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    What is the worst thing you do when you get mad at a bad trade?

    What is worse is a bad day all around. I would always take the next day off.
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    New ET Member 25 Years in the Business

    DO NOT UNDERESTIMATE THE POWER OF THE BEAR the next 30-60 days of data are critical timing is everything the market will give me an indication when it does i will write about it do not miss it i write everynight on my website
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    New ET Member 25 Years in the Business

    You are a Blue Ribbon Kind of guy. God bless Peoria, Illinois.
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    New ET Member 25 Years in the Business

    I write a daily market commentary. 90% of the time, my writings are based upon the equities and securities markets. My weekend commentaries are written from the soul. They are very powerful. I am a new member here at ET with less than 30 posts. Why do readers attack those who express their inner...
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    Monthly Corn Chart

    Everything goes in cycles. This year all the dismal (wet) weather passed well south of Chicago and Iowa. Nebraska was borderline dry. I am a financials fundamentalist/technician, but pure mental when it comes to the grains. The charts tell me this is the year. With all the other bogus...
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    Monthly Corn Chart

    Being a technician and living on the paved streets of Chicago, only when it rains on LaSalle Street do we consider it raining in the corn and bean belt. Thank you for the heads up though. I really do appreciate it. This far north we have had no measurable precipitation this winter. We have...
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    Monthly Corn Chart

    There is a Head and Shoulders bottom on a monthly corn chart. This move could be big. $4.30 Corn??? Beans in the teens??? As diabolical as this year has been worldwide, this would be another negative for the consumer. Can it get any worse?
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    Soybeans

    I bought the beans at $5.70 and looking to add on with any correction. The corn has an island bottom. This is the year. Beans in the teens???? If you are not long you are wrong.
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    Consumer Confidence This Summer

    This summer, now that the war is over, CONSUMER CONFIDENCE will return. That is a beautiful thing. We will not have to worry about terrorism, because all terrorists will surrender. In cities like Denver, London, Tel Aviv and Seattle, terrorists will just walk into the police station and say...
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    You Do Not Sell New Contract Highs You Buy Them

    December 2003 Eurodollars through to March 2005 set new contract highs. December 2003 is the lead month in terms of volume. I trade March 2004. We closed today at 9866. My long-term objective is 9950, on the back of dramatically lower stocks. Do not underestimate the power of the bear. The...
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    You Do Not Sell New Contract Highs You Buy Them

    Eurodollar futures set new contract highs last week and again today. The Fed knows all too well how to fight inflation. Like the Japanese, they do not have a clue on how to fight DEFLATION. This 3 year trend will remain your friend in securities and equities. SELL MORTIMER SELL
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    Dow DEFINITELY looks good to 9000

    There are two lessons in life one should learn. You do not bet against little old ladies at the craps table and you do not fade Warren Buffet.
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    CBOT mini-sized contracts

    The ACE bond and 10yr are a great trade. A 10 tick move on a 1 lot is like a 6 handle move in the ES. ES is definitely more dangerous in my opinion.
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    "edge"

    In the trading pits of the CME, the edge is when the local has the same surname as the order filler.
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    Fear Will Reign Fear Is Not Good For Stocks

    I spent two weeks in Johanusberg in 1987 when Mandela was still in prison and apartheid was alive and well. The media portrayed the riots in Soweto as being major unrest in South Africa. Soweto is 1 square mile. The MEDIA blows everything out of proportion. I just reported the facts. The...
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    Bull Market???

    The war is over. The data can no longer be ignored. Good data is critical in May, for this rally to continue.
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    Fear Will Reign Fear Is Not Good For Stocks

    Sorry. Your data is 6,234 cases and 435 death. I missed the total cases by 3% and the death total by 5%. Let us get technical. SARS does not need to consume Toronto. At this time, there are not many American's booking holidays to Toronto. FOOD FOR THOUGHT How many from Toronto are...
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    Fear Will Reign Fear Is Not Good For Stocks

    Since March 12 when stocks bottomed out, the economic data has been horrific. The war is over and the earnings season is nearing its end. The marketplace has ignored the data for the past 6 weeks, HOPING for a rebound in consumer spending. The traders can no longer afford to ignore the data...
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    Non-Farm Payrolls -48k BAD IS GOOD?

    Bush is a man that lost the vote, but won the election. This man will do anything he can to achieve what his father could not. A 2nd term.
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    Non-Farm Payrolls -48k BAD IS GOOD?

    Jobs were not added in April. 48,000 jobs were lost. A total of 415,000 in the past two months. Jobs, or the lack of them will be the key. Consumer Confidence will be affected. The war is over. Now we can concentrate on the data. The data is not good.
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