SFS on the Cable

Bears and Nuclear Submarines -- it's funny folks

Wednesday Musing Gold Moonshot? Nas bear scare

The following 3 are some of my favorites -- anyone guess what they are?

The usual cast of characters!

The Market, the perfect deceptor, 1st day of month

Near perfect!  Deception.

Market gapped up, meaning a near 100% chance of an up day, and then proceeded to tank. 

Anyhow, seeing that the recent stats on "1st day of month" were being given the bird.   

Played a short and closed it out about the PRS channel line, not some short term floosy one week stand channel line, but the main PRS up channel from the September lows.  

1st day of month

I usually try to "second guess" these "obvious things".    Not good.

To win in this market you need to be super smart or accept acting kind of dumb.    The kind of smart and actually smart crowd is the Mark.

So try dumb for a day.   First day of month, only thing better than the predictable end of day ramp.   Don't complain, make money.   Got it?

FF backtest tomorrow?

Prove a point, per my previous post. The Great Ponzi, the biggest of all time in history of humanity is being pulled off on a grand scale, and CFTC is showing how they can attack the small fry, kick a conviction or a plea, put a notch on their resume, promote themselves in government service. What a joke.

CFTC Charges Florida Resident David L. Ortiz and his Companies, Goyep International, Inc. and Royal Returns, Inc., with Defrauding Customers in an Off-Exchange Foreign Currency Scam
Mon, 28 Feb 2011 12:06:00 -0600
The CFTC filed an anti-fraud enforcement action against defendants David L. Ortiz of Vero Beach, Fla., and his companies, Goyep International, Inc., of Vero Beach, Fla., and Royal Returns, Inc., of Hollywood, Fla., charging them with operating a fraudulent off-exchange foreign currency (forex) scheme that accepted funds totaling at least $420,000 from at least 10 customers.

Accomplish when not blogging

Been  meaning to do this........lots more time when not blogging.....

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