Stay sharp! The action today felt like a lull into complacency. A sort of lullaby to sooth the beast before driving a lance down through the spine. Of course, we do not trade feelings. We objectively observe the market and its two pillars—price and volume.
It was unfortunate I was unable to prepare hypothesis before today’s session. An antivirus update tossed my machine into disarray minutes before the open. As enticing as this may have been to trigger anxiety or stress given the gap below yesterday’s range and my nearly 100% long book, I simply rebooted my system and brought my systems back online while enjoying my chicken and beans.
The white linen suit I have worn throughout this warm earning’s season was sullied by my decision to hold a runner in GRPN calls. My angelic beach gown now has a mustard stain on the right breast because I gorged on my hot dog without proper planning. I feel no shame from such actions, only a push to stick razor tight to my plans going forward. Every deviation from plans hurts me. Each action you take should be without impulse and toward a greater purpose. Act not on whim.
Two times this week a rumor has spiked one of my positions. Both instances are positions I have earmarked for September, a future so distant I hardly give it much thought in the present. Both times I have laughed at such rumors, watched my gains fade off, and gone on with the day as if nothing has changed. I will let you in on something…NIOTHING HAS CHANGED, yet.
Change is a force consistent in nature. Change is how you came into existence, yesterday a blob of semen, tomorrow embalming fluid, ash.
I will see both Whole Food and internet radio site Pandora to much higher prices. How high? $42.25 for the former and $28 for the latter, to start.
This big book is an honor to manage. Its many moving parts invite the mind to work and decide. Yet I desire to hit some targets soon, for the weight of it all is impressive. This too is temporary.
I offer the following serenade to the stock gods, may her soothing voice bring forth the fate of sellers no sooner than is proper:
If you enjoy the content at iBankCoin, please follow us on Twitter
