Al E Oops
Eminiwizard website is being moved to a new host, so he did the back door move. He asked another wizard (me) if I wanted a guest speaker so he could post in a timely fashion.
Half heartedly, I approved: “Not to worry, It’s all the same to me.”
————————–
“You could do worse, and always halve.”
Uttered by none other than the wiz kid himself, Alfred E.
No Einstein, but half as smart anyways with an IQ of 57.
————————-
Today’s resistance I chose as 62. I know, a half-wit like me challenging the MATD phenomenon, and super trader CF who wanted 1169.
My reasoning: Huge day yesterday, so consolidate today. Members hit the mute button after the umpteenth time I said fuggedabout it ; we are not going to plunge. Probably Mute when they first come into the room if they are smart, but how smart can they be to listen to a dimwit like me anyways?
Trap the aggressive traders who want long, then trap the late shorts was my not so original idea. “If we get to the 52 target, consider that a gift”. Our primary magnet was 51, and I didn’t want to get caught there. PP was 50.38, and the market made dumb E look smart.
Just goes to show you, what do I know?
“Don’t over trade”, hit and run for a few points was our mantra.
Did you note the 58.75 yesterday high as resistance area? Or the test of 53.5 weekly high from last week?
All clues, for those who pay their dues.
51 support for EOD bounce into the close, target 55.5
“In retrospect it becomes clear that hindsight is definitely overrated!”
DM came and chatted after the market about some work he is doing(not THE DM, but another dm; The big kahuna is Really smart.)
Impressive. I remarked how the most important idea was that he OWNED the work, meaning developed it, so he could see the market more clearly the way his mind works.
———————————-
Don’t just blindly follow a guru… even some one as smart as Alfred E.
Hopefully, however, we will all remember him in November…
“He has run for or been nominated for President many times since then (1956) with the campaign slogan of “You could do worse, and always have!”.
Make sure this is one of the books in their library before you pull the trigger on election day… I don’t assume they know anything if they are over the age of 5.
—————–
For all you new members of the Legion of Super Heroes, a big thanks to CG and all who use this neurotic / oops neurobic Halloween exercise.
We age by staying in a rut, and a rut is one foot already in the grave they say.
Who knew such wit available in only half a brain?
“Getting old is when a narrow waist and a broad mind change places!”
————————————–
Investing Blog
Post a Comment
You must be logged in to post a comment.