My Thoughts Mean Nothing

480 views

This is a healthy reminder that my thoughts mean absolutely nothing. Mr. Market doesn’t care if I think the world will burst into flames tomorrow. Mr. Market doesn’t care if I believe a given stock will go bankrupt. Mr. Market doesn’t care about your thoughts either and neither do I. Guess what I’m trying to say is this; Mr.Market will do whatever he wants.

I’m trying to remind myself of the above facts. While trying for the death of me to let go of my expectations, my ego and my confused perception of the market. I’m trying to jump into this market, but I feel like a 500 pound hummingbird. I can’t fucking move. I see stocks breaking out and moving higher, but something is wrong. Can’t explain this. Do I jump on this bandwagon with bearish sentiment at all time lows?Was 2011 just a bad fucking dream?The TLT at these levels, yet the stock market rips higher? Seriously?I have to ask myself, if bonds are smart money, who do I bet with?

Meanwhile, gold has put in a bottom. This shit is serious. Park all my money in gold Peter fucking Schiff style? Sounds like my best plan currently. Gold stocks, along with gold seem to have all put in bottoms. These idiots talking about a gold top, are they serious? The gold story hasn’t changed and politicians are as eager as ever to print money. Watching the GLD, if it were to move below $154 I would assume this is a fake bottom. Otherwise, I’ll be buying till I carry gold bars into the grocery store.

6 Responses to “My Thoughts Mean Nothing”

  1. My thoughts mean nothing either but I see two gaps below $154 that need to be filled so I think you’re selling yourself too short if you call a breach of $154 a fake bottom. Just My Opinion and I’m sticking to it.

  2. Nice post.

  3. You just crack the secret code to trading success. Ignore your thought and listen to the market rhythm, either by chart or tape reading, and you are on the way to be a top trader.

    You already know trade management, so you are more than half-way there!

    Good Hunting!

Comments are closed.