While many of you were going about your daily business and a few of you looked quickly at the stock market and once again saw gloom and doom many market watchers were in more stress then normal.
It was not just that the market had once again lost 500+ points. It was that THOSE 500 points were way way more meaning full then the normal 500 point loss. For chart watchers it was testing day and VERY important.
DOW and other indices were testing multi year lows. It was going to be a classic re-test. Stay above the previous low and it shows that we have hit the bottom and are about to bounce up. Stay below and it is very bad news indeed. At stake are faith and confidence of the people that have all the money.
This month the bottom has been tested once already and we bounced off the bottom. As the market raced downward yesterday all eyes were on the bottom. 8176 was so fragile. At one point the market was at 7965. $4 trillion are on the sidelines in money markets, when would the doors open.
A little after 1:00 our time the door opened and the market zoomed from 7965 to 8835 in two hours. The low had been tested and once again had bounced. This is very good news and this is what happens in a bottoming process. We're not out of the woods yet but to me it looks like all the scared money is out of the market.
I'm posting this photo not because it has me in it (which is always a bonus) but more because this is an outstanding photo of the 1933 Graham that I had the honor to . . . . stand next to for 16 hours a day for 5 days.
Thanks Scott for sharing this. It's a regal car - the ultimate gangstermobile.
I post the next photo because this is the big devil cat that keeps us up at night.
This is THE BIG DEVIL CAT
And this is the Nice Kitten - the good girl.
I read in he paper about a woman that was having trouble with her cat meowing all night wanting to go outside. The response was to "play with your cat more" and do not let your cat go outside because ALL cats are now domesticated and would die within hours of being outside (well . . . that's what they try to tell you).
I find this offensive as the person clearly does not know squat about cats.
I bring this up because Milo has learned how to get what he wants and if it was not ME it would be more funnier.
When Milo decides he wants to go out this is what he will do.
First he will jump onto the bed as close to my head as possible, all 11 pounds of muscle (not much fat on him). He will then STOMP across the pillows until he reaches DJ's bed stand. Upon arriving at said bed stand he will attempt to climb the wall and meow. With no response he will then proceed to knock random loose objects off the stand, clunk . . . clunk . . .clunk.
About this time Blake, who was soundly sleeping beside the bed will let out a grown (he really does) . We ignore Milo and he jumps down and meows next to the sliding door for a while and walks back and forth making the blinds rattle against the window. Each meow getting more and more pathetic sounding.
Then if we STILL show no interest he will walk into the master bathroom, jump up onto the counter and knock a few things off. Nothing? OK, he calls in the drastic measure. He jumps into the bathtub where the meow-coustics are awesome and will start singing at the top of his lungs.
BUT - if we are smart that particular night we will close the bathroom door (which worries Blake for some reason). Ahhh - but he has another trick up his sleeve. Milo then will go to the laundry room which is nearby, jump onto the washer and jump to the top of the cabinets. He is near the ceiling now and will meow a few times tryign to get the right echo effect and then BAM!! He will jump onto the metal dryer with all his force he can muster. Like an 11 pound bowling ball in metal.
Blake will then get up, shake his head making his collar jingle like Santa has just landed in your bedroom and then grunting and gowning crawl under the bed**.
Then Milo will go back to the beginning and start all over.
So we let him out at night.
**funny thing about Black under the bed. When we first got him he would crawl under the bed to sleep and every time he would wake up. BUMP!! he would hit his head. We thought if this kept up he would be brain damaged but he learned after 100 bumps.
Here is Milo last night not happy with the rain.
On this day in 1851 Moby Dick was published. It was a flop. The author, Herman Melville, had written five other books before Moby. Romantic adventure's in Polynesia. Moby was a financial disappointment and Melville went on to write short stories but it was not paying the bills so he returned to New York to work as a customs inspector and the literally world forgot about him. He died in 1891.
In the early 1920's Moby Dick was rediscovered by scholars and Moby Dick would become a staple of high school reading lists across the United States.
On this day in 1882 Billy the Kid was shot dead in Tombstone by Franklin "Buckskin" Leslie a cold blooded killer (It is assumed he killed John Ringo . . remember that song?) .
Billy The Kid Clairborn was a friend of John Ringo and decided to kill Buckskin Leslie in public in order to perhaps gain some notoriety along with vengeance. Bad idea. The classic duel ended Billy's life.
Buckskin had already murdered Mike Killeen in a fight over Killeen wife. The unnamed wife must have liked the bad boys and married Buckskin a short time later. Who knew the marriage would not work out and after divorced said wife he took up with a Tombstone prostitute who he murdered a few years later.
WELL - this seem unacceptable, killing an unarmed woman and he spent 10 years behind bars for those act. He was released and married again and made a small fortune in the gold fields of the Klondike region before he disappeared forever from the historical record.
Good news for the Ozone layer - The US has reduced it's output of ozone-damaging junk by 97% since the 1980's. NASA scientist say that a full recovery of the Ozone layer may not occur until at least 2050 and maybe not until 2070 over the polar regions.
WAL-MART - Always Low Prices! Unless you have a Wal-Mart credit card in Mexico. The annual interest rate on a Wal-Mart CC is 69.6% . I see nothing wrong with that!!! LOL
have a great weekend