The golden road to the holy grail.........

Well it is that time of the year again....time to hit the road looking for that holy grail....the mother of all indicators...the secret sauce and all roads lead to Las Vegas in July. Not the best time of the year to be in the desert....but hey it's about looking in all that sand to find the mother load. Do you need to find your holy grail?

Well, I'm going to be at the Fibonacci Trader workshop looking for mine....how about you?

for some info just click on the title to this update and it will direct you right to golden door.......and the key just might be there laying on the workshop table in Vegas.....you never know.

Did you see that train coming......

Today was one of "those" days, the past couple of days we have been bouncing around daily support and resistance, floor pivots...you name it....blah, blah and blah. Slow over lunch and chop chop has been trouble for a lot of traders. Get in a trade with a tight stop (10ticks or less) and before you could get to refrig and back....you got stopped out.....of yea there was a couple of runs but did you get them or did you take your profits quickly before of the hammering you got in the slop and chop....this is why the idea of using symmetry is KING on a day like today.
The market had a mission today, and the first bar trade was voided when both the high and low of the first was taken out. By 10:30 we had our first pullback that defined symmetry and the rest was history.

I really get a kick out of the chat rooms...while I sit there listening, being a good little boy....I see traders doing those counter-trend trades only to get run over....now in the chatroom they get out at BE....but by lunchtime they are quiet and not blowing off about their trades.

Traders also love to put more garbage on their charts then is actually needed.....With understanding symmetry, you know that .618 and 1.618 are considered the golden ratio. There has been a library of books written on the subject so I'm coming up with something new here. Symmetry is all throughout nature, science and so on and is one of those laws of nature in some aspect. If you multiply both golden ratios together (.618 x 1.618) guess what you get.......ONE.

Now today, there was also a two step or Gartley pattern and again a library of books have been written out that one also and how it traps traders on the wrong side of the market. But what if you also used an indicator that measured these pullbacks or symmetry......Today would have been perfect....since symmetry was pure bullish today and with a simple stoch......a great place to consider a new trade...or manage one you are in.....how did you do?????????

Time for Scrabble anyone???????

This has got to be one of the cleverestE-mails I've received in awhile. Someone out there either has too much spare time or is deadly at Scrabble.(Wait till you see the last one)!
When you rearrange the letters:
1. DORMITORY: DIRTY ROOM
2. PRESBYTERIAN: BEST IN PRAYER
3. ASTRONOMER: MOON STARER
4. DESPERATION: A ROPE ENDS IT
5. THE EYES: THEY SEE
6. GEORGE BUSH: HE BUGS GORE
7. THE MORSE CODE: HERE COME DOTS
8. SLOT MACHINES: CASH LOST IN ME
9. ANIMOSITY: IS NO AMITY
10. ELECTION RESULTS: LIES - LET'S RECOUNT
11. SNOOZE ALARMS: ALAS! NO MORE Z 'S
12. A DECIMAL POINT: IM A DOT IN PLACE
13. THE EARTHQUAKES: THAT QUEER SHAKE
14. ELEVEN PLUS TWO: TWELVE PLUS ONE

AND FOR THE GRAND FINALE:
MOTHER-IN-LAW: WOMAN HITLER

Ain't it the truth........

TAXES....At first I thought this was funny...then I realized the awful truth of
it. Be sure to read all the way to the end!

Tax his land, Tax his bed, Tax the table, At which he's fed.
Tax his tractor, Tax his mule, Teach him taxes, Are the rule.
Tax his cow, Tax his goat, Tax his pants, Tax his coat.
Tax his ties, Tax his shirt, Tax his work, Tax his dirt.
Tax his tobacco, Tax his drink, Tax him if he Tries to think.
Tax his cigars, Tax his beers, If he cries, then Tax his tears.

Tax his car, Tax his gas, Find other ways, To tax his ass
Tax all he has, Then let him know, That you won't be done, Till he has no dough.
When he screams and hollers, Then tax him some more, Tax him till, He's good and sore.

Then tax his coffin, Tax his grave, Tax the sod in Which he's laid.
Put these words upon his tomb, Taxes drove me to my doom...'
When he's gone, Do not relax, Its time to apply the inheritance tax.

And then there is more:
Accounts Receivable Tax
Building Permit Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax

Excise Taxes
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax,
Fuel permit tax
Gasoline Tax (42 cents per gallon)

Hunting License Tax
Inheritance Tax
Interest expense
Inventory tax
IRS Interest Charges IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax

Personal Property Tax
Property Tax
Real Estate Tax
Recreational Vehicle Tax
Service charge taxes
Social Security Tax
Road usage taxes
Sales Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone federal excise tax
Telephone federal universal service fee tax
Telephone federal, state and local surcharge taxes
Telephone minimum usage surcharge tax
Telephone recurring and non-recurring charges tax
Telephone state and local tax
Telephone usage charge tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft registration Tax
Well Permit Tax
Workers Compensation Tax

COMMENTS: Not one of these taxes existed 100 years ago, and our nation was the most prosperous in the world. We had absolutely no national debt, had the largest middle
class in the world, and Mom stayed home to raise the kids.

What the hell happened? Can you spell 'politicians!'
And NOW I still have to 'press 1' for English.

The roof is worth more then ..........dang cooper prices

Part of the roof system was made from cooper sheets....on site. A standing seamless cooper roof was installed over the porch and around different parts of the house to accent the house.

First trick is NOT to rub your hands all over the cooper pieces but instead try and keep your finger prints off the cooper panels.....

The down spouts will be made from 3 inch chains hanging from the gutters.....so first they made the holes, installed the fitting and the support bar for the chains.

Using the high lift, these guys thought they had struck gold, since they didn't have to climb around on ladders all day.....

Nothing nicer then cooper when it's still out of the box so to speak....needless to say there was alot of cooper used on this house....

The down spouts in the back of the house were also going to be made from cooper, so holes had to be drilled in the concrete deck on the second floor.

After the cooper roof was finished being installed and the trim pieces in place, the next part was cleaning the roof of the thousands of finger prints.....the bridge is in the background....

Needless to say working 60 feet in the air off a 16 inch walk board takes some getting used to.....no one was in a hurry up here...watch each step....boys.

60 feet in the air from the driveway plus about 38 feet to the bottom of the retaining wall made everyone but two guys find something else to do and in a hurry....this was one of the final steps on the outside of the house and soon the scaffolding would be coming down for the last time.......and about time.

PARIS HILTON ANSWERS FAN MAIL FROM JAIL CELL

Paris Hilton #9818783
P.O.Box 86164
Terminal Annex
Los Angeles, CA 90086-0164

Dear Norman,
Thanks for your concern; it’s nice to hear from someone else in the hospitality business. I must be honest I’ve never heard of the Bates Motel. Thanks for the offer of a cutting edge shower curtain but it wouldn’t be allowed here.
Leave a light on.
Paris Hilton

Hello Fergie,
Thanks, for the kid gloves, very cool with my orange jumpsuit. Say hello to your ex Randy, I mean, Andy, for me.
From one Princess to a Duchess,
Paris XOXO

Hey Martha,
Thanks, for the “Soap- On-A-Rope,” I know what you mean when you say, “been there done it.”
Love,
#9818783

Dear Mr. Bolze,
The info on The First Bar Trade was great, if that’s a franchise, do you know if there’s one in the LA area? I can’t wait to try the secret sauce. If I bump into Russell I’ll be sure to say hello to him for you.
Whatever it is, I agree, Go LadyVols,
Paris Hilton
P.S.If your arms are long enough give a hug to Dolly for me.

Britney,
Just chill, with the hostilities, remember---- I’m the heiress and you’re the hairless. As Fergie would say,” don’t get your knickers in a twist”, if you wore them.
Meow,
Paris

Hi Mel,
Thanks for the offer but I think my parents will be driving me home.
Love,
Paris Hilton

Dear Aussie,
Thanks for thinking of me. I went to Map Quest and couldn’t find “Down Under.” Help!!!
And a big “crikey” to you to, mate,
Paris Hilton

Yo, Rosie,
I’ll see if daddy can get you a job in one of his hotels. Hang in there, ok.
Your platonic friend
Paris

Hey O.J.
Ya, I know the Bronco gives a good ride but as I said to Mel my parents will be picking me up.
I’m sure you’d like, Paris in the springtime, but it ain’t gonna happen, buckaroo.
Sincerely,
Paris Hilton

Dear Larry,
I know you can’t give me any money for being on Larry King Live but how about a year’s supply of Mighty Dog food for Tinkerbell.
Love
Tinkerbell’s, mommy

Dear Peter Puck,
I love Canada. I was planning to do some snowboarding over the July 4th weekend just outside of Toronto.Oh well, if the snow is still good in August I hope to see you then.

Ore Voir,
Paris
JAB

Have you ever wondered why.......

Have you ever wondered why a dog doesn't like to have anyone blow in their faces, but will hang out the window at 70mph.

I was also wondering while singing Strawberry Field Forever last night....doesn't that sound just great.... let me take you down, 'cos I'm goint to strawberry fields Nothing is real, and nothing to get hungabout.... strawberry fields forever...forever...forever......

Yea, I guess that would be great unless you were....maybe a migrant farm worker.

Blonde in a Starbuck!!!!!!!!

A blonde goes into a coffee shop and notices there's a "peel and win" sticker on her coffee cup. So she peels it off and starts screaming, "I've won a motorhome, I've won a motorhome!"

The waitress says, "That's impossible. The biggest prize is a free Lunch.?" But the blonde keeps on screaming, "I've won a motorhome, I've won a motorhome!" Finally, the manager comes over and says, "Ma'am, I'm sorry, but you're mistaken. You couldn't have possibly won a motorhome because we didn't have that as a prize.

The blonde says, "No, it's not a mistake, I've won a motorhome!"
And she hands the ticket to the manager and HE reads.....
"W I N A B A G EL"

Day trading without the Woodies CCI....you can do it.....

I really enjoy listening in on "those chatrooms", you know the ones that proclaim they have the holy grail....you just have to download the special indicator setup they have going....the latest and the greatest. They really just spend most of their day boosting about how years and years of research went into the lastest and greatest.

The first problem I personally have and I believe you should think about it this way. If last year, that magicial guru was doing it this way....say a 3 minutes chart the indicator needed to be this way for it to work and now a year later they are using a 5 minute chart and talking about some other "NEW" way to trading way....I would have to think....OK what is their "REAL" agenda.

I love the first bar trade, it gets me in the game.....good, bad and even ugly at times but I'm in the game.....first team and my helmet is strapped on. So without any of those laggin indicators what is using data from YESTERDAY to give me a TRADE for today.....OH COME ON.....that alone is BSski......

You have your rules, you have papertraded it, you have done a back study and believe in it.......and when your rules kill in......you are a trader!!!!

Simple as that.....and the odds of making a living shift to your side for a change.

Gynecologist meets Tim the Toolman....

A gynecologist had become fed up with malpractice insurance and was on the verge of being burned out. Hoping to try another career where skillful hands would be beneficial, he decided to change careers and become an auto mechanic. He found out from the local technical college what was involved, signed up for evening classes, attended diligently and learned all he could.

When the time for the practical exam approached, the gynecologist prepared carefully for weeks, and completed the exam with tremendous skill. When the results came back, he was surprised to find that he had obtained a score of 150%. Fearing an error, he called the instructor saying, "I don't want to appear ungrateful for such an outstanding result, but I wondered if there has been an error that needs adjusting?"
The instructor said, "During the exam, you took the engine apart perfectly, which was worth 50% of the total mark. You put the engine back together again perfectly which is also worth 50% of the mark." The instructor went on to say, "I gave you an extra 50% because....... you did all of it through the muffler!"

Day trading and staying out of trouble in river city

Well the first bar trade works just fine.....the market popped out and took off then had the three little indians.....pullback and then it happened....the worst thing a daytrader faces.......CRAPOLA....first you don't know it's CRAPOLA until you have given it all back trying to either go long and get stopped out OR...go short and get stopped out and soon you are "TICKED OFF". Your lagging indicator is still giving you that "magic" secret setup and by the time you get in....it's over. Then you get another setup.....and you don't wait for the dang thing to trigger you just go in....and get hammered again. Does this sound close to home????

Have you ever looked at the trin? Well, I would read up on this subject when you have time because there are three zones.......SELLERS, BUYERS and CRAPOLA. Anything between .80 and 1.20 is CRAPOLA....but more important is take a look at the ema on the trin......it's FLAT....that is the tell tale of this idea. At least by 11:30 or 12:00pm at the latest you can see the market is CRAPOLA. What do you do?

Pick the crap up around your office, give the dog a bath, wash your car, make your loving wife dinner or just take a nap. But don't run thru the house naked with a sharp knife in your hands or click your mouse on your desktop to make money.

HAPPY FATHER'S DAY

It's just great to have the whole family around for Father's Day.....of course, dad still has to buy dinner at the Outback.....but that's OK.

HAPPY FATHER'S DAY from all the kids......hehe

Wine and Rock........

The wine room is coming together nicely, it was shipped in about 40 boxes and you can see the side rails. The corner pieces had to be built onsite.

The door jams are being installed in this 1474 bottle wine room.....humidity control along with a temperature control system will keep our champipple...just right...hehe

The inlay tile is from a vineyard in Spain that we had lunch at about two years ago and trimmed in oak bark.

27" flat screens are being installed up in the theater room.....a total of 4 with 2 on each side of a 52" Sony flat screen will make this a TV you can watch 5 games on at the same time without flipping around....

After covering the porch roof, they are ready to lay the final stone work on the house itself.

Working off scaffolding is just part of this business, using some high tech thingie you would buy at home depot is out for these guys.....a pulley and a rope is all they needed......:)

Now if you wanted to eat some great home Mexican cookin...well this lady can grill you some interesting lookin stuff...but MAN, it's great. She works until about 11:30 then goes and cooks for the guys.....just the stone workers.....and then goes back to stacking stone.......all day.

We wrapped the 42" front door before they started and the word of the day was ....DON'T leave a mark on this door.

We have to have all these crazy tools to do our work....but they just need a saw.

They look for the right stone....then trim it up....and slap it in place....DJ is thinking about how to finish out trim while taking a short break......

It was great to see them use a square instead of just eyeballing it.......

as they finish out the columns on the porch.......

Oh Oh...PARIS had to take a test for her mental condition

For a blonde....she is doing just fine......ROTFL

Day trading the Woodies CCI

Yesterday we talked about this idea of looking for measured pullbacks in the trending market. Today, on the 3m ER chart, there was a number of these measured pullbacks....or symmetry, as you can see.

As we find these areas of symmetry.....we "THEN GO TO OUR INDICATORS"....remember the cart before horse thing? It's there that we find a CCI 50/9 ZLR along with a pullback in the stoch.....when the turbo (9) crosses over the -100 line and the price.....remember, price must confirm...so if the price takes out the high of the setup bar (for a long) without taking out the low of the setup bar........we are long.
Seems simple to me, but you might have to wait awhile for it to setup correctly and that alone could be a problem......RIGHT?????

tile...tile...and more tile.....by the pallets.....

Italian porcelain tile by the pallet was the order of the day as they started laying the exercise room. The tile was laid 45 degree off center to give a more interesting look.

By the end of day one......they had the easy part of this behind them.

The walls in the shower area and the urinal area are going to be made of PPG glass blocks so the light shines thru. They had used the boxes of glass block as a weight while they laid the hardwood floor...so now it's carry two at a time, for one we don't want anything dropped on the new floor and two we don't want pieces of glass all over the floor to scratch it after they fall and break.....so take your time is the order of the day.

Now if you haven't guessed the fellow in the white tank top is a linebacker and put a helmet on him and he is all over you with a look of a redneck driving to cock fight.

The theme of the house is arches and curves, so it no surprise to everyone when I laid out the glass block walls. This will be the shower area after you sweat your stones off exercising.........

Each block which is 4x4x8 has spacers between them to try and align them up....then you have to put the glass block grout (white) between the blocks.....

It's a slow go and at times I am about to explode as the tile layer are outside drawing on a weed and talking about fishin and huntin and NASCAR.....But, they have contracted the job and a solid price so I just keep banging my head on the wall....

The sauna room is on the right, and they are down to one more row of blocks until they are done with this side. The other side of the studded wall is also almost done also......that is where the urinal is.....and with no door, people both men and women have had a problem ....you know....using the thing.

The urinal will be on the wall just behind Bob....he is installing the final dark brown rope trim pieces and grouting.......it did turn out just like I wanted.....

Day trading the Woodies CCI

The market do have order, oh yes, it's also random at times....but for the most part it has a rhythm to it. Part of that rhythm can be defined as symmetry, where we have equal measured pullbacks in a trending market. These are the cyan line that show this symmetry. Now, most trader use some array of indicators, pivot points, support/resistance levels, moonbeams, volume and you name it. But for me, after years of doing this noise....that is putting the cart before the horse. When I see symmetry and the price is below the 34ema in this case.....THEN IS WHEN I GO TO MY SECRET SAUCE INDICATORS TO FIND A SETUP!!!!!!

The red line at 833.00 is where symmetry is hiding, so I now go to my secret sauce and look for a setup...SETUP not TRIGGER. Sure enough we have a CCI(50) ZLR with the turbo (9) being above the 100 level. When it broke the 100 line, the bar that was right before that is what I like to call the setup bar. My stoch is also in the overbought zone and would be part of the setup..... The CCI does lead the stoch but only because the stoch is double smoothed and by it's math would be running a little slower. Not that the CCI is a leading indicator, that is pure BSski. So now, I go to the rule book for a trigger......just like the first bar trade, in order to enter this trade the price must take out the low of the setup bar without taking out the high of the setup bar.

WHY!!!!!!!!!...well think about it this way, I have a short setup and therefore would be going short...RIGHT??? So what would price HAVE TO DO in order for me to make money.....GO DOWN!!!!! So the price confirms symmetry....indicators and everything else......if it doesn't go down then what is the other outcome.....PRICE will rise and I don't like that.....do you????

Fitting the hardwood floors under the trees.....

The entire second floor except for the exercise area will have hardwood floor from the Biltmore series. Now they are working in what we call the UT area and their is a number of problems. Instead of just having solid square Douglas Cedar post we had replaced them with Red Cedar trees.

Then we had the problem of fitting around the rod iron stairways from the third floor and also down to the first floor that took quite a while to fix it was perfect as posible.

We cut about 3 inches back into the trees so we could slide the hardwood floor under them. Needless to say, while trying to keep a straight line on the floor as they crossed the floor from one side to the other was a very slow go.

Working in two levels at the same time didn't help as no one could walk on the floor for 24-36 hours and we kept boxing each other in.

Again each tree because a slow go spot, as they had to cut away only 3/8th of inch from tree to slide the flooring under it.

But what a great look once it was done, we ended up wasting about 20 pieces of flooring that were cut wrong ......not once but twice.....

Moving across the floor we made it over to the front corners, now we had other problems as trying to get the flooring under the tree and lining up the flooring with a wall that was 1/2 inch out of square over a 24 foot span.

OK, now you have cut this one twice...can I have a square end and 14 inches long....PLEASE.......

Trades were working on tile on the first floor along with the painters, the second floor we were putting flooring done and up on the third floor they were finishing the timber framing with the last coat. The fourth floor was finding the heat/air and plumbers working on their noise......34 people were working on this during the height of construction.