man you are layin’ down some good stuff here

Brazilian, Portuguese?

whatev, nice stuff…words to the wise…

nice post, loved this:

(3) Reinforcing #1 & #2: Results = intentions. There is no “them,” just “your” results that “you’ve” chosen. Period. If you’re busy blaming the PPT and others for your choices, then that’s just one big honkin’ blue pill. Don’t choke on it.

I see a lot of people bitching about this stuff all the time, especially lately, the market right now, it is what it is, deal with it.

As for your advice, I basically gave that same advice here several months ago, if you aren’t going to trade you shouldn’t be anywhere near this market.

@I-Man: Just listen to Jones (or his alter ego) via Amazon’s CD offering of Market Wizards. As a former welterweight champ, he’s an indomitable buy-low-sell-high guy. Take that to the extreme, like this morning’s bottom confirmation, and look around — you’ll start to see what he’s after.

A few key things for all of us to register & remember:

(1) A great deal of what everyone ‘thinks’ — including you and me — is pretty much group-think bullshit. If you refuse to swallow the red pill, i.e., refuse to realize the Big Idea message behind the concept of ‘fractal,’ then IMHO eventually you’re flushed and done in the real world of fractal-semiotic trading. Also Matrix-like, once you truly perceive what’s really going on (BTW, you undoubtedly already see it — your ego is just shutting out the reality), you might just throw up…but y’gotta keep on going.

(2) Per Ed S.: “Everyone gets what they want from the markets.” If someone is regularly losing money, then that’s pretty much what they’re after. Philosophically, Ed’s cutting his own path to a large degree, but he gets dharma, and essentially tells losers that they’re not listening or looking for their right path, and losing is just the universe’s way of turning up the volume til they get it. If they refuse to get it, well…not to be harsh, just slapping to consciousness, but it’s questionable as to whether or not they’re actually alive if they’re not reactive to stimuli.

(3) Reinforcing #1 & #2: Results = intentions. There is no “them,” just “your” results that “you’ve” chosen. Period. If you’re busy blaming the PPT and others for your choices, then that’s just one big honkin’ blue pill. Don’t choke on it.

Thus A Major Caveat: I strongly encourage a full-fledged and permanent trading halt for anyone who isn’t regularly making money in the markets. You have no idea of the risks you’re facing — to yourself and your family — or how bad this can get. Find something else to do with your life… something you actually enjoy… something that contributes to society and the human world at-large. What to do with your money? Watch more Seinfeld:

JERRY: I’m not an investor. People always tell me, you should have your money working for you. I’ve decided I’ll do the work. I’m gonna let the money relax. You know what I mean? ‘Cause you send your money out there – working for you – a lot of times, it gets fired. You go back there, “What happened? I had my money. It was here, it was working for me.” “Yeah, I remember your money. Showing up late. Taking time off. We had to let him go.”

END OF SHOW.

I hate to do this to you, though, see– http://clusty.com/search?input-form=clusty-simple&v%3Asources=webplus&query=Paul+Tudor+Jones

4 starters..

w/that, it gets, pretty, self-explanatory..

All the scenarios could happen, should be an interesting second half of the month, July tends to be the best month of the third quarter according to the almanac. In any event, while I traded most of this rally on the long side I’m still very bearish in the big picture.

It’s been pretty easy to fall out of love with a strategy that seems so good since March. I didn’t do it with SSO but got burned twice in SRS. Thankfully there is a such thing as a stop.

I traded on this notion but suppose you lose some conviction watching SSO tank on the intra-day last week and do lots of technical damage.

A pure-play in the sectors you mentioned is probably a better bet considering the backdrop of this economy. The bar is set low, but I believe investors are more keen on guidance then actually beating the number. I did see the AAII report and that could be indicative of a counter move, but the MSM is not giving anyone the warm and fuzzy feeling and inflows in equity mutual funds were negative last month, with a sharp rise in money flow to bond funds. I’m looking for treasuries to move lower and oil/materials to move back up as a sign this market can make another leg up.

http://www.bloomberg.com/apps/news?pid=20601039&sid=awZJNZCT7waY

Stick around. I hope you are here when I’m done letting Mandelbrot marinate in my dome piece…
I find it all, well, fascinating. There was a fantastic program on PBS not too long ago about him that mentioned Technical Analysis… got me thinking. But where does Paul Jones fit in?