Bat Country, watches, and thoughts
It is a fretful and nervous morning for Checklist today. I am sitting in an airport, watching my fellow tourists talk and mingle. They stare, starry eyed, at each other, and I can tell that they can hear it. They can hear those tiny little wings, even here, from thousands of miles away their noise faintly fills the air.
I am fretful, and nervous, for them, for me, for the future, because it occurs to me that they think these are cherub wings, a sure sign that they are headed to paradise, if just for a week. They don't know that there are no baby angels out there, none at all. Its bats that fill the desert sky, and bats alone. This is no paradise, no place for the unprepared, this is not vacation at all! This is bat country. And those bats are up to something.
And a week in bat country can be a very, very long time. I will return alive, once again, this i do solemnly vow, for unlike my fellow travelers, I have earned The Vision. I can see them now, I am ready.
I shout a warning to the other travelers, but they can't hear it, they don't even see me. There is an old man 8 seats down and across the row, he see's me, he has The Vision. I'm going to so sit by him now, safety in numbers.
The elections turned out about as expected I guess. Nevada, full of bat zombies, let us all down last night. But the house notn being on Obama's side is good enough to stop the bleeding, I hope, maybe even accomplish a little healing.
And the market right now, over the summer of 2010 and into the fall, is in my view, confused. It is at once pricing in deflation (bonds) and inflation (mild stock rally, commodity rally), a recovery (stocks recovering close to their previous highs, commodities again) and a double dip (bonds and trillions of dollars still largely uninvested). It is, at the same time, pricing in the destruction of the banks yet again, a double dip in housing and more.
And, on this trip to bat country, I solemnly vow to come home with a really nice watch. I haven't decided which one yet.
Hope everybody is well.