Saturday, September 17, 2011
A Love Letter
The week after September triple witching the Dow has been down 16 of the last 20; this could be proven true as we reached market tops Friday and hesitated OR could be a good trick to see the market fool us and hit new highs before correcting.
To all those telling me that the USD was being ruined by President Obama please stick your fingers in your mouth and go back to economics school.
The USD is only one method of currency, and all currencies change value throughout time, including Gold and Silver.
2 out of 3 of the debt ceiling elevations that have been signed into law by Republicans have been 2 out of 3. Funny how what is happening now is SO different.
Another incredibly profitable OEX week. As always, when I pick so well for an extended period of time I become much more prudent and risk conscious. The market will also beat you; not you the market. It is what it is teaching you.
Economic Calendar: The FOMC talks this week
http://www.bloomberg.com/markets/economic-calendar/
The chartists comment on last week:
-- CONSUMER DISCRETIONARY SPDR RUNS INTO RESISTANCE
-- NASDAQ AD LINE HITS NEW LOW AS NYSE AD LINE BOUNCES
-- BIG TECHS LIFT NASDAQ AD VOLUME LINE
-- BANKS WEIGH ON NYSE AD VOLUME LINE
-- CUMULATIVE NET NEW HIGHS LINES REMAIN WEAK
Track Record Three Weeks: We have had only one losing trade in three weeks on the OEX. Many traders have been able to trade two or three times a day.
We have traded contrarian to the market most of this time.
Friday ended right at our resistance line of 12,540 with many subscribers to now "reverse" and make money as the market corrects. Greed is a flag here, as we read Dow projections and note that there is possibility of more upside, and the U.S. seems a bit less concerned about the Euro, for the moment.
A serious love letter and what it means to you:
"First off I want to apologize for the length of my letter, I just felt very compelled to write to you.
I have been trading since the early 90s - at times very much full-time, and at times very sporadically. I've lost my shirt. I've had moments of wonderful success, only to give it back again. I have spent tens of thousands of dollars on training. I even started to look at my emotions, but ultimately couldn't get passed the fear and greed, glued to my screen tick-by-tick, even if my trades were position trades.
In parallel, I have been on a spiritual journey for as long as I can remember (who isn't ultimately). But at some point I began to experience a deep shift. I began toexperience - and therefore know deep down - that I am the creator of my reality. Not an influencer...not a mere participant...but the direct creator of my experience. And the more I "clean" beliefs and emotions that no longer server me, the more I experience what I truly want.
And this is how I re-connected with you and your extraordinary work. I say "re-connected" because I was an OEX Options subscriber a few years ago, but was still so deep in unconscious / emotionally-driven creation that I just didn't see the wisdom of your work. I was a subscriber for probably a month or two. But I re-connected with your service after a series of contemplations on freedom, ease and abundance: how to live my life in great abundance, great freedom, great joy. And your face popped up in my consciousness. I immediately searched my email archives (I no longer wait when I have such insights), signed up for your free trial and started trading on a virtual account (I don't have a dime to trade with at the moment).
I can hardly believe the result: not only have I increased my $1M+ virtual portfolio by 40% in just over 2 weeks, but more importantly, I have accomplished this in virtual calmness. And the rare moments of fear and greed were met with a keen realization that these feelings no longer serve me: they are opportunities to further embrace and clean my negative emotions.
I always had the hope that I could make a living trading...now I know it's absolutely possible, especially with the wisdom you offer. I know that with you trading can be as much a spiritual journey as a material celebration of our divine nature. I no longer separate these two "realms" and I have chosen to consciously live out my life this way. The funny thing is that I recently stated out loud that I wanted to meet individuals who consciously embraced this point of view. When I watched your introductory video on your homepage, I smiled broadly when you said that you are a zen buddhist. I knew then that my re-connecting with you was a direct answer to my request.
Every moment of everyday I now focus on the following vision: I AM trading a $100,000 account, easily living off a portion of this steadily growing trading account. I see myself as an apprentice in your advanced mentoring program, continuing my journey to learn about myself and grow as the creator that I AM. I see this vision manifesting immediately.
I am honoured to have come to discover you and your work, and I look forward to continuing my journey with you."
Very Sincerely,
Marc-Elliott XXXXXXXXX
I share with pride the letter from Marc-Elliott XXXX as it is why I am here. I do not need to have this service to make money. Many of you must wonder that? If he's so good why does he teach others and not just get rich?
For other services I can't speak, and it's why our service is really geared to floor and market maker traders blended with the new trader because my perspective is unique in the market. I want to teach, to show that a rock is not hard, that we only know what we know, that we are lied to more than told the truth by all authority, and that organized religion should be immediately distrusted.
My goal is to see you "beat yourself' as the game is not about how much you know about a stock or option, but how much you know about you.
Sunday, September 11, 2011
Jefferson Was a Ponzi Schemer
Commentary: I have much to comment on and share, as I think we are at a pivotal point in the market and the world. As not much is truly 'in order", neither are my first stream of consciousness trader thoughts to you:
We are becoming manics. The input is overwhelming us. The url link is a long and scholarly article that I will not decipher for you; I believe it important you find your own conclusions.
MAGAZINE | August 21, 2011
Do You Suffer From Decision Fatigue?
By JOHN TIERNEY
The very act of making decisions depletes our ability to make them well. So how do we navigate a world of endless choice?
Copyright 2011 The New York Times Company | Privacy Policy
Each week another trigger catapults us directionally, but with such a magnetic changing bias the argument for more downside becomes clear to the doomsday's, and the bulls continue to think we have one of the best equity buying times since World War II and that equities will outpace bonds in a growth period, long lasting enough just to make everyone think it is all fine.
And then a massive market crash.
That's one theory.
But another theory, which I've heard ad nauseum from many of you is the USD had become powerless under Obama and the USD had become worthless. During which time I tried to teach:
a. No currency is real or lasting, any valuation of emotion can change. The USD did not demise under Obama, Bush had done a fine job destroying the dollar earlier, and it's part of our economic crisis.
And, to the doomsayers sharing with me there would be one world currency (there might be, and the Euro may fall), and the USD would not be it !!!!, well, okay, it doesn't really matter, but the USD is at all time highs. All the dooms day false facts I have heard thrown, may I throw right back. Our worthless dollar is the most valued of instruments.
Question Authority.
b. The USD is only a derivative instrument and the value of any "paper currency", product, or "gold", is really just what the public will pay for it.
c. It is meaningless, unless a derivative trader, to even care what currency leads, as long as one knows which will lead. We care about valuations and our ability to buy, spend, and borrow, NOT about who is the most powerful (Russia).
___________
I constantly refer to false facts. As you review the Dow projections above here's a fact that will help us understand what I call "illogical logic".
in 2008 the Dow lost 504 points before the Triple witching of that week. Now 500 points seems nothing; but make note Friday is triple witching expiry
Everyone loves Thomas Jefferson, the great statesman. Please do your history to learn the real facts, but : "banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling on a larger scale.
Jefferson began banking in the U.S. and was a Ponzi schemer. Check the facts. Not the glorified history books.
Monday, September 5, 2011
I Made Money
"Hi Floyd,
I made money on a signal you gave EVERY day last week on the OEX, averaging 21 to 36%. I additionally made 28% on my sale again of the October GLD call, and sold out all my long term treasuries for an overall 18% return, principal increase by price and interest rate.
I did almost the same with you last week and have made money consistently with you after 60 months of Advanced Mentoring.
At the beginning of Advanced Mentoring I screwed up and started trading and I did not trade the bias you told me, wrong as I thought it was, but traded the bias I heard from Kramer, CNBC, and in the news. I lost 36k, and this is when I joined Advanced Mentoring.
My investment in Advanced Mentoring (http://www.oexoptions.com/AdvancedMentoring/AM.html) shocked me, as it is expensive and you are very blunt, very focused, and are a clearly liberal and argumentative. You have not made me a cynic, nor do I think you are, but I you have made me learn to the core of my being where I have been falsely taught all of these years. There is no doubt for why you and your company are so well known.
You teach, care, and focus me. I am proud to be your student."
George J, Seattle, Wa"
_________________________________
I teach trading stocks and options so that I may teach myself each day what I have already learned, but could easily forget. This daily alert is how I trade stocks, options, currencies, and "think about the market."
I teach because I am a psychologist and enjoy seeing the human mind open up.
I teach because it stops me from making my own mistakes.
That should answer: Why do I trade?
"Make sure you have a jester because people in high places are seldom told the truth." - Radio caller to President George Bush.
I am that jester. You need me to help you see where you are lied to and how gullibility is so easily spread in the Murdoch nation.
__________________________________
The day after Labor Day historically the Dow has been UP 13 of the last 16, with major jumps in 1997 and 1998.
I made money on a signal you gave EVERY day last week on the OEX, averaging 21 to 36%. I additionally made 28% on my sale again of the October GLD call, and sold out all my long term treasuries for an overall 18% return, principal increase by price and interest rate.
I did almost the same with you last week and have made money consistently with you after 60 months of Advanced Mentoring.
At the beginning of Advanced Mentoring I screwed up and started trading and I did not trade the bias you told me, wrong as I thought it was, but traded the bias I heard from Kramer, CNBC, and in the news. I lost 36k, and this is when I joined Advanced Mentoring.
My investment in Advanced Mentoring (http://www.oexoptions.com/AdvancedMentoring/AM.html) shocked me, as it is expensive and you are very blunt, very focused, and are a clearly liberal and argumentative. You have not made me a cynic, nor do I think you are, but I you have made me learn to the core of my being where I have been falsely taught all of these years. There is no doubt for why you and your company are so well known.
You teach, care, and focus me. I am proud to be your student."
George J, Seattle, Wa"
_________________________________
I teach trading stocks and options so that I may teach myself each day what I have already learned, but could easily forget. This daily alert is how I trade stocks, options, currencies, and "think about the market."
I teach because I am a psychologist and enjoy seeing the human mind open up.
I teach because it stops me from making my own mistakes.
That should answer: Why do I trade?
"Make sure you have a jester because people in high places are seldom told the truth." - Radio caller to President George Bush.
I am that jester. You need me to help you see where you are lied to and how gullibility is so easily spread in the Murdoch nation.
__________________________________
The day after Labor Day historically the Dow has been UP 13 of the last 16, with major jumps in 1997 and 1998.
Subscribe to:
Posts (Atom)