Markets? They are a mess. Even if some kind of Central Bank action comes (that's how it's done since 2009, it's all them) it will take time for stocks to base out correctly for my kind of swing trading. As such, I will be very busy with new job starting the 29th so I will be limited in what I can do for a while.
This last week I took losses on some positions I tried out. I really thought things would settle out Monday or Tuesday at the latest. It did not happen. Lost -3.9% on SAM and -3.2% on AVNR. Still holding STKL and POWL but want to clear the books tomorrow.
Josh Brown wrote what I believe to be an important piece yesterday that should be your Sunday night reading if you have not done so:
An All-Time Low
It is a meaningful post in may ways, though I fear the "trader" types will walk away thinking no more than "this is the bottom! WOOT!" which is a waste of the effort. Have a long post in mind on that topic, believe it.
The 10 Most Bad Ass Cars Real or Imagined
Without doing my usual homework on Sunday night due to wild market, I thought a fun post would work.
Below are what I believe to be the 10 most bad ass cars of all time. Some are real cars that were made and some are from the imagination put into cinema. Let me know yours in the comments section.
10. Ferrari F355 Berlinetta (REAL)
This car came out in 1994 and I was in love. Check the link above for all the particulars but the engineering behind this one was sublime. Take the 5 valve per piston cylinder heads for fire raging free breathing:
Here is the actual car in all it's glory:
In 1997 the car line got the F-1 steering wheel mounted paddle transmission so it was even more like a race car.
9. The Wraith (An imaginary car, was a Dodge M4S Turbo Interceptor)
Now what could be better than a car from the spirit world that allows you to take revenge against the men who killed you, one by one? probably not much and this car was dark and brooding:
An under rated film.
8. 1969/1970 Plymouth GTX (REAL)
I have to admit, this may be my most beloved muscle car. Loaded with a 426 Hemi and classic lines that make me sweat, this car just screams amazing:
Someday I WILL have one of these, Guaranteed.
7. 1963 Corvette Split Window Coupe (REAL)
Maybe the sexiest car ever to roll off a production line, I cannot say much, the pictures tell the story:
Unreal.
6. Time Travel DeLorean (Imaginary)
A flux capacitor, a little plutonium, and time travel is at hand! What's not to like?:
5. 1983 Dodge Ramcharger Truck (REAL/and some Imagination)
In the film "Lone Wolf McQuade" Chuck Norris plays a Texas Ranger with a supercharged Dodge truck. After being buried underground with the truck, McQuade fires her up, and well, see for yourself:
Longer version here. Total badass.
4. 1987 Buick GNX (REAL)
How can a Buick make the list? Simple, the Grand National came out in 1982 and the GNX in 1987 was easily one of the most fearsome looking cars of all time. I saw many of these growing up and they were always a showstopper. From Wiki, check it out:
Buick underrated the GNX at 276 hp (206 kW) and a very substantial 360 lb·ft (488 N·m) of torque. This was created to be the "Grand National to end all Grand Nationals." Changes made included a special Garrett T-3 turbocharger with a ceramic-impeller blowing through a more efficient and significantly larger capacity intercooler with a "CERMATEL (Ceramic/Aluminum) coated" pipe connecting the intercooler to the engine. A GNX specific EEPROM, low-restriction exhaust with dual mufflers, reprogrammed Turbo Hydramatic 200-4R transmission with a custom torque converter and transmission cooler, and unique differential cover/panhard bar included more of the performance modifications.NICE! Some pictures:
3. 1955 Chevy Bel Air Coupe (REAL)
Before the well know 1957's came out, the 1955 coupe was a tight package of dynamite. Of course the modified versions are the hot cars and with an engine bay that could accept about any engine, this car is a tuners dream come true. Sexy beast:
Big block in that thing baby.
2. Maximum Overdrive Truck (Imaginary...or is it?)
So a comet passes Earth and imbues machines with thought. Silly I know, but what if? Here is the creepy truck
1. 1958 Plymouth Fury "Christine" (REAL car, imaginary powers)
A sick as all get out car, imbued with preternatural powers! I mean, it HAS to be number 1! See Christine in action:
So bad it's good.
Have a good night.
77 comments:
#1: Aston Martin DB5 (1963)
I had a metal die-cast version with working ejector seat, popout machine guns, popup bullet shield, popout tire slashers, and flipping license plates as a kid.
I therefore might be a bit biased. ;)
1968 Corvette, red with a t-top, leather seats, 427 engine with a dual-quad carburetor, chrome sidepipes.
My dad had one of those. It was one hell of a car. One day, he asked me, "Son, do you want to take the Corvette down to the station and fill it with gas?" Sure, Dad.
The station was only about a half mile away, but I of course went to the beach, 100 miles away. I just had to get that car out on the open road. Seriously, what do you think is going to happen when you put a 16 year old behind the wheel of a car like that?
My father had forgotten that I had my own credit card. So I went for a cruise. Driving down South Padre boulevard, I'm telling you, you wouldn't believe how many girls I picked up.
I got back about 9 hours later. My father was standing in the exact same place as he was when I left. He went over that car like a crime scene investigator. But, hey, I'd had it cleaned and filled the tank. I'm not that stupid.
He never let me drive that car again.
Mad Max Interceptor
http://tinyurl.com/7abytfd
I see that Facebook's IPO is still plummeting, just as I predicted.
But enough of that. If there is still Friday Night Entertainment, I recommend Collective Soul, live acoustic version of Shine.
http://www.youtube.com/watch?v=L7eX4ECmduU&feature=related
I notice that now the lawsuits are flying over the Facebook IPO.
This is the way it goes with sellers. They always overprice their product. In my case, with repos, I do the research, find the house and write a price opinion. I'm usually right within 5% +/- of the actual sales price. But the seller, some asset manager at a large corporation, who doesn't even know where the house is, lists it at $20,000 over market value. That way when he or she gets an offer, he or she can pretend to come down and the buyer thinks he or she is getting a deal.
The actual sales price is the market value, what someone is willing to pay for it, which is more often than not within 5% +/- my price opinion.
This is what I don't get about sellers. They all think their property is worth more than it really is. Then it's price reduction after price reduction, until it finally sells, at around the price I recommended.
So I do all this work, spend all this money, find this house, write this price opinion, only to have the seller overvalue the house and finally come to reason and settle for the price I recommended? This is my life.
And now the lawyers are involved. It's not like I didn't see that coming. But what can you do?
Well, you can protect your money. Give an honest price opinion and hope for the best. That's about it.
Say Happy Birthday, Gawain's Ghost.
I think someone's fishing for a 1970s musical tribute. ;)
Baby Come Back
In all seriousness, I hope all is well.
Hey all!
I am fine, just really busy with new job and trying to stay focused on that. Markets are a mess anyway and today's run just shows how dependent on central bank action everyone is. Whole thing is discouraging to say the least. Anyways, happy with the new gig, maybe I can get a post out this weekend.
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