Surprise!  Looks like UPS missed rather badly. Amazing how it was coincident with that failure at significant resistance, yesterday, no?

Not really, actually.   I find that if you take the position that the market is always smarter than you, you’ll be in a much more mentally secure position as a trader and even investor.  Think of the market as that extra-special clever friend, who doesn’t mind seeing you make money if you’re careful, diligent and valorous, but who also takes delight in your being hurled from ninth floor parapets onto the rocky shoals below.   Not very much unlike this guy….

[youtube:http://www.youtube.com/watch?v=pWS8Mg-JWSg 450 300]

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