burrocrat
Well-known member
burros-ark 160424
burros-ark update: the ark got out lucky last monday for an ok gain on the trade, although that is longer than i’d typically like to see it in the market and we had to weather a bit of a down slide the first week there. still, approaching 10% on the year ain’t nuthin to shake a stick at. cougar is doing well and blowing away the pack of individual arkers by nearly double, that gal gots balls (or moxie i suppose is a better term if talking about balls makes you uncomfortable, in which case you might as well stop reading this week’s update right now, don’t say i didn’t warn you). After a rough start to the year all the way down to -15% which must’ve felt like a kick in the nuts to those who rode it all the way down, things have healed up nicely and all tsp funds and the arker average are out of the hole. a few arkers are still trailing the pack, but it’s a pretty tight spread and definitely doable. who knew investing was a full contact sport? you got to protect yourself out there and safeguard the family jewels, you might need them later. in the words of principal mcgee, “if you can’t be an athlete, be an athetlic supporter.”
View attachment 38024
burros-ark signal: hold. (confirm previous sell). there is an overall weak demand for holding equities among the ark members that is unusually persistent. that might be a contrarian indicator in normal times, but these ain’t normal times. oil weakness is smothering any big breakouts, there are murmurs of a giant chinese debt overhang, and it is an election year (or as they say in china, erection year). so if you are going to trade this market, you better be brassy and bold. hold. the chart is interesting in that all tsp funds and the arker average and burrocrat are all balled up and necked down in a tight 2-1/2% range, that is a damn narrow gap. something has to pop soon, but when and which way? who knows? let ‘er buck. hold.
View attachment 38025
burros-ark stuff: not much random stuff to talk about except for golf again. i am really enjoying it and we are just taking our sweet time and casually hitting balls at the range and trying to teach ourselves by trial and error and get comfortable with the new clubs and see what works. it is a little early in the year out here yet for what you would normally imagine as ‘golf weather’. i’ve been watching a lot of youtube instructional videos which is a bit abnormal, well not abnormal to watch the youtubes, just this particular subject matter. i think I might even buy myself a pair of shorts and a polo shirt, if nothing else i could blind my fellow golfers with my slim jims and be a lock to win. if you can’t laugh at yourself, who can you laugh at? sometimes when you hit the ball just right you can feel it and i let out an involuntary ‘oohhh, yeessss!’. my kid gets embarassed and says dad please don’t do that but i don’t care. if it feels good, do it i say.
burros-ark update: the ark got out lucky last monday for an ok gain on the trade, although that is longer than i’d typically like to see it in the market and we had to weather a bit of a down slide the first week there. still, approaching 10% on the year ain’t nuthin to shake a stick at. cougar is doing well and blowing away the pack of individual arkers by nearly double, that gal gots balls (or moxie i suppose is a better term if talking about balls makes you uncomfortable, in which case you might as well stop reading this week’s update right now, don’t say i didn’t warn you). After a rough start to the year all the way down to -15% which must’ve felt like a kick in the nuts to those who rode it all the way down, things have healed up nicely and all tsp funds and the arker average are out of the hole. a few arkers are still trailing the pack, but it’s a pretty tight spread and definitely doable. who knew investing was a full contact sport? you got to protect yourself out there and safeguard the family jewels, you might need them later. in the words of principal mcgee, “if you can’t be an athlete, be an athetlic supporter.”
View attachment 38024
burros-ark signal: hold. (confirm previous sell). there is an overall weak demand for holding equities among the ark members that is unusually persistent. that might be a contrarian indicator in normal times, but these ain’t normal times. oil weakness is smothering any big breakouts, there are murmurs of a giant chinese debt overhang, and it is an election year (or as they say in china, erection year). so if you are going to trade this market, you better be brassy and bold. hold. the chart is interesting in that all tsp funds and the arker average and burrocrat are all balled up and necked down in a tight 2-1/2% range, that is a damn narrow gap. something has to pop soon, but when and which way? who knows? let ‘er buck. hold.
View attachment 38025
burros-ark stuff: not much random stuff to talk about except for golf again. i am really enjoying it and we are just taking our sweet time and casually hitting balls at the range and trying to teach ourselves by trial and error and get comfortable with the new clubs and see what works. it is a little early in the year out here yet for what you would normally imagine as ‘golf weather’. i’ve been watching a lot of youtube instructional videos which is a bit abnormal, well not abnormal to watch the youtubes, just this particular subject matter. i think I might even buy myself a pair of shorts and a polo shirt, if nothing else i could blind my fellow golfers with my slim jims and be a lock to win. if you can’t laugh at yourself, who can you laugh at? sometimes when you hit the ball just right you can feel it and i let out an involuntary ‘oohhh, yeessss!’. my kid gets embarassed and says dad please don’t do that but i don’t care. if it feels good, do it i say.
