I poke fun at Technical Analisys, and yet, I live by it. I think most Traders are morons, and most brokrages are fucking Shills, more likly to tell you the wrong thing than the right thing.
So, the great Brian Shannon. Without sounding gay, I love that guy, and his blog. He got caught up today with some Troll mocking a ballsy call of his.
If you notice, I try not to Hedge. I try and say where I think the market is going, I make a Ton of Bad calls, and Hedged calls... Like today I called for 1422 and 1430, But based on the jobs number I figured we were going lower... and I called for 1400 and 12700... and yes I was again wrong as we closed at 1411 and 12800...... So, Yes I was Wrong and Wrong Alot. But of all the Permutations of how a day can turn out, Those are some amazing calls IMHO. And I continue to make money.
Last time Brian had such problems he killed comments, and when he opened them back up, I told him that it wasn't going to last, because he cares to much about what people think.
I've been at this web thing for a long time, since Gore created the damn thing *wink*. Anonymous monkey fucks will say just about every unaccountable thing that springs into their head, whether it's the shit that the spaceships are beaming through their TinFoil hats, or just some Ignorant Dribble that rolls around like marbles in the squirrel cage they use for a brain, or even Just some Residual Abusive Bullshit left over from their childhood where instead of hugs and love from their parents they were hit with boards.
But I digress, The point is, the beauty of the Internet is it's inter connectivity. And the Sharing of opinion and information. For the most part, it's noise and not content. Flaming Trolling Arguments, should be avoided. I for one have little time for extended Boring Dialogues about how the Jewish international bankers are trying to control our brains...
Though I can throw a fairly hard rant about Corporate America, and it's ability to convince you(probably not you specifically, but the Global You). To think that buying a bunch of unneeded Shit, is going to make you happy(which just makes them assholes, and you a moron), and is not a conspiracy.. and is more a function of natural selection.
Overall, what I'm getting at is that, there are only a few hours in the day, and spending a ton of them trying to convince a bunch of mouth breathing morons, to smarten up and get their heads out of their ass, about "Jewish conspiracies" or "White Supremacy" or the other thousand paranoid narcissistic theories out there. Isn't setting my priorities straight.
Though I can throw my opinions around like a Troll, and have a tendency to mock the stupid, and throw out some PPT paranoia. I try and stay away from it, I'm better than it, and moreover, I don't have time for it.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, January 4, 2008
Alpha Trends
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