Tuesday, July 20, 2010
7/21/10 The Departed
One of the best opening sequences to a film. If it takes too long to load the movie, try this:
http://www.youtube.com/watch?v=V4nUFxsZqpA
'No one gives it to you. You have to take it.'
-Frank Costello
I've had it with getting shafted by the ultrashorts. It almost feels like they jammed me up downtown and took the $655 out of my wallet. I'm taking Costello's advice- time to start trading the ultras the way they've been trading me. I'm leaving behind the multi-tasking entries/exits at work. Instead, I'm going after the ultras one at a time.
And if I ever catch one of the Direxion dip----s trying to shake someone down at the corner store:
http://www.youtube.com/watch?v=6iz7k_tIdEY&feature=related
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You guys and your ultras...gotta hand it to you. You're persistent.
ReplyDeleteWell, it was the 3x longs that helped me with that 81% gain in 2009. And it only took 2 months.
ReplyDeleteTrading the ultras requires the patience of a sniper. It's a full time job.
ReplyDeleteI guess we'll find out just how good a multi-tasker I am. I have every intention of banking money on the ultras. But that will require more than the 'casual' attitude I have now.
ReplyDelete3x's are like a shot of heroin for some people hooked after one shot. In your case it took two months of seduction. A very seductive drug and a very seductive trading instrument.
ReplyDeletehttp://www.youtube.com/watch?v=yoxHGxQw9ws&feature=related
http://www.youtube.com/watch?v=UeQsZOQqO6I&feature=related
ReplyDeleteYes, indeed. A seldom mentioned bit of trivia- it's possible to live a full and productive life with a heroin habit.
ReplyDeletebut the question is: is it possible to live a full and productive life with a ultra habit?
ReplyDelete2nd- Classic post :)
ReplyDeleteOT: My senator said "Tell Me What You Think"
ReplyDeleteAnd i replied...
Ok, you asked for it. Don't you think its time the direction of this country was actually REALLY changed? Do you know what is really wrong?
#1 Is DEBT. Look back to the past and you can see when a society is overleveraged, it eventually collapses under the weight of the debt. The amount of debt being run up pretending Keynesian economics works, is just STAGGERING. At $100 billion per year, if there was NO interest cost, it would take 130 years to pay off what has been run up since Reagan. Stop the lunatic spending. We don''t need bases or troops in ANY country except the USA. Bring them ALL home. Do we REALLY need the Federal government doing all this CRAP? Ok, maybe it was well meant intitally, but if you had to take the money out of your own pocket to pay for it, would you still do it?
#2 Is TRADE, or more accurately, lack of trade. We import so much and export some, but nowhere near what we import. The difference has to be BORROWED. See #1 on my list, DEBT. This has to END. Implement Warren Buffet's "Import Certificate" idea from 2002. You can google it. What it boils down to is that exporters earn certificates for the value of their exports, which are good for a few months, and those go into an account which they can either use to import things, or to sell on the open markets to offset their high costs trying to produce anything in the USA. Importers NEED to have an import certificate for each dollar worth of goods they want to bring in, and they will have to buy them on the open market if they don't export as much as they want to import. That will of course drive the cost of imports way up, and make American exports competitive, and at the same time result in many more jobs in the USA instead of them being outsourced everywhere else in the world as is currently the case. We can't keep printing DEBT dollars and handing them out around the world ad infinitum. Its a bubble that like other bubbles will collapse. THE IMPORT CERTIFICATES WILL FORCE A BALANCE OF TRADE, AND BRING THE JOBS HOME IN A WTO LEGAL MANNER.
and....
ReplyDelete#3 Is TAXES, and this is very ugly because we are spending dramatically more than we tax already, and the tax system is COMPLETELY wrong, having been perverted from originally only taxes on imports, to now only taxes on jobs. The thing about taxes it that whatever it is you tax, there will be less of. We don't tax imports and watch all the jobs move overseas. We tax jobs, and guess what, all the jobs move overseas. The job losses due to Walmart are from all the people that USED to make things to go on the shelves, and others who supported those who made things. Walmart and now the other retailers import the vast majority of what they sell. I heard 72% at Walmart. That's where your millions of jobs went. Greenspan and the other yahoo economists called this shift "improved productivity", but I think in reality a lot of it was just importing components from China or wherever much, much cheaper than they could be made here. Ok, you can't solve the differential between a Chinese worker's $.50 cent an hour wage vs a US worker at $10 an hour by just eliminating the payroll taxes, but at least it would help. We tax the payrolls and the jobs go away, its that simple. Ok, but you still need revenue. Tax fuels, all non-renewable fuels. Tax them by the Watt, ie a gallon of gasoline, diesel or whatever burned generates how many watts? Set the rate per Watt to raise the same revenue that you currently get from taxing payrolls. People will very quickly learn to live efficiently, and fuel imports will drop, as will the prices of the fuels themselves due to reduced demand. Renewable fuels won't need any subsidy and companies will produce them at a profit, to make a profit, and employ many Americans to produce them, instead of printing, borrowing and spending money to give to people that want to kill us.
#4 is WARS. How much of the lunatic spending has been for wars, wars we should never have been in, that we wouldn't have been willing to pay for if we couldn't just "print up some more debt" to pay for them. How many soldiers were killed or injured fighting these senseless wars? We should only go into wars that are SO important to our national defense that we are actually willing to tax to pay for them. I doubt we'd have been in any of the recent wars for long if that had been the case.
ARE YOU WILLING TO IMPLEMENT REAL CHANGE OR DO YOU JUST WANT TO SEE THE CURRENT POLITICAL BUDDIES REWARDED AS USUAL TILL THE NATION COLLAPSES? The original Constitution, before it was hacked with the 16th amendment and reinterpreted by FDR's packed court, provided for LIMITED Federal government and honest gold and silver for money, not confetti debt like the Continental Dollars were, and not spending out the wazoo as is currently the case. MAYBE the founders had a REASON to write it that way, having SUFFERED the collapse of the Continental dollar.
I've spent enough time typing this. I don't honestly believe you will do anything to change the deadly path this nation is on, but I just spent another hour trying. Its so sad that I have seen this nation ruined by you politicians to the point where I have a total lack of faith in the system at all, but that is the truth.
I pretty much ONLY play the ultra's, bit only for short bursts, hopefully. There is no other way to keep ahead of the currency debasement after tax than to use leverage.
ReplyDeletee5,
ReplyDeletethe home I will buy will have a floating deep water dock and no bridges to open water, so I'll never be trailering or setting up or taking one down again.
I need something real fast, like an Olson 30 or a Hobie 33, a Tartan Soverel 33, or maybe a J/35, but with a roller furl jib, Autopilot and a good electronics setup, including a fish finder so I can fish for my supper. LOL, might as well be doing something useful out there.
Cheapy, nice letter. Do you mind if I send it to my political hacks?
ReplyDeleteI hope you get your sailboat real soon. Where do you plan to dock it, what area?
Sometimes I think very short term ultra's are the way to go in today's mkt.
http://content.screencast.com/users/Telestar3d/folders/Jing/media/06fa3b3b-0c71-4de2-ae6f-f6bbad79fdbe/2010-07-21_0311.png
T3d,
ReplyDeleteFeel free. IMO, its the only other exit other than total collapse. I wish they would listen, but I think everyone expects a solution with no change or pain for anyone, which of course is the problem in a nutshell, that we have been printing for 100 yrs to try to avoid living within our means.
Hoping to go to gulf coast of FL. I figure with the mess there there will be bargains next yr due to economy. No state income tax there.
tof- I am living proof that not only can one live a full and productive life with an ultra habit, one can live a life that is fullER and MORE productive.
ReplyDeleteI am also a proud alcoholic, gambler, and avid collector of speeding tickets ;)
Holy ---t! I just finished a 'back of the envelope' calculation of how much greater my losses would have been had I held onto my ultrashorts overnight.
ReplyDeleteA $655 loss (taken somewhat late, but quickly) that simply pissed me off would have risen 5-6 fold...
Side note- I made some money yesterday trading TZA. I noticed my exit price on one trade was 40.62. This morning TZA has a 35-handle! They don't call them 'ultras' for nothing...
I just opened a small position in FAZ @ 14.52, for no particular reason other than euphoria over having closed two positions yesterday @ 15.9x...
ReplyDeleteLandry-
ReplyDeleteRandom Thoughts:
I remain concerned about the recent sideways action.
Tuesday's action confirms this. Up big after recently being down big.
This has a lot of bulls excited.
I don't think one day changes everything--at least not when you're stuck in the middle of a sideways range.
The database isn't producing any meaningful setups. I have zero on my watchlist for today. This is usually a sign to step aside and let everyone else fight it out.
Morning guys,
ReplyDeleteI've heard it straight from the horse's mouth....
The summer low is in...
We are heading higher and any shorting action will be punished severely.
2nd don't touch the ultra shorts today or probably this week.
We will rocker higher for the next few months.
You can quote me.
Still loaded up with lots of PAL and glad.
shark- Which horse are you referring to?
ReplyDeleteGRS found a bottom???
ReplyDeleteI got the memo:)
ReplyDeleteAlso, on a related note, Uncle Ben is going to lower the rate the Fed pays for bank deposits to zero from 1/4 percent.
And this should be a multi-day if not multi-week affair.
ReplyDeleteZero percent? It that doesn't get me a lower mortgage rate, I'll have to complain.
ReplyDeleteDon't worry it won't.
ReplyDeleteWhat it will do is discourage banks from not lending money.
V @ 72.80...
ReplyDeleteFAZ off @ 15.07...
ReplyDeleteNice sucker punch to the ultras!
Bidding XCO @ 15.02.
ReplyDelete2nd- "Go Sugar" has 2 meanings now ;)
TZA- the trading range has already encompassed 35.75 to 37.28?
ReplyDeleteLooks like I missed XCO by .05.
ReplyDeleteF!...That was a 2.5% miss in XCO trying to saw a dime in half.
ReplyDelete"on a related note, Uncle Ben is going to lower the rate the Fed pays for bank deposits to zero from 1/4 percent. "
ReplyDeleteWell it's about frickin' time Ben did that, it's shear lunacy to pay banks at this point not to lend!
It might be a useful tool in the future but not while the economy is jobless.
Looks like it going to be one of 'those' days...
ReplyDeleteCP- Still trying to worm my way back into CADC....
ReplyDeleteI noticed SSO and TNA were the same price recently.
ReplyDeleteCADC - I'm contemplating adding, there's a heck of a lotta upside potential in this one.
ReplyDeleteIt trades incredibly thin but I'm betting earnings will blow it out of the water.
XIN doesn't trade so thin.
Bidding UNG @ 7.50. Yesterdays low.
ReplyDeleteAll right TOF...time to break out the bobble head dolls. If we stall out here, back down we go.
GL guys. Bust day for me.
Yikes...My day change is $1.00. Ciao...
ReplyDeletemark / 2nd / shark > i'm on record as saying we go higher, possibly to the 1,150 to 1,200 level again. i don't think this bull market run is over quite yet. unemployment claims tomorrow are huge in my mind.
ReplyDeletePlayed long gold contracts last night from high $1180's and closed out twice for a net gain of $1780, putting that account back at all time high. Still have one account $114 below its all time high and hunting for a trade there, today, as idiotic as that might sound...
ReplyDeleteTBT looking cheap with Ben coming up to bat next.
TBT - Looks cheap to me as well, most everything looks cheap recently including gold even though it's at more than twice it's 2008 low.
ReplyDeleteRAS getting some big volume orders...earnings pre market on friday.
ReplyDeletetof- OK. I'm on record as saying we go much lower this summer.
ReplyDelete2nd - I wouldn't have placed you as a collector of speeding tickets, you seem like such a cautious fellow.
ReplyDeletejust can't bring myself to buy TBT before ben makes it crash
ReplyDeleteTBT - The only issue I have with it is my belief the FED is buying Treasury paper and will continue doing so. Even so, $47 isn't a stretch of the imagination.
ReplyDeleteIt all works fine as long as the speeding tickets and the alcoholism stay in separate compartments...
ReplyDelete2nd > it's a battle! perhaps we go much higher then much lower?
ReplyDeletecheck out the action in copper today. FCX is reacting well to this.
Did you guys notice shareholders doing the EZ-Rider on HOG yesterday? I didn't find out until last night...
ReplyDeleteFCX having a nice positive effect on SCCO as well. SCCO reports tomorrow, perhaps some folks are placing their bets?
ReplyDeleteTED spread cratering now. Funny how the bears don't mention this now that it's going down but were all over it as it was risiing.
ReplyDeletetried playing TZA but lost $630 trying. I won't ever try that again
ReplyDeleteTweaker bears pray for economic destruction like Goth's pray to the occult.
ReplyDeleteAs usual i sold too early. It would have been a $4000 gain selling TZA now, but there is no liquidity in it anymore, though so too dangerous to ever attempt again
ReplyDeleteMy buy stop order for 1000 shares of TWM was triggered this morning at $22, and I just sold these shares at $21.75 (since stock indices are once again showing intraday strength), placing a buy stop order at $21.80.
ReplyDeleteBought 1000 more TWM at $21.76, placed a sell stop at $21.68 for all TWM.
ReplyDeleteHoly fuck! What an evil action! A spike up, followed by a monster spike down! I am stopped out...
ReplyDeleteOK, I am placing a buy stop order on TWM at $21.85 and forgetting about it. If the market is strong today, TWM should not get there. On the other hand, there is still a chance of an unexpected late afternoon collapse, which I will catch with this order.
ReplyDeleteWhat a crazy day! My buy stop was hit again and I am back into TWM at $21.86. No more stops for me...
ReplyDeletecheated by the fed.
ReplyDeleteI never got the testimony that moved the market even though I'm signed up to receive it.
email arrived 7 min late, just after the email with a summary of it by marketwatch
ReplyDeleteall opportunity lost
ReplyDeleteUh-oh, not looking too bullish right now...
ReplyDeleteWell, at least my buy stop got triggered exactly by the event it was supposed to catch: an unexpected late afternoon market collapse...
ReplyDeleteBought 500 more TWM at $22.38.
ReplyDeleteDavid- The correct expression is 'Holy shit!'
ReplyDeleteEnglish lesson for the day.
Damn- should have held on to the FAZ. But then, if I HAD held on yesterday, it would have been a pretty long wait for this spike down...
ReplyDeleteReally, the only way to game the ultras is to treat it like a table game...
Man, you are one risk-taking dude, David...
ReplyDeleteBought 500 more at $22.25
ReplyDeleteIs there any 'news' related to this sell-off, or is this just a random out-of-nowhere sell-off?
ReplyDeleteYeah, I know -- I am being silly..
ReplyDeleteWhat I would do is take profits on the 21.86 shares and reload the rifle one round at at time...
ReplyDeleteOf course, things are going your way right now, so what do I know...
ReplyDeleteIs all this related to comments someone is making about the financial reform bill?
ReplyDeleteBernanke offers no optimism but prepared to take further action (always firefighting).
ReplyDeleteHotels turn a profit.
250 more shares of TWM at $22.16...
ReplyDeleteThere is an outside chance that we close below 10000.
ReplyDeleteSell-off picking up speed...
ReplyDeleteGo TWMmmmmmmmmmmmmmmmmmmmm...
Trading vicariously beats not trading at all....
ReplyDeleteDay trading lesson for me today: wait for a nice U-shaped pullback before entering a trend -- this is a MUCH safer entry...
ReplyDeleteDavid- What is is Landry likes to say- 'Trail and scale?'
ReplyDeletePlacing a sell limit order at $22.58 for the 1250 shares of TWM I have added to my original position during the TWM pullback.
ReplyDeleteOn a second thought, I am changing that order to a stop at $22.15 for these $1250 shares. There should be a limit to how much risk I can take on...
ReplyDeleteIt's going to take WDC a decade to implement any meaningful corrective actions, by that time it won't matter, the economy will be toast. They're too well paid.
ReplyDeleteDAvid- Why not just sell the whole freaking 1250 right here at 12.35?
ReplyDeleteWill keep moving that stop up if TWM will enter another moonshot phase...
ReplyDeleteWait, wait....this is not looking like a normal sell-off.....
ReplyDeletethis looks like Black Wednesday coming out of the blue, exactly the way it's supposed to....
ReplyDeleteThis will continue as long as Bernanke keeps talking. I don't know what he's saying, but he's not following the script...
ReplyDeleteActually lowering my stop for now to $22.10, to have it below the lowest level reached by TWM so far during the pullback.
ReplyDeleteI don't get it! S&P made a new low recently, but TWM didn't make a new high!
ReplyDeleteAnd now TWM is actually WAY below its peak reached during the first spike up!
ReplyDeleteMan this kind of reminds me of that other 'historic' late morinng sell-off, aka the 'flash crash.' I have to say I love watching stuff like this..
ReplyDeleteShould have been trading SDS instead...
ReplyDeleteDavid- That's EXACTLY the kind of bullshit I've been referring to- the ultras do NOT act right...
ReplyDeleteThe ultras are all a little 'funny.' They're 'off.' They're just ----ing WEIRD.
ReplyDeleteIt's truly frickin' awesome how human nature works, isn't it? Last hour should be something to WATCH.
ReplyDeleteMoved the stop up to $22.40, so as to sell at a profit all the TWM shares I have added on the pullback. Got lucky this time.
ReplyDelete2nd_ave -- to be honest, I think this is not the problem of the ultras but is simply the difference between Russell 2000 and S&P. They do deviate intraday regularly, and I've simply been caught in one such deviation...
ReplyDeleteMoving my stop up to $22.50...
ReplyDeleteSDS -3.2%
ReplyDeleteTWM -3.86%
seems ok to me, great trade David
OK, stopped out at $22.50 out of the 1250 shares I added during the TWM pullback, for a total gain of $270, which compensates for the $200 loss I took earlier on TWM by getting stopped out and then re-entering again. So now I am back to the original position of 1000 shares which I purchased at $22 this morning when my stop got triggered...
ReplyDeleteT3d -- periodically, TWM and SDS do sync up. But there are times when they differ. The small cap traders have simply panicked first during the sell-off and drove TWM much higher than SDS, and so even though SDS was making new highs for a while, TWM was not. But then TWM broke out to a new daily high, and this is what I was banking on. I simply could not believe that this sell-off will be done in one smooth U-turn -- I expected a pullback and then a new high in the ultras...
ReplyDeleteYesterday, I exited my TWM completely at $22.24, and this morning I re-entered at $22. So even though I feel totally frustrated by my day trading, it is actually "saving" me some money so far. If TWM makes a major move higher over the next few days, then my TWM re-entry will feel like "making" money, and not just "saving" it by getting in and out of the ultras during the market uptrend...
ReplyDeleteJes, it is like a big French Kiss by most of the senators for Bernanke. Sickening.
ReplyDeleteNice piece by MtnGtnx
Re: Why we should listen to Bill
Submitted by MtnGntx (144 comments) on Wed, 07/21/2010 - 12:27 #66067 (in reply to #66052)
First,
HAPPY BIRTHDAY BILL CARA!
In response to Noonan..... Now the generations that have led us blindly, naively, selfishly and without further thought into the current morass of despicable financial, political, medical, you name it... corruption and malfeasance wants to blame the younger generations for the CRAP we are currently enduring!?!!?!?!?!
I am in my very early 40's. I have been following the elitist agenda of dismantling nation-states for over 20 of those 40 years. I have watched the meticulous and pre-meditated destruction of my nation's economy. I have watched as our media was consolidate and propagandized. I have watched as rampant, unchecked, and merit-less development decimated the pristine environs of my youth. I Have watched as the public educational system was methodically dumbed down and made irrelevant. I have watched as the wall street titans and our politicians shat in our communal nests... sickeningly greedy purveyors of financial destruction hell bent on usurping what has never rightfully or lawfully been theirs. This young man watched the the confusion and consternation of my own parents as I tried relentlessly and without effect to EDUCATE them about from where this idiocy was being dictated and to where it would enevitably would lead. I have been correct at every prognostication (just ask my parents) and resented at every turn for this accuracy because it threatened their safe yet false world view.
For my own unique brand of masochism, I have endured a deadly education dictated by the interests and effects of self centered pharmaceutical and insurance industries as well as the indescribable indoctrination of our care providers into an ignorant, sub-standard, self-perpetuating arrogant dogma of half-truths and archaic, barbaric, BULLPUCKEY known to us as the "best medicine" the west has to offer. Medical institutions and industry has long since been infiltrated and managed by the same elder elitist agenda that promulgates that the best policy for the masses is utter control and enslavement. Degrade the peoples diets. Contaminate the masses with toxins in the form of innoculations and medications. Corrupt the peer review process, centralize and control medical accreditation and eduction, subvert FDA to perpetuate, repress innovation and technological development that would make any true difference and promote anything that destroys, compromises, or undermines true health... Outlaw, demonize, corrupt, and disrupt true health practices and promulgate false beliefs and procedures under the guise of science to further degrade the mental and physical competency of the masses.
Continued:
ReplyDeleteLet me tell you.... and understand this very, very clearly.... The medical and scientific community is just as compromised and "ill" as our current political and financial arenas. And just like the highly paid and well educated economists and politicians whose utter ignorance and ineptitude we suffer daily, we also suffer the same intellectual and moral bankruptcy in health science.
All of these experts suffer from an inaccurate perception of reality within which they live and work. The distortions that cloud their perceptions and judgment were meticulously nurtured and reinforced to the point that the vast majority of these individuals are not even consciously aware of these errors. And more importantly, they are fiercely dependent upon and defensive of the control systems, the propaganda, the fallacies and inadequacies under which they suffer.
No, Noonan, our circumstance will not be yoked by youth. The blame remains well away from age-isms... If anything, it will be the rebellious and in-gracious attitude of a repressed younger generation that finally breaks the logjam of filth and vitriol that is destroying this planet. Things will only change when youth seizes power and control away from a very old and ingrained system that has manipulated reality covertly in accordance with dogma dictated to us by our hidden ELDER controllers and their forefathers.
To my parents and their peers I say, once again, somnambulance is no longer a viable political policy! I have always aspired against my own better interests to educate within this reprehensible circus called public life, as have many, many of my contemporaries.
SO, NOONAN, DON"T BLAME THIS ON US!
Web definitions for somnambulism
ReplyDeletesleepwalking: walking by a person who is asleep
Bidding XCO @ 14.68. Pulled UNG order. Got to run.
ReplyDelete"The fed WILL act IF"
ReplyDeleteAccording to all the intervention belly-aching I've read, there should be a positive response to the FED's standing aside.
Guess commodities have limited upside potential from here...UNTIL.
jeez...i leave to go to a taste testing for my wedding and come back and find the market shit the bed. my precious RAS closed down 9% from the highs. argh.
ReplyDeleteyou ultra short mofos must be pushing the markets down. they need to get rid of those things (longs and shorts) because everything across the board is moving in the same direction.
Gosh-golly, lookie what just happened to SSN... Ya think maybe the momentum players decided to cut and run?
ReplyDeleteTOF - Didn't realize that kind of pre-marriage activity was condoned...
ReplyDeletewow,
ReplyDeletemust be a strange mixture sun spots and heat waves. my oh my soap box issues on a a liquid crystal screen! an elegant short synopsis from a very brainy alcohol survivor [ please have your liver tested ]; an elaboration on hard money a depressing vision of the future by pragmatic bob; more on cheapy later; Telestar3d provides a we the younger people, tom pain-like broadside, about medical practice big pharma being all seized up in omnicient follow the current certified blind ended trail countered by david's experiential running comment
e5
chicken - this wedding thing is costing me in more ways than one!
ReplyDeleteby the way, WTF are people looking for on eBay? Company is worth $26 Billion ($20/share). Has $6.5 Billion in cash. Back out cash and the value of the business is $20 Billion or about $15/share. It is generating $2.5 Billion and rising in free cash flow each year. It is trading at 9 times current year's earnings ex-cash.
David- Nicely done! Glad it all worked out. Tomorrow I hope to join in on the action.
ReplyDeleteI have egg on my face.
ReplyDeleteSHARK
ReplyDeleteJust curious, why did you make that comment earlier about the bottom being in? Was it just a whim or do you really have a reliable source
vb
vb - my own personal source is my brain and lately its been reliably wrong. so in a way it is a reliable source.
ReplyDeleteKass on Fast Money -- range-bound 1025 to 1150 FWIW
ReplyDeletehttp://www.cnbc.com/id/38351422
sharkie,
ReplyDeleteI might have to punish you!
kidding of course (*^&%(&^
vb
continued wow
ReplyDeletebob you have a great plan moving to fla deep water [8' mlw?]floating dock to tie up a cheap high tech boat. the open transom and bulbed keel will always save your ass, even in a knock down. in re the future,we part company, fdr is on my hero list. any pres can only present a plan, administer what congress has mandated. he was up against tenured grafting scratch your back aristocratic blow hards.
the thing that saved us was we the people suffered pai. first individuualy, then collectively,it took 2 two yr elections to replace enough bums to pass the glass seegal act. a simple division in re conflict of interest. since the recidivistic congress can be influenced to rule bend as reinterpretation for special interest, that confusion, has got the conflict of interest back to pre G/S act.
bob hustle down to fla, they'll need your honesty and verve when you run for state senate. this is the only country where we the people can collectively react to change local and national governance.
ts3 som of us tend to be academic. as you approach 80 and have unyielding personal medical issues ,you may be surprised by your own effort to refhink how non aggresive altrnative work. look up embodied cognitive practice. its a big te sprouting new ideas every day. we the people are drifting toward alternative methodology, older folks are scared out of their wits. eventually the whole system will bankrupt itself.. to much money spent on keeping terminal and 5 year cure people in the line up, yes sir, do not resuscitate me is tattooed on my chest. that screws up who decides to pull granny's plug! i enjoy my slow motion head.it has defined direction in biological and neurologically basic bilaterian terms
e5
is everyone losing their mind?
ReplyDelete2nd please, can we have some happy elevator music?
ReplyDeletewith ducks
ReplyDeletevb--
ReplyDeleteI don't think so....
What does Vad say...'Just another day in the office...'
interesting that more overbought stocks than oversold ones as of yesterday in the RSI site I follow:
ReplyDeletehttp://rsi-trader.blogspot.com/
maybe my bullish stance should be moderated? if we close below 1,045ish then i will have to close out and move to the sidelines.
tof - Paying attention to RSI is something I do as well. It's usually the first thing I note when looking at a chart (RSI 'blocking' actually...is the chart in an RSI>50 block or the reverse & then I look at SRSI next). SPX has been in an 'essentially' RSI < 50 block since early May...that is the trend
ReplyDeletenew post
ReplyDeletee5,
ReplyDeleteI'm looking at mostly older boats. Of the 30 boats I have saved links to, there are only 2 with open transoms, and don't have bulb keels. Could you explain or point me someplace to read up on why I should look for that kind of setup.
Also, I'm hoping to find a boat that draws less than 6 ft to make it easier to do any island hopping type trips