3 posts tagged “markets”

Right now I feel like I have been whupped (not whipped) into shape like a new recruit at boot camp by a crazed-on-the-surface-but-highly-professional drill sargeant.

Everything has been for my good, but the lessons have me a little too sore to celebrate the long-term benefits today.

Yesterday I reaped a significant windfall only to end up with a loss for the day.

Today I recovered yesterday's loss and advanced everything beyond its original balance but I failed to take advantage of two to three key opportunities to fatten everything even more.

I am glad about not losing but I am slapped in the face about having a blind spot in an area that I was fully aware of that would have advanced my cause further.

Our oldest daughter received a Nintendo DS Lite from Santa for Christmas and lo and behold, I can tell that playing the games is improving my investing skills on an ethereal level.

The same motions, traps, and pitfalls that one encounters while playing video games are the same ones that occur while investing.  I need to seek a grant to further prove it although it is now obvious to me:)

I am not talking about one of the latest games either.  Since my wife and I returning to the world of video gaming, we picked out the Namco Museum game which includes Pac-Man, Galaga, Galaxian, Xevious?, Mappy, and a few others for a total of 7 games I believe.

Playing these games that were created in the early 80s showed me how it is so easy to know what is going to happen next but fail to move or click in the right direction at the right time.  Remembering the big picture is so critical as a skill in many endeavors.

But now the lessons have been learned and learned well I might add.

I feel like Orlando Bloom's character within the movie "Kingdom of God" when he was brutally slapped in the face and told to "Arise as a knight".

It is going to feel better in the coming days, months, and years, but today I have tears (and not mist) in my eyes and I am not ashamed to say it:)

I am just glad that my head was not detached from my shoulders!

Peace!

Today's financial markets have been so one-sided that a lot of traders are standing on the sidelines and I am one of them.

The danger in a single-sided market is that you have no clue when things will reverse (usually right after you get in--wink wink) and pull the same magnitude within the opposite direction with breakneck speed.

Until that point is changed and it may take 2008 to get somewhat back to normal, today is a day where I am saying "Better let the big dogs eat and stay on the porch".

I had a little fur taken out of my Bearcat mentality and trading philosophy today and I will lick my wounds until further notice:)

Peace!

I was trading when the news first indicated that she was assassinated.  Then a correction was almost immediately issued that indicated that she was severely injured.

Once the news confirmed that she was indeed martyred, I could tell that the today was not going to be the same.

Time went into suspended animation and within such moments, everything such as time stands still and the feeling as if one is at the top of a roller coaster before the plunge kicks in and there is nothing that can be done about it.

Right now it appears as if the markets have yet to fully recover from an operational standpoint and everyone is taking the time to digest the impact.  I sure do not feel like doing much in the aftermath.

The oil markets have already skyrocketed as a result and everyone else is not feeling like doing much at this time.

Bhutto was one trying to lead her country into a new era.  Sadly, she had to give her life in the process.

She was a very beautiful woman and you could immediately tell that she was dignity.

Rest in peace Benazir Bhutto.