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Back on September 10th, I wrote a post proclaiming my commitment to hold on to my palladium (by way of PALL) for the long-haul. Well, that solemn vow lasted all of two days, as I took profits on the entire position on the 12th. Good thing, too, considering what happened next.
My beautiful blonde buddy left us, of all days, on 9/11. He was acting listless late in the afternoon, and my wife and I rushed him to emergency care along with Duke. By 2:30 the next morning, the three of us headed back to our car without him. We had all said our good-byes, and we had laid hands (and paws) on him as he passed from this world to the next.
Long-time readers know that a big problem I’ve got in my investment behavior is the inability to hold on to a good position for the long-term, except in cases where it’s inconvenient or bothersome to sell (such as various rental properties I own, my house, my one venture investment, and a safe deposit box full of gold and silver bullion). If I can sell with just a mouse click, I’m afraid I’ve clicked it WAY too many times in my life. Don’t even get me started!
I’m going to try to behave differently with palladium, however, since every ratio chart I look at is screaming BUY and HOLD. One day does not a trend make, but I’ve got to say, this is sailing along nicely so far over the past twenty-four hours.
On this Labor Day, a time normally reserved the think fondly back on all the workplace slowdowns, stoppages, wildcat strikes, and questionable Teamster leadership murders of the past, I would instead like to focus our attention on a hodgepodge of things that are just generally pissing me off. What would you rather do on this Monday: enjoy a beer and a hot dog or read about me bitching?
That’s what I thought.
Heart Hands
This abomination has to stop. Everyone’s doing it, and I’d sincerely wish flipping the bird had caught the public’s imagination as opposed to this nausea-inducing, faux-sincere, cutesy travesty. It’s shallow, it’s pointless, and it devalues anything sincere acts of affection.