I did my annual walk to my mother-in-law's house in Everett today, this time in continual rain. I enjoy the rain in the PNW, especially after getting religion and embracing Ray Jardine's hiking umbrella over a decade ago. Ray is a Great Man of History and can do anything he likes as far as I am concerned. It was interesting to see how the heavy rain was managed by all of the catch basins and pools strewn across horrid Lynnwood, WA.
Each year I vary the route a little in an attempt to perfect it. The most linear route would be a straight run up highway 99, but that route is dirty and noisy and dangerous for its lack of sidewalks. The heavy traffic there makes it difficult to listen to Kunstler's latest podcast (he's back!) with Chas Hughes Smith on the Deep State. So I have strung together a route from Seattle to Everett that is is quite relaxing.
I did an end-run around Paine Field and the Boeing plant this year that took me past something novel, a Goodwill "Outlet Store". I went inside and was shocked.
|Goodwill Outlet Store|
In a Goodwill Outlet Store, the detritus of our Waste-Based society is batched up in blue bins and sold by the pound. For example, it's 49 cents per pound for household items.
|blue bins and price-by-weight|
This is actually a pretty decent way to get something like a Christmas tree stand or a frying pan; the thift-store junkie in me certainly saw the treasure-finding potential here. But mostly I was just depressed to see such an array of crap and to realize how much more the Goodwills and Value Villages churn through. Unwanted clothes are likely baled-up and sent to Liberia or the Congo. As for the rest, who knows. I saw lots of full shopping carts here.
The drop this week won't look impulsive until we get one of those 90%+ panic sell-off days, so the odds are here for one more rally up. Maybe we will even get a Hindenburg Omen or two, that would be swell. My count is awful because of all of the overlapping in the central waves. If I were more clever, I would tag WXYs all over it and try to sell that crap to you. But counting the move down, so far, as impulsive looks even worse. Let the Full Moon do its important work overnight.
|SPX 03-14 -- a tragic mess|
|SPX 03-14 6M|