Running Bear's January 2021 Coffee Shop


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Well, I am not winning on my stock market wagers this week!

Willie, you are not supposed to win stock market wagers. It’s a big casino that favors the 1%. I learned my lessons in 1988 and 1989. I had a conversation on the phone with the son last night. He is furious because his stock handling was halted yesterday. I thought he had learned from me but guess not. Terry handles the investments now but doesn’t work it daily Like my brother and I find out now, the son. The son thinks he is his uncle with an unlimited pocketbook and again he had to be reminded last night he is not. Buy and stick with it but don’t try to out smart it, they proved they can change the rules.

TomO
 
Well, I am not winning on my stock market wagers this week!

I was tempted to put in an options spread yesterday on Gamestop for today's expiry that would make a killing if it went below 200 or above 400 and another hedge Iron Condor against that same spread but covering if it did not go below or above those other prices to make it so I would break even or maybe make a small amount (instead of losing if it did not break up or down). I didn't do it because I am a neophyte and was not sure if there were some hidden gotchas in my plan and also whether I could get both required trades to actually execute -- there were too many legs involved to do it in a combined trade. As it ended up it closed at 325, which would have been basically break even or a small gain, so probably better I skipped it. The biggest gain would have been if it had jumped again today and broken the 400 upper price.
 
Today is mid 40s (after a week of below freezing or just low 30s, though some days had sun). But it is overcast and feels a lot colder than it really is. That means it is likely going to snow or crap something on us. The higher humidity today makes it feel colder. But the forecast is only 40% chance of rain today (and high of 52F which we are not going to hit). But tomorrow and Sunday are partly cloudy and sunny and a bit colder. So not sure. We'll see if the weather guesser is right or we get the heavenly pee.
 
It's time for taxes and I learned something I didn't know today.
Some of you already know I've been fueling my layout dreams with some horse bet winning this year.
I wagered $2.00 on a Pick 4 bet and won $607.00 I have to pay taxes on the money won because the amount won was over $600.00 and
the money wagered was more 300 times the amount won. This is the tax law. Confused
The 2nd bet where I won more and don't have to pay taxes.
I wagered $14.60 on a Hi5 and won $1,171.00 I (do not) have to pay taxes even though I won more because the wagered amount $14.60 is not more then 300 times the amount won. 300 X $14.60 = $4,380.00 amount won $1,171.00
I'm not sure what they were thinking when creating these laws. You win more you pay less taxes.
I won one other bet that I have to pay a lot more taxes on but my layout's looking good.
George
I'm confused.
 
I have notice lately that people are flooding/dumping their MTH SD70ACes........I never owned a MTH loco. I have heard so many horror stories on them operating. They look great but the internal system they have seems to wreak havoc when trying to run on any DCC system other than MTH.

I myself have 3 of the Athearn Genesis series. I have UP Heritage units 1995,1996 and 1998... I plan on getting all of them in due time. Also looking to get the demo model 1201 in the yellow caterpillar scheme.
I have the #1201, my criticism of it is it's flat paint, which to me, lightens the yellow too much, unless you want to have it as well used. When new, especially when it was used for displays it was ultra high gloss and gives a distinctly darker, more solid appearance. Yellow is a bad color for internal lighting to bleed through. Turns them into glo-worms.
I have 4 of the MTH ACe's. The first two with DCS/DCC which won't advance consist, but will run on DCC, bought before I knew Athearn had done 4 in MRL, the other two DC/DCC ready, no DCS. They have had Tsunami2 decoders fitted and twin 28mm speakers in the fuel tank. Big sound from them. The other two are still waiting. Means scrapping their decoder entirely and replacing. Their circuit board mounted LEDS are retained in both types, just need to note the polarities, that fortunately are marked (tiny). They at least have their speakers fitted, a fiddly job.
 
Good evening Shop Dwellers! It's 29*F and cloudy with an 11mph NW wind here in central MD.

Thanks everybody who "liked" my brief Wednesday night post - Garry, Hughie, James, Tom-O, Joe, Sherrell, Karl, Patrick, Tom-C, Guy.

. . .
SWMBO already fixed egg, pancakes, sausage, bacon and toast for me in celebration of my 60th trip around the sun today.
. . .
A belated Happy Birthday, Karl! Like the others said 60 is painless; the one you REALLY have to watch out for is 65. That is when your life insurance premium doubles, and your mailbox starts getting flooded with all these too-good-to-be-true Supplemental Health Insurance offers that warn you to enroll immediately [in their plans] before it's too late... o_O 😒

Justin, your ex-hamburger mountain is really starting to take shape! That geep in your book photo has yet another highly unusual attribute as well for a C&O geep - I'll give you 3 guesses as to what I'm referring to? 🤓

Chet - sorry to hear the out-of-staters have "infected" your local government! Wherever you end up relocating, I hope you can at least have a small modular industrial switching layout.

* * *
I was ready to post my usual evening message here yesterday, but SWMBO was participating in a professional [paid] survey which required her to use my laptop rather than her iPhone. Wasn't off until 10:45 and by then it was too late for me to bother. I did, however, make some more progress on my F7 project: Printed up some home-grown decals to use for the yellow sill stripe. I needed to do lots of trial-and-error experimentation with different RGB (Red-Green-Blue) digital combinations to find a shade that matches, as close as possible, the color of the yellow Microscale letters and digits.

I learned a lesson that cost me the price of a single sheet of white Micro-Mark decal paper: My trust in Epson matte presentation paper for color matching was a mistake. The yellow stripes that had looked sharp and vivid on the matte paper, came out almost orange on the decal paper!

Luckily, I still had 4 sheets left of the white decal paper - so I made up a sample graphic of 8 different shades of yellow, starting with "pure" yellow and adding progressively more red to each until the darkest swatch was just one shade lighter than the decal I had printed. Then I printed these, along with their corresponding RGB formulas, along the top edge of a fresh blank decal sheet:
BnO_ColorCalibrationChart.jpg

I held up a sheet of Microscale B&O/C&O letters to see which two were the closest match, and edited the bitmap decal file with those. I was able to turn the experimental decal sheet around to print the stripes on the opposite half of the printable surface:
BnO_StripingDecals.jpg


...so thankfully only the one original sheet had to be sacrificed. Now I should probably order another batch of these blank decal sheets from Micro-Mark, since those are the only "canvas" giving reliable color matches.

Dinner is served, gotta run now!
 
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Think I resolved all the electrical issues on the layout. Also, I removed some of the locomotives I had sitting on the layout for evaluation. I have one more 5' section that has to be wired into the buss. Hopefully tomorrow. As Guy remarked, earlier, I have a lifetime's worth of structures to complete and place.

Heard on another forum, the new Lionel Catalog came out, recently, and everything has an average 25% price increase. HO Brass prices for collectable "Tin plate". Louis might be on the right track here... The two reasons cited were the demise of MTH, and the usual scapegoat, Covid-19.
I have no interest in Larger scales, but seems like this is putting O Scale and Hi-Rail further out of reach to everyone but seasoned collectors.

I saw that the two Rapido locomotives that I have on order do not have a delivery date until Winter 2021. When I ordered them it was a delivery date of Winter 2020.

I've had a pre-order for a Western Maryland RS3 from Bowser, historical society only numbered unit, since 2018, still waiting.

Greg and Karl: Simply stated, Don't hold yer breath, waiting...I have an SW1200 that was ordered back on 1/27/2019, and it is now expected sometime in the Second Quarter of 2021. Once this one shows (if it does?), no more advance orders for me...I'm not getting any younger. :rolleyes:

Nice photos. Your bridge will make a great scene.

Curt, (and Garry): I used an old picture, the bridge is in place, and handling trains. The river bed has been painted, and is waiting for the acrylic sheet to be cut. Based on the prototype photo, my bridge is much too clean. :oops:

I may go back-1 and get a few of the 101S as well to see that goes. I plan to use all ground throws in the yard and various sidings but all my switches on the 2 mains will be powered.

James, (and Willie): The only place I currently use ground throws is a code 83 crossover on my PRR branch. I use the 101, successfully. PECO and Micro Engineering switches are sprung, so I just flip the points, no grown throw or motor necessary.

I liked the way the logs turned out, they are spruce sticks.

Dave: The logs look great..so real ;).

It has been nearly 60 years since I have been there, but the memories are just as good.

Hughie: I feel the same way...The last time I was over the bridge that I posted the contemporary photo of this morning, was 1977, when I worked out of Stoney Creek, (crick). Of course, back then the bridge was capable of opening, and still employed a bridge tender/crossing watchman, 16 hours / day, 7 days a week. Sometimes, memories are all we have left.

Well, I am not winning on my stock market wagers this week!

Willie: Can't help but think this is a reaction of the Private Capital and Hedge funds to punish "Retail"investors (aka dumb money), for beating them at their own game, as well as bringing about scrutiny from regulators and politicians. The professional investors are not happy this week. Looking to do some cherry picking of bargains next week.

I'm not sure what they were thinking when creating these laws. You win more you pay less taxes

George: These laws predate 1968, when I spent my summer as Fireman on the Delaware Park race Train. Back then $600 bucks was a lot of money and betting schemes were fewer and more limited. There was always an IRS representative at the track to collect withholding on big wins. Most of the professional bettors, that lived off the their winnings, avoided large payouts, and generally kept winnings quiet. Easy to hide cash back then.

Thanks for the complements and the likes.

PICA crosses Columbia Bridge, Philadelphia.jpg

Conrail PICA01 [Conway to Camden, NJ] crossing Columbia Bridge in Philadelphia's Fairmount Park near the end of Conrail as we knew it. (Love the trees growing on the bridge) .
Early Conrail SB Freight crossing Anacostia River in DC.jpg

Uncredited slide of Southbound Conrail freight (Possibly TV-23), crossing the Anacostia River in DC, headed for Potomac Yard, VA.. Structure on the right is the movable portion of the bridge.
 
He is furious because his stock handling was halted yesterday. I thought he had learned from me but guess not.

Tom O: My youngest son, manages his own portfolio, and is currently managing a hypothetical portfolio for one of his classes in his MBA program at UNC. He learned to be thrifty, (except with performance cars), and does rather well, generally avoiding the exotic high risk - high reward schemes.

Private capital and hedge funds love to take risk, since they are playing with investor money, and their bets generally benefit the fund manager, and have an impact on everyone else. I am a sniper, I target and bargain hunt, without resorting to hedges, and generally don't lose. I'm just amused about what happened this week. and have this perverse joy in hearing how deep the losses were to some of the hedge funds. Guess they will be going hat in hand for another bailout:rolleyes:. I generally do better with horses, but of late, I have been avoiding the ponys.
 
Tom O: My youngest son, manages his own portfolio, and is currently managing a hypothetical portfolio for one of his classes in his MBA program at UNC. He learned to be thrifty, (except with performance cars), and does rather well, generally avoiding the exotic high risk - high reward schemes.

Private capital and hedge funds love to take risk, since they are playing with investor money, and their bets generally benefit the fund manager, and have an impact on everyone else. I am a sniper, I target and bargain hunt, without resorting to hedges, and generally don't lose. I'm just amused about what happened this week. and have this perverse joy in hearing how deep the losses were to some of the hedge funds. Guess they will be going hat in hand for another bailout:rolleyes:. I generally do better with horses, but of late, I have been avoiding the ponys.

Boris, I have a gambling addiction that had been tough to overcome. Casinos and commodities. My son is 35, an MBA in Economics, has a fairly healthy income, owns a couple small businesses and should know better. Claims he is doing great as I spoke to him about 30 minutes ago. He wanted to join the crowd to stick it to the hedge fund guys and secretly I applaud and approve that. But because of my past that the kids were told about when they turned 18 does scare me. He plays and research’s for things like AMC and GME. What bothers me is so many of these folks have made great money. Pull it out and fight another day. They don’t have the backing for a sudden turn and loss. You can bet your bottom dollar those hedge fund guys are talking and come Monday that worm will turn. I feel Robinhood has a lot of explaining to do for curtailing stopping and now limiting certain trading.

TomO
 
Just a quick follow-up to my earlier post - I inserted photos in there to illustrate what I did.

. . .
Greg and Karl: Simply stated, Don't hold yer breath, waiting...I have an SW1200 that was ordered back on 1/27/2019, and it is now expected sometime in the Second Quarter of 2021. Once this one shows (if it does?), no more advance orders for me...I'm not getting any younger. :rolleyes:
. . .
Greg/Karl/Joe, I'll see your delayed preorders and raise you this: Two (2) Spring Mills Depot B&O I-5d cabin cars, prepaid in October 2014. This was what ultimately led me to scratch-bashing one of my own!
 
Just a quick follow-up to my earlier post - I inserted photos in there to illustrate what I did.

Greg/Karl/Joe, I'll see your delayed preorders and raise you this: Two (2) Spring Mills Depot B&O I-5d cabin cars, prepaid in October 2014. This was what ultimately led me to scratch-bashing one of my own!
Damn, Ken:
I forgot all about those...they never showed? I was considering one or two for myself, then I shifted focus... Did you get your prepayment back?

Robinhood has a lot of explaining to do for curtailing stopping and now limiting certain trading.

Tom O: Sure does, along with a few other "populist" brokerages. Not for nothing, I enjoyed hearing the hedge fund guys whine, for once. But it is time for our populist investors to cash out and await their next real opportunity. This did show the inequity of the financial markets, and the disparity between "smart money" and "dumb money". Sidebar, soe of the private capital stalwarts have bet on sports gambling, the next, greatest way of parting the average guy, from his paycheck. Follow the money...!!
 
Justin, your ex-hamburger mountain is really starting to take shape! That geep in your book photo has yet another highly unusual attribute as well for a C&O geep - I'll give you 3 guesses as to what I'm referring to? 🤓
Ok well at a glance I noticed two things. One it has flags on the front which I havent seen on any other geep. Two the box on top of the short nose as well. Now guessing here I'd say it is there for the Hot Springs train which had passenger cars in the mix. Now I havent been able to find any info on the box. So perhaps you can shed some light on it as my curiosity is getting the better of me here.
 
James- A few guys bought MTH loco's in our club. They got rid of them due to they don't work that great with certain DCC systems.

Good morning.....Going to checkout a train store that closed due to the pandemic. They moved into a church basement, a win win for both. Plus it's 20 miles closer for me.
 
Good morning gang,

20° and clear. NWS has issued a winter storm warning for us, starting tomorrow and ending late Monday, with a foot of sn*w possible.
Ken, I thought you fixed this for this year??? :rolleyes: :)

If I get snowed in, its ok. I got enough parts to finish 4 locos, plenty of firewood and SWMBO made a grocery run yesterday.

I'll take my coffee in the corner Flo, and a few chocolate chip cookies for now.
 
It's Saturday morning :rolleyes:! 15° with sunlight. NWS is threating us with 6"+ of snow, and perhaps some rain mixed in. Guess I better get some gas today.

Beyond that,we don't have to do anything, as we have plenty of groceries and projects to work with.

Time for a turkey sausage and egg on an english muffin, although I would prefer a "Muffinski".
 
Morning all,

Raining and 52° in Doo-Dah this morning.

Ran the old tag to the DMV yesterday as I'd be paying 6-7 weeks of taxes on a vehicle I no longer owned if I hadn't. I wasn't attached to that tag anyway. The local daughter calls while I'm at the tag office and asks when I'm coming to tear down the rest of the shed. New shed is coming Monday. I had planned on working on tearing the rest if the building as they were saying rain today (I conveniently shifted my work so I'd have yesterday off.
Took me 41/2 hours to get the building in pieces they could haul to the dumpster today in the rain. I'll work on some more of it tomorrow. I still have muscles cramping this morning. I guess I'm not in the shape I though I was....
 
Good morning y'all. It is currently 27 and there is once again rain in the forecast, tonight and then again tomorrow. Got to get what I can done today to try and finish up my drainage job. Good thing about the rail is that I was able to see how well what I've already done is working.

Flo- coffee and bacon please, that'll do until I figure out breakfast.

Lots of nice pictures to look at lately. Y'all keep 'em coming. No new updates on the layout yet, have had no time to work on it the last couple of days. Perhaps tomorrow I will find some time to work on my maintenance facility or a loading dock. Watching the layout finally taking shape is so nice.

Curt- there have definitely been a lot of "what if's" so far. The track plan has already been changed or amended 5 times since I made the decision to build something that would remain in place. I have no doubt that moving forward will create many more. Looking forward to the challenges that lay ahead bringing my plans for detailed interiors on the depot as well as the repair shop to fruition. I'm thinking about adding some LED lighting as well, but we'll have to see how that goes. The time is approaching to consider building a base under the plywood to hide all of the wiring I foresee to get my switches automated. Which then will require a board for the control switches, labels for each switch, and who knows what else from there. 🤷‍♂️ 😄 My "simple" little layout seems to be well on its way to something far more complex than originally planned. But that is the nature of a living organism, forever growing, adapting, and evolving into a newer, bigger, better version of itself. Guess all I can do now is buckle up and enjoy the ride. The train has left the station and I can't seem to locate the brake lever. 🤣

Y'all have a blessed day. I'm going to take my coffee to go and check out this rabbit hole I have just stumbled upon.
 
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