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"

Monday, October 11, 2010

a planet unto himself

Tony said "Maybe you posting is a sentiment sign in itself"


Sure, I could hedge and say "Maybe we are in Denial"...

Or some such GAY ASS LAME MARKET HEDGING WORTHLESS BULLSHT!!! the kind of Bullshit from "Market Pros" talking out both sides of their ass. Talk that makes Washington look Sane, and respectable.

But... I think here comes Aversion.... I have no problem being wrong. But ... I've called my shot.

Of course... now I want to see the technical breakdown....

No chart But ..... Lets see the start of the pattern of Lower highs and Lower lows....

Sentiment... is now 90% there. I'm not paying enough attention to see if it's perfect... or how close it is to Perfect.... Or watching CNBC... But .... Over the weekend and friday... we still had some "Doubt" in this market.... We could still need to see One more up day... To make the last bull hit buy....

Let us see what Happens....

Wednesday, October 6, 2010

Long time

It's been a great year for me. Fucking Amazing if I do say so myself.

Glad I quit spending nights Butt crunching the market. You have no idea how little I want to ever spend a night watching the futures.... Which is absolutely Futile. Or Giving a shit what all the Narcisistic Lunatics that do every day, have to tell me.
I like Doug Kass, but ask yourself every time you watch CNBC.... "Do you Want to be these people" Doug is a decent guy... but it looks like he has some solid neurosis... as do 99% of these people.... Is that what you want out of your life? Don't kid yourself... as they pretend they are "Well" or that "Everything is fine" They are not well people.
Like I was saying... Get a life... It's not that hard to watch the technicals every few days. Check a few blogs for sentiment and make a bet or two....
Ok... So... it finally seems like we have fairly positive sentiment. I'm not sure it's perfect yet.... But it's time to keep an eye out for a breakdown.
Bla Bla Bla...
Since the winter, I've Rebuilt the house, Currently doing an overhall on the rest of the property, taking care of the Barns and Garden. Had a Brilliant Garden this year, which continues to produce some Amazing Vegetables. Digging up Tons of work.
This Amazing woman is Absolutely Crazy about me. Life if Fucking Amazing....
Like I said, that fucking market will suck your Soul.... and you will become one of those fucking market vampires.

Wednesday, August 4, 2010

well

sentiment is still fairly negative.... It's a tough call.


if you are bearish, which I'm still sketchy about sentiment wise. You want to see a flat open which sells off.

I'd still like to see a couple modest slightly up days, and for sentiment to shift.

Sunday, July 18, 2010

test

we had that nice test of top setup on friday... which seems to have failed.

Now... this seems very emotional. For a "Real Correction" I would have liked to see it be a down 100 or so day. I'm a little suspect that this may not make a new low. That and sentiment is quickly negative. I'd be curious what is on CNBC.... but it's too hard for me to watch.... Maybe I'll check it out on monday.

Wednesday, July 7, 2010

what have we

Throwing a few flags in here... It could just be Basing.

last we checked. we had a nice bear trap... and still off this flag, there is a solid chance there is yet another bear trap.
Futures are down 5 right now. I've always said futures are sentiment.... so... it is hard to draw any conclusion from them. Up 10 off the close. now down 5.

Sentiment did shift quite aggressively today. It's at least 50/50 bull bear.

Thursday, July 1, 2010

here is the daily

I hate listening to CNBC.... BLECH!!! makes me want to puke.


Lots of anticipation of bad NFP.... and again... it's a bad NFP... economic data is stinko!!

we hit some resistance.... and a nice trap could be here...

it's a tough game in here...

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!

Wednesday, May 26, 2010

Morning

no chart...


yesterday, felt like a solid chance of a "Technical trap" where what we see as technicals break down, and it sucks the last sellers in.

from what I read on tv... it doesn't feel like a very good washout. but....
futures are up 8

Monday, May 24, 2010

futures are down 13

the close didn't look good, nor the pattern... sorry no chart...


You still have to give it the benefit of the doubt, sentiment is grim!

but the chart does not look hopeful it looked like a fast flag... and a bad one.

who knows what the futures will bring in the morning.

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