Stop losing your own, and other people’s money! Where’s your goddamned sense of pride? Wait for the inflection point, and then ride the trend. Until then, there are worse things in life than sitting on a pile of cash, waiting to allocate it when the time is right.
[youtube:http://www.youtube.com/watch?v=67qEA0r5TDE&feature=related 450 300]
NSFW!!!!
I know, I know. It is *slightly* edgier content than Brunch with Steven Place.
i’ll show some skin this wknd
do it…do it…DO IT
Thanks for the warning Steve 🙂
Well said! There are people following these traders without the know how or the ability to be as nimble as you need to be if you chose to hop on this roller coaster. Thank you for your many words of wisdom.
Thanks for being a loyal reader.
wise words, thank you
Interesting how we ran right up to yesterday’s highs.
Words of wisdom from OEW:
“We’re very close to getting a confirmation that the SPX 1041 low, a week ago, was an important low. Short term OEW charts have swung positive again as this market continues to vacillate above and below the 1090 pivot. Overhead resitance remains at the OEW 1107 pivot and support at the OEW 1058 pivot.”
Breaking that 1107 pivot could change things ….