even a good guitarist, because I only heard him on his own ma -
So The Fed Left The Punch Bowl Out Too Long An' Wall Street And Real Estate Fell In. And What Ya Knew Was Gonna Happen, Happened. Then The Fed An' The Government Borrowed The Public's Credit Card And Refilled The Punch Bowl. Pourin' Alky Down A Drunk's Throat Never Ends Well. Sobering Up Gets Postponed And Worsened. Don't Stand In Front, Stand To The Side.
02/13/10
My philosophy for trading is -- understand why something is happening economically and then look at the price action. If both of them works, go trade. If one of them is starting to fall apart, get out. And if both fall apart, get short,
-- Dennis Gartman
Chartz and Table Zup @ -
This Week, The Unemployment Rate Number Is Down To 9.7% on 20,000 Additional Jobs Lost. They Are Just Numbers Unless You Understand How They Were Generated And What They Do And Don't Mean...
02/06/10
Our activity as investors is not to try to identify tops and bottoms - it is to constantly align our exposure to risk in proportion to the return that we can expect from that risk, given prevailing evidence.
-- John Hussman
Chartz and Table Zup @ www.joefacer.com
I n
-
Sitting Onna Dock Of The Bay....
-
January
-
"Saving Souls from Buy and Hold" for about fifteen years now. -- Rev Shark
01/30/10
In general, your target is not to beat the market. It is to beat zero. As I have written for years, the investors who win in this market are the ones who take the least damage.
-- John Mauldin
Chartz And Table Zup @ www.joefacer.com
Ninety seven per -
Down And Locked In A Struggle To The Bitter End With A Virus Since Late Last Week.
01/26/10
The four most dangerous words in investing are, "This time it's different."
-- Sir John Templeton
No Chartz Or Tablez Until Next Sat.
Haven't had the energy to do much besides sleep and be sick. Still, I went to 16% stock/84% bonds/GIC Friday.
-
Another Year, Another Chance To Shine. Yee Hah!!!
01/18/10
Instead of seeing the rug being pulled from under us, we can learn to dance on a shifting carpet.
-- Thomas Crum
Chartz and Table Zup @ www,joefacer.com
Stay tuned.... prolly gonna sell some stock funds to buy some bond funds.....
h -
Yes.... I'm back. Between the holidays and family and work and fun and just plain goofing off and getting my daily adult requirement of sitting and staring, I've blown away two/three weeks of time. Back inna traces agin, par'ner.
01/09/10
When you’re wounded and left on Afghanistan’s plains,
And the women come out to cut up what remains,
Just roll to your rifle and blow out your brains,
And go to your God like a soldier.
Excerpt From
The Young British Soldier
By Rudyard Kipling
Chartz
-
"Saving Souls from Buy and Hold" for about fifteen years now. -- Rev Shark
-
December
-
2009
-
December
-
AoxoMoxoA... Palindrome Or Conundrum? Threat Or Menace? Juvenile Jackanapes? Or Is It Just Retibulent Praecidualism?
12/19/09
For a substantial portion of the American business and professional class, a book entitled "Life Without Lawyers" must surely conjure some of the same feelings evoked in faithful readers of the Harlequin romances, a sort of vicarious fantasy filled by the joy of liberation from burdens, st -
BlogobalogaglogAgolgagolabogolB
12/05/09
The TV business is a cruel and shallow money trench along plastic hallways where thieves and pimps run free and good men die like dogs. There's also a negative side.
Hunter S. Thompson
Chartz And Table Zup @ www.joefacer.com
Real Busy This Week....
-
AoxoMoxoA... Palindrome Or Conundrum? Threat Or Menace? Juvenile Jackanapes? Or Is It Just Retibulent Praecidualism?
-
November
-
Turkey Samich Heaven....
11/28/09
Surprise, surprise, surprise!
-- Gomer Pyle
Chartz and Table Zup @ www.joefacer.com
Another Kick Ass Cover Of A Kick Ass Eddie Cochran Song....
http://www.lala.com/#song/360569479529542632 Click On 20 Flight Rock
http://en.wikipedia.org/wiki/Twenty_Fli -
The Holiday Season Starts With Thanksgiving. If You have Looked Over The Edge As Many Of Us Have, You Know That Every Yesterday, Today, And Tomorrow Is a Gift. Get The Most Out Of Them And Spread The Largesse Around. Have A Kick Ass Thanksgiving....
11/21/09
Excuses change nothing but make everyone feel better.
-- Mason Cooley
Chartz And Table Zup @ www.joefacer.com.
Goin Down.....
http://www.youtube.com/watch?v=BHXKlNP4
Lookie Here....
Check out this 3 year weekly chart on th -
I'm Gonna Bop Into The Local Woolworths An' Pick Up A Skate Key An A Handfulla Church Keys For The Be In At The Park This Weekend....
11/14/09
Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon.
—Winston Churchill
Chartz and Table Zup @ www.joefacer.com
Too Big To Fail; It Ain -
My Website Has The Hood Up And Code Layin' All Over Everywhere For A Week As The Host Transmogrifies The Servers From Coal/Water Wheel power To Nuclear/Solar Cogen. The COFGBLOG Is Live During This Time...
11/07/09
Money was invented so we could know exactly how much we owe."
—Cullen Hightower
No Current Chartz And Tablez @ www.joefacer.com For A Week..Or So.
But there will be some to be had here....
http://milwaukee.bi
-
Turkey Samich Heaven....
-
October
-
Holloween... And The Stock Market Does A Face Plant.
10/30/09
Yesterday is a canceled check; tomorrow is a promissory note; today is the only cash you have -- so spend it wisely.
-- Kay Lyons
Chartz And Table Zup @ www.joefacer.com.
I'm All Hunkered Down. I'm almost outa almost all stocks; see my chartz an -
Must Be Gettin' On Later In the Year.... I Find Myself Planking Salmon And Searing Steak Inna Cold And Dark. Real Manly Adventure With The Flavor Of White Hot Coals And Ice Cold Gin.
10/24/09
Retail sales themselves are the best indicator of consumer sentiment as no device peers so deeply into the recesses of the human soul as the cash register.
--Howard Simons
Chartz And Table Zup @ www.joefacer.com
Or They Will Be When I Can Get On To The 401a Site...Is -
There Was A Time When 50% Of America Disapproved Of Rock 'n Roll And Only 5% Listened To It. Now It's Elevator Music. Fifty Percent Of Post WWII Industrial Production Was In America. Then It Was G-3, G5, G7, Now It's G20. Twenty Nations That We Coordinate Our Monetary Policy Wit'. And Australia Raises Rates 1/4% And The US Goes, "Uh-Oh..." Things Change Over Time.. But Now The Changes Are Really Gonna Pick Up Speed...
10/17/09
International diversification, which I recommend for the sheer thrill of losing money around the clock in all sorts of different countries for reasons you cannot articulate, inevitably involves currency risk.
-- Howard Simons
Chartz And Table Zup @ www.joefacer.com
-
Tick Tick Tick..... Earning Season Starts Inna Middle O' Da Week. Is My Strategy Deer Inna Headlights? A Rational Approach To A Critical Juncture Of Risk And Reward? Or The Result Of Random Neural Output From The Brain Of An Old Broken Down Pipefitter With Too Many Nights Of Sex, Drugs, And Rock 'n Roll And Too Many Days Of Twistin' The Wrist An' Chasin' Down The Racer Ahead And Runnin' From The Racer Behind...?
10/10/09
It's all fun and games until someone gets hurt.
-- Mom
Chartz An' Table Zup @ www.joefacer.com.
We are half a week from a fulcrum point. Think of a hallway with a door at each end. Ya open the door, walk through to the other door , open it, and walk throu -
GAWD!!! This Is A Mess! An Amazing Bear Market Rally, Mutual Funds, Hedge Funds, And Private Investors Who Missed It, End Of The Year Three Months Away, One Last Chance To Look Good, And A Dawning Awareness That 26 Million Unemployed And Underemployed Ain't Gonna Make For A Merry Christmas Shopping Season. Could The Markets Be Up At Years End? We'll See.
10/03/09
"The Financial Instability Hypothesis suggests that over periods of prolonged prosperity, capitalist economies tend to move from a financial structure dominated by hedge finance (stable) to a structure that increasingly emphasizes speculative and Ponzi finance (unstable)."
-- Hyman Mi
-
Holloween... And The Stock Market Does A Face Plant.
-
September
-
Ya Can't Always Be The Best There Is, But If You Can Have A Lot of Fun Doin' It, That Goes A Long Way Too.
09/26/09
"There was a time when a fool and his money were soon parted, but now it happens to everybody."
—Adlai Stevenson
Chartz and Table Zup @ www.joefacer.com
http://www.youtube.com/watch?v=6DYC61Hz
One Of The Most Under Rated Guitarists E -
Ye Auld Regal Extraordinaree Especkial Thursday Night Post
09/24/09
Lookie Here Boys and Girls..
CLICKIT!!!!!
We've come a long way in 7 months. We've had our dips and fits and starts, but from way too low, we've steadily gone way too high. Every time the market should have paused and corrected or c -
Nuttin' Clever Comes To Mind....An' My Elbow Hurts...You Fill It In For Once.
09/18/09
Thank you America, for the great choice between the spineless left and the lunatic right.
--Alan Farley
Chartz And Table Zup at www.joefacer.com
Stay tooned
http://www.youtube.com/watch?v=f64XZRRs
http://www.ritholtz.com/blog/2 -
Nuclear Disarmament And One Handed Typing... Details Below
09/12/09
"You may have a fresh start any moment you choose, for this thing that we call 'failure' is not the falling down, but the staying down."
--Mary Pickford
CHARTZ AND TABLE ZUP @ www.joefacer.com
I kinda went nuclear on dis arm. -
A Nod Is As Good as A Wink To A Blind Horse.... But That Kinda Stuff Is Pretty Much Frowned Upon Nowadays.
09/05/09
A trend is a trend is a trend.
But the question is, will it bend?
Will it alter its course
Through some unforeseen force
And come to a premature end?
-- Alec Cairncross
Chartz and Table Zup @ www.joefacer.com
Stay tooned. More later this weekend.
-
Ya Can't Always Be The Best There Is, But If You Can Have A Lot of Fun Doin' It, That Goes A Long Way Too.
-
August
-
Indian Summer In SF, 90 Degree an' Sunny, Music Inna Park, Saturday Off, Markets @ Yearly Highs, I'll Worry About Tomorrow Tomorrow...
08/29/09
A knowledge of the path cannot be substituted for putting one foot in front of the other.
- M.C. Richards
Chartz An' Table Zup @ www.joefacer.com
Nice weather, I been ridin' lately an' I got stuff to do... Some of that stuff will appear here late -
Short Weekend. Look For The Rest O' The Usual Here Later This Week.....
08/16/09
Lindsey Campbell;
What do you do to fix the economy?
Barry Ritholtz;
I don’t know that the economy needs fixing. What do you do to fix night? You wait and it becomes day.
Chartz and Table Zup @ www.joefacer.com
http://www.bloomberg.com/ap -
Yup... Unhuh Uhhuhh. EarlierThis Week I Decided That Knowing Too Much About What A Dire State The World Was In Was Costing Me Profits. I Emptied My Mind Of Caution And Moved To Almost 40% Stocks. Party On, Dood!!!!
08/07/09
If you trade stocks in the short term, one of things that you need to be very aware of is that sometimes the action that seems extremely stupid is the best way to make money.
If a lot of people with a lot of money are chasing grossly overvalued stocks, it can feel pretty dumb to throw caution -
Stay tooned.... running late this weekend.
08/02/09
Chartz and Table Zup at www.joefacer.com
http://www.youtube.com/watch?v=vdyvPg0c
http://www.forbes.com/2009/07/28/gates-
http://www.ritholtz.com/blog/2009/07/ho
http://www.ritholtz.com/blog/2009/07/mo
http://www.ritholtz.com/blog/2009/07/in
http:
-
Indian Summer In SF, 90 Degree an' Sunny, Music Inna Park, Saturday Off, Markets @ Yearly Highs, I'll Worry About Tomorrow Tomorrow...
-
July
-
I Mentioned To My Wife That She'd Never Asked Me To Talk To The Kids About Sex And Drugs While They Were Growing Up. "Damn Right!!" She Answered.....
07/25/09
If you trade stocks in the short term, one of things that you need to be very aware of is that sometimes the action that seems extremely stupid is the best way to make money.
If a lot of people with a lot of money are chasing grossly overvalued stocks, it can feel pretty dumb to throw caution -
Did We Just Have The Mother Of All Oversold Bounces? Are We Looking At The Mother Of all Jobless Recoveries? MOTHER@*&%$&/*&^##!!!!!!!!
07/10/09
In general, your target is not to beat the market. It is to beat zero. As I have written for years, the investors who win in this market are the ones who take the least damage.
-- John Mauldin
Chartz and Table Zup on www.joefacer.com.
Stay tooned....
-
The Unemployment Number Wasn't That Bad If You Knew Enough To Expect It And If You Could Play On The Dark Side Of The Street. Otherwise, If You Were Long Stocks In Your 401a, It Was A Big Asphalt Face Plant.
07/02/09
It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.
-- Charles Darwin
Chartz and Table Zup @ www.joefacer.com
http://www.bloomberg.com/apps/news?pid=
http://www.bloomberg.com/apps/news
-
I Mentioned To My Wife That She'd Never Asked Me To Talk To The Kids About Sex And Drugs While They Were Growing Up. "Damn Right!!" She Answered.....
-
June
-
Good Digital Sound (Don' Gimme This "It Sounds Great!!! I Paid More Than $50 For My Computer's Speakers And I Don't Hear Any Problems!!!" Crap) Is Really Really Good... Until You Dig Out A Vinyl Record And Listen To It With A Good Moving Coil Cartridge.
06/27/09
“I label this the "Paradox of Thrift," in that we can't restore our balance sheets without additional savings, and our stock markets cannot recover without consumer spending and corporate profitability.”
-- Cliff Draughn
Chartz and Table Zup @ www.joefacer.com. -
"When The World Is Running Down, You Make The Best Of What's Still Around" When " Soul On Ice" is co-oped for a prefab cocktail product and "To Soldier, It's A Kent" only makes ya think of cigarettes, and when "The Revolution Will Not be Televised", doesn't make you think of The Las Poets or Tienamen or Tehran... how much more will be left?
06/20/09
"It's easy to make good decisions when there are no bad options."
-- Robert Half
Chartz and Table Zup On www.joefacer.com
http://www.dailymotion.com/video/xpqut_
http://en.wikipedia.org/wiki/The_Revolu
http://www.youtube.com/wat -
Consider This And The Last Two Posts To Be Of a Cloth... Notice How Old Guys Use Archaic Expressions? The Expressions And The Old Guys Didn't Start Out Archaic.....
06/13/09
A man must not swallow more beliefs than he can digest.
-- Havelock Ellis
Chartz And Table Zup @ www.joefacer.com
http://www.msnbc.msn.com/id/31265283/ns
http://www.bloomberg.com/apps/news?pid=
http://www.bloomberg.com/apps/news?pid=
http://www.b -
This Week's Post Is What Shoulda Appeared In Last Week's Post. That's Why The Quote At The Top Is The Same. I Couldn't Find A Better One For The Purpose.
06/06/09
The one great certainty about the market is that things will always change. When we lose sight of that fact and dig in our heels on a particular viewpoint or thesis, it can create tremendous stress as we deal with an environment that may not appreciate our great insight.
Reverend Shark
-
Good Digital Sound (Don' Gimme This "It Sounds Great!!! I Paid More Than $50 For My Computer's Speakers And I Don't Hear Any Problems!!!" Crap) Is Really Really Good... Until You Dig Out A Vinyl Record And Listen To It With A Good Moving Coil Cartridge.
-
May
-
Oops! Just When You're Sure You've Got It Down, It Jumps Up An' Smacks Ya Inna Face. The Markets Do Yield Maximum Pain For The Most Participants And Sometime That Includes Me.
05/30/09
The one great certainty about the market is that things will always change. When we lose sight of that fact and dig in our heels on a particular viewpoint or thesis, it can create tremendous stress as we deal with an environment that may not appreciate our great insight.
Reverend Shark
-
One Of The Good Thing About Doin' A Blog Is That You Are Your Own Boss. I Blew Off A Week Of Posts Just On Accounta Cuz. So What!! Talk To My Boss 'bout It.... Oops. I Just Heard Her Key Inna Front Door....
05/23/09
"No emergency can justify a return to inflation. Inflation can provide neither the weapons a nation needs to defend its independence nor the capital goods required for any project. It does not cure unsatisfactory conditions. It merely helps the rulers whose policies brought about the catastroph -
Live Every Day Of Your Life Like It's Gonna Be The Last And Your Life Will Be Judged By It. Opportunity Comes Once In A While. Regrets Can Come All Day Every Day.
05/09/09
"The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
--Joan Robinson
Chartz And Table Zup on www.joefacer.com
Click Yore Clicker Here, Fr -
Spiro T. Agnew, Dan Quayle, and now, Joe Biden. VP's who said what they thought. Big mistake. Link below
05/02/09
http://www.nytimes.com/2009/05/02/opini
My friends, no matter how rough the road may be, we can and we will, never, never surrender to what is right.
Dan Quayle
CHARTZ AND TABLE ZUP @ WWW.JOEFACER.COM
MAJOR MAJOR things going on at two Bay Area pension plans. St
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Oops! Just When You're Sure You've Got It Down, It Jumps Up An' Smacks Ya Inna Face. The Markets Do Yield Maximum Pain For The Most Participants And Sometime That Includes Me.
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April
-
The Eye Of The Storm... Waiting For Your Dad To Get Home Like Your Mom Said You'd Hafta... Free On Bail... Seems Not So Bad At The Moment, But It's Lookin' Bad For The Future. I Think There Is Still Some Serious Shit Gonna Happen Soon Regardless of The Present Calm. What I'm Doin' 'bout It.
04/25/09
Change hurts. It makes people insecure, confused and angry. People want things to be the same as they've always been, because that makes life easier.
--Richard Marcinko
CHARTZ AN' TABLE ZUP @ WWW.JOEFACER.COM
The GM/Ford/Chrysler debacle reverberates -
Well....That Didn't Turn Out As Nearly As Well As I Hoped It Would......
04/18/09
"No one that ever lived has ever had enough power, prestige, or knowledge to overcome the basic condition of all life -- you win some and you lose some."
-- Ken Keyes, Jr.
Chartz and Table Zup @ www.joefacer.com
Here's the dilemma; Big Time Caution was big -
I've Been Right Not To Trust The Markets For Well Over a Year. Every Bounce Has Betrayed The Believers. Ya Gotta Trust Sometime.... Is Time To Trust Now???
04/11/09
There are several good protections against temptation, but the surest is cowardice.
-- Mark Twain
Chartz and Table Zup @ www.joefacer.com
My 401a performance has been SMOKIN'. At a time when 401a and 'k's have been bleedin' red, I made money on wh -
First There Is A Mountain, Then There Is No Mountain, Then There Is. From Donovan to The Allman Bros. Who 'da Thunk?
04/04/09
It is the markets’ job to reallocate money from the ignorant to the intelligent, from the lazy to the hard working and studious; from the naive to the educated, and from the speculator to the investor.
Barry Ritholtz
CHARTZ AND TABLE ZUP @ www.joefacer.com
The
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The Eye Of The Storm... Waiting For Your Dad To Get Home Like Your Mom Said You'd Hafta... Free On Bail... Seems Not So Bad At The Moment, But It's Lookin' Bad For The Future. I Think There Is Still Some Serious Shit Gonna Happen Soon Regardless of The Present Calm. What I'm Doin' 'bout It.
-
March
-
Chaos And Entropy Abound. Planned Events Go Awry and Random Events Effect Change Far Beyond Rational Expectation: Finally!!!! Something I Can Work With......
03/28/09
One of the most difficult investing skills to master is being persistent and confident while not crossing the line to being stubborn and obstinate. It is a very fine line and you will never get it quite right now matter how hard you try.
Reverend Shark
Chartz and Table Zup @ www.joe -
Congress And The President Do Photo Ops And Sound Bites Over .001% Of The AIG Bailout Money While The Fed Goes Nuclear
03/21/09
"It's no wonder that truth is stranger than fiction. Fiction has to make sense."
-- Mark Twain
Chartz And Table Zup @ www.joefacer.com
Stay Tooned...
THURSDAY
http://www.ritholtz.com/blog/2009/03/hy
http://www.ritholtz. -
HOW DO I DO IT? "BRUTE FORCE AND DUMB CLUMSINESS." IT'S ON MY FAMILY CREST!!
03/15/09
Our activity as investors is not to try to identify tops and bottoms - it is to constantly align our exposure to risk in proportion to the return that we can expect from that risk, given prevailing evidence.
-- John Hussman
CHARTZ AND TABLE ZUP ON WWW.JOEFACER.COM
Friday I -
BEAR MARKET RALLY
03/12/09
I'M THINKING OF GOING LONG SOME STOCKS INTO THE WEEKEND. THIS IS CONCEIVED AS A RENTAL AND I'M DEFINITELY NOT GETTING MARRIED TO THE IDEA OF HOLDING STOCKS LONG TERM. BUT WE WENT STRAIGHT DOWN FOR A REALLY LONG TIME AND LOOKED LIKE WE WERE WAY OVERSOLD. AND SOME NUMBERS ON THE ECONOMY DON& -
IS IT TOO LATE TO SELL? IT'S BEEN TIME TO SELL EVER SINCE 1/2008. IT WAS STILL TIME TO SELL LAST FRIDAY. IT'LL BE TOO LATE TO SELL EVENTUALLY. THEN EVENTUALLY, IT'LL BE TIME TO BUY. THOSE TIMES ARE GETTING CLOSER EVERY DAY AND THEY WILL GET HERE. PATIENCE, GRASSHOPPAH.....
03/07/09
"The market is not a sofa, it is not a place to get comfortable."
Jim Cramer
CHARTZ AND TABLE ZUP ON WWW.JOEFACER.COM, (FUNDALARM material excluded. Stay tooned...)
More Stuff Onna Way... YOU KNOW THE DRILL!!!!!!
IT'S BEEN AN E
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Chaos And Entropy Abound. Planned Events Go Awry and Random Events Effect Change Far Beyond Rational Expectation: Finally!!!! Something I Can Work With......
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February
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Defined Benefit Pensions Plans In Trouble And Why Doin' The Smart Thing in my 401a Feels So Painful...
02/28/09
Ninety percent of politics is deciding whom to blame.
-- Meg Greenfield
CHARTZ AND TABLE ZUP @ WWW.JOEFACER.COM
UPDATED CONSTANTLY....OR NOT. EDITS OF EXISTING POSTS NOT CALLED OUT.
LOOK FOR THE DAY OF THE WEEK FOR NEW ADDITIONS.
I talked this week wi -
GHOST IN THE MACHINE....
02/25/09
"Sometimes I lie awake at night, and I ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'"
-- Charles M. Schulz
CHARTZ AND TABLE ZUP @ WWW.JOEFACER.COM
UPDATED CONSTANTLY....OR NOT.
LOOK -
It Is Now Beginning To Dawn On All And Sundry That The Banks Are Toast. Do We Toss Them And Start Over Or Spend Our Children's Future Trying To Untoast Them. Can Fire Burn Backward?
02/14/09
In general, your target is not to beat the market. It is to beat zero. As I have written for years, the investors who win in this market are the ones who take the least damage.
-- John Mauldin
Chartz and Table Zup @ www.joefacer.com
UPDATED CONSTANTLY....OR NOT.
LOOK -
I Moved Some 401a Money Around. When You're Not Happy With Any Of The Choices, How Can You Be Happy With The Decision?
02/06/09
The long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past the ocean is flat again.
— John Maynard Keynes
UPDATED CONSTANTL
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Defined Benefit Pensions Plans In Trouble And Why Doin' The Smart Thing in my 401a Feels So Painful...
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January
-
The Big Whoosh Down Is Yesterday's Story. The Death Of Hope Amid The Cold Dark Ruin And The Eventual Recovery Is The Future's Story. Watching Successive Rallys And Faceplants Is What We Do While We Wait...
01/30/09
Our activity as investors is not to try to identify tops and bottoms - it is to constantly align our exposure to risk in proportion to the return that we can expect from that risk, given prevailing evidence.
-- John Hussman
Updated 2/2
Chartz and Table Zup @ www.joefacer.c -
It Sure Seemed Easy Back In 2003 to 2007... Ride Each Market Advance Up And Be Sure Sell The Top And Catch The Next Wave.
01/24/09
Bank failures are caused by depositors who don't deposit enough money to cover losses due to mismanagement.
-- Dan Quayle
UPDATED 1/27/09
Chartz and Table Zup @www.joefacer.com
Stay Tooned for "How I Run My 401a Part 3"
"How I Run My 401a Part -
DOWNER; The Bailout Part 1 Was So Poorly Conceived And Executed That We May Not Have It Enough Money Left To Fix It All With Bailouts 2,3,4,5 an' 6,....UPPER; We Scrape Off Dubayuh In A Few Days..... We'll see how it goes on down the line.....
01/16/09
"Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done.& -
Great Expectations Meets Reality TV. Kinda A Chicago/National Politics Thing... On Both The National And Local Level
01/10/09
That money talks, I'll not deny,
I heard it once: It said, "Goodbye."
--Richard Armour
CHARTZ AND TABLE ZUP @ www.joefacer.com
Stay Tooned......
http://www.shadowstats.com/alternate_data
http://www.bloomberg -
JANUARY 2ND; 2009. A DAY IN THE LIFE......
01/02/09
An optimist stays up to see the New Year in. A pessimist waits to make sure the old one leaves.
-- Bill Vaughan
I've gotta lotta spreadsheets/tables/charts/templates/macros an other stuff to update. Then and only then will I be able to say,
CHARTZ AND TABLE ZUP!!!
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The Big Whoosh Down Is Yesterday's Story. The Death Of Hope Amid The Cold Dark Ruin And The Eventual Recovery Is The Future's Story. Watching Successive Rallys And Faceplants Is What We Do While We Wait...
-
December
-
2008
-
December
-
HAPPY NEW YEAR TO ALL!!!!!!!
12/26/08
"There are three stages of a man's life: He believes in Santa Claus; he doesn't believe in Santa Claus; he is Santa Claus."
-- Author Unknown
“Buy-and-hold has been a jumbo money-loser this year,” argues (Barry) Ritholtz, the subject of a recent Barron’sQ&am -
Merry Christmas To All!!
12/19/08
Hope is a good breakfast but a bad supper.
-- Sir Francis Bacon
He that lives upon hope will die fasting.
-- Benjamin Franklin"
In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing y -
Loyal Lifetime Union Member, Father/Grandfather, Taxpayer, Portfolio Manager, Voter, Blogger. Conflicting Loyalites Caused By An All Time Horrendous Godawful Mess. Oh Well. Equal Parts Of Leaving A Mark On The World And The World Leaving a Mark On Me...
12/12/08
"Americans will always do the right thing -- after they have exhausted all other alternatives."
--Sir Winston Churchill
Chartz and Table Zup on www.joefacer.com...
CLICKIT!!!
http://online.barrons.com/article/SB122
http://w -
Juxtaposition A Descent Into Unemployment And Recession Hell For A Significant Portion Of The Country/World With The Holiday Cheer Of Those Still Well Off; So it Goes.....
12/05/08
"Every banker knows that if he has to prove that he is worthy of credit, however good may be his argument, in fact, his credit is gone."
Walter Bagehot
Chartz and Table Zup at www.joefacer.com
UPDATED 12/9
Part One of How I Run My 401a is Here: http://
-
HAPPY NEW YEAR TO ALL!!!!!!!
-
November
-
REALLY NICE BEAR MARKET RALLY LAST WEEK.... On Declining Volume During An Inevitably Positive Post Election Season And End Of The Month... with no resolution, upside catalyst or even the wringing out of the last cycle's excess in sight. TRUST THIS RALLY AT YOUR PERIL...
11/30/08
I really don't want to hear about "values." It is meaningless to me if the price action doesn't confirm the fact that something is cheap and people recognize that fact. If a stock really is a good value, then it should start trading up. I don't care what the analysis might b -
Bear Markets Scare Out The Timid And Wear Out The Tough. The Object Of The Exercise Is To Show Courage And Be Among The Last Still Standing With Plenty Of Capital To Participate In The Next Bull Market. The Rev Is Right. Getting Back To Even Is A Tremendous Waste Of Time And Resources.
11/21/08
The best minds are not in government. If any were, business would hire them away.
-- Ronald Reagan
UPDATED ALL DAY EVERYWHERE 11/23
UPDATED THANKSGIVING (FORGOT TO INCLUDE ONE OF MY FAVORITE YOUTOOBZ)
http://www.ritholtz.com/blog/2008/10/whassup/
Chartz an -
TBA
11/14/08
Losing less money is considered a big success on Wall Street. In the world of fund management, relative outperformance vs. a benchmark is the focus, but any individual who is struggling to only lose 30% or so vs. the 37% that the S&P 500 has lost is going to barely survive.
James “Rev -
The 1971 version of the Allman Bros Band...The sound board tapes from the F'mo East and West are incendiary. You owe it to yourself....
11/07/08
"The market is not a sofa, it is not a place to get comfortable."
Jim Cramer
Chartz and Table Zup on www.joefacer.com....
I've been pretty much reporting on what's happening lately. Lots of charts, links, and a table or two. My strategy of
-
REALLY NICE BEAR MARKET RALLY LAST WEEK.... On Declining Volume During An Inevitably Positive Post Election Season And End Of The Month... with no resolution, upside catalyst or even the wringing out of the last cycle's excess in sight. TRUST THIS RALLY AT YOUR PERIL...
-
October
-
Ta DA!!!!!!!
10/31/08
"Fear is an insidious virus. Given a breeding place in our minds it will eat away our spirit and block the forward path of our endeavors."
--James F. Bell
Chartz and Table Zup on
www.joefacer.com
HERE'S WHAT'S ON MY MIND...
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In The Last Ten Years We've had Two Once In A Lifetime Stock Market Crashes. Try Not To Think About It Too Hard. Your Brain Will Explode....
10/24/08
"When the plane is going down and the oxygen masks have dropped and parts of the plane are peeling off as you plummet toward the earth, that’s not the time to pull out the little card in the seat in front of you and say, ‘Gee, where are the emergency exits?' Everybody should have an emerge -
Didja Ever Get The Feeling That They Lost A Page Of The Instructions, And Didn't Bother To Tell You?
10/17/08
There is nothing that will benefit your portfolio more than avoiding losses when the market is acting poorly. If you can keep from incurring losses in your portfolio as the market falls, you avoid the very unproductive task of recouping losses once the market is more favorable.
James “Rev -
Seen your 401a statement yet?
10/14/08
You may have a fresh start any moment you choose, for this thing that we call 'failure' is not the falling down, but the staying down."
--Mary Pickford
UPDATED 10/16
I think that a very poor job was done explaining just what 401a participants were getting -
I Feel Strongly About It Both Ways........
10/11/08
"The primary objective of leadership is to help those who are doing poorly to do well and to help those who are doing well to do even better."
-- Jim Rohn
Chartz and Table Zup on www.joefacer.com
UPDATED 10/13
CLICKIT!!!!
The Funds In The 401a -
Ya Begin To Relate To All The Poor ENRON Employees Who Had Their Life Savings And Retirement Money In Company (ENRON) Stock...Everything, IRA's, 401's, And Homes GOIN" DOWN All At Once!!!...
10/03/08
Banking establishments are more dangerous than standing armies.
-Thomas Jefferson
UPDATED 10/9
Chartz and Table Zup on www.joefacer.com
Whatcha Gotta Know Is I'm All Cash (GIC) In The 401a And Have Been For A While. Congratulations To The Guys Who Lis
-
Ta DA!!!!!!!
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September
-
One day I sat thinking, almost in despair; a hand fell on my shoulder and a voice said reassuringly, "Cheer up, things could get worse." So I cheered up and, sure enough, things got worse. -- James Hagerty
09/26/08
The budget should be balanced, the treasury should be refilled; public debt should be reduced; and the arrogance of public officials should be controlled.
- Cicero, 106-43 B.C.
Charts and Table Zup on my website. There's gonna be a lot more here a for the weekend is over, But in -
Not At All What It Appears To Be....
09/19/08
"However beautiful the strategy, you should occasionally look at the results."
--Sir Winston Churchill
401A CHARTZ AND TABLE ZUP ON MY WEBSITE!
UPDATED 9/23.....
http://bigpicture.typepad.com/comments/
http://bigpicture.typepad.com/co -
If the next coupla hours are successful, I'M GOIN' RACIN' AGAIN...
09/13/08
The majority of men meet with failure because of their lack of persistence in creating new plans to take the place of those which fail.
--Napoleon Hill
UPDATED 9/17
Chartz and Table Zup on my site.
http://www.sfgate.com/cgi-bin/article.c
http://www. -
Gonna post midweek....
09/08/08
The three great lies: "Of course I'll respect you in the morning,' 'The check is in the mail,' and "I'm from the government, and I'm here to help you."
--Herschel Chicowitz
On Monday, rates for a 30 year fixed dropped from the mid six per -
You have $100's of millions of dollars in your Defined Benefit Fund and $10's to $100's of thousands of dollars in in your 401a. Who still thinks that headlines about billions of dollars lost in the financial markets isn't a kick in your crotch?
09/06/08
It requires a great deal of boldness and a great deal of caution to make a great fortune, and when you have it, it requires 10 times as much skill to keep it.
Ralph Waldo Emerson
Chartz and Table Zup on the main site.
In the meantime...I've been adding links her
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One day I sat thinking, almost in despair; a hand fell on my shoulder and a voice said reassuringly, "Cheer up, things could get worse." So I cheered up and, sure enough, things got worse. -- James Hagerty
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August
-
Labor Day, Back to School For The Kidz, The End of Summer, The Next Leg Down In The Market and The 401a? That's what I expect. Here's why and what I'm gonna do...
08/30/08
"The first step to making money is not losing it."
-- Ed Easterling
CHARTZ AND TABLE ZUP On The Main Site!!! I've revised a few of the chart set ups and I'm happier with them. You may not be, because of what they show. Check 'em out...
Three day w -
TRANSITIONING BACK TO REALITY..... SUCH AS IT IS....
08/23/08
"The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
-Joan Robinson,
Charts and Table Zup on the site. I'm back to where I wanna be in the 401a, 10% plus annual -
IT WAS ALL GOOD.... AND THEN I ERASED THIS FILE .....
08/21/08
There was this cruise tour of Alaska, and I was gone for a while, and it was great. Then there was this software update when I got back , and I deleted a file as per instructions and the COFGBLOG disappeared. Flat fuckin'
DISAPPEARED.
Gone.
TOAST.
I called the help desk.
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Labor Day, Back to School For The Kidz, The End of Summer, The Next Leg Down In The Market and The 401a? That's what I expect. Here's why and what I'm gonna do...
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July
-
Drive On....
07/26/08
"Character consists of what you do on the third and fourth tries."
-- James A. Michener
Charts and Table Zup onna main site. Stuff to appear here later. -
MOTOGP @ LAGUNA SECA THIS WEEKEND; Time presses, a truncated post this week......
07/19/08
Don't worry about genius. Don't worry about being clever. Trust to hard work, perseverance and determination.
-- Sir Thomas Treves
Charts and Table Zup on my site...
Good week for headlines. Huge up day or two in the market. The government will back up everythin -
"Lower Than Whale Shit" "A Churnin' Urn Of Burnin' Funk" "Hammered Dawg Shit" "A Smoking Crater of Smashed Hopes and Ground up Dreams" "A Soon To Be Over, Slight But Not Totally Unexpected Temporary Pricing Correction"..... These are the entries for the best description of the current financial, credit and housing markets...
07/12/08
There is nothing that will benefit your portfolio more than avoiding losses when the market is acting poorly. If you can keep from incurring losses in your portfolio as the market falls, you avoid the very unproductive task of recouping losses once the market is more favorable.
James “Rev -
My Folk Retired In The 80's. My Dad's Pension Had A Cost Of Living Adjustment. Their Savings Were Invested in CD's Paying 10+% And Rental Real Estate. They Did OK. My Pension Does Not Have a COL Adjustment, But I've Got A Plan...
07/04/08
For purposes of action, nothing is more useful than narrowness of thought combined with energy of will.
-- Henri Frederic Ameil
Charts and Table Zup On My Site!
This was the week that the world figured out that no game goes on forever and eventually ya gotta tear it down
-
Drive On....
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June
-
Something hip and clever to appear here when I'm feelin' hip and clever.
06/27/08
"It is not how right or how wrong you are that matters, but how much money you make when right and how much you do not lose when wrong."
-- George Soros
UPDATED 7/2
Charteses and Table Zup!
AGAIN!! Clickit...
-
Testing.....
06/20/08
Charts and Table Zup!!!
There's only a some of the stock funds in the 401 I chose to track and I don't invest in them all and even then, only some of the time. Here's how those select funds are doing as of the last five weeks. I'm only in the B/P Fund for the absolute -
Twist of the Wrist. Get it Up On Two Wheels. He-man Adventure With The Flavor Of White Hot Steel.... 'Cuz life's too short to believe that driving in a cage is all there is.
06/13/08
It's all fun and games until someone gets hurt.
-- Mom
Charts and table Zup.
Yo K. B., Check out the 5/24 post. See ya at the hall...
Stay tooned for more this weekend.
'Till Then...
http://bigpicture.typepad.com/comments/
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DIT DIT DIT....DOO WAH WAH ... SOMETIME BAD IS BAD....Huey Lewis an' da Gnews.
06/06/08
"There is nothing so disastrous as a rational investment policy in an irrational world."
John Maynard Keynes
"Is there a choice in the 401 that I can put my money in and not have to pay attention to it?
Local 342 'fitter
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Something hip and clever to appear here when I'm feelin' hip and clever.
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May
-
Half theYear Almost Gone. Another Year of Life Slippin' Away. On The Other Hand, BBQ Season is Upon Us. Things Work Out...
05/30/08
"Opportunity knocks, but it has never been known to turn the knob and walk in."
English Proverb
Chartz and Table Zup!!
I shifted some cash to stocks Friday afternoon. The why and wherefores later this weekend...
UPDATED 6/3 SEE BELOW...
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Never a Dull Moment. Life Is a Never Ending Series Of Thrills Interrupted Only By Moment Of Ecstasy and Bliss.
05/24/08
"No emergency can justify a return to inflation. Inflation can provide neither the weapons a nation needs to defend its independence nor the capital goods required for any project. It does not cure unsatisfactory conditions. It merely helps the rulers whose policies brought about the catastroph -
There are reams of sophisticated fundamental analyses out there that purport to establish what a stock is worth. What you need to realize is that the correlation between a stock's 'value' and the price it is trading at is very loose in the short term. James "Rev Shark" DePorre
05/17/08
Rick: Your cash is good at the bar.
Banker: What? Do you know who I am?
Rick: I do. You're lucky the bar's open to you.
--Casablanca
UPDATE; 5/22. I CUT MY EQUITY EXPOSURE IN HALF!!! WAS IT WAS A BEAR MARKET BOUNCE AND NOW IT'S OVER? WE'LL SEE...
< -
There's Something Big On the Horizon...Stay Tooned!!!
05/10/08
Never let the future disturb you. You will meet it, if you have to, with the same weapons of reason which today arm you against the present. -- Marcus Aurelius
ChartZ and Table Zup!
A New Post Has Appeared On My Website @ The "Reforming A Pension Plan From The -
One Step At A Time....Time For The Next Step
05/02/08
October: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August and February."
-- Mark Twain
ChartZ And Table Zup!
Updated 5/5
So...
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Half theYear Almost Gone. Another Year of Life Slippin' Away. On The Other Hand, BBQ Season is Upon Us. Things Work Out...
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April
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MONEY WON'T BUY HAPPINESS, BUT IT SURE DOES FACILITATE IT......
04/25/08
Chartz and Table Zup.
"The market is not a sofa, it is not a place to get comfortable."
Jim Cramer
You know about clickin' on these....right?
an' this
The first chart is what I, in p -
Your government lies to you. Does inflation seem under control to you? You do drive and eat...right?
04/18/08
"Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless."
Milton Friedman
I don't make this up about your government lying to you. Check this out...
http://bigpicture.typepad.com/com -
Tuesday after lunch...sidereal time.
04/12/08
The ultimate result of shielding men from the effects of folly is to fill the world with fools.
--Herbert Spencer
Chartz and Table Zup!!
Been gone. Not Long Gone. Just work and taxes and personal stuff. And a 95% cash position frees up the mind and shoulders remarkably e
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MONEY WON'T BUY HAPPINESS, BUT IT SURE DOES FACILITATE IT......
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March
-
All outa cleverness now. Maybe later I'll find some....
03/28/08
Consistency is the last refuge of the unimaginative.
-- Oscar Wilde
Chartz and Table Zup
I'm going to continuing from last week's entry about what happened and what I'm doing and why... Stay tooned -
The smoking wreckage of the financial markets....Hm.... Smoke? Springtime sunny weather?....Time for a BBQ? I'll go buy the beer and I got charcol and hickory and cherry already....
03/22/08
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed into hopelessly unproductive works."
John Stuart Mill,
Charts and Table Zup...
Time to do the deed;
Way past actually;
Here's -
WHAMMM!!!!!!!
03/15/08
Charts and Table Zup... The table's got issues but I'll fix it later....
CLICKIT!!
Bear Stearns. I owned some in an IRA account last year at around $150 a share. I bought it cheaper. It traded down to $30 Friday and BSC was sold to JP Morgan this weekend -
Dem Changes.....
03/11/08
"Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment."
--Buddha
CLICKIT!!!!!
March Eleventh 08
"ROCKET UPSIDE FABULOUS DAY!!!!
AKA plain ol' short squeeze...
Made it al
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All outa cleverness now. Maybe later I'll find some....
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February
-
Watched the Tom Dowd film on IFC. From the Manhatten Project to Coltrane to Charles toFranklin to Pickett to Derrick and Duane. WOW!!! Almost makes me regret the Not Just Another Rennaissance Man riff. HE was an Ren man.
02/28/08
"No emergency can justify a return to inflation. Inflation can provide neither the weapons a nation needs to defend its independence nor the capital goods required for any project. It does not cure unsatisfactory conditions. It merely helps the rulers whose policies brought about the catastroph -
Down dobe do dow down, daba daba down dobe do da down..... Does that reveal a lot about how old I am?
02/22/08
I run on the road long before I dance under the lights.
-- Muhammad Ali
Chartes and Table Zup!
Check back at the end of the weekend.....Still big time in the GIC. Stay tooned.
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YouTube and Wolfgang's Vault; it's amazing how much audio/video remains of the SF music scene...
02/16/08
"Don't wait for extraordinary opportunities. Seize common occasions and make them great. Weak men wait for opportunities; strong men make them."
-- Orison Swett Marden
Charts and Table Zup!
CLICKIT!!!!
A 25% swing in 5 months. -
A lot goin' on in the markets. Wild swings, losses, and the slope of hope. I've got a plan.....
02/08/08
After all, what is your host's purpose in having a party? Surely not for you to enjoy yourself; if that were their sole purpose, they'd have simply sent champagne and women over to your place by taxi.
P.J. O'Rourke
Chartses and Table Zup
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Clowns.... nothing but clowns. And it's an ELECTION!!!! NOT a circus!!!!!!!!
02/01/08
"Most of the time I don't have much fun. The rest of the time I don't have any fun at all."
Woody Allen
Charts and Table Zup!!!!
Like the freaks and bros at Haight and Masonic used to say, "This is some good shit." Worked(s) for
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Watched the Tom Dowd film on IFC. From the Manhatten Project to Coltrane to Charles toFranklin to Pickett to Derrick and Duane. WOW!!! Almost makes me regret the Not Just Another Rennaissance Man riff. HE was an Ren man.
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January
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A STEAMIN' SCREAMIN' SMOKIN' HUNKA BURNING JUNK.... otherwise known as THE FINANCIAL MARKETS....aka YOUR PENSION AND LIFE SAVINGS
01/25/08
Nothing is safer or more effective than cash in a poor market.
Reverend Shark
My mind starts relaxin' when I start seein' pictures o' Jackson.
Little Richard
Charts and Table Zup
More to come later this weekend.
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FABULOUS UP DAY!!!!!!!.........whatever.....i ain't impressed...............
01/23/08
Checkout what it looks like from November 07 to now. You can see how fabulous today was .....if your eyes are good. CLICKIT!!!!
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I've had, depending on the fund, 50% to 100% returns in a 3 year period...But markets are cyclical in nature....So, this rough period is the other side of the coin....It's not just what you make...it's what you keep
01/20/08
IT'S 9:00 PM MONDAY EVENING AND THE INTERNET
NEWS AND FINANCIAL SITES ARE TALKING EITHER A
MAJOR DOWNDRAFT OR A WORLD WIDE CRASH IN
THE MORNING. I'M 93% CASH AND NOT BY ACCIDENT.
STAY TOONED.
"It is not the critic who counts, no -
HERE WE GO...... AGAIN!!!!!!
01/12/08
There is nothing that will benefit your portfolio more than avoiding losses when the market is acting poorly. If you can keep from incurring losses in your portfolio as the market falls, you avoid the very unproductive task of recouping losses once the market is more favorable.
James “Re -
There's always plenty of water....But sometimes its distribution is suboptimal. 'S'cuse me while go I sweep the neighbor's tree outa my front yard.....
01/05/08
=== UPDATED 1/8/08 ===
Lindsey Campbell; What do you do to fix the economy?
Barry Ritholtz; I don’t know that the economy needs fixing. What do you do to fix night? You wait and it becomes day.
Chartses and Table Zup! Looks like night is fall
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A STEAMIN' SCREAMIN' SMOKIN' HUNKA BURNING JUNK.... otherwise known as THE FINANCIAL MARKETS....aka YOUR PENSION AND LIFE SAVINGS
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December
-
2007
-
December
-
Happy New Year...(hic)
12/28/07
The price one pays for pursuing any profession or calling is an intimate knowledge of its ugly side.
-- James Baldwin
Chartses and Table Zup!!!
Off work 'till Jan 2nd. I'll be thinkin' thoughts and prolly I'll write about it here sometime this we -
The Cold and Darkness of the CDO blizzard just starting on the outside vs the Warmth and Light of the holidays in full roar on the inside. Go with what you have today. Tomorrow will wend its own way....
12/22/07
Facts do not cease to exist because they are ignored.
Aldous Huxley
Chartz and Table Zup!!!!
Check out the entry below. My 401 figures are suspect and so are yours. The explanation is below. The numbers should be good to go by next year.....
Maybe somethi -
Darkness on the Horizon...
12/14/07
When the market starts acting as poorly as this one has, market participants start looking for ways to protect themselves from further losses. The two most talked-about alternatives are buying so called "safe" stocks and hedging....
In a bear market, there really is no such thi -
Ho Ho Ho Ho Ho!!!!!
12/08/07
"Democracy is the theory that the common people know what they want, and deserve to get it good and hard."
-- H.L Mencken
Chartesses and table Zup.
There's money being made and lost all the time all around us. With the 401a, we're no longer just spect -
"Goin' home..." Alvin Lee
12/01/07
"The market is not a sofa, it is not a place to get comfortable."
Jim Cramer
Chartz and Table Zup.
End O' The Year and I'm head down and headed home WFO. Four weeks to go, there are a lot of money managers who got caught leanin' the wrong wa
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Happy New Year...(hic)
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November
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A hammer is simple, cheap, easy to use, effective, and reliable. But you can no more paint with it than you can make money owning stocks on the way down.
11/23/07
True genius resides in the capacity for evaluation of uncertain, hazardous and conflicting information.
-- Winston Churchill
Chartz and Table Zup.
Click onna charts below....
What the charts are and what it suggests to me latter this weekend...
OK, -
Never a dull moment......
11/17/07
It's all fun and games until someone gets hurt.
-- Mom
Chartses and Table Zup
Check it out. CLICKONNIT!
Either the Calamos Fund blew up and lost 10% of it's value in one day.... or it paid off its Capital Gains and the money that disappea -
Stocks go up and Stocks go SPLAT!!!!!!! On the track we call this a "face plant".......
11/10/07
"Concern should drive us into action and not into a depression. No man is free who cannot control himself."
-- Pythagoras
Chartes and Table Zup!!!!
Check out the chart...CLICKONNIT!!!
We had a good year goin' until we had the March s -
Damn!!! another year circling the drain...... Christmas presents fer the little Grandkidz. Thanksgivin' Turkey and Christmas goose an' all gonna happen soon....
11/03/07
A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort.
--Herm Albright
Chartzes and table Zup...
Workin' hard to get my Ira's 'n 401 to perform this year in a bidirectional market. It take as much
-
A hammer is simple, cheap, easy to use, effective, and reliable. But you can no more paint with it than you can make money owning stocks on the way down.
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October
-
Walka jawalka
10/27/07
Chartz and Tables Zup!!
There's the stock market and also the market of stocks. We've had some great days in the indexes and individual stocks...but a lousy month in the same stocks prior to many of the great days. It's a serious traders' market where you can sca -
It's Tuesday after work an'....
10/23/07
I'm toast. It was a super full three day weekend. It was back to the track for a heat check Monday. I wanted to see if I still had the fire inside. Do I sell all the sport bikes and buy a Goldwing w/ an awning and refrigerator 'cuz I'm old? Or do I buy a new ultragnarly crotchrocket s -
Dee Do Do Do, Dee Dah Dah, Is All I Wan WHOOOSH..SPLAT
10/20/07
The art of investment is the art of selling. Buying is a lesser skill and holding requires no skill at all."
-- Harry Schultz
Chartz and Table Zup!!!!
Check out the chart below. CLICK ONNIT!
"
The chart is the performanc -
Three years; Up 60%. AGAIN, ya gotta make it when ya can.... Not when you need to. The opportunity ain't necessarily gonna be there just because you need it to be.
10/13/07
"When the facts change, I change my mind. What do you do, sir?"
--John Maynard Keynes
CHARTZ 'N TABLE ZUP!!!!
The charts and tables pretty much tell the tale.
CLICKONNIT
Half bonds/half stocks. Brilliant alloca -
Eighty percent of the gains are made in twenty percent of the time. You snooze; you looze. Sleepy is one thing I'm not..The market's smokin' an' I'm hangin' on with a grin so big it hurtz. Christmas looks good already......
10/05/07
Trends, like horses, are easier to ride in the direction they are going.
-- John Naisbitt
Chartz and table ZUP!! More words about what I'm thinkin' about prolly this weekend. Stay tooned......
AND, IF YOU HAVE NOT READ THE POST BELOW (9/28/07)....DO IT NOW
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Walka jawalka
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September
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What do the financial markets have in common w/ The Circus of Dr. Lao?
09/28/07
There is no security on this earth, there is only opportunity."
--General Douglas MacArthur
A hugely significant event has occurred in our 401a plan. This event is absolutely the most important occurance I can imagine for many of the younger members. It is, ho -
Brave New World of the post Fed interest rate move.... or not.
09/21/07
"There are some things which cannot be learned quickly, and time, which is all we have, must be paid heavily for their acquiring."
Ernest Hemingway
Chartz and table Zup!!!!!
So it goes... the year is winding down and it doesn't look like this ye -
It's all about cycles. If you are goin' up, ya gotta figure you eventually will go down and visa versa. Ya ride 'em up and ya bail when they go down. Are we at a top? Do I ride on or bail?
09/15/07
Just remember one thing: there are no good stocks. They all suck. Even those that are making you money are going to turn on you sooner or later. The only stock you should say anything good about is the one you no longer own that made you money.
--Reverend Shark
Chartz and Table Zup!! -
Sea Change...That's a cultured and erudite way of sayin',"The Party just Got Ugly..." ...Which it just did.
09/08/07
Don't be afraid of missing opportunities. Behind every failure is an opportunity somebody wishes they had missed.
Lily Tomlin
Charts and Table Zup!
I'm feeling better about what's going to happen and what I'm gonna do about it regarding the -
"God I hope I break even...I could really use the money." A good sign that you're not gonna make it as either a professional gambler or investor
09/01/07
CHARTZ AND TABLE ZUP.
Things are not at all what they seem. Film at eleven and a big bin of ones and zero's sent over the pipes of the interweb to magically appear here as arcane financial 401a blather later on this long weekend.
I'm told that a number of union locals acro
-
What do the financial markets have in common w/ The Circus of Dr. Lao?
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August
-
The Yo Yo Paradigm....
08/29/07
It requires a great deal of boldness and a great deal of caution to make a great fortune, and when you have it, it requires 10 times as much skill to keep it.
-- Ralph Waldo Emerson
Volatility up. CLICKONNIT
Three percent down in one day and 3% up -
Hoo Haa!
08/24/07
"There are some things which cannot be learned quickly, and time, which is all we have, must be paid heavily for their acquiring."
Ernest Hemingway
Charts and Table Zup!
If you play the game, you will make mistakes. If you stay in the game, you'll get -
If this was easy.....
08/17/07
Charts and table Zup.
All is not what it seems. I bailed out of the 401a stock funds bit by bit this week according to the rules as the markets cratered. By the selling panic of Thursday AM, I was almost all the way out. By the time the FED blinked and the buying panic of Friday started, -
TRIPLE DAMN!!!!!
08/15/07
No post last weekend.
Vacation and unscheduled/unannounced "weekend maintenance" by my site provider is to blame.
The financial markets are cratering, on their way to "smoking ruin". Saw that happen in '00 to '03.
Cash doesn't go down. Sell u -
Double DAMN!!!!
08/04/07
Chartz and table ZUP!!!
Bloody week in the market, Behind the indices and headlines, it's a lot worse than that. I use Stockcharts.com to track some stocks I may be interested in. Here's what part of a page looked like....
Clickit!!!
My plan for
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The Yo Yo Paradigm....
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July
-
Damn!!!!
07/31/07
I think forty five percent of our fixed income portfolio in the pension fund, supplemental pension plan, apprenticeship training fund and health and welfare funds is in mortgage backed securities. Check out my website.Clickit!! -
Death, Despair, Destruction, Damnation, Disintegration, Defenestration, Desolation, Disintermediation, Disembarkation, and a whole lotta REEEALY BAD STUFF. Now What???? Well..... actually, I have a plan.....
07/28/07
Chartz and tablez up. Gotta full plate doing family stuff this weekend. But I got a head full of stuff that needs to see the light of the internet. The markets got CRUSHED this week and it looks like it's gaining steam on the way down. Now what?
Well......I'm fairly sanguine ab -
MOTOGP At Laguna Seca; Serious Racing By Serious Racers. None Of This Too Hour Too Long Parade Shit Like In F-1 Cage Racing.
07/20/07
Charts and Tables Up!
"The art of investment is the art of selling. Buying is a lesser skill and holding requires no skill at all."
-- Harry Schultz
More of the same. The 401a funds are doing very well. Being long and strong the best performing fundz and -
Whoa!!! I sure as hell didn't see THAT comin'.......
07/13/07
It is a mistake to look too far ahead. Only one link in the chain of destiny can be handled at a time."
--Winston Churchill
Charts and tables UP!!!! So's the market. So'm I. YEE HAAA!!!!!
Gotta bank this feelin' to savor it when things don' -
Onna counta 'cuz, that's why....
07/06/07
Charts and tables up at joefacer.com. Fund Alarm tables too.....
Here's a BIGCHARTS chart showing the past ten years performance of:
1) A McMorgan stock fund (mcmex) representing the performance of the equity portion of our pension funds from '93 to 2005.
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Update(s) for this week...
07/02/07
Like so many things in the market, you can embrace the holiday trading phenomena and try to make some money, or try to fight it and hope you don't suffer too much pain while waiting for folks to come to their senses once again.
Rev Shark
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Damn!!!!
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June
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A change in the character of the market....Or not. But probably.....
06/30/07
The one great certainty about the market is that things will always change. When we lose sight of that fact and dig in our heels on a particular viewpoint or thesis, it can create tremendous stress as we deal with an environment that may not appreciate our great insight.
Reverend Shark
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"De do do do, de da da da, Is all I want to say to you".... The Police ...... From the lost episode of DRAGNET
06/23/07
The first step to making money is not losing it."
-- Ed Easterling
Charts and tables up. More to come, Here and at my wwwebsite, ya know.... There's stuff I gotta think about and I gotta decide what I'm gonna do.....even if I do nothing. Which is a decision an -
There is nothing so important, so critical, so meaningful, so vital, that it cannot have the basic principles and tenets of procrasination applied to it....that is, if I could just get around to it.....
06/16/07
Like we say in the sewer, "Time and tide wait for no man."
-- Ed Norton
Charts and tables up!
I'm of the opinion that the members of our local have been poorly served by the Board of Trust(BOT). I believe that over at least the last fifteen years, the -
TBDL
06/09/07
Charts and tables up. more to come....
I'm standing pat for the moment with money allocated as shown in the table on my site. I've got some exposure, 'n some cash, an the exposure is where I'm more comfortable, if not really actually comfortable... I'm expecting m -
Check it out...
06/07/07
I'm still addin' to last week's post. But this needs to get posted here. Check 'em all out...
How Saudi Arabia is running our economy
http://www.thestreet.com/_tscs/newsanal
AND
Here's why ya gotta be (shoulda been) thinkin' o -
Google "Ghost Rider Stockholm Upsalla" Too crazy for me. Still.....
06/01/07
"This has been a great year for preventive worrying. Seldom in recent history have so many people worried about so many things that haven't happened."
-- James Reston
Charts and tables up; I'm not done.... Like last week, stuff will/may appear now and then over
-
A change in the character of the market....Or not. But probably.....
-
May
-
Life gives you what it will. It's not necessarily what you'd ask for, or what you'd work best with. But it's what you're gonna get. So get used to the idea and get something done...
05/26/07
"Stubbornness does have its helpful features. You always know what you're going to be thinking tomorrow."
-- Glen Bearnan
Charts and tables up.
What do Modern Portfolio Theory, The Modern Jazz Quartet, and Joe Facer have in common? If you've got -
These are the best of times and these are the worst of times...I used to think I was wishy washy, but now I'm not sure if I am or not......
05/19/07
Charts and tables up. -
I've been real busy....
05/12/07
Charts and table up. More to come.....
International diversification, which I recommend for the sheer thrill of losing money around the clock in all sorts of different countries for reasons you cannot articulate, inevitably involves currency risk.
Howard Simons
So -
Does this look familiar? tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick.. you hear somethin'?
05/05/07
Yeah? Well I came down w/ a bug early in the week and never got around to doin' the entry here that I wanted to, so I'm gonna do that this week. When ya control the site, do overs happen. So, it goes like this.....
International diversification, which I recommend for the sheer
-
Life gives you what it will. It's not necessarily what you'd ask for, or what you'd work best with. But it's what you're gonna get. So get used to the idea and get something done...
-
April
-
tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick.. you hear somethin'?
04/28/07
International diversification, which I recommend for the sheer thrill of losing money around the clock in all sorts of different countries for reasons you cannot articulate, inevitably involves currency risk.
Howard Simons
Charts and tables up. more to come.... -
Caution often makes you feel stoopid 'cuz while you stand aside, everyone still out there looks like a money making genius. But when bad stuff DOES happen, you look like a genius. Therefore, the object of the exercise is not to let caution dig you too deep a hole while you wait for your turn to look smart...
04/21/07
Charts and tables up. more to come...
4/25/07
I'm back up to 90% stock/10% cash as of the end of today.
The market keeps teaching a lesson that many market participants don't want to learn. That lesson is that it is not going to go down until it is g -
It's Tuesday after lunch sidereal time and I'm rubbin' my eyeball across some charts and tables when I had this thought.....
04/14/07
Check it out...Clickonnit!
I'm not doing very well so far this year for all my efforts.
So it goes.
There's this housing bubble that's just starting to unwind in some US real estate markets, and there's big time deficit spending by a Republican president that -
Earnings reports start next week. click.click.click.click.click.click.click.click OVER THE TOP!! YEEHAAAA!!!!!!
04/08/07
Charts and tables up. Taxes done. So here's what I see....
As per the COFG ESSAYS elsewhere on my site, there was this dotcom bubble and the ensuing dotcom blow up. I was on the periphery of all that. I was working in the southbay and I worked OT hours out the wazoo with a thousand o
-
tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick..tick.. you hear somethin'?
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March
-
Spring has sprung, Iran is holding Western hostages,oil prices are up, real estate and lending are goin' down, bad loans are ticking in the banks. we're bogged down in an overseas civil war, we have a Republican government imploding, the Demo's are about to have a bloody campaign between non-compelling candidates. Welcome to 1969,70,72,'76,'80,84,91 and a lot of other bad years.
03/31/07
"Life is tough, but it's tougher when you're stupid."
-- John Wayne
Charts and tables up. I've been almost exclusively long from 9/04 to 2/07 and I'm up 40% to show for it. Now I'm at 70% cash down from 90% cash to 60%cash back to 70% cash -
What everybody wants is to be given is the key to always winning with minimal effort. What they get is....
03/25/07
Charts and tables up.
At the end of last week I went from 90% cash to 60% cash. The rapid trading rules locked me out of my preferred funds for another week. But there still was a way for me to get back in the market with effective exposure to the current upside movement.
Here' -
Da Saturday website an' blog thing 'n all that that entails, I mean, ya know what I mean?
03/17/07
"The master in the art of living makes little distinction between his work and his play, his labor and his leisure, his mind and his body, his information and his recreation, his love and his religion. He hardly knows which is which. He simply pursues his vision of excellence at whatever he doe -
Stepped In a HOLE!!!!
03/13/07
Kinda saw that one coming....Click onna chart...
Notice when the downturn started and how volume stayed steady... Notice the one huge drop on 2/27 and the big volume that day as a lot of people bailed... Notice the low volume bounce. The market started back up but on declining -
Never A Dull Moment. GUARANTEED!!! Watch This...........
03/10/07
"The art of investment is the art of selling. Buying is a lesser skill and holding requires no skill at all."
-- Harry Schultz
Chartz and tablez nowhere. For once it is not K and G hangin' me up. This time my charting service is installing a new UPS for their se -
The Bad News Is, Ya Ain't Seen Nothin' Yet. The Real Bad News Is, I Think It's Just Started...
03/03/07
Just remember one thing: there are no good stocks. They all suck. Even those that are making you money are going to turn on you sooner or later. The only stock you should say anything good about is the one you no longer own that made you money.
--Reverend Shark
Charts and
-
Spring has sprung, Iran is holding Western hostages,oil prices are up, real estate and lending are goin' down, bad loans are ticking in the banks. we're bogged down in an overseas civil war, we have a Republican government imploding, the Demo's are about to have a bloody campaign between non-compelling candidates. Welcome to 1969,70,72,'76,'80,84,91 and a lot of other bad years.
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February
-
SO FAR, SO GOOD....OOPS!!
02/27/07
Well, wasn't today special. I've got a full plate tonight and I'm busier than a long tailed cat in a rocking chair factory. But I've had the time to set up the trade to go to 80% cash in the 401a at the close of the market tomorrow. I expect to check the market at lunch tomorrow -
WhatamIdoin' now? Well, that's a really good question, and thanks for the call.....
02/24/07
Charts and tables up. KandG won't let me into the site. I tried a coupla hours later and all is working now...
I've got a big family weekend goin' on but it's time to unleash some thoughts that need to be photons in the aether. So maybe later in the weekend, you'll read -
Nothin' to say....Know what I mean?
02/16/07
Charts and tables up. More to come
-
Another week, another battle. First, to minimize risk and second, maximize return.
02/10/07
"Success in almost any field depends more on energy and drive than it does on intelligence. This explains why we have so many stupid leaders."
-- Sloan Wilson
Charts and table up....
Another week, another battle. First, to minimize risk and second, to maximize -
Daba Dooba Daba Dooba Deeba Dooba Day... I dug up some J.Geils Live and spun it up last night.I remember when the Filmore Auditorium was open 6 days out of 7 and ran 2 shows a week.I figured to go more often the next year... There's a lot of fun music gone forever.
02/03/07
Charts and tables up. More to appear here this week. I bought a major brand name computer a week ago, my first since my original IBM in the early 80's, and am paying the price for not rolling my own. As it works itself out, I'll post here.
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SO FAR, SO GOOD....OOPS!!
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January
-
Testing...Testing...One, Two, Three....Anybody out there?
01/28/07
"Change has a considerable psychological impact on the human mind. To the fearful it is threatening because it means that things may get worse. To the hopeful it is encouraging because things may get better. To the confident it is inspiring because the challenge exists to make things better.&qu -
If this was really your retirement funds and not just a practice exercise, don't you think you'd have been given better instructions?
01/20/07
One of the most difficult investing skills to master is being persistent and confident while not crossing the line to being stubborn and obstinate. It is a very fine line and you will never get it quite right now matter how hard you try.
Reverend Shark
Charts and tables -
Can there be any doubt about the '08 elections?
01/13/07
Charts and tables up. There's big stuff going to start appearing here starting this week. I'll start with a new approach to running the 401a when things get volatile. We had a big hiccup in May and a very solid and unwavering run up into year's end starting in July. There is every re -
Back to the same ol' same ol'. The new year is here and it looks a lot like the old one.......
01/06/07
Charts and tables up. The numbers always look a little wonky for the first month or so; The B/P fund is down a tad and I'm down about 1%. So my percentage is 659.7893% worse than the B/P Fund over the three trading days of this week. That'll change.
I manage my family IRA
-
Testing...Testing...One, Two, Three....Anybody out there?
-
December
-
2006
-
December
-
HAPPY NEW YEAR
12/30/06
Charts and tables up. I've been locked in a death struggle with a virus or two for the last two weeks. I'm still alive AND slightly less miserable. So there may be a future in which I can see across the room and get up and walk there without taking a nap before and after. Or maybe not. Scr -
Seasons Greetings... A Festivus for the rest of us? Gimme a break and a gingerbread man and another egg nog while you're up.
12/23/06
Here's what the current charts show for cap gains hiccups. It's a PITA, but better to have gains than not...Know what I mean,Vern?
Figure that the American Fund EuroPacific Fund does it's thing in the last days of the year, so there's more to come.
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I want to thank everyone for their support in the recent election. I'm still going to get the job done. But it'll be done from the outside. Phase Two starts today..... Check out www.joefacer.com /Reforming a Pension Plan
12/16/06
Some charts and tables up. Either the Lord Abbett Small Cap went down in flames big time 13%) in one day (pretty unlikely) or it paid a VERY substantial dividend or capital gains. (PFL).
===It was the latter case, the div/cap gains were $4.531 per share.===
I'll p -
ELECTIONS!ELECTIONS!ELECTIONS! Be There Or Be Square!!! Am I Showin' My Age? SEE YA AT THE HALL.
12/09/06
Charts and Tables Up! The election weekend has got my schedule scrambled, my broker's IT team was locked in a death struggle with their computers and I was locked out some of my preferred tools for charts and tables. I downloaded a new version of Internet Explorer and it took a while to figure -
ONE WEEK UNTIL THE ELECTIONS!! BIG TIME SUSPENSE AND WILD AND CRAZY ADVENTURE WITH THE FLAVOR OF WHITE HOT STEEL!!!
12/02/06
Tables and charts up.... My personal 401 account data is a tad flakey because the last two months contributions are a tad unreal. In the process of running the problems down, I found some months with the wrong hourly deduction. Checked your contribution history lately? It's not only the right
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HAPPY NEW YEAR
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November
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TWO WEEKS UNTIL THE ELECTIONS. SHOW UP AND MAKE YOUR VOICE HEARD.
11/25/06
Charts and tables up. I've got a full plate for the weekend. There may be more posted here.....but no promises. My 401 account is long and strong, the return is smokin' and if I keep my head screwed on and don't get greedy, I'll keep most of it if the market starts to go south. I -
===THE AFTERMATH=== Whatchur left with after all the addition/subtraction/multiplication/ and goezintas are done.
11/18/06
The chart service is working right again. Charts and tables up like their supposed to be. Be that as it may, the Special Called Meeting came down and it was a major success in all ways. The attendance was as great or greater than a typical union meeting and a lot of people stayed to the end. A -
SPECIAL CALLED MEETING THIS WEDNESDAY THE 15TH AT 7:00 PM.
11/11/06
Charts and tables up. The numbers and pictures speak for themselves. But I like to talk about it here anyway. Again, I'm doin' double what the Balanced Pooled Fund has done over the last 2 years. That's what I'd hoped to see. I've spoken with three 342 members in the last -
End of the year...cold weather, holidays, elections nationally and locally and at the Hall, Maybe some Big Changes coming down.... Sounds good to me. I'LL BE ATTENDING THE 11/15 401a MEETING.
11/04/06
Charts and tables up. More to appear here this weekend. Union nominations this Thursday. The yearly openning to change your 401a plan contribution. Lotsa stuff. Check it out.
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TWO WEEKS UNTIL THE ELECTIONS. SHOW UP AND MAKE YOUR VOICE HEARD.
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October
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It's a $400,000 day in the Bay Area. Indian summer and days like today are why your house is worth $400K more than one where the weather is going bad...
10/28/06
Charts and tables up. If you check out my percentages in the various funds you will see that I committed a little more money into stocks and outa cash last week. The last two and a half years, I was pretty much head down and WFO in five stock funds and everything was fine. I was all GIC a coupla -
Election Countdown...Only a coupla three four or five or more weeks to go...
10/21/06
Charts and tables up. I'm shooting for a new post to the "ELECT ME TO THE BOARD OF TRUST OF LOCAL 342 THIS DECEMBER" page on the website and blog this weekend. Check it out. Stay tooned for more to come. -
Special Called Meeting in November; Be there Or Be Square...
10/14/06
Charts and tables up. It is almost a lock that UA Local 342 will have a special called meeting in November to address isues with our pension plans. This will be big and will affect every member who hopes to retire out of 342 and live happily ever after. Stay tuned, Spread the word and be there or be -
How's it goin'? Well it's goin' like this....
10/07/06
"Energy and persistence conquer all things."
-- Benjamin Franklin
Charts and tables up. Let's look at where I stand after two years and a coupla three four weeks of running my own 401 money versus leaving the money in the default choice; the "Balanced Pool
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It's a $400,000 day in the Bay Area. Indian summer and days like today are why your house is worth $400K more than one where the weather is going bad...
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September
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if you don't find it out here, ya ain't gonna find it out.
09/30/06
Charts and tables posted. You'll find more here and on http://joefacer.com/id19.html by the end of this weekend. Copy it and get it out to the membership. Local 342 Brothers and Sisters will be glad you did.... -
Successful investing is a lot like surfing; You can't make the ocean do what you want it to do. Instead you catch a ride to where it is going on its own and avoid getting wiped out on the way. Substitute "market" for" ocean".
09/23/06
"Careful. We don't want to learn from this."
--Calvin & Hobbes comic strip
Charts and table up. Cross currents are what it's all about. There were three bubbles. The dotcom bubble, the housing bubble, the energy and other commodity bubble. The dotcom -
Election Countdown...coupla three months to go and counting.
09/16/06
"The trouble with most of us is that we would rather be ruined by praise than saved by criticism."
-- Norman Vincent Peale
Charts and tables up. There's a new page on the upcoming 342 election at joefacer.com. Tap the link to the right. More to come in the next thr -
Election season. Never a dull moment...
09/09/06
Charts and tables up. Maybe more to come....
Rev Shark said...
Just remember one thing: there are no good stocks. They all suck. Even those that are making you money are going to turn on you sooner or later. The only stock you should say anything good about is the one you no l -
The stock market is about to get really really bad or really good real soon, or not, Probably. Or so I've been told by a lot of experts who disagree with each other.
09/02/06
Charts and tables up. Check out the AlarmFund.com tables. That and the stock charts and the real estate and international news tells a story I'll want to think and write about and act upon...talk to me about it at the hall this month.
significant stuff in the news...
htt
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if you don't find it out here, ya ain't gonna find it out.
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August
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Safe low tar cigarettes, low fat bacon, low salt potato chips, "heart healthy" breaded,fried, cheese sauced chicken sandwiches, low risk conservative investments. LIES! ALL LIES!!!
08/26/06
"The art of investment is the art of selling. Buying is a lesser skill and holding requires no skill at all."
-- Harry Schultz.
Charts and tables up. Busy this week. I'll get serious about whatz up next weak. -
There's A Fine Line Between Being Flexible And Going Limp.
08/19/06
Kinda a surprise this last week; I was set for the market to drift down through the historically poor period of Aug/Sept. A bear market rally on the way, I wouldn't have been surprised by. I was not prepped for the rocket launch that occurred this last week. Still, I was about half in/half -
Time To Play Catch Up On The BLOG. Hang On. Here's Where We Start To Pick Up Momentum.
08/12/06
I've been busy. But that's no excuse, it just is what it is... I've scoped out the new Defined Benefit set up post McMorgan and you'll hear more about that soon. Stay tooned for the Special Called Meeting on the pension plans for September that was moved and accepted on the floor -
PLEASE STANDBY. I'M CURRENTLY EXPERIENCING TECHNICAL DIFFICULTIES....
08/05/06
The KandG 401 website is down. I've got a monthly contribution to check on and allocate, and stock fund performances to tally and post to www.joefacer.com. I can get the fund prices from other places, but shares and contributions in my account are what matters. Until I can get in to the site
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Safe low tar cigarettes, low fat bacon, low salt potato chips, "heart healthy" breaded,fried, cheese sauced chicken sandwiches, low risk conservative investments. LIES! ALL LIES!!!
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July
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A Real Good Week Makes It All Worth It...
07/29/06
"Consistency requires you to be as ignorant today as you were a year ago."
-- Bernard Berenson
Charts And Table Up. More to come.... -
Stocks Go Up And Stocks Go Down...Jeezuz! DoThey Ever...
07/22/06
Sat 22nd. Charts and tables up.
Wed 26th. Not much doin'. I'm in the process of being hammered flat by a cold, the market has hit a bottom, just maybe not THE bottom. I'm 80% long and 20% cash in a rising (for the moment) market. I'll expound at length next weekend. -
Wow!!!!! That Sure Didn't Work Out Like I Wanted It To!!
07/16/06
"It's tough to make predictions, especially about the future."
Yogi Berra
"No one that ever lived has ever had enough power, prestige, or knowledge to overcome the basic condition of all life -- you win some and you l -
Stevie M Says, 'We got work. SaveYour Money'. Hell Yes!!! I've Done It Six Out Of The Last Seven Times.It Didn't Take Me Long To Figure Out How It Always Works...Revised 7/12
07/08/06
Charts and Tables Up.
Not much to post tonight. My 401 is doin' just fine. The extra work is paying off in greater returns and that is gonna get better when it is compounded in future years. I'll move the FPRAX/IDETX Mutual Fund Lessons to the website along with some other stuf -
MAJOR CHANGE! NEW TRADING RESTRICTIONS ON THE 401 PLAN. SEE THE KANDG SITE!
07/02/06
The heading says it all. It makes what I'm doing a little harder, but not impossible. See me at the hall. We should talk. -
I'd Like To Think I'm Starting To Get Traction On This 401a Thing. Talk To Me About It At The Next Meeting...
07/01/06
"The primary objective of leadership is to help those who are doing poorly to do well and to help those who are doing well to do even better."
-- Jim Rohn
Charts and Tables up.
The Conclusion of "My Most Gnarley Mutual Fund Adventure"
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A Real Good Week Makes It All Worth It...
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June
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Never A Dull Moment When It's All About Your Life's Savings...
06/24/06
Tables and Charts up. I've spent some time polishing the third and sixth pages. They're done for a while. The biggest change is that I finally got around to putting up link to the New York Times "THE END OF PENSIONS" article. I consider it a must read. If the company specific -
You feel like a hero when you break even....
06/17/06
Charts and tables up. .
Here's where I was going with the FPRAX and IDETX riff; "Buy and hold", "Be patient, it'll always come back, it always does", "These are world class quality American companies, stay with them, you can't go wrong in t -
Concentrated Triple Double Compounded Ugly ... Revised 6/13
06/12/06
The title bar says it. Weeping and wailing and gnashing of teeth. I lost too much money Monday for being 75% cash and my only remaining sizeable stock exposure in LRSCX was the culprit. The fear on the Street is huge. Stocks are a sea of red. I suspect that scared investors still holding stock -
I'm listening to Freddie King's "Going Down", It seems appropriate...
06/10/06
"No one that ever lived has ever had enough power, prestige, or knowledge to overcome the basic condition of all life -- you win some and you lose some."
-- Ken Keyes, Jr.
Charts and Tables up. I talked to some brothers and sisters at the Union meeting and got some input -
The youngest moves out today. Remember what Dobie Gillis' dad used to say? I came close.
06/03/06
Charts and tables up. The ballad of Bill Sams, Janus International Holdings LLC, and Joe Facer to be continued. It's Sunday really late and I'm way behind. I'll post as time permits. I've reviewed the same charts shown elsewhere on my web sites and I'm gonna push my
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Never A Dull Moment When It's All About Your Life's Savings...
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May
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Managing your own 401a; Macho Man Adventure With The Flavor Of White Hot Steel.
05/27/06
"It is not how right or how wrong you are that matters, but how much money you make when right and how much you do not lose when wrong."
George Soros
Charts and Tables Up. I want to talk about Bill Sams and the FPA Paramount Fund (FPRAX). My buddy Jac -
Clean rooms start in the dirt, beer and cheese comes from stuff rotting, and you don't wanna hang around where cows become prime rib and steak. Likewise the otherside of 40% up can look NASTY....
05/20/06
"Concern should drive us into action and not into a depression. No man is free who cannot control himself."
-- Pythagoras
Charts and tables up. For the past two years, I've been droning on endlessly about the need to get some exposure..ANY exposure...to the st -
Uhh Oh!!! The markets fell in a hole. How far is down and am I gonna go along for the ride?(Revised 5/15)
05/13/06
Charts and tables up. Fifty percent of my '06 gains gone in two days. Screens bleeding red. My trading and IRA stock accounts with a fair number of momo stocks and my IRA mutual funds just got hammered. The Defined Contribution account lost a fair chunk of gains too. Eleven percent up -
YEE HAAA! I'M OVER A 40% RATE OF RETURN SINCE 9/04 AND UP 11% YTD! NOT HALF SHABBY! Getting it is nice. Keepin' it is better.
05/06/06
Charts and tables posted. I moved some more money Friday after the market closed. Markets lookin' choppy and herky jerky. My account lookin' good.
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Managing your own 401a; Macho Man Adventure With The Flavor Of White Hot Steel.
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April
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I sure hope I break even. I could really use the money.
04/29/06
So other than the move of some funds out of the GIC last week and into small caps and foreign, steady as she goes. I'm fully locked into some overdue honeydo's, a car up on blocks, four bikes to get road and track ready, a job, and even some eatin' an sleepin' too. Over -
Hold my beer and watch this.....
04/22/06
"You may have a fresh start any moment you choose, for this thing that we call 'failure' is not the falling down, but the staying down."
--Mary Pickford
Rough market. Up an' down stocks, rising rates, good earnings, a few blow ups. Rising foreclos -
It's as true today as it was two weeks ago, so ya gotta look at it again.
04/16/06
Thoughtless risks are destructive, of course, but perhaps even more wasteful is thoughtless caution, which prompts inaction and promotes failure to seize opportunity.
-- Gary Ryan Blair
'nother week, 'nother post. Stocks go up/stocks go down. Look at the charts. It -
The past is easy, the future is different matter.
04/08/06
The trouble with opportunity is that it's always more recognizable going than coming.
Jerry Byrne
Charts and tables up, They tell the story. Party on. It's getting ugly here and there; somedays are as tough and ugly as other days are easy and mellow. But I subscribe -
Even Republican pundits acknowledge that they are likely to lose the House this year. If the Demo's can't win this year, When can they? And if they can't, do we need to reexamine our political alliances? Appended 4/5
04/01/06
Thoughtless risks are destructive, of course, but perhaps even more wasteful is thoughtless caution, which prompts inaction and promotes failure to seize opportunity.
-- Gary Ryan Blair
It's a new month, so there are new Fundalarm.com tables. More about that below. Ther
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I sure hope I break even. I could really use the money.
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March
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Anyone else get a sense that all of a sudden the next two elections are the Democrat's to lose? And that they are really good at it lately?
03/26/06
Watch this space. I've been busier than a one legged man at an ass kicking contest this weekend and it's Sunday evening and I'm half way through Saturday morning. I'll post this week's entry as soon as I hit the ground again.
Monday evening addenda; Charts and tables -
Sex and Drugs and Rock n Roll...Anyway, one outa three's still as good as it ever was...
03/18/06
Whoa! Pretty good week all around. Even with close to 30% of my account in the cash equivalent GIC, I'm still at a smokin' 34% gain in 18 months. That's equal to the high water mark of the last coupla weeks. Of course, my performance for the week coulda been a fifth again what it -
Ernest goes High Finance; Bulls and Bears and Pigs...Oh My.....
03/09/06
BULLS MAKE MONEY, BEARS MAKE MONEY, PIGS GET SLAUGHTERED.
Time to declare victory and bail outta Dodge. It's Time To Go.
To recap for you...
Since 9/04 I've been bullish. Once the 401 plan had a decent selection of investment funds to choose from, I avail -
One step closer to the door.....
03/04/06
Condolences to friends and aquaintances of Jon Davies. Too often life is a series of intentions left on the table. Jackin' jaws with Jon one of these days is another intention left on the table...
Another week down and another dollar made. Check out the charts and the table for t
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Anyone else get a sense that all of a sudden the next two elections are the Democrat's to lose? And that they are really good at it lately?
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February
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300 channels and nothing to watch? Buy a Tivo and quitcher whinin'. (revised afternoon of 2/26)
02/25/06
Last week I wrote about increasing political and economic dangers. This week Al Queda got way too close to a major source of petro product for much of the world. The world exists in a big tank of oil and if someone pokes a hole in it, all the oil in the tank starts to head for the low spot. -
Long Weekend, Just Not Long Enough.
02/18/06
Opportunity knocks, but it has never been known to turn the knob and walk in."
English Proverb
The sellers finished selling and the dip buyers bought when they saw prices stop falling or when they were low enough to look good. So markets went back up. Somewhat. I' -
Another day older and deeper in debt. (Showin' my age by cracky...)
02/11/06
"However beautiful the strategy, you should occasionally look at the results."
--Sir Winston Churchill
Bloody week in the market. For a couple of days my trading screens were bleeding red off the monitor and onto the floor as the momo boyz (momentum traders) ble -
I got too many things goin'...
02/05/06
And it wads too may things into too little time. So it's Sunday evening and the charts and worksheets are current and I still gotta weekend o'stuff to do. But it don't look likely to happen....
Things of note; The run up at the beginning of the year has met with consolid
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300 channels and nothing to watch? Buy a Tivo and quitcher whinin'. (revised afternoon of 2/26)
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January
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Monday night Kentucky windage...
01/30/06
I trade stocks to make up what I see as a shortfall in my pension plans. And I spend way too much time and money reading about how, why, and what. There is something going on in the semi and telecom supplier and communications industry. I've made a dollar very recently and so has the Calamos -
Just a little quickie blurb
01/29/06
The charts tell the story. The last Friday's big crash lasted as headline material for one day, and the end of life as we know it probably will come to pass, but it didn't happen last week. I stood pat and at 100% invested in stocks in my 401. Last week, and actually all of January wer -
When the green flag drops, the extraneous verbiage stops.
01/21/06
"If you keep thinking about what you want to do or what you hope will happen, you don't do it, and it won't happen."
-- Joe DiMaggio
I'm still not up to speed on the Web tools; I'm doing my regular weekend financial rituals, then doing -
SO THE MAIN THING IS, SEE....
01/16/06
Much of my website is given over to my 401a. No, not a 401k, a 401a. It is a multiemployer union participant run retirement plan rather than a company run plan. So if you belong to my union, you can watch me run my 401 with an open hand; cards face up on the table, posted once a week, unless -
Actually, this IS my first dance..
01/16/06
A coupla three weeks ago I decided to finally pull the trigger on my own website/blog. I ran my audio manufacturing business starting back in '83 with one of the earliest IBM PC"S, a PCII. It had an upgraded motherboard that would accept 256K memory rather than 64K like the old ones
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Monday night Kentucky windage...
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December