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What was the line in Gladiator, "..we who are about to die, salute you."
Over the course of the last five and a half months we've endured great hardship, much nailbiting, and both the scorn and accolades of our fellow players. With eleven trading days left, that means 10 folks remain firm, and 400 players double down on some penny stock to go "all in."
I think that's great, a fitting end to the discipline we've endured these past months.
I'm giggling, shouldn't the last "SLO Question of the Week" be "What Penny Stock Are You Going To Buy a Million Dollars Worth?"
I have no experience in penny stocks, likely this last session will complete my education on the subject.
For the well mannered disciplined investors - my thanks for your insights and commentary, I read lots of posts from self confessed contrarians, market mechanics, trust custodians, visionaries, priests, and dieties - and found good information or insight in all of your work. I didn't necessarily agree with everyone, and sometimes I read what not to do - but it's all part of our investment maturity, and it all had value.
I don't want to be a stockbroker, and I can't imagine what life as a stock trader must be like. I go to work each day roughly knowing what to expect - the thought that these poor souls don't have that luxury, is amazing. I envision it to be a secular world, with it's own secret handshakes and language - I want no part in it.
I got 11 more days of Wall Street - a controlled frenzy augmented by high octane Starbux coffee, fearful customers, and screaming fund managers. 10 actually - then a crazed bet on some snake oil company that got through the "spam" filter..
Retirement never sounded so good.
Best of luck to all of you.
KB
http://singlebarbed.com
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Comments (5)
Nice post Keith ,you have had a good run so was this year SocKeye caught up in Copper river.
The SLO contest was not for gunslingers ,I thought in was much different the the one ran last year on CNBC. That was a crap toss if ever I saw.
Were we not suppose to be running a fund ??? That is why it is so difficult to beat all the indexes. I too have often thought just how do they sleep at night. I too have learn what to do and what not to . Then the next week that all changes !!!! I am glad it was fun and not my real fund.
I hope Ken Kam will considering doing this again. Hey take a look at those pros int the real Strategy most of us are way up ove rthem.
That secular crack - I very much disliked the job that a knew every week what I was going to be paid. That was 22 yrs ago guess what I sort of back there today ??? I am very good at what I do but it is sort of quiet these days. I am Realtor knows I will need to help many out right after the "Christmas" season.
One thing I learned way back in Vietnam "there are no Atheist in a foxhole"
Hey Keith , I do like your web site-- retirement not for me ,I nevre use the R word. I love to learn fly fishing but caution I am always cutting a joke. by the way we still can tip a beer. Can you cool them down in one of those streams ?????
Cheers, DuffBeer
Posted by duffbeer | December 14, 2007 10:40 AM
Super Fly Guy,
I'm thinking about writing a BLOG entitled "THE Penny Stock I AM Going To Buy a Million Dollars Worth of". Do I need your Permission to infringe on your CopyRight. Maybe I'll start a NewsLetter devoted to
THAT Topical Tropical Dream. I would use
Moon Phases , Tarot cards, AutoMatic
Spirit Inspired HandWriting ( On THE WALL [street] ), etc..
IT's gonna Be SO Kool !!!!
DuffBeer - Open a Real Reversal R/ E company.
" Insure & Burn" - They'll beat a PATH to your door & your ( Shilled )Stock will sell like Hot Cakes. It'll be the very 1st subject of a RAVING GLOWING ReView in my NEW Touting Journal. I won't drink your Toxic Waste Beer, but I'll Carry Water for your new Venture.
Keith,
for an Adventure - fly fish for Golden Trout In West Virginia. They found a couple of Mutants- developed the Strain - & now Raise & Stock 'em. OutDoorsy but a little Fish-In-a-Barrel stream fishing. For me it's In-Seine.
Have a Merry Christmas & a Happy, Healthy & Prosperous New Year.
Don L. Ferk
PS - I think I will "help" DuffBeer with some of my own Fishing TIPS ( but not Pole Tips - whatever a fishing Pole IS ).
Posted by don ferk | December 15, 2007 12:04 AM
TEN Days ?!?! - 6 days on the road & i'm going to make it home 2 Nite.
I thought the 10 stood for the Binary Bits of a Computer Guy. One's & Zeroes. The Duality ON-OFF Universe - the UPS & Downs - the Plussses & Minusess,etc. Good & Evil. Right & Wrong.
Beau Derrick is a 10 - you haven't got the "LEGS' for that job.
I strongly suspect that you are more High-Concept than you let on to.
Don Lee Ferk
Posted by don ferk | December 19, 2007 5:52 PM
Keith,
a 'GLAD' is a short Roman double-edged stabbing sword to used between shields from the Tightly packed Roman Legion Formations.
The Flower - Gladiola - is named from the Latin for Short-sword.
The name Gladys is actually from the Welsh meaning 'Country' from the Welsh word Gwlad
The Viking swords were longer than GLADs - and the Big Daddy of them all - a Round-house SWINGING Sword was the Scots' CLAYmore.
I just heard Jeff FoxWorthy say, " If you are too DRUNK to even 'Fish' -- you just MIGHT be a RedNeck".
Why don't you get DuffBeer a Ron POPEil Pocket fishing ( Ok, Ok - ) ROD ( a 'Folder' ) & take him out to a Duffer Course Duck Pond & show him how to 'Fish' after a long-Tall-Kool-One
( or 3 or MORE ) at Watering Hole #19.
Don Lee Ferk
Posted by don ferk | January 11, 2008 1:03 AM
Fillmore East - June 1971
The Mud Shark
August 1971, 5:22 min.
1001 Motels & ABSsoluteLEE Kah-Razeeeeey
--------------------------------------------------------------------------------
Frank Zappa (guitar, dialog)
Mark Volman (lead vocals, dialog)
Howard Kaylan (lead vocals, dialog)
Ian Underwood (woodwinds, keyboards, vocals)
Aynsley Dunbar (drums)
Jim Pons (bass, vocals, dialog)
Bob Harris (keyboards, vocals)
Don Preston (mini-moog)
Mud Sh-sh-shark
THE MUD SHARK DANCING LESSON!
Mud Sh-sh-shark
We're gonna do a little dancing,
A little dancing thing called the Mud Shark
Now, this dance started up in Seattle
Lemme tell you 'bout the Mud Shark...
The origins of the Mud Shark are as follows: There's a motel in Seattle, Washington called the Edgewater Inn. The Edgewater Inn's built on a pier.. so that means that when you look out your window you don't see any dirt -- it's got a bay or something out in your backyard,,, And to make it even more interesting, in the lobby of the aforementioned motel there's a bait and tackle shop where the residents can go down whenever they want to, and rent a fishing pole and some preserved minnows and schlep back up to their rooms, open the window, stick their little pole outside and within a few minutes actually catch a fish of some sort that they can bring into their motel room and do whatever they want with it... you know what I mean? Now in this bay there's quite a variety of ah... fish! Not only do they have mud sharks up there, they got little octopusses that you can catch. And all these denizens of the deep can come in real handy... Let's say you were a travelling Rock and Roll band called the Vanilla Fudge. Let's say one night you checked into the Edgewater Inn Motel with a 8mm movie camera, enough money to rent a pole, and just to make it more interesting -- a succulent young lady (Mnaaaah!) with a taste for the bizarre... My mind drifts back to a meeting, a chance meeting in the Chicago O'Hare Airport where the members of the Vanilla Fudge told Don Preston about a home movie they made at the Edgewater Inn with a Mud Shark. I'm gonna tell you, this dance, the Mud Shark, is sweeping the ocean!...
Out
You go out
So far out
You do the Mud Shark. baby ... etc
Posted by don ferk | January 22, 2008 11:51 AM