Index Moves Only

I spend my mornings like any humble speculator. Wake earlier than most, shower and have a nourishing breakfast, spend time enriching mindfulness, build a plan of attack for the morning, then grind out the first hour or two of trade to earn a few clams.

Then my attention quickly turns to stock picking. I have a rule, if I do something for too long without making money then it’s a hobby. I can assure you, picking stocks is not a hobby. Aside from the drubbing I received back in The March and the breath holding contest of September it has been a fruitful endeavor.

Yet, part of me, the cynic, wants to kill all of these stocks and leverage where things are actually working, trading these index markets. But then I recall the egregious money making ability of consolidation breaks. 2 breaks pay down 6 fakes, I kid you not. So I stick to the swings too.

I grabbed a fist full of dynamite sticks yesterday and today, buying Z, P, NOR, and CLR. I have loose cash still. These trades are intended to last a few days, like sore muscles from a vigorous workout. But I am flexible—if they work right away I will take profits. If they heap dung upon me I will heap dung upon them. I have no time to stink up my book. The year end is fast approaching.