Monday, August 29, 2005

Yawn for the trades of the day.....



Well, we hear tell of a story about AutoTrader and 9 losers in a row...oh yea out of 9 trades......well that is a 100% system. But after the display it was back to the "woodshed" for more research and development. Maybe someone should just explain a simple idea.

I plotted the CCI twice on this chart.....the standard scaplers nightmare and the longer term settings.....it's the 14 against the 50....and even better the 50/34ema setup.

Now at 12:48 the longer term setting had this one nailed...the 34ema and a ZLR.....I have programmed FT to paint setup bars when these conditions appear......so when it took out the painted bar......a long was easy to take....put ya stop in below the last setup bar and then start to manage the trade. You know the drill...half off and move to BE. With the trin falling and the ticks popping off TAZ's it was a classic run into the close.

You even had the opportunity to add back in if you used the 50/34ema around 2:20 but the standard settings missed this one, well at least in real time.....rotfl. In fact, the standard settings had you looking to short at 2:32......in a run away train to the north side.....a short setup.

I guess it doesn't take a genius to see why someone didn't want the 5034 around anymore......and blew out that candle.....and we all want to personally thank you for showing your true colors.

Your opinion and bias is worth how much again?????



It was the night of July 16th, 1999, there was no moon as the haze settle in over the waters of Martha's Vineyard as the Piper Saratoga II was carrying it's passengers for a wedding the next day. Without the advantage of daylight or even a clear moon lite night, John had to use one of two things that were available....his own instincts or the instruments.

No weather warning were issued to pilots that evening for the route with took him over the Long Island Sound along the southern coast of Connecticut. However, pilots who had flown over Long Island Sound that evening reported afterwards that the in-flight visibility over the water was significantly reduced. Also sometimes, pilots can have problems with their inter-ear and it messes up their ability to understand which way is up and which way is down.

So John had to decide which to believe in, his own belief that he was actually flying straight, or that he was climbing. Or the instruments, that might have told him the plane was decending at an alarming rate. The plane hit the water at 5,000 feet per minute with the motor running and no one survived. JFK, Jr., his wife and her sister all died.

What does this have to do with "YOU" and trading? Do you trade with an opinion, an attitude, bias or you just know the market is going to do this (selloff or rally). Do you believe in your instruments or spend the day second quessing them? Checking them against other indicators, time frames and your buddies in some chat room.

JFK, Jr. it is believe to have used his own opinion instead of using the instruments available to him and what did that end up costing him?
Are you trading with your own bias and opinions and not really using your instruments and what do you think that might end up costing ya?

"Welcome to Walmart.....the home of falling prices and do you need a cart today".

Saturday, August 27, 2005

Now that you know it's just "YOU".....try this



During a visit to the mental asylum, a visitor asked the Director,
"What is the criterion that defines a patient to be institutionalized?"

"Well..." said the Director, "we fill up a bathtub, and
offer a teaspoon, a teacup, and a bucket to the patient
and ask them to empty the bathtub."

1. Would you use the spoon?
2. Would you use the teacup?
3. Would you use the bucket?
4. All the above?

"Oh, I understand," said the visitor. "A normal person
would choose the bucket as it is larger than the spoon
or the teacup." Which is your pick....1...2...3 or 4.
Results tomorrow night....ROTFL

Thursday, August 25, 2005

This is the funniest post ever....thanks for the laugh Jab.



(CBS): The following is a weekly 60 Minutes commentary by correspondent Andy Rooney. It was first broadcast May 15, 2005.

Have you ever wondered about chat rooms, well I have. I was slow to come to a chat room. For years after everyone else was in one, I was still using a rotary phone. I recently visited a chat room and have these comments and observations.

They had a Jean Yus and a briteagle. You’d think if they were smart enough to get into a chat room, they’d be smart enough to spell ‘genius’ and ‘bright.’ On second thought, I probably answered my own question.

Someone went by the name lobsterboy, gee, I wonder what he says to his wife if he’s had a bad trading day,”Oh, crabby would you draw my butter for me please and check on the little prawns”.Let’s hope CajunBoy doesn’t find out where they live.

How about CluelessTrader, now there’s a confidence builder, after he tells you he’s + 5 er2 at 683.70 on a 5014 slingshot and an evening star candle basis a 1000v tf with a T1 of 685.80 off fib 1.618 and a sar at 684.30. Now tell us you’re going to get rapper 50 Cent to sing opera.

What kind of nick is noemotion, sure, you’re long five bonds and it comes out that Alan G and Andrea Mitchell are swingers; you’d better change your nick to loadinmyshorts real quick.

There are people from all walks of life in chat rooms, pilots, buggy whip makers, engineers, doctors, there’s even a dentist, drbob, how would you like to be in the middle of a root canal when his assistant says, “Woodie’s on the phone”.

One thing about chat rooms, everyone can see how dumb you are. I read where someone was asking wb_ NJ, what part of the country he was from or even better was this gem, hey, Max _MN what’s the surfing like in Australia? Maybe if they read Rand McNally, they’d find out MA doesn’t only stand for moving average. Although come to think of it, maybe FL does stand for ‘friggin lunkheads’

There’s a language peculiar to chat rooms. You’ll see things like ,"I'm into Russell and crude",”this 2.618 extension is killing me,I’m getting out of these shorts”,”russell keeps touching that double bottom which
looks firm to me”,"double top, half off"“entered on a kiss at 34 with 500 V”.”triple sling to support a possible long”. This is better reading than Paris Hilton’s E-mails.

Some use first names, Spike, MarkB, Frank P, Steve H, egor, Charles A, and sammy. Throw in a few Vinnie’s, Nicky’s, Fat Louie and a Rocco and it sounds like the Witness Protection Program.

There are those who prefer to use gender neutral names like, ognils, strider, Starlight, eieio, Strat.
Certainly, gives new meaning to the term swing traders and crossovers, now doesn’t it?

The women have soft, sweet names, esmeralda, donna, angela, janie, dharma, rosie, maggie, KATE, well there’s always going to be one nails- against- the chalkboard type.

Chat rooms have people from all over the world, UK, Australia, Tennessee, Sweden, and Canada. It’s bad enough we have to hear ‘eh’ from our neighbors to the north, now we have to look at brekky,nappie,gotta dash,nitey nite,cheers mate,this euro’s dropping like Nellie’s knickers. If this keeps up we’ll be pledging allegiance to the Queen, now wouldn’t that be ducky

Some of the names are straight out of the bar scene in a Star Wars movie,Koller3, Steve4223, Raven358,IcI+3, rg2jh, Drsatish, guppy .They probably stand around drinking Molson and Fosters arguing about slingshots versus sidewinders.

There’s a hint of social causes in some of the names,amayda/nl,Verus,woodman,jim- rainman,Eman CA (I guess the ‘E’ stands for everyday) I hardly think these types will trade lumber and live cattle, more likely, tofu and alfalfa sprouts.

I like to talk to people of my generation in a chat room, you know, hard of hearing, dentures in a glass next to the night table, pants up around mid chest. I don’t know them, but I think I could see eye to eye (if I got close enough) with olmikey and Taku. They sound wise and they’re certainly helpful and thoughtful, the chat room’s own Yodas. As much wisdom as they both have I’ll bet even they don’t know what a debbiedeb or a MoiraFromWestport is.

In case you‘re wondering what nick I used --it was in memory of my dear parents, Bob and Cathy.

--
Posted by JAB to TradersParadise at 8/25/2005 02:44:22 AM

Tuesday, August 23, 2005

So let's review..........who are you.....

Well, what is the answer to the first test? Did you find six "F's" in the line of text? Most people only find 3, and if three is average then how did you do? The real question, of course, is simple. Since the word "OF" is pronounced "OV" your brain doesn't see the "F" sound in the word in most cases. Every day when you sit in front of your charts looking for trades....what is your brain missing because of your education or from the years you were growing up.

People see accidents everyday, but when they are interviewed by the police it is not uncommon for the witnesses to have different stories. So how did you do on this one.
1. Trucks
2. Daytona
3. Jeff Bodine
4. #60
5. YES, not a stratch
6. 16 trucks
7. Rod Morgan
8. Yes

Again you see reality right in front of you on your screen, but did you get the answers right? Well, let's move on to the last one.



This is how this should look.....connecting your 9 dots with 4 straight lines without lifting your pencil.
So what is the point to all this....
Well, if you had problems with these three tests, then how do you know that what you see on your charts is something you can make money with. Are you having problems making money? Maybe, it's not the indicator, time frame or the group of indicators..maybe...just maybe it's you.

Someone once said that it's you against the markets...well it's really just you. Could that be why 90% of all traders fail because they can't see their own reality...and if so....what can you do to prevent you from failing....?????????

So let's continue on the other side of trading...U#3



So here is a final test for ya.....this one is so easy.
Just connect the 9 dots by drawing 4 straight lines without lifting your pencil.....

See how easy that is......now let's get started and tomorrow night we are going to review your progress in this series.

ENJOY........today was Day 21, by the way, and we have started to reframe the house, as soon as the pics come back from Walgreen I will post some of them.....but 6 days for the fire to go out.....5 days for the state and local fire marshals to do their thing. Then we worked on getting the concrete walls ready for gunite and continued to clean.....they have hauled off 14 dumpsters that held 40 yards of charcoal...so to speak.....14 of them...

Monday, August 22, 2005

BUSTED..........yet another one...



Every day it seems I get a truck load of emails...some thinking I need a bigger penis...some thing I need a college degree...some thinking I need to re-finance my home at 110% of the value and on and on. I am sure that you also get these nice emails but I also get a pickup truck load of market gurus thinking I need some kind of help trading. Trading Markets for example sends me at least 12 emails a day ....actually 2 different emails just 6 times. Almost everyday I get up to 10 email from this clown....STEVE MATRIX of Day-Traders.com and with the exciting news that he will allow just 50 people into his service. So like a good little trader I am....I go into the site and check it out.


The normal...you know....how great I are.....how great I are...only one losers this decade....REMEMBER DAX.....hummmmm.....one losers....right. But the funny line was the ......at the bottom......"CAN I BE HONEST WITH YOU?"


As I continue to scroll down I come to this picture......and guess what.....THAT IS MY FRICKING TRADING OFFICE FROM OUR LAST HOUSE.......50" Pioneer plasma.......8 Dell monitors....and guess what...if you click on the picture and make it bigger....look in the middle just above the plasma and you will find a small orange sticker.....that says TENNESSEE on it. THAT IS EVEN MY SHADE OF SAND STONE BACKGROUND on the charts.

SO THAT BRINGS ME TO THIS...I send an email off to Steve asking him to call me and talk about that picture and what right he has making you sheep believe that this is his super dopper power trading desk.....NO REPLY.

I guess we will be flying to Vegas before the Denver workshop and filing suit against yet another BULLSHITTER that likes to take my stuff and pretend it's theirs.
SO SAY TUNED....because the month of August has not been a good month as you can image and I am about ready to kick anybody's ASS that wants to screw with me.........now how is that for an attitude. RELAX BOBCATHY......and go listen to your own copy of Enya.

tomorrow night the last is a series of test...then we can dig into your soul.

Saturday, August 20, 2005

Let's continue on the other side of trading.....U#2

In the last post I asked you not to cheat and count the number of "F's" in a certain sentence. Now let's watch a video of a Nascar race and here are the rules.....

1. Only watch it once.
2. DO NOT read the questions before watching the video.......


Here is the link for the video.....after you have watched it then answer the following questions.....remember if you cheat, then you are only cheating yourself.

http://www.ebaumsworld.com/nascarcrash.html

DO
NOT
SCOLL
DOWN
UNTIL
AFTER
YOU
HAVE
WATCHED
THE
VIDEO.....or you are cheating yourself......

Questions

1. This Nascar race was with cars or trucks?
2. Which speedway did this accident occur at?
3. The vechile that totally came apart in the accident was driven by?
4. What was his number?
5. Did the Excide vehcile make it thru the wreck safely?
6. How many were involved?
7. Which vechile was responsible for the wreck?
8. Did the vechile following the pack make it safely thru?

Friday, August 19, 2005

So let's talk about the other part of trading........YOU



People spend so much of their time looking for the perfect indicator, the perfect settings or the perfect grouping of indicators to find an edge in trading. From time to time people will say that trading is 90% between the ears and in some respects I totally agree.

IF trading is 90% between the ears then it has to be followed by 9% money management and the rest is your trading plan. So let's take a series of tests over the next several days to see how confused I can get you....because this is something to think about....

So here are the rules and if you cheat a little, who are you really cheating, of course only yourself.

1. Read this line of text.
2. Then count the number of "F's"
3. Don't keep trying to figure if you are right or wrong.

Here is the text....READY?.....drum roll.......

FINISHED FILES ARE THE RESULT OF YEARS OF SCIENTIFIC
STUDY COMBINED WITH EXPERIENCE OF YEARS.


So now don't cheat....write the number down and come on back Sunday and let' talk.

I know someone will say that Sport is selling a black box system on his blog after the post yesterday, SEE I TOLD YOU SO....I TOLD YA. Well, if you can't tell this system lost $26,000.00 on 9,000 trades but that does include commissions. If you are clever enough to still want it.......just send me ....hummmm......25k. The bear center needs a pickup truck.

Thursday, August 18, 2005

So you have been a trader for a while now....BUT



So you have been a trader for a while now...BUT there is a problem in your search for the holy grail. Each day you log into a chat room, you have been forced to surf the free ones now because of the cost of the "other" ones. Things continue to stay the same as you add and delete indicators, change time frames and pull your hair out because you had the perfect trade...the big one but covered early.

You continue to surf.....
What should you do??????
What can you do???????
Before the bell tolls for you like it appears it has for Kiwi.

Stay tuned to this local channel as we will be releasing this system to the public within the next 13 hours.....and if you call today, we will throw in our exclusive secret trend indicator to the first 18 people who call that will give you the edge needed to be a successful trader.....don't delay....order today.

CALL 1-800-262-5673, operators standing by.

Monday, August 15, 2005

WOW.....when we opened the lastest pack of pics



My wife went and picked up the pictures from Walgreens and in one of the packs there was one that actually had doubles......and some were just to unreal. I thought I would share them with you. This one has the bridge at the bottom and a doe and two fawns....she is smelling a stack of concrete bags.


This is picture taken on the fourth floor while those rafters were going in place, behind that is the concrete walls that are pitted.


Here Andy is passing up the pecky cypress boards we used for the ceiling over the great room, while you can see Joel and Tino (red and white shirts) working on getting the scaffolding out of the way. Also in the upper left corner the Fire Marshals are talking about where to start.


This picture shows the outline of the roof system over the great room, and at the same time the second floor as we continue to clean.


About a week before the fire, they were working on the big tree from a cherry picker, over laid on that is again more cleaning off of the beams and trash.


Sometimes you never really know or understand the world around you until something happens like this. People that we never thought knew us continue to call, stop us at dinner, pray for us during church and so on. We have received emails from all over the world saying how sorry they are at the loss of our house. In some aspects it's a little over whelming to me.

As you know, I have a few people who have enjoyed bad mouthing me, logging in the chat room and saying crap then log out, log back in under another name and so on. I have always been an "in your face" kinda guy. That is my way of trying to get people to move to a higher level by challeging them to look inside themselves instead of BOB. The way the emails have come in, I find it amazing what ya'll really want:

1. Woodie is a joke and some other kind things.
2. More pics of the house.
3. Give us some info on how you trade so maybe it can help me.

So I guess, there is no reason to point out the CCIcrapola circus...well unless there is something just to juicy....and that is normally once a week. I will post pics of the house as we get underway......Wednesday they start putting down the sill plates as we start to re-frame the second the floor. Tomorrow afternoon, I will be back to trading again full-time as the summer comes to a close.

So stay tuned as we move thru the markets and try to make a nice living. Are you ready.....just email me if you have any questions or ideas of what you would like to explore....I have nothing to sell, no website to promote, no black box system for sale, no secret indicator to make you get in order to follow along......there never was any.

In fact, until Mr. Krausz death very few people even knew I used FT....there is a reason for that.....think about it for a while.

Lastly, the day before the fire this picture was taken from the top of the house, a double rainbow......and we still believe in OZ and the yellow brick road.....PEACE.

Sunday, August 14, 2005

Back to work on Tuesday....

Just a short note, that I will be back to trading on Tuesday after I finish posting a $25,000.00 reward for each person or persons that committed this act against me and my family, up to 4 persons or $100,000.00

Also will be posting some trading stuff, going thru the emails of the last 10 days, I want to thank everyone for their support and will reply to your email this week, it's been a little crazy around here as we lock everything done and get back up to speed, will start re-framing the house next Tuesday.

So if you want some ideas to take a look at, that might help you to develop a trading plan.......I will give out some of the ideas I use everyday. But in reality, 90% of trading is not some magic indicator or a combination of them but your ability to believe in yourself.

As far as what has happened to me over the past month, email and other threats, the fire that destroy our new home.....well take a look at Matthew 13:24-30 and we'll deal with the darnell in the world.

Just some pics of the house.....some before...some after



It was only a month ago, when I was on the hammer with the contractor and subs to keep pushing....working 6 days a week...some days 12 hours. By the middle of July we were 3 days behind our master schedule to be done by Dec. 11.


Then we get a phone call at 3:14am in Mallorca and everything is different now. Over 9 walk boards, 103 pieces of scaffolding and 211 cross braces, two air compressors, a mile of air hoses, electrical cords and a host of ladders are now just scrape iron.


But when I was going thru the pics, I saw this one. One day this puppy was sitting outside our door and we fell in love with him. So everyday, he would ride along up on the hill and play with our other two goldens and the pup that one of the subs has.
It was very very hot one afternoon and Boomer would walk over to one of the fans we had running to help dry the painted facial boards. It was so funny as he would lay down, back legs spread and right up against the fan.


About a week before we left for vacation these rafters were placed over the great room, the cost of these custom rafters came in at $38,000.00 each.


We had 4 of them over the great room, that did include all the posts, purlongs and braces. You can also see the top of the 46 foot tree that was installed during this time.


Since this is a fairly good size project, instead of renting a Bobcat, high lifts or cherry pickers I decided to just purchase them and once we finish the house turn around and sell them......SO I HAVE A NEW CHERRY PICKER FOR SALE......low hours.


Of course, the insurance agent jumped out of his office window last week, the good news is....the office was on the first floor......

Thursday, August 11, 2005

Two days after........and what a mess



This is what is left of the house after two days...it is still burning.


and still burning.....


and still burning.....


and still burning....at least the tree that the city didn't like because they were not graded are still standing.


Between the police, state fire marshals, local fire marshals and the people from the insurance company, it looked like a yard sale gone bad.


This can got them fired up for some reason.


And this beer can...everything was bagged and sent off to the TBI crime lab.


Even after we where able to return from Spain......there were still hot spots. After 6 days the fire department removed all their equipment and the investigators are working thru the mess now.

Don't choke in a restaurant around here........




Two hillbillies walk into a bar, while having a shot of whiskey, they talk
about their moonshine operation.

Suddenly, a woman at a nearby table, who is eating a sandwich, begins to cough.
After a minute or so, it becomes apparent that she is in real distress. One of the hillbillies looks at her and says "Kin ya swallar? The woman shakes her head no.
"Kin ya breathe?" The woman begins to turn blue and shakes her head no. The hillbilly walks over to the woman, lifts up the back of her dress, yanks down her drawers and quickly gives her right butt cheek a lick with his tongue. The woman is so shocked that she! has a violent spasm and the obstruction flies out of her mouth.
As she begins to breathe again, the hillbilly walks slowly back to the bar.

His partner says,"Ya know, I'd heerd of that there 'Hind Lick Maneuver', but I ain't niver seen nobody do it!

Wednesday, August 10, 2005

Another day....another phone call



One day this girl walked into our lives, at the time we didn't know she had actually run away from home, but we knew she was having problems. So we took her under our wings and did what we could to support her.

Over the past 8 years or so, we have had 7 young women come and go thru our lives so when Jennifer came along it just seemed normal to us. Our house is one of those houses were the kids hang out.....I guess once you start to feed them, well they just hang around.

Last year Jennifer met this guy, a good friend of my oldest daughter and before we knew it she told us that a baby was on the way. Once Drake was born, again we started to baby sit the little fellow as Jennifer went off to work. I'm not sure why this rugrat is different then the rest, maybe it's the way he throws up on you if you're not paying attention.....but he is so funny and almost the perfect baby. He snores, eats everything and laughs.....I think it's a laugh or good gas....:)

About 2 months ago, we lost Drake and our hearts were just broken when he left us without any warning. My wife and I talked about having more kids of our own, we talked to both daughters about having kids........no response there. We talked about going somewhere and adopting a child.

Last week, when our world again was turned upside down with the fire......and it was tough to come back to the states and see the damage but Drake was still on our minds more then the fire.

Today around 1:00pm we got another phone call...and I have to tell you that when the phone rings my heart drops now. Not my cell phone, but the house phone....that is never good news it seems. But it was Jennifer, and she had taken our advice and went back to Orlando and worked out her problems with the family. After having Drake, she understand the importance of family. However, she deicided that it was time to come back to where she wanted to live. And the family is coming here over Labor Day.....

This is one thing that we always try to make the kids understand......family, family, family. Even with the peaks and valleys that come in our lives, it's important to believe in yourself, in your family, in your wife, with good health and friends along with strong faith.....it's easy to replace the wood we lost in the fire last week.

Every Friday at lunch time, my wife goes up on the hill and counts the people working. Then down to KFC and buys chicken, mashed potatoes, corn on the cob and drinks for everyone. We all have lunch together, just this week we have 3 fire marshalls but that's ok too. The people that are working on my dream, are not just workers.....they are part of our family and we treat them that way.

Saturday, Jennifer and Drake will be back home here and we can't wait for the return of our favorite rugrat. The pic on the right was taken up on the hill, as he goes with me everywhere...the ECO foundation is in the background.

SO happy days are here again.......I hope you also have the joy in your life as we have in ours.....PEACE

Monday, August 08, 2005

Money Management Any ideas???????????????????



You owned a business as a sole proprietor, and one day someone came along and after all your debt was paid you ended up with million bucks.....cold cash.

You are 50 years old....
Two kids ready for college...
and don't want to work anymore....

How would "YOU" go about managing this amount of money, where would you place it, what percentage here and there....what goals would you have....

So please post about how you would go about the process of spreading it around.

Thursday, August 04, 2005

There is only one thing I would like to say........



I have received threats against myself and my family. And we turned those in to the authorities.

And while I am out of the country on vacation......and arson hits my new home under construction.

Now guess what is in store for the persons who sent those emails, and made those threats against us? You might have something to really worry about when they knock at your door......

YOUR ASS IS GRASS.....we will hunt you down like the fricking scam artist you are.... There is now, no place on this blue marble, for you to hide...for every one moment....as I have posted a $100,000.00 reward for your arrest and conviction. Then we will proceed in civil court to take everything you ever thought of having.

http://wate.com

OR try this one........

http://wate.com/global/video/popup/pop_player.asp?ClipID1=489436&h1=Fire%20destroys%20home%20under%20construction%20in%20Gatlinburg&vt1=v&at1=News&d1=121200&LaunchPageAdTag=Homepage&activePane=info&playerVersion=9&rnd=62987870

PS: If you for one fricking moment think that this will stop anything that is going on.....you are very sadly mistake.....now we are on a mission....it's that simple. And you know what I am talking about.......

Tuesday, August 02, 2005

Just minding my own business laying on the beach, when.....



Así que allí acabo de colocar en la playa, en Palma De Mallorca, y había la venida de la música de la barra en el área del piscina. ....Enya, va la figura y yo empecé el pensamiento acerca de todos mis queridos amigos sobre a través de la charca que trabaja y yada de yada de yada todo el día en la sala de charla. .....

SO....Hola de España y ve ya todo la semana próxima, a menos que decidamos es apenas a gran aquí salir. ...what que un gran lugar para venir y relajarse. .....

¿Cómo va la pelea del gato de todos modos entre Kate y Maggie? ???

No los preocupe, regresaré de hablar inglés o Tennessee inglés por lo menos Oriental en unos pocos días. ......ROTFL