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Catching Big Waves - a trader's journal of surfing the the markets
"In the beginning you must subject yourself to the influence of nature. You must be able to walk firmly on the ground before you start walking on a tightrope." - Henri Matisse
"Life is always a tightrope or a feather bed. Give me the tightrope." - Edith Wharton
"Being on a tightrope is living; everything else is waiting." - Karl Wallenda
"Skill is successfully walking a tightrope between the twin towers of New York's World Trade Center. Intelligence is not trying." - Marilyn vos Savant
Can you help answer these questions from other members on NexusFi?
"94.90". My stop at 94.89, theoretically, remains intact.
95 seems to hold some buyers still. As time passes, the trendline creeps up whether it wants to or not. No wonder they eventually break.
ES is falling apart tonight. Kind of. In a mild falling apart way. The upwards trendline is still 30+ points below. 1385 has the appearance of a major defense. And below that, 1375.
That last run up in ES really seemed like a lot of effort though. Summer?
Jim Rogers is a favorite market personality of mine. He commented recently about a coming "panic". Not this year, but on the horizon. That thought echos through my head. Has nothing to do with my trade stance today, or tomorrow. I was long only today. Go figure, a down day in a short-term downtrend. But I felt good about it. But still, getting so involved in trading, trying to guess where things are going, it is difficult to shake that thought that world panic is in the forecast?
I have met people with survival bunkers and automatic weapons. Will our world, in the US, ever get to where they capitalize on their foresight?
Would brokers' accounts be a safe place for a short sellers money if it did?
But tomorrow, above 94.50, I think I'll buy for now.
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Days like today have caused me to see something that is not there in the past. Crude may be resting now, but when it awakes it is the same beast it has always been. Little twitches mean nothing.
