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

"Sell down to your sleeping point"

Tuesday, June 29, 2010

what have we....

This is kind of fucked up as an E-Wave count. Even as an ABC.... From my read... seems like we are close to a bit of panic. Many people took notice of the market today.

Tuesday, June 22, 2010

There she went

and I didn't have to watch CNBC or watch futures all night or anything......

Monday, June 21, 2010

that is what you are dealing with

Futures up big...

Wednesday, June 16, 2010

Morning

No chart... we had some push through on some technicals yesterday. Which means nothing to me... but it does to some people.



Wednesday, June 9, 2010

We are saved!!!!

Maybe not!

Tuesday, June 8, 2010

no chart

Sentiment wen't wonky Yesterday.


I figured it was a good day to unload some and play with some hedges.

who knows... but things just hit a level of strange by the close monday.

and now I have to watch it.

Monday, June 7, 2010

selling continues

see. I don't see any reason to sit around watching futures.


yesterday they were down 15 when I went to bed. Down 7 when I got up. and up 3 at the open.

What is the point of that?

to make your life miserable? and you are just stupid?

oh well..... obsess over the futures...

and sleep shitty!

no chart... maybe I'll look at it in the morning... but...

Test of bottom!!!

bla bla bla

Friday, June 4, 2010

Okidokie

No bounce... Impressive. I'm covering some into the close. I earned my money, watching this all day.

Very optimistic on that NFP!

If I feel like it, I'll show you some patterns. This is sort of in-Between. There is some very funky Sentiment out there. I'm in the middle of about 5 projects, it's hard for me to get any perspective on that sentiment.


Feels like we are at some kind of Decision point on it.

but there is always "Manic Monday", or the anticipation of such.

Good Luck everyone!

Seems to me that many of the day traders, at the end of the day are going to Try and be short and have to cover.

Wednesday, June 2, 2010

the great gaza strip V

There is no good reason to sell it. So Flat on my end... If I want to play it long again... I can do that tomorrow.


I'm telling you! the market will make you crazy and will suck your soul if you let it.

Tuesday, June 1, 2010

action

I told tony on Friday that red upswing looked like a failure or a double top. We gap faded... and we got the dying swan.


So... now we have a downswing of some sort.

But Like I said, Market is going up, Market going down. It's easy. Don't lose any sleep over it and take care of yourself.

Watching the tick chart all day, is "Pretending to work". You should be able to do that and have a decent life... Or what the hell are you doing? Going to wait until you are 60 or 70 to live?

You are alive... Live!

Good morning

futures are down.. 15 which isn't a shit load... so that is good for the bears.


I spent a few hours looking at things over the weekend. You have to understand... I sleep well. 8-10 hours per night. I work all day, unless I goof off, I put in 12-16 hour days. Goofing off is a few hours of cycling. This isn't 6 hours of work of staring at the TICK chart trying to convince myself 'I'm working' then trying to get other work done.

the market is going up, or the market is going down. It's that easy. It's hard because your money is involved.

I spent a few hours on friday... and a few hours on the weekend, in Market land... You People are in HELL!

I don't know why Y'all do it to yourselves. Staying up all night, Stressing... Gritting your teeth. I guarantee you will live 10 years less if not 30... and look at what your life is like! 20-50 years of "Tick Chart".. and listening to the Blubber fest of CNBC and Bloomberg.

There is a whole world going on out there. Check it out!

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc