Daytrading Workshop online....the entry fee.....

Mountain Hope Clinic serves the needs of those who don't have insurance and the amount you pay depends on your ability to pay. You can read up on the clinic at their website http://www.mountainhope.org/donations.html but you will have to call them one on one to actually donate at this point. Ask for either Elaine or Mary Vance when you call.

Everyone knows that I am a pet lover, since three goldens roam the house and call out trades all day and somewhere around here there is a cat sleeping. Too lazy to look out the window at all the birds, deer, turkeys, bears that are walking around the property from time to time. So if you are an animal lover more then a people lover here is where you should go to donate. http://www.sevierlibrary.org/humane/ and find the donate tab and click it on and do your thing. Now if you want you can call and ask for Jane, she will be more then glad to help ya....

And then there are the kids, if you like kids more then people and anamials this is your place to so and donate to. http://www.bgcsmoky.com/ under online donations, just click thru the process, but if you would like to call someone and talk one on one, then ask for Sue.

You can split your donation between any of these local charities, give the $250 to one or between them, that is up to you. Shoot, you could even give each $250.00 and make their day. Once you have donated please send me an email and as soon as the charity email me that you have completed your donation I will send your manual, so you have time to study up....:) The place to go for the workshop and the password to enter....of course, we will need your userID so we don't have anyone trying to sneak in.......

Well we have a solution......to the daytrading workshop

I have gotten several posts on the blog and a bunch of email saying mainly that if people wanted to come...well they should be able to. They personally would be willing to give being up at the house the whole time, so those who wanted to come could. There were a few jokes thrown in there, but I was amazed at the response.

At the same time, I have had several folks outside the USA ask if it was going to be recorded and if it would be available. Some just can't afford to come to the workshop, at this point, in the their trading career. Even folks here in the USA want to come but some can't afford it, for a number of reasons. Those of you who actually know me, know that I will go further then anyone to help someone. I believe in the idea of leaving the 99 sheep to go and find the one that is lost. In Fact, if you are a believer, then you know that is what you are expected to do.

Now I don't want anyone to get the idea that I am a Saint, a goodie two shoes or trying to blow my own horn, it's just who I am. I don't walk the same path that others do, never have and most likely never will. People have always had issues with this ever since I showed up at the first grade, because I ask questions, I keep asking questions until I understand completely. Questions make people uncomfortable at times....and that is why, I believe, they have issues with me. Ken Wood had the same problems because I asked questions, questions about the cash at the door, questions about give backs, questions about not seeing donations made to Make-a-Wish and so on.

It's so important to me that when you reach out to me, I have to try and help, this doesn't mean that I have the holy grail, nor does this mean that after the workshop you will be making piles of money either. I have gotten emails and letters from folks that I have tried to help saying it has made a difference, some small and some big. There are the others that I never hear from again, and I understand that is part of it....

But for those who can open their minds, even for a few days, listen to every word instead of playing on their laptops, that they take all the information and then go thru it one step at a time, there will be something that could turn the ship around.
Ruth 3:13 is an important verse to me.....why are you reading this blog at this point in time in your trading career....in your stage of life? Do you believe it's an accident or fate?

The workshop is full, and that is a fact, but there are people who are reaching out and asking to come, their stories make me think about the times in my life that I reached out for help and no one was there. There was no one to answer my call for help, oh I am not looking for pity either, because a closed door is only the opportunity to look for a better door, a bigger door and once you believe in yourself and also a believer and that door opens then who would be able to close it.....NOBODY!!! And that makes people uncomfortable around me also, because they know, they can feel the difference and they react accordingly.

So for those who can't make it, for whatever reason, like taking care of their parents with health issues, or the cost of flying from over the pond, etc., I understand and want to reach out and help you........

The cost of the workshop is what you believe in your heart you can give, and during the workshop the three local charities come and speak about the work they do here in the Smokey Mountains. Then the attendees have the opportunity to write them a check, to one charity or between two or to all three. I don't even know how much you give, WHY? Well, it not about me, it about you giving from the heart and that means it's between you and your God.

I will be setting up a way to have the entire workshop online, from early Saturday morning thru the dinner that evening, all day Sunday and the entire live trading on Monday. But, in order for you to join the workshop over the internet, you will have to make a $250.00 donation to one of the charities, DIRECTLY!!!

I will post the website links and local address, phone numbers and contact person at each charity so you can make a donation. Once this is donation is paid, they will send me an email and I will forward to you, the place to go and the password. A manual will also be sent to you that we will be using at the workshop. This way we can stay at the house, which is a great place to spend 3 days, and also allow everyone to join in.......

Let me know your thoughts.....

Houston we have a problem.......

Well we are sold out.....but since it's actually free not sure if you can say...we are "SOLD OUT" but there isn't enough room left at this point that if you had to change your mind, you would have to walk outside first.

We have room for about 70, and we have a waiting list as of tonight with 23 more people that believe this is the place for the holy grail and want to come....so the questions tonight is.....

1. Move to the convention center next to where everyone is staying.....and then come up for dinner on Saturday night....so everyone that wants to come CAN.
2. Keep things are they are so everyone can enjoy the mountain view, walk around the ground between yada yada and forget about those who we can't fit in.....
3. Let them come and sit on your lap.....

email me at dbolzes@chartertn.net and vote....or post your comments....

Words of wisdom from Larry Williams...

"I think the easiest way to overcome emotions is by not making big bets. If you make big bets you become very emotional and that is what the public does, they bet more than their emotions can handle. I think the best formula for a technician is from Einstein, E=MC2 because what that tells us is that E is your emotion equal to your money multiplied by the square of the number of contracts your trading. Everybody bets too big and then they get emotional, and a lot of your emotions can be controlled by your bet size. You still can become emotional with the markets, but every time I put a trade on I know where my stop is and where my risk is. I’ve already accepted that I can lose that amount of money on the trade and it’s done, what else can I do?

The interesting thing about that is if you look at all the great athletes, they can always come back. That means you need to have the energy and the stamina as well as the skills. In trading the only way you can come back is if you have money left - the most important thing for a trader is to have money left. If you bet big, you’ll lose big, and then you can’t come back."
Larry Williams....:)

Now in life you think you see things that are real, just like looking at your charts and you think you see an ideal setup for the trade. Your mind might see one think but in reality it something else.....get up walk back 15 feet and take another look at Albert Einstein....

So what are you missing on your charts.......we bought the market all morning with a target of 743.30. Which we hit.......nice morning in the chat room...no one shorted ROTFL.....

George Carlin 's Solution to Save Gasoline

George Carlin 's Solution to Save Gasoline

Bush wants us to cut the amount of gas we use..... The best way to stop using so much gas is to deport 11 million illegal immigrants! That would be 11 million less people using our gas. The price of gas would come down.....

Bring our troops home from Iraq to guard the Border....
When they catch an illegal immigrant crossing the border, hand him a canteen, rifle and some ammo and ship him to Iraq ..

Tell him if he wants to come to America then he must serve a tour in the military.... .
Give him a soldier's pay while he's there and tax him on it.....
After his tour, he will be allowed to become a citizen since he defended this country..... .
He will also be registered to be taxed and be a legal patriot..... .
This option will probably deter illegal immigration and provide a solution for the troops in Iraq and the aliens trying to make a better life for themselves.. ....
If they refuse to serve, ship them to Iraq anyway, without the canteen, rifle or ammo.....

Problem solved.....
If you think this is a good solution to both the problems, forward it to your friends. ............

I just did.........

OBAMA’S TOP TEN CHOICES FOR VICE PRESIDENT

BARACK OBAMA’S TOP TEN CHOICES FOR VICE PRESIDENT10 Nancy Pelosi: looking at her everyday, there’d be no temptation to pull a Lewinsky.
9 Dennis Rodman: play hoops with fellow Chicagoan, added bonus, his dresses won’t clash with Michelle’s.
8 Neil Young: shut the friggin’ Canadians up once and for all, eh.
7 Harry Reid: the best sourpuss in the country to represent the US at State funerals.
6 Jack Bauer: ‘mission accomplished’ against terrorists.
5 Ted Kennedy: a lock to get the lapsed Catholic vote
4 Al Sharpton: ‘Joy to the World’… “Jeremiah was a bullfrog but Rev Al is a good friend of mine…”
3 Barbara Walters: who better to handle pork with senators.
2 Michelle Obama: who will need the defibrillator first, Rush Limbaugh, Sean Hannity or Ann Coulter.
1 Bill Clinton: the Dream Ticket, second black President and the first black Vice President.

JAB

I wonder which one you will be???

I wonder which "ONE" you will be, will you be the "ONE" that reaches their goal in trading or in life? Or will you be the "ONE" that drops out and goes works at something else. Which, "ONE" will you be, the "ONE" that does just OK?

Which "ONE" will you become and why not become the best you can be???
Which "ONE"????

DayTrading in a tough business ...for sure.

Daytrading has always looked like a get rich quick idea from the word go, you just need a computer and an account. Since you are smarter then everyone else, it's got to be simple, RIGHT? Watch CNBC before the open, listen to Joe and Maria talk about the hot stocks and then buy them, when they go up 5 cents...cover and by using this indicator that Bob the Guru sold you, You'll just buy it again and make another nickel.....ALL DAY LONG.

You really don't have a clue about what a trading plan is, oh yea, you have heard some empty head talk about it, but you don't know what it is or even how to make one.
Since you don't have a solid trading plan, you can't take that and by using money management understand just how many shares to buy today or on this next trade or how many contracts or options to buy...you have no clue.

But there you are, with your $10,000.00 account ready to do battle with the rest of us.....then you find some chat room and instead of finding something you could use, when someone says,......"BUYING IBM", you lean into it, with no clue of what the stop loss should be or your target, you just wait for them to say...."Covering HERE."

Your account is not increasing like you want it to, it's actually going down, your wife is all over you for wasting your time. Your kids smile at youu, while they think you have lost your mind at the dinner table as you tell them, "I am this close, Honey, HONEST."

IS THIS YOU??????

Woodies CCI Basics Plan: According to Josey Wales

I received an email where it asked about Josie Welden trading plan and if I thought it was a valid plan. This came, I guess, off the WoodiesCCIClub.com forum from the snap shot they sent. The first thing I see is that this is the JW Trading Plan Version 6. And even this version has been revised and I also see that it's an "nital" revised version of version 6. I already have a headache....and it's just Part 1 of the basics plan.......

I liked most of it, up until number 8, so far Josie is going to trade one market, one time frame, however, then he says, "I will trade Ghosts, Vegas Trades, Famirs, Zero Line Rejects, and Tony Trades using my quick peek check list (see addendum A) before entering the trade. (I may add GB100 later)." My only question is, why not just trade the best one of these setups. Because, and I am assuming we are not looking at price here, if the Zero Line Rejects fails then wouldn't that be a Famir or a inverted something.......which means you would have to reverse your engines, take a loser, countertrend trade the Famir and lose sight that we just might be range bound without the sidewinder....ayda yada yada yada.....

Anytime I see an addendum I get nervous, I spoke to the Denver Trading Group a couple of times, but my first visit I asked if anyone brought along their trading plan. Well, this bright eyed kid with a big smile said, "YES." So I took it looked thru it, it was at least 50 pages and looked like my local phone book. I asked him as I paged around the trading plan, "What if, a terrorists blowup a K-Mart in Detroit just after the open and United Airlines flew into a building next to the CME at the same time.....where is that condition at?"

I have only 5 rules......just 5.
No more and no less......

But the part about sizing is also troubling, and unrealistic to say the least, under Part IV Consistency and Trading Improvement, Number 3. "My daily goal is $50.00, weekly $250.00. When I reach my goal for four straight weeks I can choose to increase my size, and/or number of cars." Well "IF" and I am saying "IF", he reached his goal after four weeks and actually made $1,000.00, by the time, he pays for his overhead he will have about enough money for quick trip to Jack in the Box.

I jsut don't get it at all, there are days when it's like walking around and picking up money on the ground and then there are days when you couldn't find a winner if your life depended on it. Why after making a whopping %50.00 (YOUR GOAL) would you stop trading real money, if it's one of those bend over an pick it up kinda days......TRADE THE CRAP OUT OF IT MAN.

But then again, the greatest thing about trading is we all have our own style....I personally don't think you need to have a 50 page booklet to tell you to stand up and stretch.....every hour. and learnin 3 "NEW" things a day.....WOW. Just trade the damn patterns MAN.....



Josie Wales Trading Plan Version - 6 Revision – Initial
Part I Woodies CCI Basics Plan:
1) I will always follow my plan.
2) If I find that I’m not following the plan, I will STOP!!! And:
a) Reread my plan.
b) If I find a flaw in my plan I will fix it now and implement it tomorrow.
c) If I find there are no obvious flaws in my plan I will write down why I think/feel that I failed to follow my plan. (Emotions, focus, energy level…)
d) If I find myself failing to follow my plan multiple times I will seek out help. (Moderators, Mentors…)
3) I will sim trade until I have traded 6 straight weeks (30 trading days) without a losing day (Done!!!)
4) I will always set a stop loss.
5) I will trade 2 contract at a time with Targets and Stops developed from my Stats or use a standard 10 tic target.
6) I will trade one Chart at a time.
7) I will trade one market at a time, YM or NQ.
8) I will trade Ghosts, Vegas Trades, Famirs, Zero Line Rejects, and Tony Trades using my quick peek check list (see addendum A) before entering the trade. (I may add GB100 later)
a) Ghosts, ghost include, a regular Ghost (Gh) and Mittens Ghost (MG). GH an MG are described in Woodies Manual Ver. 1.2.
b) Vegas Trades (VT) according to Woodies Manual Ver. 1.2, must have a true HFE.
c) Famir (FA) according to Woodies Manual Ver 1.2, in addition, I will not take FA if it does not have a legitimate swing high/Low, roughly 5 CCI points.
d) Zero Line Rejects (ZLR) according to Woodies Manual Ver. 1.2. in addition, I will not take a ZLR with less than 20 CCI points on Monday Mornings or Friday afternoons, I will not trade the third major swing high/low if the LSMA is against the trade.
e) Tony Trade (TT) according to Woodies Manual Ver. 1.2
f) I will not tak opposite end of bar close trades, i.e., if going long and close is ta the bottom of the bar.

Part II Psychological/Emotional Rules:
1) I will do my pre-trading ritual everyday before bringing up charts (see Addendum B).
2) I will pray/meditate everyday I can (at least 5 times a week) for a minimum of 1/2 hour.
3) I will assess my comfort level and sim/paper trade if pain level exceeds 6 or choose not to trade that day.
4) I will assess my emotions and not trade if there is any anxiety, depression, distress, anger or any other interfering emotion.
5) I will stop and assess my emotional place if I find myself using negative words (can’t, bad, struggle, terrible, stupid, too hard…etc. See Addendum B)
6) I will not trade while moderating but will annotate trades on paper and /or sim-trade. These trades will go in my stats.
7) I will express my gratitude after each trade.

Part III Physical Rules:
1) I will exercise (take Dogs for a 1.3 mile walk) everyday.
2) I will get up out of my chair and do my stretches once an hour.
3) I will get at least 5-6 hours a sleep a night
4) I will pray/meditate everyday I can (at least 5 times a week) for a minimum of 1/2 hour.
5) I will drink plenty of water and no caffeine or high sugar content beverages while trading.
6) I will stay relaxed while trading and be aware of my physical state.
7) I will breathe from my abdomen, and will do my 3 part breathing exercise if I find myself breathing high in my chest.
8) I will still plot the trades I missed and include them in my stats.

Part IV Consistency and trading improvement Rules:
1) I will keep stats and not start trading until the previous days statistics are done.
2) I will set Stops and Targets based on MAE and MFE determined from my Stats. Any trade of more than 50 ticks will default to MFE of 30. I will use the Trade Logger and Sim Trade if I am below the equity curve.
3) My Daily Goal is $50, weekly $250. When I reach my goal for four straight weeks I can choose to increase my size, and/or number of cars. When I reach my goal I will switch to sim trading. If I start failing to make my goals I will reduce my size/cars.
4) I will risk no more that 2% of capital at one time.
5) When my account is doubled in size I will remove 1/3 (33%) and use it according to my profit distribution plan. (see addendum C)
6) I will endeavor to learn 3 new things a day and recall them in my daily ritual.
7) I will do tick replay. If the charts start to appear nonsensical or I miss too many signals, stop, take a break leave the trading console for at least 1 hour.

Note to Self: This is MY plan, it’s MY trading console, They are MY charts and it’s MY account. This is what I need to become a successful trader!!!

(Addendum A is posted In Josey Wales Trading in the Woodiepedia/Forum, See Check Sheet. Sorry, Addendum B & C are private)

Woodies CCI Club and the results from the AutoTrader

According to the WoodiesCCIClub.com website these statements that are being posted are from an actual trading account using the Woodies CCI Auto Trader. Now when Steve Matrix did this, well it took me about 3 days to prove and show in this blog that those statements were false...and the outstanding returns posted were just BSski.

These statements do not have a name actually attached to them, like Woodies CCI Club, LLC., Somewhere in the desert, AZ. Nor does it have an account number even if the account number is crossed out. But let's take a look at it non the less.

The statement starts out with $4,940.93 on the morning of the first, and took several trades and ended the day....DOWN.....$26.75. Not to bad, I guess, after all the market might have just sucked on Thursday. That's it....the market sucked on Thursday.

The AutoTrader does not trade on FRIDAY, we close the second day of trading for May out at $4,901.77

So here we are on Monday, beginning balance of $4,901.77 and again it found several trades during the day an after commissions we ended up $6.56. YIKES, it actually made like $20.93 but there were expenses. You know....$2.39 for commissions, NFA Fees of $.02 (WOW, someone actually gave the NFA their two cents worth), then we had the roll charge of $.58, a OTE fee of $11.38 and finally the net profit of $6.56. SO all in all we started out with $4,901.77 and ended the day up to $4,893.56. DOES THAT MAKE SENSE.......

So let's jump over to Wednesday with an opening balance of $4,808.34 which is $85.22 lower then Monday ending balance....something ugly must have happened on Tuesday.
Well, anyways......again there was that commission thing of $13.22, then the NFA Fee of $.14, for a total Profit/Loss of .....well......$72.20 IN THE HOLE AGAIN
And we end Wednesday with an account down to $4,722.78.

Thursday, May 8th, 2008 and we open the day with $4,722.78 and after several trades we settle up for $22.03 in commission, there is that word again, the NFA Fee of $.18 and a Profit/Loss of $5.79. Well at least we ended the week on a positive note.

SO, Let's review the WoodiesCCIClub.com AutoTrader since the beginning of May. The account started out with $4,940.93 and after 5 days of actual trading the closing balance is now....$4,706.38 For a net gain of $234.55. HOLD IT, that ain't right....8 plus 6 carry the 4, divide by .618 and invert the ghost and convert to euros.......WOW, that is a loss of $234.55

So where did that money go, well the NFA made like a buck during that period, so no big deal there, not sure what a OTE fee is or a roll charge, maybe that is for the broker pay for their paper. It would seem that the commissions got about $60.00 plus dollars and the rest went to whoever was on the other side of the trade.

234.55 in 5 days would mean that this system might lose $1,032.02 by the end of the month at this rate. Of course, the commissions from this would be around $260.00. By the end of the second month, a decision would have to be made, as the account nears the intra-day margin.....send more money or pull the account.

This is not something that I pulled out of my backside, these are the fact they provided for all of us to review. When Woodies does his thing, we always boosts about having the holy grail and everyone else is BSski, he invented the leading indicator, he can front running the world, and at worse, getting out a breakeven since there will be better trades down the road. There are these 80% winners all the time and you just need to buy the advanced workshop, the DVD because that will help you.....yada yada yada.

The AutoTrader up to this point has done what anyone else can and does on a daily basis.......loose money, pay commissions. I guess the post in Wikipedia about the WoodiesCCIClub.com just being a feeder for a brokerage house was about where the hammer hit the nail on the head......
But we will continue updating to see if things change for the better before someone has to send more money to keep the account going.......anybody want to step up to the plate on that one??????

Still waiting for someone to contact me about coming to the workshop and trading along side of me on Monday.....anyone from the cult???

Is there a contest here?"

I cannot figure out why we are even bothering to hold an election.

On one side, we have a bitch who is a lawyer,
married to a lawyer . . .

then we have another lawyer who is married to a bitch,
who is a lawyer.

On the other side, we have a war hero married to a
rea;ly good looking woman with nice set of .......
and who owns a beer distributorship.

Is there a contest here?"

YEA I'm talkin to you fool.........

That's right....that's right...I'm talkin to you fool, why ain't ya answering my emails, you afraid to come and show us all how you trade for a livin. You boost about these 10 out of 10 winners you have all the time, but you drive a 14 year old pickup. You boost about how yo stuff leads the markets, well why ain't ya leading us at the workshop?

Everything is paid for, I mean yo ain't goin to have to spend a dime, it's all free to you, we knows how you love that word FREEEEEEE. Shoot, we all is goin to do all the work for you tooooooo, you'ns only has to show up and do yo thing DUDE.

The "Once an for all shut me up workshop" and you ain't even gots the stones to come and do it. I am disappointed, not surprised but disappointed!!! Maybe one of yo brown shirts can come, OPPPPPPS, I think you are about out of brown shirts these days, ain't you?

OK, you don't need to send TonyUK, I ain't paying for first class for both him and his wife and since we don't drink, where ain't enough wine in the house to keep him happy. SO, what if you sent that Josey Outlaw Wells, I have seen his movies and you love to get an autograph...send him. Dr. Satish might be OKkkkk, but I would really like PEZ, I have a collection of his dispensers......

Come on MAN.......stand up and show us you can trade.

HILLARY HOPING LATE IOWA CAUCUS RESULTS WILL GIVE HER THE EDGE

CHAPPAQUA, NY – A secret memo from the Clinton campaign justifies Hillary staying in the primary race, despite the insurmountable odds of catching Barack Obama in the delegate count. The memo claims, “After months, of thousands upon thousands of volunteers wandering around the State of Iowa last fall, we can expect to add at least 10,000 new caucusers come June, July.”

Apparently, the volunteers who went door to door left behind more than leaflets and buttons. A State election official said, “This phenomenon happens every four years, although we’re expecting a bigger turn out in nine months this time, due to the caucus being early and the colder weather.”

Merle Boyd, pharmacist at the local Rexall Drug Store in, Des Moines said, “I noticed people was buying more petroleum jelly, but I just figured it was the cow’s teats that needed it, cus of the cold.”

State Officials are contemplating whether to change the State nickname from the Hawkeye State to the Cockeyed State or even the One-eyed State.
JAB

WOW, What a picture....It must be Spring time

WOW, what a picture, it must be Spring time in the Smoky's and everywhere else. This is just a great picture, it reminds me of the story in the bible, where these guys carried their friend to meet Jesus, because they knew he would help him.
When they got their the place was packed, so they went up and cut a hole in the roof to lower him down....and we know the rest of the story.



Just how far would you go to help a friend??????
How far would you go to help someone you never met??????
How far would you go and expect nothing in return??????
HOW FAR???????

When Bob passed away, there was a reason to be sad because he was an example of a man who would go further then most to help others without expecting anything in return. You could hear it in his laugh.

Ken Wood on the other hand expects only that you work for him, to moderate, write papers, excel spreadsheets, develop code, speak at his workshops all on your own dime and once your value is spent to just pretend you were never there. The list of people that have been brushed aside is amazing. But it's going to be hard to pretend that Bob wasn't there, if fact, he was one of the last great ones.

In your life, how far would you go, it's not about who has the most toys in the end, but about the value your life had on others.........in need!!!

SECURITY SECURITY.....RED ALERT!!!!!!!!!!

GATLINBURG, MAY 7, 2008, SECURITY ALERT:
Hey, I'm not sure why you want him at the workshop. But, I heard that he snuck into the house to scope it out and planted buggin devices during the tea. IF, you look real close at this pic (just click it on)I think there's possibly some truth to the rumor, Better have the house swept.

After receiving this alarming email, we have called in the Orkin man to do a swept of the entire house. So far we have found 34 cents in the sofa, 21 empty bags of Middleworth potato chips, 13 socks that don't match, 8 presents from the cat, 5 dust bunnies hiding under my mother in law, 3 twenty-nine minutes Russell charts, 2 jars of white lightin and a Gator flag.

We will keep sweepin.......and keep ya updated!!!!!......ROTFL

The Essentials of Trading.......just click it on the pic

You want the essentials of how to trade.....well click on the picture...sit back...relax...and follow along........ :)

I love the game of trading

So today, in the chat room we were long.....well at least I was, I was able to get long at 10:09 and 720.10. At the time, I was scared to death but the internals were screamin GET LONG DUDE, so I did and posted it live.

As the rally continued moving higher and pulling back and moving higher the ticks told the story, it got to the point that if you looked at the 15 minute chart you could just feel it was going to .618 of it selloff late last week, which is 729.50.

Then it happened, I said that if anyone shorted this (time was 11:19am) they were an idiot.....kinda a bold statement at the time, but I explained why I thought it was headed for that .618 retracement on the 15 minute chart.

Soon an email dropped into my inbox, first I thought maybe it was an answer to "The Challenge" but it was a good friend from the chat room. The subject line read, "Idiot Shorted" and I started to laugh. Sure enough, he had shorted, and sure enough the market did roll on higher to 729.50. Now it would be easy to bust on him for being an idiot.....BUT.

A successful trader has an edge, something he or she believes in, something that has served them well over time. The fact that I said, "Only an idiot would short here now without timing," didn't stop him from trading his "TRADING PLAN." The fact that the market didn't give him a reward for his risk isn't important. The important part is that you have to plan the trade and trade the plan....simple as that!!!!!

Somedays you are a mouse and somedays you are the cat......but no one wants to be a piece of cheese......

PS: OF course, to me the funniest part of this chart is that it looks like the CCI has been placed on the $TICK. Upper right chart, and "IF" I ain't mistaken there were a ZLR there. IS I seeing that right tar Kenny????

Just a play on word...isn't it???

I wondered why the baseball was getting bigger. Then it hit me.
Police were called to a day care where a three-year-old was resisting a rest.
Did you hear about the guy whose whole left side was cut off? He's all right now.
The roundest knight at King Arthur's round table was Sir Cumference.
The butcher backed up into the meat grinder and got a little behind in his work.

To write with a broken pencil is pointless.
When fish are in schools they sometimes take debate.
The short fortune teller who escaped from prison was a small medium at large.
A thief who stole a calendar got twelve months.
A thief fell and broke his leg in wet cement. He became a hardened criminal.

Thieves who steal corn from a garden could be charged with stalking.
We'll never run out of math teachers because they always multiply.
When the smog lifts in Los Angeles , U.C.L.A.
The math professor went crazy with the blackboard. He did a number on it.
The professor discovered that her theory of earthquakes was on shaky ground.

The dead batteries were given out free of charge.
If you take a laptop computer for a run you could jog your memory.
A dentist and a manicurist fought tooth and nail.
A bicycle can't stand alone; it is two tired.
A will is a dead giveaway.

Time flies like an arrow; fruit flies like a banana.
A backward poet writes inverse.
In a democracy it's your vote that counts; in feudalism, it's your Count that votes.
A chicken crossing the road: poultry in motion.
If you don't pay your exorcist you can get repossessed.

With her marriage she got a new name and a dress.
Show me a piano falling down a mine shaft and I'll show you A-flat miner.
When a clock is hungry it goes back four seconds.
The guy who fell onto an upholstery machine was fully recovered.
A grenade fell onto a kitchen floor in France , resulting in Linoleum Blownapart.

You are stuck with your debt if you can't budge it.
He broke into song because he couldn't find the key.
Just because the word fibonacci has the letters cci in it doesn't mean squat.
A calendar's days are numbered.
A lot of money is tainted: 'Taint yours, and 'taint mine.

A boiled egg is hard to beat.
He had a photographic memory which was never developed.
Those who get too big for their britches will be exposed in the end.
When you've seen one shopping center you've seen a mall.
If you jump off a Paris bridge, you are in Seine

When she saw her first strands of gray hair, she thought she'd dye.
Bakers trade bread recipes on a knead to know basis.
Santa's helpers are subordinate clauses.
Acupuncture: a jab well done.

Still waiting for that reply from Ken Wood

Still waiting by my inbox for a reply to the email, will it be "YES", "NO" or "maybe"..no reply at all. I don't understand, Ken is not in Europe right now and he is not in China, he is not in Vegas, Chicago, Orlando, New York, Anaheim, San Francisco doing anything....so he must have read my email by now.

What a great opportunity to shut me up and take down this blog, PFG could even come along and promote their trading platform, the auto trader, books, DVD's, t-shirts, caps and mugs...pen and pencil sets.....whatever.

But I guess it won't be, you would have to have something of value to step up and trade live before 80 people who know the CCI and have lost real money trying to make it work and the whole world over the internet.....won't YOU????

The Gatlinburg Garden Club Annual Tea

Back during Christmas we had a couple ladies ask us if we would host the 2008 Gatlinburg Garden Club Annual Tea at the house. Well, it's hard to say no to a group of senior ladies with those big smiles. SO, the date was set, which is May 1 of every year. The gardener was going nuts the last couple of weeks as the weather would get nice and warm only to have a cold front roll by and drop the temp to around 33 degrees. New flower beds were added, two water fountains, and 60 trays of annuals. Meanwhile, inside the house, I even had to get into the act washing windows, dusting and hiding stuff......:)

They were suppose to come beginning around 12 and the "TEA" got on the road around 2pm to 4pm. Well, they were here when we came back from breakfast, just a couple from the flower committee, then a few from the food committee, then a few from the welcome committee and before 11am the house was under siege. Everyone brought a "dish" of something, lots of dishes of stuff, chocolate covered strawberries, homemade cookies, little tiny sandwiches (it took like 20 of them to get a real sandwiches) but the interesting thing was that the drink was not "TEA" after all. It was pineapple/sprite punch. But what an nice event as around 1:30pm the shuttle started to arrive and off the trolley came women dressed up for Sunday church wearing their best hats.....Kathy spent two hours at the front door as wave after wave of ladies came in.

The best head count was 126 non-committee members visited during the next two hours, touring the house, working past the dining room table and having a glass of ice cold punch and seeing their old time friends and hugging and telling stories. I was amazed at the whole process.

The goldens had to go.....so I took them out the servant entrance so they could run around the front yard, before long they were sitting next to ladies while being rubbed.....ever hear of a golden that didn't like being petted. I heard stories of their pets and I think they stole the show, if fact. Four o'clock came fast and as the ladies got back on board the goldens acted like they wanted to ride along....

The committees cleaned up and by 4:30pm the house was clean as a pin again, all the dishes and cups washed and put away. We did end up with more food then even I can eat in a week.....well we'll see.

The funny part was, after we thought they had all left, we decided to go to the Cracker Barrel for coffee, so my daughter ran around all 5 floors and turned off all the lights and music and checked to see if anyone was in the house before we armed it. No one was in the house, and so as we walked out the door there sat an 78 year ole lady rolling on the porch. Kathy said, "Are you waiting for someone?" "Yes", came the reply. Kathy then told the lady that everyone had left and did she need a ride somewhere? "She left me, well that stinker," pronouced the lady.

So we drove her over to her car and had a smile from her telling us stories about her friends.........

The rest of this month should be interesting as we come closer to the eductional workshops as two more "events" are on the plate before a bunch of traders come to town.....so stay tune.

Invitation for the Woodies CCI Club to come.......

Today I sent an email to formally invite Ken Wood to come and not only talk about how the CCI indicator could help us find setups, but also he could pedal his wears and on Monday show us live how the CCI could give us that extra little edge we are all looking for.

The question is now, will he come.......will he come and show us.....

I'll even pay his expenses, pick him up at the airport, put him up at the Park Vista or anywhere, if fact, it's up to him. He can come an enjoy a great East Tennessee style dinner complete with a local hillbilly band on Saturday night. Eat at the Pancake Pantry every morning where the food is out of this world. Drink all the beer he likes at the Brewery on Friday night to the Griffin's Brothers. Walk around the downtown area and listen to more local arts & crafts people singing and dancing.
Shoot, I'll even take him to Dollywood.......WOW what a great time we could have....but will he come?

Oh by the way, this is Ken Wood's private email address but...maybe I should sent one to woodies@woodiescciclub.com also.....?

Bob "Biggs" Bigliano has passed away......

I never met Bob, or as we came to know him as just "Biggs" but on Friday he passed away after a long and courageous battle with cancer. You had to like Bob, a gentle voice, admitted he had problems trading at times, just like the rest of us, always trying his best to help others....truly one of the guys that actually did use the motto...TRADERS HELPING TRADERS.

Rest in Peace Bob.....Rest in Peace, in lieu of flowers, donations may be made in his name to Delaware Hospice,1096 Old Churchmans Rd., Newark, DE 19713; or the Emmanuel Dining Room, 121 N. Jackson St., Wilmington, DE 19805.


We will all miss ya for sure.
http://miva.delawareonline.com/miva/cgi-bin/miva?obits.mv+77039
http://www.funeralquestions.com/obits/chandler/memorial.asp?listing_id=106735

AMERICAN IDOL

AMERICAN IDOL

“I’m Ryan Seasection, welcome to American Idol. From eight candidates we are down to the final two -- Senators, Clinton and Obama.”

“Here’s their journey up to now -- one ‘Idol’ prefers Refco over Rezko, one of the idol’s spouse is the member of the family that wears the pants, while, the other one’s spouse drops his pants to show his member to someone outside the family and finally, only one ‘idol’ need not lift a toilet seat. Yet, despite their differences, they both agree -- wealthy people who make money are whores but it’s worth becoming a ‘john’ to finance your campaign,pissing off the Canadians and the Mexicans over NAFTA is good for Ohio and George W.Bush wouldn’t answer a 3:00 AM phone call from anyone but Dick.

Now let’s see what our judges have to say about the next American Idol.Randy, what about ‘idol’ Hillary?”

Randy:” Yo, babe listen up, I thought you lost it after Iowa but you know you came back nicely in New Hampshire, I don’t know, maybe it was the weepy thing you did but whatever it was, it worked. I think you’ve gotta be careful when you start laughing, though, you sometimes look like Marty Feldman on steroids, you know what I mean. I’d also get rid of the pants, man, don’t be afraid to show some leg. I know you can do it dude, you downed that shot of whiskey in Pennsylvania last month and looked what happened, not only did you win, but Bill phoned Eliot for some phone numbers, he’s worried.”

Paula:” I think you should be proud you’re a woman. You showed your decisiveness in New Hampshire by not wearing mascara because you knew when you cried it would probably have made you look like Alice Cooper, I think that showed courage. I also like the way you hide the gray that takes leadership, especially, if you’re going to “totally obliterate” Iran.”

Simon:”Frankly, I think your falsies are troubling…”

Randy “…I don’t know man, they look real to me.”

Simon: “…I don’t know what you call it in America but I mean the untruths like this Bosnia business and NAFTA, I mean, it really bothers me.Seriously, I think Randy’s right, you remind me of a bowling pin with that pant suit look. Having said that, whether you like it or not, you’re kind of a Mother Teresa figure for putting up with horndog.”

Ryan:” And now, ‘idol’ Barack, Randy.”

Randy: “Dude listen to me, I think it’s great an African American has come this far, I think you should change your first name though, there’s something about having the initials BO that sorta bothers me, I start thinking of armpits, you know what I mean. I like the fact though that from kindergarten you knew Iraq and capital gains tax would be an issue and that’s why you wanted to become president, that’s cool.”

Paula: “I think you should be proud you’re an African American. You’re an inspiration to all Americans. I would encourage people to read Ebony magazine to learn more about black culture.You remind me of hot chocolate with marshmallows on a cold day.”

Simon:”Wot are you saying Paula Abduh! Broc, you know I’ve liked you from the beginning and I think it’s yours to lose. You’ve done alright up until this Reverend Wright business. You know it’s hard for people to believe that in the 20 years you attended the church, you didn’t throw in an ‘amen’ occassionally.If I was you I’d learn to play the tambourine and join Hare Krishna. Saying that, I think you have to step it up a bit, Hillary had a shot of a Crown Royale,you should go back to having a fag once in a while…”

Randy: “Whoa dude, what are you talking about?”

Simon: “Sorry, you Americans call them cigarettes.”

Ryan: “There you have it, America, let’s review what the judges had to say, Senator Clinton --Randy thinks you should be careful of your look, saying you sometimes look like Alvin of the Chipmunks with those “puffy cheek things going on”, while, Paula thinks an image makeover wouldn’t hurt, “maybe hot pants, white boots and the song, ‘These Boots are made for Walking’ would turn your campaign around”. Simon likes the fact that you’ve loosen up but thinks, “maybe you should take even more starch out of your panties”. Senator Obama, Randy says wearing a lapel pin of ‘Jesus supports the NRA’ would get the “cling to guns and religion” vote ,while, Paula thinks wearing Bermuda shorts without the knee socks would attract the women vote and a Mister Rogers sweater would get the retirees. Simon likes your chances, saying you remind him of a young Lena Horne in drag -- coming from Simon, I’m not sure what that means.”

“It’s up to you, America --only one, can be the Democratic AMERICAN IDOL who meets the Republican AMERICAN HERO in November but -- you must VOTE.”

JAB

IT's a sellout....the educational daytraing workshop is full

Unlike some market gurus out there, where you put on an educational workshop and a week before you see that you have a room for 100 and you only have 23...well you call the hotel and downside...ASAP. Or you see you have 200 and call the hotel and have them slide one of the walls back and setup more tables and chairs.

The educational daytrading workshop being held in the hills of Tennessee, well like the last time...I left anyone come that wanted too....right up to the last day and because the tables were wider then they should have been 24 inches instead of the 18 inches.....some had to sit off to the side. So this time, we know just how many can fit in.....and still be friends....:)

SO, as of today it's full plus two and also this weeks market action in the Russell2000 will be the material we use for the workshop, current data no smoke and mirrors from 2005 when it worked that week....no curve fitting....I also plan to compare the data from the second week in Sept 2007 against this week to see if it still holds up.

It has since 1998, but what the heck, also the marble game will have some interesting twists in it since most of you folks that have come to several of these sessions have figured out how to beat it by now.....:)

So the stage is set, just waiting to see if there are any takers on "The Challenge?"

Time could be running short....

There is this great white man who says he can produce vast wealth for us all. We just need to join his way of doing things and without questions? He says he can tell you in advance when to enter the trade, and without watchin price. It has been said that he is coming to the mountains of Tennessee to show the secrets of the holy grail in a few weeks and I believe we should go and enter into the city now and wait for him. Rise up and friends and follow me........

Bush and Greenspan asking questions.....OH BOY

Barbara's husband is asking questions, after she personally ask Woodie to join her at her table and endorsed him, about all the stats on the website. Since they are there and then they are not there and then they are there and then they ain't there no moor, then they was there but now they ain't even tradin the ER, they is trading the Forex.

Greenspan seems to be enjoying it, after all he was the one who raised the rates enough to cause the sub-prime disaster, instead of just enforcing the lending rules, so he knows good marketing when he sees it and loves it.

Market Gurus and chat rooms

Well it's not always about the Woodies CCI Club now is it, we all from time to time get in a jam, stick our heads where they don't belong. Trade without stops, drive without the seatbelt, run around the house with a knife in our hands and it's doesn't matter how we got there either. What we need is someone to come along and give us a hand, something to get back on level ground so to speak.

In trading, and sometimes in other areas of our lives, we end up following what we believe is the messenger of the holy grail. Some guy who we think has become "The Master of Whatever", and is really only the master of marketing and you have fallen hook, line and sinker. So in trading it easy to get caught up in the moment.....and risk real money only to find out that you got screwed. So just remember, not everyone who shows up is there to help you.

Woodies CCI Club and "THE CHALLENGE" update

Since we all know how you always like to cut expenses let's do this...all the food will be free, you can stay in the nanny flat for free, we will pick you up at the airport for free, you can have a free workshop manual, take a couple pens and those sour balls off the conference tables, heck even pack some food to take back from the buffet if you like.

The dinner on Saturday night is free, the hillbilly band is free, all the beer you can drink is free (well until the keg blows), all the wine is free (except to TonyUK), we will even throw in the candle light ceremony in your name for free. We'll even sell your shirts, mugs, tote bags, pen and pencil sets, stuffed animals, visors, hats, coats, jackets, penants and shoot even your DVD box set. We would even sell your book for you if .......well let's not go there!!!!

FREE, FREE, FREE, and all you have to do is come and speak about the CCI, won't matter if we started out trading the ES....hold it that was to big or something, then we went to the ER for the past 4 years, with some of the YM, and some of the NQ, we traded C, S, W and the RR......oh no, that was DAX, never mind!!!!!

We have traded the 3m which proved to be wrong after 29 years of research but along the way we traded the 29 minute chart so we could front run the ones on the 30 minute and we traded the 9 minutes to front run the 10 minute folks. Then he traded the 5 minute not sure who we were front running. I always wondered if the CCI is a leading indicator and would get you in early and then the rest of the world would push it for us, why we had to front run the leading indicator by a minute. But then again, I never spent 30 years doing research on that.

We have traded all the time frames and different markets including the FOREX now, well that the autotrader doing that. Would that have something to do with being outside the bounds of the CFTC and all....so you can show whatever you want to show to help that marketing angle.

I would love to see Woodie send me an email and say....."Hey, Dude pick me up at the airport at 4:15 on Friday the 30th, and the Death Match in the Mountains is on, all I will need is a $2,500.00 speaking fee, in advance, plus my airfare, TonyUK airfare and airfare for his lovely wife, first class of course, and I need the best wine you can find, hopefully like the one we had at the Rivera that night. I think it was like 175 a bottle, and I need a table to sell my stuff, not bringing Susan this time, but we will figure out how to collect the cash, maybe TonyUK wife can handle that. Thanks for hosting this Sport, remember I am just doing this to help others."

SO, WHAT ABOUT IT WOODIE, come on and join all your friends you haven't seen over the past 7 years, come join us have a great evening with our home grown music, and enjoy the crisp clean Smokey Mountains.

We will be trading live on Monday......can you come???????

The History of the Middle Finger

Before the Battle of Agincourt in 1415, the French, anticipating victory over the English, proposed to cut off the middle finger of all captured English soldiers. Without the middle finger it would be impossible to draw the renowned English longbow and therefore they would be incapable of fighting in the future. This famous English longbow was made of the native English Yew tree, and the act of drawing the longbow was known as "plucking the yew" (or "pluck yew").

Much to the bewilderment of the French, the English won a major upset and began mocking the French by waving their middle fingers at the defeated French, saying, See, we can still pluck yew!

Since ‘ pluck yew ’ is rather difficult to say, the difficult consonant cluster at the beginning has gradually changed to a labiodentals fricative ‘ F ’, and thus the words often used in conjunction with the one-finger-salute!

It is also because of the pheasant feathers on the arrows used with the longbow that the symbolic gesture is known as "giving the bird."

It is still an appropriate salute to the French today! And yew thought yew knew every plucking thing.

Woodies CCI Club and "THE CHALLENGE"

Come on dude, step it up, proof us wrong, shut us up......or as they say in TENNESSEE, if you CAN'T run with the big dogs then go lay on the front porch. We just want to see you trade live, first of all, so that we can see those 80-100% winners you talk about all the time.

Think about it, beat me and Make-A-Wish will have a great day and so will the kids. Now I know you have taken down all the Make-a-Wish logo from your website and Rolling Hills but MAN.....this is for the kids.