I expected choppy conditions heading into today. If the surprise nature of the early strength paired with the digestion of Uncle Carl’s special video wasn’t enough, we had the added chopping effect of a Consumer Confidence report. A younger Raul would attempt to press trades on days like this, often firing 20-30 trades by noon only to open up the old p/l which would be a mild shade of green before my broker got paid. Then it was a losing endeavor. At that point I would overeat at lunch, usually an extra fatty burger, then sit in a comatose state until I was dismissed, completely controlled by mother market.
Gone are these days, I tell you. I have bigger battles, like world dominance. With new responsibilities came the need to streamline my process. In short, I trade less.
Anyhow, I only had one trade thus far this morning, right around 11:25am, a long. It lasted just under 4 minutes and earned me another week of freedom from corporate oppression. It’s cool, yes?
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Raul – come this Friday, I will now be dwelling on my week equalling your 4 minutes… I know there’s more to it than that, but it will still result in a tad of solemn silence, and a more reserved ‘pay-day jig’…
It wasn’t always like this Unc, and these conditions very well could vanish soon, esp if ‘the’ analogue holds true 😉
Love that picture.
classic…can I call it classic yet? I say yes
Btw, not patronizing you. Just like saying ‘pro gap’ and throwing hypos out into the internet.
In that case, I am glad you stop by. Please continue to share because I love when people talk my language 🙂
Raul, your writing style has become even better now. Love your posts! Btw, out of curiosity what was that 4 minute trade that relieved you from one week’s oppression?
around 11:22am, after a valiant push higher, we pulled back to open print 4102.75. A few moments later we had a coordinated buy strike, around 4110 and that trade yielded 6 NASDAQS which is about all I look for on a choppy day.
That’s what she said…
lionel richie