burros-ark 160327
burros-ark update: it’s been kind of a rough week that went a little backwards. there’s always new things to discover in the world, unfortunately about half of them can be unpleasant, but it’s always good to live to fight another day. a few arkers are hopping around, some in and some out, like bunnies in a garden looking for snacks. that reminds me of one of my favorite childhood stories, the tale of peter rabbit. i think the moral of the story is to not get caught, and try not to lose your clothes, and probably also listen to your mom. i wonder what she would say about this market?
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burros-ark signal: hold (confirm previous previous previous sell). the markets seem to have cooled off, sure there was lots of hope that we would break through and finally start climbing into the positive side of the returns picture, but the follow through was not there. many are still timid about getting stung earlier, the good news is not all being believed, and the first hint of bad news turns things on a dime. el vira and exposure are flashing caution.
hold. on the bright side, all arkers are beating the s- and i-funds, but less than half are beating g- and c-funds, and nobody is winning the f-fund performance. interestingly, the i-fund has been rangebound between the c- and s- all year, but finally broke out to the downside. this is negative in that it shows how all the equity funds, including the arker average which always has someone holding at least some equities, are now stratified. the further you get from a ‘safe’ equity position, whether that be a mixed allocation with some exposure - through large caps - to small caps - and then finally internationally, the heavier the basket of crap seems to get. i think too many folks got ahead of the market and ate too many jelly beans and now we are in for a tummy ache. poor little peter rabbit, running home naked and afraid.
hold.
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burros-ark stuff: holiday edition: this is not a good weekend around my house if you for whatever reason do not like pork. yesterday for a late breakfast i made my favorite dish, biscuits and gravy, it is pretty good but nothing special like you can get in a homestyle café. my routine goes something like this: packet of gravy with several pinches of flour, salt, pepper, mrs. dash, garlic and onion powder, milk, and butter, and water, get that to simmering and let it ride. country pork sausage fried up and all of it plus the drippings go into the gravy. more milk and flour to get it to thicken a bit and then let it stew. cook up a pound of good thick local meat shop cut smoked and peppered bacon, and put the bulk of the drippings into the gravy also. i love bacon. pilsbury pop and flop biscuits go into the oven. then fry the eggs over easy in the bacon greased pan. mmm, mmmm. full belly food coma sweat pants stuff, mmmm. and today we are having an easter ham. brown sugar and pineapple glazed, cut and scored with a whole clove stuck in the intersections for a bit of bite, let it cook low and slow. and the usual potatoes and gravy, stuffing, asparagus, rolls and real butter, with pumpkin pie and whipped cream for desert. i like to get the whip cream in the can and suck all the nitrous oxide out of it when nobody’s looking while i cook. Also, tomorrow is one of my favorite shopping days of the year, because all the leftover peeps are on sale for pennies a box. i get a dozen or so packages and let them sit stacked in the cupboard over the fridge for a few months. they don’t go bad, just get hard and crunchy, like beef jerky except made out of sugar and air. we live in a great, free country. free to pursue whatever family or religious traditions we may enjoy, but if you are at my place, this weekend we eat pork. happy easter all.