Running Bear's May 2025 Coffee Shop

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I second or third that. But there is a steam loco that runs between Hill city and Keystone, I think. I missed it when we were there. View attachment 219090
Have to look for it. Sounds way better than crazy horse. Parents took us back in the late 60s early 70s and back then only thing was done was the face and bored hole for arm. Nothing else so I was curious. But if nothing has really changed, I’d rather hunt up a railroad and see take that.
 
Have to look for it. Sounds way better than crazy horse. Parents took us back in the late 60s early 70s and back then only thing was done was the face and bored hole for arm. Nothing else so I was curious. But if nothing has really changed, I’d rather hunt up a railroad and see take that.
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Sept 2023
 


First rain in a couple of weeks so I took the time to continue a project. I had this 1980's Thomas Yorke engine house started and finally have reached the 75% finished stage. The hydrocal walls were the easy part. Every thing else was "follow the templat" and figure it out. Unfortunately there wasn't enough roofing material included. I did find just enough, from previous projects, to get it finished.

I also have a couple of old Stewart kits( branchline sanding and a fueling) to finish the diorama. I'll probably sell them at the next swap meet.

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I'm not saying there aren't shenanigans, but there is not covert market manipulation on a wide scale by guys in suits and cigars in the back room. There is too much they'd have to do and too many people would have to be in on it. I may pontificate on it in a post when I have some time. That doesn't mean there aren't shenanigans. Just that it's not some billionaire cabal controlling everything.

For example, the weekend "trade agreements" becoming public in time for billionaires to get their trades in makes no sense. That's too late. Anyone could get their trades in after the agreements were made including you and I, but it's too late to make money off it anyway on a big scale. You would need to know before hand and get your trades in place before the news. Even getting trades placed over the weekend, they don't take effect until the market opens Monday and by then the advantage is gone. However, if you'd seen the down market and figured it would probably rebound, you could have put in big plays that would have won huge profits from this news. But you'd have had to do it before anyone even knew they were talking. Even Friday before the talks started was probably too late. You'd probably have put in your trades a week or three weeks or a month before.

The one advantage the billionaires have is they have the capital to mess around and the staffs to track and figure out the strategies. What you and I don't have. And for the most part they're not buying or selling stocks. They're buying and/or selling options, which reduce the risk and magnify the potential wins.

For example, with this current turmoil, after the crash a month ago they could have figured it would rebound in the next coupe months and bought a ton of CALL options on likely candidate stocks or ETFs that were likely to benefit from the rebound. It's the rebound those CALL options are worth a ton. And the risk is relatively minor. And they probably hedge it with some strategic PUT options. You and I can do the same thing but we need to have the money to do so, the ability to absorb the risk, and the time and understanding to recognize good points to do it. All of which favors the billionaires and their asset maintenance staffs.

Another type of "safe" option play are credit or debit spreads, where risk is limited. In these you sell a CALL or a PUT and take the premium of selling it as profit. However, to limit risk you buy a CALL or PUT to partner it at a price that is $5 or $10 off from the one you sold ($500 or $1000 in real money since contracts are 100 shares) so if you plan it right you get to keep the premium you sold for minus the lower cost of the one you bought as profit. No need to buy or hold any stock. Normally options have unlimited risk (and reward) potential when bought/sold naked. When you pair them in spreads your limited in loss to that $500 or $1000 spread value minus whatever sales premium you collected. This is how the majority of billionaires and banks and even Warren Buffett make their day to day money. Through trading in options spreads. A lot of little wins adds up and you limited the exposure.

Lastly you can do covered calls (and probably puts). You own a stock or an option and you can sell options against what you own. As long as you sell one that allows you to not lose on the original stock or option you bought this is a guaranteed win. Say you buy stock X at $100 a share. So $10k for one block. Let's say you think it will go up to maybe $125 but not higher. So you sell a CALL on your block you own with a strike price of $125 or $130. You pocket say $700. If by the time of expiration the price never gets to $125 on that stock you've netted $700 in profit and still own your stock. If however it gets up to $130 and your CALL is exercised, you're forced to sell your stock to the guy for $125. But you paid $100 for it so you win $25 a share in profits plus you still have the $700 in the sales premium for the CALL you sold. You can also do this sort of thing merely by by buying a long term CALL and then selling short term calls against it. I have one now where we were doing spreads but there was CRASH in price a year or so ago and the price dove down to below $120 (It had been probably $170 or something when we were doing a spread). SO what we did was buy an 18 month CALL at $120. As there price has gone up that CALL has become very valuable (but because we got into it at a high price on our spread we need that increase in value to get our money back). But we've been selling CALLs against it to raise extra money to get to break even faster and get back to a profit. The only reason the huge value the CALL has that we bought a long time ago is not being cashed out is because we got into it as a recovery methods from a series of spreads that went south so we're already invested in it. If you buy long term calls with your crystal ball and sell covered CALLs against it you can bank a bunch of small incremental profits with no risk. The only risk is that if the price gets above the covered call you sold you will have to cash in the call and are limited in the profit to whatever level it was at.

These are the sort of every day trades these billionaires do and they make a ton of money through lots of small profits. You can do it too. I am not selling any advice or encouraging reckless investments. And certainly not encouraging naked options trading or reckless options trading. You can lose a ton of money fast that way. But covered calls and small spreads are very low risk and if you have the right investment advisor or knowledge you can make it win for you long term. A neighbor of mine makes a ton just doing lots of small covered calls.

Even with spreads you can lose if you're always wrong on the spread. So you need good sources of information etc but it's low risk compared to naked trading.

My point is that these big cigar guys have the capital and the staffs to do this sort of small mundane trading day after day after day and to turn things like market turmoil into big wins. It takes money to make money. But you can employ the same strategies if you dare and they're not getting help that you and I don't get through this process. They're just better set up to take advantage of it.

Anyway, I could say a lot more and I've tried to remove politics from it. Just remember that all the world's countries and all the politicians everywhere would have to be in on the conspiracy if there was a big one with cigar smoking back room guys making deals that you and I have way to also do because they know in advance of deals. Market volatility favors the big guys because they're more likely to have the means to capitalize on it and options, not actual stock, are their preferred weapons.

Chad
 
I'm not saying there aren't shenanigans, but there is not covert market manipulation on a wide scale by guys in suits and cigars in the back room. There is too much they'd have to do and too many people would have to be in on it. I may pontificate on it in a post when I have some time. That doesn't mean there aren't shenanigans. Just that it's not some billionaire cabal controlling everything.

For example, the weekend "trade agreements" becoming public in time for billionaires to get their trades in makes no sense. That's too late. Anyone could get their trades in after the agreements were made including you and I, but it's too late to make money off it anyway on a big scale. You would need to know before hand and get your trades in place before the news. Even getting trades placed over the weekend, they don't take effect until the market opens Monday and by then the advantage is gone. However, if you'd seen the down market and figured it would probably rebound, you could have put in big plays that would have won huge profits from this news. But you'd have had to do it before anyone even knew they were talking. Even Friday before the talks started was probably too late. You'd probably have put in your trades a week or three weeks or a month before.

The one advantage the billionaires have is they have the capital to mess around and the staffs to track and figure out the strategies. What you and I don't have. And for the most part they're not buying or selling stocks. They're buying and/or selling options, which reduce the risk and magnify the potential wins.

For example, with this current turmoil, after the crash a month ago they could have figured it would rebound in the next coupe months and bought a ton of CALL options on likely candidate stocks or ETFs that were likely to benefit from the rebound. It's the rebound those CALL options are worth a ton. And the risk is relatively minor. And they probably hedge it with some strategic PUT options. You and I can do the same thing but we need to have the money to do so, the ability to absorb the risk, and the time and understanding to recognize good points to do it. All of which favors the billionaires and their asset maintenance staffs.

Another type of "safe" option play are credit or debit spreads, where risk is limited. In these you sell a CALL or a PUT and take the premium of selling it as profit. However, to limit risk you buy a CALL or PUT to partner it at a price that is $5 or $10 off from the one you sold ($500 or $1000 in real money since contracts are 100 shares) so if you plan it right you get to keep the premium you sold for minus the lower cost of the one you bought as profit. No need to buy or hold any stock. Normally options have unlimited risk (and reward) potential when bought/sold naked. When you pair them in spreads your limited in loss to that $500 or $1000 spread value minus whatever sales premium you collected. This is how the majority of billionaires and banks and even Warren Buffett make their day to day money. Through trading in options spreads. A lot of little wins adds up and you limited the exposure.

Lastly you can do covered calls (and probably puts). You own a stock or an option and you can sell options against what you own. As long as you sell one that allows you to not lose on the original stock or option you bought this is a guaranteed win. Say you buy stock X at $100 a share. So $10k for one block. Let's say you think it will go up to maybe $125 but not higher. So you sell a CALL on your block you own with a strike price of $125 or $130. You pocket say $700. If by the time of expiration the price never gets to $125 on that stock you've netted $700 in profit and still own your stock. If however it gets up to $130 and your CALL is exercised, you're forced to sell your stock to the guy for $125. But you paid $100 for it so you win $25 a share in profits plus you still have the $700 in the sales premium for the CALL you sold. You can also do this sort of thing merely by by buying a long term CALL and then selling short term calls against it. I have one now where we were doing spreads but there was CRASH in price a year or so ago and the price dove down to below $120 (It had been probably $170 or something when we were doing a spread). SO what we did was buy an 18 month CALL at $120. As there price has gone up that CALL has become very valuable (but because we got into it at a high price on our spread we need that increase in value to get our money back). But we've been selling CALLs against it to raise extra money to get to break even faster and get back to a profit. The only reason the huge value the CALL has that we bought a long time ago is not being cashed out is because we got into it as a recovery methods from a series of spreads that went south so we're already invested in it. If you buy long term calls with your crystal ball and sell covered CALLs against it you can bank a bunch of small incremental profits with no risk. The only risk is that if the price gets above the covered call you sold you will have to cash in the call and are limited in the profit to whatever level it was at.

These are the sort of every day trades these billionaires do and they make a ton of money through lots of small profits. You can do it too. I am not selling any advice or encouraging reckless investments. And certainly not encouraging naked options trading or reckless options trading. You can lose a ton of money fast that way. But covered calls and small spreads are very low risk and if you have the right investment advisor or knowledge you can make it win for you long term. A neighbor of mine makes a ton just doing lots of small covered calls.

Even with spreads you can lose if you're always wrong on the spread. So you need good sources of information etc but it's low risk compared to naked trading.

My point is that these big cigar guys have the capital and the staffs to do this sort of small mundane trading day after day after day and to turn things like market turmoil into big wins. It takes money to make money. But you can employ the same strategies if you dare and they're not getting help that you and I don't get through this process. They're just better set up to take advantage of it.

Anyway, I could say a lot more and I've tried to remove politics from it. Just remember that all the world's countries and all the politicians everywhere would have to be in on the conspiracy if there was a big one with cigar smoking back room guys making deals that you and I have way to also do because they know in advance of deals. Market volatility favors the big guys because they're more likely to have the means to capitalize on it and options, not actual stock, are their preferred weapons.

Chad


.....and Covid was from bats, masks work, the vax is safe, just another 2 weeks..... ;)

Like I said, I'm cynical, not a tin foil hat wearer....But you are correct, it's a big club and we ain't in it.
 
We’re at our camp site and we went by crazy horse. Took pictures at 60mph and said nope. Then looking at pictures you all posted. Yeah nothing changed. So we’re probably going to hunt up other stuff see besides Mount Rushmore. I haven’t seen that in decades and wife never seen it so that’s a must.
 


Had to finish a new hire or 2 this morning as HR seems to like to wait on getting that info to me at the last minute
Yeah right? They get 30 days to review my paperwork for a new hire and they give me 3 days to review. Of course they send it to me on Friday afternoon. Monday is a loss as it is Sunday over there, so Tuesday is my first contact with them for any questions, which of course I have a lot of since they don't read any of the forms that they required me to fill.

Ok breath in, breath out. We're okay now. haha
 
Yeah right? They get 30 days to review my paperwork for a new hire and they give me 3 days to review. Of course they send it to me on Friday afternoon. Monday is a loss as it is Sunday over there, so Tuesday is my first contact with them for any questions, which of course I have a lot of since they don't read any of the forms that they required me to fill.

Ok breath in, breath out. We're okay now. haha
HR is HR, no matter where you are.
 
Speaking of the vax, I got the JJ vax (you know, the one with the soft round edges), or was that the JnJ? Anyway, got that and then the moderna since the JnJ was deemed problematic, and that's it. The wife and kids got that and every update that Japan had to offer. They got covid twice, I never did. And I am not a mask wearer. Japan hospitals require masks, so I don't go there.
 
I'm not saying there aren't shenanigans, but there is not covert market manipulation on a wide scale by guys in suits and cigars in the back room. There is too much they'd have to do and too many people would have to be in on it. I may pontificate on it in a post when I have some time. That doesn't mean there aren't shenanigans. Just that it's not some billionaire cabal controlling everything.

For example, the weekend "trade agreements" becoming public in time for billionaires to get their trades in makes no sense. That's too late. Anyone could get their trades in after the agreements were made including you and I, but it's too late to make money off it anyway on a big scale. You would need to know before hand and get your trades in place before the news. Even getting trades placed over the weekend, they don't take effect until the market opens Monday and by then the advantage is gone. However, if you'd seen the down market and figured it would probably rebound, you could have put in big plays that would have won huge profits from this news. But you'd have had to do it before anyone even knew they were talking. Even Friday before the talks started was probably too late. You'd probably have put in your trades a week or three weeks or a month before.

The one advantage the billionaires have is they have the capital to mess around and the staffs to track and figure out the strategies. What you and I don't have. And for the most part they're not buying or selling stocks. They're buying and/or selling options, which reduce the risk and magnify the potential wins.

For example, with this current turmoil, after the crash a month ago they could have figured it would rebound in the next coupe months and bought a ton of CALL options on likely candidate stocks or ETFs that were likely to benefit from the rebound. It's the rebound those CALL options are worth a ton. And the risk is relatively minor. And they probably hedge it with some strategic PUT options. You and I can do the same thing but we need to have the money to do so, the ability to absorb the risk, and the time and understanding to recognize good points to do it. All of which favors the billionaires and their asset maintenance staffs.

Another type of "safe" option play are credit or debit spreads, where risk is limited. In these you sell a CALL or a PUT and take the premium of selling it as profit. However, to limit risk you buy a CALL or PUT to partner it at a price that is $5 or $10 off from the one you sold ($500 or $1000 in real money since contracts are 100 shares) so if you plan it right you get to keep the premium you sold for minus the lower cost of the one you bought as profit. No need to buy or hold any stock. Normally options have unlimited risk (and reward) potential when bought/sold naked. When you pair them in spreads your limited in loss to that $500 or $1000 spread value minus whatever sales premium you collected. This is how the majority of billionaires and banks and even Warren Buffett make their day to day money. Through trading in options spreads. A lot of little wins adds up and you limited the exposure.

Lastly you can do covered calls (and probably puts). You own a stock or an option and you can sell options against what you own. As long as you sell one that allows you to not lose on the original stock or option you bought this is a guaranteed win. Say you buy stock X at $100 a share. So $10k for one block. Let's say you think it will go up to maybe $125 but not higher. So you sell a CALL on your block you own with a strike price of $125 or $130. You pocket say $700. If by the time of expiration the price never gets to $125 on that stock you've netted $700 in profit and still own your stock. If however it gets up to $130 and your CALL is exercised, you're forced to sell your stock to the guy for $125. But you paid $100 for it so you win $25 a share in profits plus you still have the $700 in the sales premium for the CALL you sold. You can also do this sort of thing merely by by buying a long term CALL and then selling short term calls against it. I have one now where we were doing spreads but there was CRASH in price a year or so ago and the price dove down to below $120 (It had been probably $170 or something when we were doing a spread). SO what we did was buy an 18 month CALL at $120. As there price has gone up that CALL has become very valuable (but because we got into it at a high price on our spread we need that increase in value to get our money back). But we've been selling CALLs against it to raise extra money to get to break even faster and get back to a profit. The only reason the huge value the CALL has that we bought a long time ago is not being cashed out is because we got into it as a recovery methods from a series of spreads that went south so we're already invested in it. If you buy long term calls with your crystal ball and sell covered CALLs against it you can bank a bunch of small incremental profits with no risk. The only risk is that if the price gets above the covered call you sold you will have to cash in the call and are limited in the profit to whatever level it was at.

These are the sort of every day trades these billionaires do and they make a ton of money through lots of small profits. You can do it too. I am not selling any advice or encouraging reckless investments. And certainly not encouraging naked options trading or reckless options trading. You can lose a ton of money fast that way. But covered calls and small spreads are very low risk and if you have the right investment advisor or knowledge you can make it win for you long term. A neighbor of mine makes a ton just doing lots of small covered calls.

Even with spreads you can lose if you're always wrong on the spread. So you need good sources of information etc but it's low risk compared to naked trading.

My point is that these big cigar guys have the capital and the staffs to do this sort of small mundane trading day after day after day and to turn things like market turmoil into big wins. It takes money to make money. But you can employ the same strategies if you dare and they're not getting help that you and I don't get through this process. They're just better set up to take advantage of it.

Anyway, I could say a lot more and I've tried to remove politics from it. Just remember that all the world's countries and all the politicians everywhere would have to be in on the conspiracy if there was a big one with cigar smoking back room guys making deals that you and I have way to also do because they know in advance of deals. Market volatility favors the big guys because they're more likely to have the means to capitalize on it and options, not actual stock, are their preferred weapons.

Chad
Hey, what language is that? I didn't understand any of it haha! Yeah, this stuff is way above me.
 
Weather is storms off and on today, got up to 74. Had a bad tooth bothering me all weekend so the Dentist pulled it rather then try a root canal. Good choice because when he started to remove it, it pretty much broke into pieces. Anyway, it is the first tooth I've lost as an adult, so at 63, I think I'm doing pretty good.
 
Speaking of the vax, I got the JJ vax (you know, the one with the soft round edges), or was that the JnJ? Anyway, got that and then the moderna since the JnJ was deemed problematic, and that's it. The wife and kids got that and every update that Japan had to offer. They got covid twice, I never did. And I am not a mask wearer. Japan hospitals require masks, so I don't go there.
I got the JJ vax once. It was a one-time thing, not a two-time thing (before the booster crap). It was also the only non-mRNA based one.

We had to show proof of vaccination at work -- both the wife and I though with different employers -- so we opted for the one time only JJ. Luckily the employers never forced any boosters so we had none.

I had Covid a few months after getting the vaccine. Just once. I was never tested but I know it was Covid -- not only based on the symptoms but because around the same time other family members were also sick with symptoms and did get tested because they had to for work or school. Only time I had it that I know of. No boosters. No problem. I would rather have avoided the first one but it was my only one.

Compare that to people I know who had the two courses of vax originally and also all the boosters and they got sick multiple times. It's not anything more than anecdotal but it's enough for me.
 
...But you are correct, it's a big club and we ain't in it.

And some think they are in it, but are not.😇

If you have any sort of extra capital it's not hard to "join" the club. There are some investment newsletters or programs that focus on low risk options trading using spreads and with as little as $5k you can start. I subscribed to one and put $5k in. I slowly put a few more $k in over time and built it up to over $20k over a few years. Probably around $23k before I had to pull it out for money for the house construction. I still have about $7k worth in the system for things that have not expired yet and I hope once I get a new job and get the house mortgage straightened out to be able to reinvest that $7k currently there once the positions expire back into the system instead of pulling it out, and start to slowly add more in to it to build it up.

That's all it takes to join the "club." That's how these big wigs and cigar guys in the back office make their money in the market. A lot of small trades using options -- spreads, covered calls, etc. that are relatively or 100% safe* over and over. Even JCM Chase and Buffet and the like use this strategy daily to make a huge underlying cash flow into their system.

The current President being the current President. if you have a bit more means, and some luck, you can turn market turmoil into bigger gains if you're watching and nimble. With greater risk of course.

* the covered calls themselves are 100% safe. Your underlying security you're basing them on still has its original risk.


BTW, Sherrel and I often talked about this off line. He was an avid trader and he was more interested in the riskier trade (still spreads and stuff but quicker more volatile and risky ones) vs the conservative ones I was doing. May he RIP.
 


last few days it's been low to mid 80s. Before that it had. gradually been going up so a couple days of 70s after the last cold spell and rain. Even today it go up to around 86F though its around 82-83F now. But yesterday the wind started up and it's been really windy all day today. There is a slow cold front moving into place and the rest of the week it's supposed to be 50s or mid 60s and a couple days of rain. back into the 70s next week.

The pic below was earlier today. All that stuff in the air that makes it hard to see the mountains is dust I think. It's not smog like we get in the winter with inversions trapping the crap, and it's not a wildfire nearby with smoke (that also happens). I think it's desert dust from all the wind.

I didn't have the cooling on in the house and the house slowly was getting hot inside. It got up to 75F inside the house. I had turned the geothermal controller onto "AUTO" form "HEAT", meaning it could function both in cooling mode or heating mode. But the thermostat was stuck either in OFF mode or HEAT mode. Today I found I could put it in Installer mode and switch the "Floor Cooling" to ON. I did that an hour or two ago and the temp has dropped one degree and should drop another by tonight (it's set to 73F for now because in Auto mode the Cooling temp us a minimum of 3 degrees higher than the Heating Temp and we had the Heating temp at 70F). We'll see how it goes and reset temps as we figure it out. It's not fast to change temperatures but once it's been set it keeps it there economically.

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