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  • Where Are the Customer’s Yachts?

    Where Are the Customer’s Yachts?

    Where are the customer’s yachts is a great book to read. It criticizes investment gurus and brokers and defines the stock market as a casino where the only winners are the stock brokers. One of the classic stories in this book is about what would happen if 4000 people started flipping coins against each other [...]

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  • The World is Coming to an End. Why am I not Afraid?

    The World is Coming to an End. Why am I not Afraid?

    The stock market is stealing everybody’s earnings lately (even mine). The stock market slump has been fast and brutal. Its current six week decline is the longest since 2001 and that is saying a lot. I will be watching the SP-500 1250 levels. If that level does not hold I will become a perma-bear and [...]

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  • I am Back…

    I am Back…

    I was gone for a while. I was writing and testing new systems (I wrote or improved about 12 stock trading systems). They run the gamut of short-term, long-term, trend following, and counter-trend systems. I also read upon the work of John Ehlers and began implementing some of his stuff (I sound like Doc Rivers). [...]

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  • Options Maximum Pain

    Options Maximum Pain

    Maximum Pain is one of those theories out there that can be characterized as  unproven, anecdotal, sometimes true & awe/fear/anger-inspiring.  It’s essentially a big middle finger to the option-buying public from the Market Makers/assumed option sellers/hedgers. The theory mostly comes from the general assumption/old-wives’-tale that [make up a percentage, say 80%] of all options expire [...]

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  • Interesting Stocks for 1/3/2011 – Bring the New Year!

    Interesting Stocks for 1/3/2011 – Bring the New Year!

    After the stock market operators decided to croak some of our longs on 12/31/2010 we seems eager to declare that they are just playing games. We believe the stock market is going higher for the time being. We are also ready to change our stance if conditions change. PBJ- PowerShares Dynamic Food & Beverage Portfolio [...]

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  • Interesting Stock for 12/30/2010 – Gaudi Edition

    Interesting Stock for 12/30/2010 – Gaudi Edition

    We have to buy a stock for one of our four paper trading accounts (we continuously practice and experiment our craft). In this edition we feature Mosaic Corporation. Its entry point is 74.25 using the Darvas system (breakout). I do not think we can get in but we will try. It is clearly breaking out [...]

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  • Interesting Stocks for 12/27/2010 – Some ETF Love with a Twist from the Pacific

    Interesting Stocks for 12/27/2010 – Some ETF Love with a Twist from the Pacific

    Today we have three etfs for your amusement and edification. The stock market has been really thin on volume. We expect that as managers go on vacation and leave their evil minions (underlings) to play with their egos, algos and their little computers. However, price over volume and price action has been good. We take [...]

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  • Interesting Stocks for 12/22/2010 – Bringing the Holiday Cheer with Cool Stock Profits

    Interesting Stocks for 12/22/2010 – Bringing the Holiday Cheer with Cool Stock Profits

    In this edition we feature four stocks that we are trying to enter positions with real money today. We are cautiously long but ready to switch to a bearish stance as conditions change. We stay vigilant due to low volume during the holiday season. We are concerned that some “window dressing” might be happening as [...]

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  • Interesting Stocks for 12/14/2010 – Free at Last

    Interesting Stocks for 12/14/2010 – Free at Last

    We recently finished our first 15 credits of the MBA program and as Thomas the Train would say: Bust my Boilers, we feel crossed. Anyway, we got stopped out of a position in TLEO today with a 2% gain and decided to enter two new trades: one for our real account and two for our [...]

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  • Free Access to Investors.com

    Free Access to Investors.com

    We are not getting paid for this endorsement, however, we are advocates of quality information and Investors.com just delivers. Point your browsers to http://www.investors.com for free access to their premium tools. Just today we were using their magnificent stocks under 10 dollars screen to gather new ideas. An old friend (Krispy Kreme) is popping on [...]

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