Strategy Session
The markets were dropping today when the bad jobs number came out. Even expectations that were lowered were missed. You know the story big picture by now.
My post on my short strategy (Short Takes) is getting closer to being triggered. What I wrote on 5/23:
The new market eats bearish ideas for breakfast and it will take the 1280 level for me to put this trade on. If I do make the move I will leave it until the S&P is around the target area of 1180, the FED starts trial balloons for QE 3.0, or a rebound happens up to 1360 again. This is not a quick move but a placed bet on an outcome I think will have to a happen. It would not surprise me too much to be way wrong here, but this is the play I have in mind going forward.The first stop had to be S&P 500 going under 1307, and it did that today. My trigger remains 1280 and in this updated chart you can see where that is (still a ways away, this could be a head fake for a move back up to the top of the channel around 1360!). It is always good to keep a plan in place (click for larger view):
Enough stuff, on to the other stuff.
Friday Night Entertainment
What will we see tonight?
Captured Critter
So the deer that has been eating all the birdfood from the feeder keeps coming back, right around 8:20pm. My motion activated camera caught him a bunch more times, but one picture caught something else!!! The time stamp is right, but the dates are still messed up. This was two nights ago, see if you can spot the other critter (click for larger view):
Right above the rump of the deer you can see another pair of eyes! I cannot blow up the picture (clicking will make it bigger) because the camera software won't work with my computer. In any case, it seems like a coyote or fox, but it's hard to tell. I reset the camera today. Maybe we will catch more critters!
Funny Pictures and Stuff
This is so wrong I knew I was going to post it:
see more Historic LOL
NICE.
If my dog had courage he would do this to the cat:
see more Lolcats and funny pictures, and check out our Socially Awkward Penguin lolz!
But he does not.
Random Clips
Some stuff to watch.
Scotty Nguyen wins the 1998 WSOP Main Event and at the 3:10 mark he baits the guy to call his lock hand saying "You call, gonna be all over, baby!":
Thomas Hearns KO's undefeated James Shuler in round 1 for the NABF Middleweight title. Sadly Shuler, who had escaped death by not being on a boxing team flight that crashed in 1980, would die after this fight when he crashed his motorcycle. Thomas Hearns, always the greatest class boxing had, attended the funeral and layed the NABF title belt with Shuler at the burial:
Films?
Readers know that while Sean Penn is an annoying celeb, I consider him the finest actor of this era. His work in Mystic River is legend. One early Penn film, "Bad Boys", was an indication how powerful an actor Penn would be. This movie even has Clancy Brown, who would play The Kurgan in "Highlander". Check out the soda can work (note: very brutal!!!):
An all time classic, Snake Plissken gets a job offer in "Escape from New York":
HE ROBBED A FEDERAL RESERVE!!!! Too funny.
Trust me, see the film "Laurel Canyon", you wont' be disappointed:
Hee hee.
Rock Blogging
Moving the sound goalposts, one tune at a time, since 2007.
My man Watchtower caught this insane Red Hot Chili Peppers video at Slane Castle, must see this performance of "Zephyr":
I loved that, thanks.
Reader Gawains (who owes me a report on Texas real estate, lol) was looking for "Stone Blue" by Foghat:
I likey.
For The Idiot, a little "Paranoid Android" live from Radiohead:
Good one.
Going live I guess! How about Depeche Mode in Cologne with "Enjoy the Silence":
Ok, two songs left.
When Courtney Love was somewhat normal she could make tunes like "Doll Parts":
Unreal tune. The ending is so hard, but pretty. I know, makes no sense.
Last call! Grab a girl and a beer, or just a beer!
Lets close with Motley Crue's masterpiece, "Wild Side":
Love that one.
Have a good night.
This is why I love Friday Night Vids, I had forgotten 'Doll Parts' by Hole, that will be downloaded and on my MP3 before bedtime.
ReplyDeleteHoly cow do you live by a nature preserve or something?
Deer, fishers, and possibly a coyote or fox?
I hope the cat is kept inside, lol.
Both the pug and cat are indoors, except for walking the dog! We have huge hawks as well, no little ones out after dark around here. Just 30 miles north or Boston, weird, yes?
ReplyDeleteI so love that doll parts song, unreal.
Oh and I do so love Friday night posts too!
ReplyDeleteNice lineup last night, GYC.
ReplyDeleteI remember Hitman Hearns. He was an excellent boxer, had that long reach and punishing jab, and he was a class act. I'll never forget when he took on Marvelous Marvin Haggler for the middle weight title. Now that was a fight.
I'm glad you liked the Foghat. They were quite the band back in the day, made it big when their album Fool for the City came out. The title track, "Slow Ride" and "Stone Blue" were mega-hits. And Foghat Live is one of the best live albums of the era.
Did you know they were from London? Yeah, they were part of the second wave of the British invasion, along with bands like the Who, Led Zeppelin, Queen, Black Sabbath, David Bowie, and Dire Straits, the Irish invasion which included bands like Thin Lizzy, Nazareth, and later U2, and the Australian invasion led by AC/DC.
I find it fascinating how these guys from the other side of the pond could so perfectly capture what is essentially an American form of music and improve on it. They were heavily influenced by pioneers like Chuck Berry, Muddy Waters, of course Elvis, the Everly Brothers, Buddy Holly, but it was when Jimi Hendrix toured London that everything changed. He blew Pete Townsend's mind.
Not that there weren't some great American bands at the time, like Credence Clearwater Revival, Grand Funk Railroad, Kiss, Alice Cooper, Tom Petty, George Thoroughgood, and Lynyrd Skynyrd. Steely Dan was also prominent, but they didn't tour.
Sadly, rock and roll is dead today. It was a zeitgeist of limited duration, say from 1965 to 1980. During those fifteen years, all the best bands recorded their best music. Then it all fizzled when MTV was launched.
There were some good bands in the 80s, a few in the 90s, but in the 00s, all the real talent is in country. Lady Antebellum is excellent.
By the way, GYC, check out this new video by Free Reign.
ReplyDeletehttp://www.youtube.com/watch?v=ihacN3mh098
Hard to believe that a group composed of Cowboys linemen could form a metal band, eh?
Oh, and speaking of great American bands, one of those who tranformed the music scene, did you know that three of the founding members of Alice Cooper were track stars at a high school in Arizona?
ReplyDeleteYeah, one year for the talent show they put mops on their heads, air guitared and lip synched a rock and roll band. They had so much fun they taught themselves to play instruments and formed a real band.
It was an ongoing joke in the early days at the LA club scene. People would pay good money for tickets to see Alice Cooper, fill the venue, then walk out before the second song was over. Until Frank Zappa discovered them and produced their first album.
Alice was one of the pioneers of glam rock in the US, along with Bowie and T. Rex in the UK.
http://www.youtube.com/watch?v=86-XrU8sh60
They broke up because Alice wanted to take a more theatrical approach, but the musicians wanted to maintain their rock and roll roots. The result was Welcome to my Nightmare, which is a phenomenal album.
Oh, and just to correct an earlier comment, the three members of ZZ Top were indeed all born in Texas. They had moved to New York to cover the blues scene, but then later moved back to Houston and formed that Little Ol' Band from Texas.
Great stuff Gawains! Loved all the videos.
ReplyDeleteGawains you are the man, I thoroughly enjoy reading your comments on the old school bands.
ReplyDeleteI know you didn't see Led Zepplin back in the day, but if I had a time machine I'd send your ass back there just so I could get your take on them!
Gawains, that is of course if you wanted to go back to that time, and frankly who the hell wouldn't (at least for awhile)?
ReplyDeleteWhen I was young I remember those bands that Gawains spoke of being played on my little transistor radio and in dad's car.
Instead of Lady GaGa or Britney Spears, you could actually hear Foghat's Fool For The City, or CCR's Run Through The Jungle.
Can you imagine that, instead of some prepackaged shit where everyone is beautiful with perfect teeth, you had real people making real music.
Oh hells yes I would go back.
Well, Watchtower, the old saying goes, if you remember the 70s, you weren't there.
ReplyDeleteOne band, among several, I left off the above list is Bad Company. Their first two albums were superb. In fact, I'm going to make my request for Friday Night Entertainment early. Bad Company, "Shooting Star."
By the way, the copyright to this article is owned by Good Guy. What Is Forex Trading And Why Should I care? Two riveting performance by two giants of the screen.) But if money can only be created out of loans, how can society ever be
ReplyDelete