Wife received "Smokehouse Ham, Spoon Bread, & Scuppernong Wine" by Joseph E. Dabney which I immediately absconded with.
What a wonderful book. So many memories brought back.
Nearly every time I think my memories of the South of my youth are nothing more than rose tinted nonsense I meet some old timer. They remind me that my memories are true. Just that the white trash appear to have taken over for now.
Anyhow, I made the sweet potato biscuits (pg. 122) for my wife and daughter. Needless to say they were a hit. Just lovely.
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Sunday, December 27, 2009
Sunday, November 15, 2009
Another interesting tidbit on gold
From the Kitco BB (Text in blue is the poster's response):
The market is currently producing daily swings of 1-2% and having weekly swings of 3-5%. As the bull progresses further, we may start to see 3-5% daily swings and 8-12% weekly swings. When the gold bull is near toping out, I suspect to see daily swings of 8-12% ($100+)."
Market had a large jump at 2300 GMT to 1125+ and sideways since then.
=====
Hit 1130+ briefly.
I'm pretty happy with copper (pcu) but that low volume makes me think a top is near.
In an update to the linked thread above:
"
yes I think this is b of (ii) still with c of (ii) down startng soon.
There is a significant pocket of resistance between 1027 and 1033 [Ed. he meant 1127 and 1133], not likely to be taken out on the first try, or even second try, but 3rd time should breach it for sure.
Pog still plenty bullish above 1084.
FYI: EW rules state that waves 2,4,B,X,XX,W,Y,Z,ZZ cannot be 5 wave impulses. They must be 3 wave corrections of some form (A 5 wave sideways triangle is considered a correction, not an impulse). So this move up from friday, so far does not look impulsive to me yet, it looks like a double zig-zag. However, if Pog stays above 1116 and goes to 1130 -1133 before monday is done, then we may have our impulse, so get in quick on the next higher-low, for the possible moon-shot. A fall below 1110 into monday early will kill this view, and suggest a day or two of more corrective behavior, perhaps the wash-out to 108x.
we'll see....
silver, should remain in the triangle presented earlier if POS stays below 17.80, and then correct down with gold into wave C target 16.40 - 16.70. Any move below 16.10 brings much more bearishness.
There is some firm support for crude between 75 and 75.75. I will be looking for a 4 turn bottom."
"Quote:
| Originally Posted by showtime What is the odds that c of (ii) ended already at 1101 and we are already in (iii) of {iii} of 3? It could but not my preference Could the mkt be that strong, that the (ii) correction was just 36 hours? hmmm doubt it, it would be healthier for the bull to relax just a bit more, IMHO, DYODD. If you are short would you say you better cover with a stop around 1128 or would you say your opinion would still be stop at 1123 or so? mine is just above 1123. But if you have that kind of risk tolerance, then a short stop above 1128 could still be profitable Where is the highest b of (ii) could go before its no longer valid? I would say that above 1138 would lead to a greater break-out into (iii), proving a very small correction for (ii) did in fact occur. You have said in the past, if the mkt goes over 1135, get long as fast as you can? Is this still your opinion? oh yeah! there is a very prominante multi-year channel line just above us now at 1132, a 1/2%+ ($6.00) breach or 4hr close above this level, would likely indicate that we are into mania, the majority of buyers do not care about technicals, they just want thier gold and want it now, at any price. A pure emotional response to the market, another signature of the 'point of recognition'. My concern on the (iii) of {iii} of 3 is the mkt never lets people get in easy. Its either going to be a big shakeout that will get many longs to exit around 1080- 1100 range or it just simply never pulls back to 1080 to 1100 range as (ii) is already done. My observation also, no more pussy-footing around, wild swings are going to become more common. I get the feeling as well, many mid-term traders are on the sidelines right now, looking for trend confirmation. A big move is very near. |
Market had a large jump at 2300 GMT to 1125+ and sideways since then.
=====
Hit 1130+ briefly.
I'm pretty happy with copper (pcu) but that low volume makes me think a top is near.
In an update to the linked thread above:
"
Quote:
| Originally Posted by neildavis2002 Quad, It looks like POG did in fact climb above 1123 in its opening hours, making another new all time high. Are you looking at this as an extended b wave still? Looking forward to see if the super-bull plays out. Scary times ahead if it does. Looks like Bernanke may have been able to squash the deflationary bug after all. We'll see. Looking forward to your insights. Thanks. |
There is a significant pocket of resistance between 1027 and 1033 [Ed. he meant 1127 and 1133], not likely to be taken out on the first try, or even second try, but 3rd time should breach it for sure.
Pog still plenty bullish above 1084.
FYI: EW rules state that waves 2,4,B,X,XX,W,Y,Z,ZZ cannot be 5 wave impulses. They must be 3 wave corrections of some form (A 5 wave sideways triangle is considered a correction, not an impulse). So this move up from friday, so far does not look impulsive to me yet, it looks like a double zig-zag. However, if Pog stays above 1116 and goes to 1130 -1133 before monday is done, then we may have our impulse, so get in quick on the next higher-low, for the possible moon-shot. A fall below 1110 into monday early will kill this view, and suggest a day or two of more corrective behavior, perhaps the wash-out to 108x.
we'll see....
silver, should remain in the triangle presented earlier if POS stays below 17.80, and then correct down with gold into wave C target 16.40 - 16.70. Any move below 16.10 brings much more bearishness.
There is some firm support for crude between 75 and 75.75. I will be looking for a 4 turn bottom."
Thursday, October 15, 2009
Interesting quote
From zerohedge:
"And if you want to be really scared, here is the comparable representation for the DJIA in ounces of gold. It cost about 30 ounces to buy the 10,000 Dow last time. Now it costs less than 10."
And from the comments:
"When it takes about 3 ounces of gold to buy the Dow, I will start selling my gold. I have no idea if that means Dow 15,000, and gold $5000, or Dow 6000 and gold $2000."
Interesting that.
"And if you want to be really scared, here is the comparable representation for the DJIA in ounces of gold. It cost about 30 ounces to buy the 10,000 Dow last time. Now it costs less than 10."
And from the comments:
"When it takes about 3 ounces of gold to buy the Dow, I will start selling my gold. I have no idea if that means Dow 15,000, and gold $5000, or Dow 6000 and gold $2000."
Interesting that.
Sunday, October 04, 2009
Sunday, September 13, 2009
A little excitement
Got stung twice by a yellow jacket while clearing fallen sticks (once through my jeans...absolutely no protection from them) but I'm considering myself very lucky. After I was nearly done mowing I found that there was a nest right where I was stung.
A couple stings are far better than 70 or so.
Looking into this and this to deal with the nest. True it is near the end of the year and the winter will kill them off but that nest is very near the house.
Heh. My excitement was magnified due to the fact I've never been stung by a wasp and that my allergies went insane in 2005. But nothing came of it other than a little localized swelling.
A couple stings are far better than 70 or so.
Looking into this and this to deal with the nest. True it is near the end of the year and the winter will kill them off but that nest is very near the house.
Heh. My excitement was magnified due to the fact I've never been stung by a wasp and that my allergies went insane in 2005. But nothing came of it other than a little localized swelling.
Saturday, September 12, 2009
Tuesday, August 25, 2009
Thoughts on stones
I've been working stones off and on for a while now. Trying this and that.
A few months ago I tried a Crystalite plated flexible lap in 400 grit and then later I picked up a 600 and 1800 grit Crystalite resin flexible laps. The 400 grit lap is astoundingly aggressive while the others are slow they aren't mind numbingly so. The 400 grit lap also improved the final shine significantly with the loose grit I had been using as did the 600 and 1800 laps.
I'm not sure why this wasn't clear to me before but loose grit, even if coarser, is very non-aggressive. I'd say it is better for polishing but very coarse grit could put scratches in the material.
These laps seem to not be very popular compared to the diamond resin wheels. I will probably replace the 600 and 1800 laps with wheels when they wear out as they seem to have a much shorter lifespan than the plated lap.
Also I've given in and bought a 80 grit diamond wheel. The 100 grit carbide wheel was driving me nuts. First it was slow enough that my mind would eventually wander off and I made stupid mistakes. Second, as it wears down and gets smaller it gets even slower. When it started to take near 2 hours to rough out agates I had enough. Well, let me tell you, that 80 grit wheel is no joke. I roughed out an agate the other day in about 25 minutes. It blasts though quartz. I'm well pleased. A good and bad thing is that it gouges (as coarser diamond grits do). This is good because those gouges tell me exactly where to apply the 220 wheel. The bad thing is I need to leave more work for the 220 wheel because not only does it gouge it also chips, so I can't get too close to the finished size on that wheel.
I had been of the opinion that I'd stick with the 220 grit wheel in carbide as I use it for a pretty short step. But two things have changed my mind 1) I have to leave more work for this wheel and carbide is slow. and 2) I really like having the gouges to show me where I need to work. The carbide wheels leave no scratches and if I've done my job well, I'll not see many facets when I move onto the 400 grit lap. Well, it isn't entirely true that the carbide wheels leave no scratches. They leave scratches that you won't see until the 600, or more often, 1800 grit step.
I don't enjoy repeating steps that I thought done.
Also re-remembered tonight that agates really like a round with tripoli after the 1800 grit diamond. Maybe put a pic up if I'm not too lazy tomorrow.
=====================
Alright this is much later than "tomorrow" but I like this stone a bit more than the one I had in mind.
Wish I put a few more lamps in place. There is some very nice depth to that stone. Filled with black and white shapes swimming around and mixing with a semitransparent coffee colored chalcedony.
I like how my hand as well as the camera shows up in the stone's gloss. As well as the ridges of the paper towel light filters on my photo box.
Really should have gotten more light on it.
=\
A few months ago I tried a Crystalite plated flexible lap in 400 grit and then later I picked up a 600 and 1800 grit Crystalite resin flexible laps. The 400 grit lap is astoundingly aggressive while the others are slow they aren't mind numbingly so. The 400 grit lap also improved the final shine significantly with the loose grit I had been using as did the 600 and 1800 laps.
I'm not sure why this wasn't clear to me before but loose grit, even if coarser, is very non-aggressive. I'd say it is better for polishing but very coarse grit could put scratches in the material.
These laps seem to not be very popular compared to the diamond resin wheels. I will probably replace the 600 and 1800 laps with wheels when they wear out as they seem to have a much shorter lifespan than the plated lap.
Also I've given in and bought a 80 grit diamond wheel. The 100 grit carbide wheel was driving me nuts. First it was slow enough that my mind would eventually wander off and I made stupid mistakes. Second, as it wears down and gets smaller it gets even slower. When it started to take near 2 hours to rough out agates I had enough. Well, let me tell you, that 80 grit wheel is no joke. I roughed out an agate the other day in about 25 minutes. It blasts though quartz. I'm well pleased. A good and bad thing is that it gouges (as coarser diamond grits do). This is good because those gouges tell me exactly where to apply the 220 wheel. The bad thing is I need to leave more work for the 220 wheel because not only does it gouge it also chips, so I can't get too close to the finished size on that wheel.
I had been of the opinion that I'd stick with the 220 grit wheel in carbide as I use it for a pretty short step. But two things have changed my mind 1) I have to leave more work for this wheel and carbide is slow. and 2) I really like having the gouges to show me where I need to work. The carbide wheels leave no scratches and if I've done my job well, I'll not see many facets when I move onto the 400 grit lap. Well, it isn't entirely true that the carbide wheels leave no scratches. They leave scratches that you won't see until the 600, or more often, 1800 grit step.
I don't enjoy repeating steps that I thought done.
Also re-remembered tonight that agates really like a round with tripoli after the 1800 grit diamond. Maybe put a pic up if I'm not too lazy tomorrow.
=====================
Alright this is much later than "tomorrow" but I like this stone a bit more than the one I had in mind.
Wish I put a few more lamps in place. There is some very nice depth to that stone. Filled with black and white shapes swimming around and mixing with a semitransparent coffee colored chalcedony.
I like how my hand as well as the camera shows up in the stone's gloss. As well as the ridges of the paper towel light filters on my photo box.
Really should have gotten more light on it.
=\
Wednesday, July 22, 2009
Playing with milk
I've been making my own yogurt for a while now. I follow this recipe and use Stonyfield Farm's yogurt for starter (it makes for a slightly sweet and very creamy yogurt). I then mix in whatever berries are in season along with a bit of the jam my wife makes. That and an egg makes for a very nice breakfast.
I've also made this Vietnamese yogurt following the method outlined in the link above and again with Stonyfield Farm's yogurt for starter.Very nice but too many calories for someone on a diet.
I tried my hand at making mozzarella using this recipe. It ended up effectively being ricotta. I had thought that the failure came from the recipe. In that the prof is big into self sufficiency and has his own dairy animals and has learned exactly how acidic his buttermilk will make his curds. I then found this which more importantly brought me to this. What she is describing is what happened to me. So I took her advice and reconstituted a gallon of non-fat dried milk and replaced a pint of it with light cream. I then followed her mozzarella recipe this evening with the addition of the prof's brine bath. It behaved as described and it smelled like cheese when it was warm. I'll be trying some tomorrow afternoon.
----
I've tried the cheese and I'm pleased. It tastes like string cheese but not as dry and rubbery. The outside is very salty from the brine. I expect that to be absorbed into the cheese in the next couple days. I'm a little worried it will be a bit too salty but it's too early to tell. I soaked it about 18 hours so I'll soak it less if it is too salty.
After I made it I learned about lipase and how it will make it taste more like Italian cheese. Might play with that next.
Update: A few days later and the salt had absorbed into the cheese. Not at all salty. It does melt when used in cooking but not completely when added at the end. I think this was due to me not working the cheese until all the whey was out of it. I was concerned that it would become too rubbery (too much like string cheese) if worked too much. I suspect it would've melt if added to the dish earlier.
End result: More flavorful than string cheese but it didn't melt as easily. I'm not sure if working it more would kill the flavor.
I've also made this Vietnamese yogurt following the method outlined in the link above and again with Stonyfield Farm's yogurt for starter.Very nice but too many calories for someone on a diet.
I tried my hand at making mozzarella using this recipe. It ended up effectively being ricotta. I had thought that the failure came from the recipe. In that the prof is big into self sufficiency and has his own dairy animals and has learned exactly how acidic his buttermilk will make his curds. I then found this which more importantly brought me to this. What she is describing is what happened to me. So I took her advice and reconstituted a gallon of non-fat dried milk and replaced a pint of it with light cream. I then followed her mozzarella recipe this evening with the addition of the prof's brine bath. It behaved as described and it smelled like cheese when it was warm. I'll be trying some tomorrow afternoon.
----
I've tried the cheese and I'm pleased. It tastes like string cheese but not as dry and rubbery. The outside is very salty from the brine. I expect that to be absorbed into the cheese in the next couple days. I'm a little worried it will be a bit too salty but it's too early to tell. I soaked it about 18 hours so I'll soak it less if it is too salty.
After I made it I learned about lipase and how it will make it taste more like Italian cheese. Might play with that next.
Update: A few days later and the salt had absorbed into the cheese. Not at all salty. It does melt when used in cooking but not completely when added at the end. I think this was due to me not working the cheese until all the whey was out of it. I was concerned that it would become too rubbery (too much like string cheese) if worked too much. I suspect it would've melt if added to the dish earlier.
End result: More flavorful than string cheese but it didn't melt as easily. I'm not sure if working it more would kill the flavor.
Thursday, July 09, 2009
Monday, June 29, 2009
Thursday, April 23, 2009
Friday, March 20, 2009
Thursday, March 05, 2009
Sunday, February 08, 2009
Saturday, January 31, 2009
Interesting
I've been very careful with my trading for quite a while now. Mainly because the market didn't make sense.
One week things were deflationary and the next inflationary. Now those cycles seem to be daily.
I've been pretty confused over that until I read this.
Seems the Feds have been trying very hard to inflate things for a while now. But any movement in that direction lives only so long as it takes the large trading houses to sell off during the rally.
So how much more before the real bottom is in? When all the trading houses have stopped selling in an effort to offset trades and/or meet margin requirements? I'm not at all sure.
I did see gold rally this week. Enough to make me think that maybe the inflation will start to hit (and I'll finally have some surer footing to make trades), but in my gut I'm thinking not yet. If I were braver I'd buy a couple mini gold or silver contracts and take delivery. Seems gold and silver contracts are much lower than the physical metal. But those 1K oz bars would have to be made into coins or small bars. I have no idea how much of a cut that would take out of the deal.
One week things were deflationary and the next inflationary. Now those cycles seem to be daily.
I've been pretty confused over that until I read this.
Seems the Feds have been trying very hard to inflate things for a while now. But any movement in that direction lives only so long as it takes the large trading houses to sell off during the rally.
So how much more before the real bottom is in? When all the trading houses have stopped selling in an effort to offset trades and/or meet margin requirements? I'm not at all sure.
I did see gold rally this week. Enough to make me think that maybe the inflation will start to hit (and I'll finally have some surer footing to make trades), but in my gut I'm thinking not yet. If I were braver I'd buy a couple mini gold or silver contracts and take delivery. Seems gold and silver contracts are much lower than the physical metal. But those 1K oz bars would have to be made into coins or small bars. I have no idea how much of a cut that would take out of the deal.
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