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Short Term Trading Weekend Lounge: 9-11 August, page-33

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    Team still labouring under the mid-week IQ downgrade, took a bit of paint off the garage that one.

    On reflection the lads reconciled the downgrade in the positive, state of global and domestic affairs being what they are lends weight to the old adage of ‘ignorance is bliss’, you don’t really want to be over thinking things in the present day with the expectation that common sense being any part of the many equations.

    Just heard Trumpie quote “not the gun that pulls the trigger but the sick mind” well maybe, matter of interpretation I guess but last time I ventured out the surrounds not exactly an advert for superior intellect any way you spin it, got a bit of the ‘would you let kids play with knives’ about it but maybe just the garage.

    A show of solidarity by the team in invoking the code of the garage and ‘vaulting’ the dastardly IQ number, all agreed if the girls got wind of the downgrade in this gender combative environment the outcome not to be imagined if sanity valued f… m.

    Talking of sanity or lack of to the markets, portfolio about 15% gold, 35% others & 50% cash.

    The cash % seems counterintuitive but given the liquidity and fear anomaly present love to have cash to short term trade to expectation.

    Good example of that was mid-week ASX dummy spit, had a look at garages ‘growth’ WL at 10.15am called emotional BS and team set 4 large buys at stupid prices, 2 got hit (PPS & DDR) which turned a potential red day into something more palatable.

    Au? RMS, EAR & BCN, team made phone call to someone more in tune with the vagrancies of the yellow metal (wouldn’t be hard) and asked about any Au plays if you were looking for a small position in Au that would mimic the LTR relationship with Li kinda sorta. She suggested I was an idiot which given the mid-week result hit the overly sensitive team out of proportion to intent but did forward DEG & BRB for team to ponder.

    Really like PBH & EOF amongst a few others, hound starting to accumulate the latter on weakness and we piloted PBH.

    Continue to accumulate AHF @ 13ish, emerging model market ignoring. CR price 12.
    Few other things going on, still open LON ffs.

    The lads had a sobering moment with the ‘subs’ during the week.

    Had them in and after dispersion back into the night highlighted by the glow of iPhone disappearing into distance daughter and 2 of her mates hung around. One of her mates has volunteered as a wildlife carer in her spare time and apparently had a tough experience.

    Baby possum found in bad way, little bloke hung on for week punching above his weight but to alleviate suffering on vet’s advice was euthanised, she was there living every minute in support.

    Had affected her and daughter wanted the garage to talk to her, the lads ever aware of the IQ downgrade hesitant to give any advice to anyone on any subject.

    Anyway, she opened up among friends and it all came out, timbre of voice and sob echoed innocence, compassion and empathy distressed by their very existence.

    The little bloke being an innocent soul himself recognised authenticity of spirit, came over in support resting bowser on her leg. The girls lost it in that gesture, the only one unaffected being frank the hardened strategy guy looking on from his pretend log in corner complaining about it all getting a bit ‘girlie’ and how about ‘lights out’ as fresh straw beckons on a cold evening ffs,

    Frank ignored and following gloves off discussion seemed to help to the extent the BH fielded a phone call from parents last night awarding brownie points on the garage’s behalf.

    The lads sensing a trade gathered for a strategy session this morning to get their human over the line in his upcoming ‘monthly’ tonight, frank being a realist suggested ‘well its gotta involve heaps of alcohol by the looks of ya so Coles run mandatory this arvo’, team onto it.

    this one wouldn't hurt I guess in the background, fit for purpose, a trades a trade and they seem to value stuff like that.

 
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