Spending Addiction? America? (With a nod to the late Leslie Nielsen) “Shirley you jest.” (And don’t call me Shirley!)
Although I got up at 3 AM today, to work on a computational finance idea (Peoplenomics, next Wed.), a good portion of the early hours was pissed away looking at Dueling Black Friday sales.
Among the tantalizing, there’s the Walmart sales. A 50-inch UHD TV (Roku) for $148 and change? Who would have imagined. And there’s the Amazon sale coming soonly, as well.
Not only that, but one of my favorite hobbies (although I haven’t written on my 3D printing, CNC and laser-cutting site –here– for several years now) is 3D and CNC design. Which explains why a 15-minute block of brain clicks was spent looking at the Nov. 10 – Nov. 30 Creality.com deals.
The biggest problem most people have in life, once you get to your 60s and 70s is that (barring Alzheimer’s) you will have a lot more interests than you have time to pursue excellence in any of your faves.
Don’t know if you got that out of our ShopTalk Sunday series, or not, but yes, I like doing construction projects. Like the patio with wood stove we did. (By the way, as soon as the project was done, here come the rains…) But there’s the odd 3D idea and build, occasional ham radio projects, there’s all the woodworking gear in the shop. And then I love to cook. And share.
Which explains why Elaine and I were putting together some inexpensive “under bed storage” rollouts Thursday. And why a new panini press is waiting to be trialed. And why there’s a 12-pod hydroponic unit going into the greenhouse, and this was after most of the day was spend futzing with the Chinese diesel heater fuel line replacement…
But, follow me here: At some point your life gets so bloody complicated that you simply don’t have the time to “live the life you built.”
Do we still enjoy the “hot adult afternoons” now and then? Sure. But, instead, I have to make a run to town to get a load of diesel fuel. And then, there’s the column for tomorrow. And what about putting on the pot roast? How about Elaine’s herd of feral cats? Who will remember to plug in the pet warmer pad for them?
Toss in remembering to order this year’s TurboTax and cleaning and detailing for a house guest due in (gulp!) 12-days…and you can see the reason for daily schedules for both of us.
Last thing we need is Black Friday crap. But don’tcha love it?
I don’t need 20-HF ham radio sets (seriously?) because the parts of the hobby I enjoy most all take enough time on their own. Fixing classic tube-type gear, high speed Morse, BS’ing with the 3806 crowd…and now the upcoming Linear Capacitor Off Center Fed Dipole design/build.
Is Storage Hoarding?
I have to imagine that Gigaparts and Ham Radio Outlet and the RW Antenna Store will all be along with their deals, too. Recently, reader Hank suggested that I sell all my ham gear and buy ONE perfect radio. Admit that an Icom 7851 would be nice, but they’re running about $13,000 and change.
See it? This is what I call the “Hunter’s Paradox.” You can have ONE seriously high-end long gun. OR you can have a Mouser, a Remington, a Winchester (guns, radios, outboards, boats, cars…all the same disease, see?). In the end, the game is just as dead with an old Marlin, and the Morse code contact is the same whether with the high-end Icom or a 60-year-old Johnson and a Drake receiver… Yeah, confusing world.
Same thing in the kitchen, though, when I ask Elaine “Why do we have 9-wire whisks?” I try to ask on really hot days because the icy stares can be useful.
The real Breakthrough, though, has been realizing I need to hold every object in the shop and the office (I’ll deal with the kitchen some other time) and ask of each item: “How will you serve me before I die?” When you’re 40 you can bullshit yourself, but when inside the (statistically likely) 20-year finishing line window, you really can throw crap out.
Do we NEED Black Friday sales events? Nope. Just encourages over consumption (poster child raises his hand in a sign of confession). And that, in turn carries over into government and thence into finance. It’s the craziest locked-loop behaviors imaginable.
But if you see someone in the shop asking his complete set of stsar drive screwdrivers “How will your serve me?” That’s what’s going on. (Or, the fellow has simply gone daft after making a breakthrough in how to make money and realizing that the biggest curse in the world MAY be being able to “afford it all.” But where’s it all going to go? (Shakes head, sips tea.) “When are you going to USE it all?”
There is that… (with a nod to John Malkovich.)
Markets: Freefall Week?
Now we come to the breakthrough part of getting up at 3 AM – most of which will be saved for Peoplenomics next week. But there’s massive wisdom, turns out, in our DMA-X (daily moving average-crossings) data. Which in the preopen today, looked like so:
Which – as you will see – says contrary to what was spewed *bull* by the Bitcoin Nazi we actually started down in this view of things and the rally this morning at the open will be followed by an interesting short entry for Ure who thinks (but never offers financial advice!) that his get-rich quick playing alongside The House will make him fabulously wealthy just in time to die in a few years. I know, of all the luck, huh?
Oh well. That does bring up the Death and Dying meme, though and that gets me to thinking about?
A WW3 Progress Check
Once we have a rough idea of the short-term future (stocks higher into the close, collapse down next week) the next timeframe is What’s after that? See the comments section and G.A. Stewart’s dandy remarks Thursday because poop-in-group times are past and the world’s headed into the fan.
Of course, a skeptic could question all this “future fitting” going on around here, so let’s take a look at the morning’s…
“Ure Honor, the world is batshit crazy. Please notice…”
Syria is starting to light up (making the 1500 mile front a little clearer to those who can’t see it, yet): US bases on fire: US attacked with Iranian ballistic missiles and drones in Syria & Iraq – bombing F-15s.
The pain in Ukraine is out of its lane: Ukrainians threw in the white towel: Russians on the outskirts of Avdivka – Russian armies converged on the “flanks” of the city causing chaos & carnage of dead.
We also expect any old day now that Turkey will tell the EU to piss off, particularly if the Swedes get in. Which will drive Turkey to the Iran/Russia column… What is driving Turkey’s Erdogan pro-Hamas, fiery Israel criticism? – Al-Monitor. All while he’s planning some internal housecleaning (Erdogan blasts Turkey’s top court, backs probe into judges) and taunting America’s stumbler-in-chief: Turkey’s Erdogan, on Israel-Hamas war, says West is ‘too weak to even call for a cease-fire’. Doesn’t he know the neocons hold Slow’s strings?
Lemme see down to Lebanon and Hezbollah next: Where we gate to ask, but is making a body count tantamount to setting a count-down timer? Hezbollah Says It Has Lost 70 Fighters Since Start of War (wsj.com)
In Gaza, a lucky few are getting out as Palestinians flee north Gaza during window for safe passage.
And down at the south end of the front? Egypt’s Sisi and Qatar’s Tamim discuss efforts to achieve ceasefire in Gaza – Foreign Affairs – Egypt – Ahram Online
And one political correctness note: since Georgia (the country, not state) is in play in the neocon’s losing chess game (that leads to WW3 becoming undeniably obvo): Ukraine designates prominent Georgian winemakers as ‘international sponsors of war’.
We will see how the weekend rolls, but not a good time to be long markets, because of a spread between moving averages in our data and THAT we’ll get into next week on the subscriber side. Which could be worth 20-years of $40 bucks a year all by itself… we’ll see…
Elsewise and Otherly
Watch Bitcoin. $37,218 at press time, but very close to a .618 retracement from all-time highs. Looks to us like the prospects of more “greater fools” is pushing things: Institutions Rush for Bitcoin as CME Group Flips Binance for BTC Futures Contracts (thecryptobasic.com).
Passings: Astronaut who led humanity’s first mission around the Moon dead at 95. Frank Borman’s accomplishments came at a time when America still had big goals and hadn’t gone stupid.
Toss a green star for the morning at the Metro for US Air Force officer goes public with terrifying UFO encounter.
Spinning Nancy: David DePape, man accused of attacking Nancy Pelosi’s husband with a hammer, was ‘caught up in conspiracies’ about the wealthy elite, but had ‘no intention of harming’ the 82-year-old, defense says | Daily Mail Online
An article in the Washington Examiner waltzes around a point we made about people not liking government making personal decisions for citz’s of a supposedly free country. On abortion, GOP must recognize people don’t like bans on anything.
Best thing the GOP could do, in our modest (yet nearly infallible) view is toss the name “republican” and rebrand as the Freedom Party. (That may still be too hard for Dumbocrats to grok, but it moves the lingo war along…)
Around the Ranch: Pot Roast
We’re going to play house now and put on the pot roast. I figure the opening of today’s column was enough of a snapshot into financial dementia.
Dollar is down, gold should turn up and it will take more ducats to buy an index, making it LOOK like a rally. Maybe, but likely not. Go read the Economic Fractalist’s similar outlook to ours in the Comments section from Thursday.
Write when you get rich,