Thoughts on a Friday Afternoon
Earlier I was saying to myself; "self, has anything changed today or this week regarding the intermediate-term technical, fundamental or geo-political backdrop?" Then I reminded myself that I am not a trader, and frankly stink at it (emotional Irishman as Bill Meehan used to call me), so let the pro's convey the current day-to-day message.
Again, I want to convey that I will get to all the emails you have sent. The gremins in the system are still there, but the talented (and lovely) Snoop Casey found a way to work around that.
Hey Hoofy --- you want a piece of me?! I will lace you like a shoe!!!!!
My friend Fred is a little whacky but came through in a pinch. Thanks pal.
Everyday, I have to make sure I consider whether I am planning or projecting. There is a tremendous difference.
On the daily charts, the percentage of components that are overbought and oversold in the NDX and OEX are about as neutral as you get.
This weekend, I am scheduled to bowl with Toddo and Fokker for charity - that is going to be a ton of fun. Hey fokker...SPARE me!
IF you see us there, you may see why Toddo is increasing the referrals to my shiny scalp!!! :-O Don't worry - chicks dig bald guys! You got that Hoofy!!
The good news is the market is acting well considering nothing has changed. The bad news is that the market isn't rallying on the news that Saddam is destroying banned missile. I can't get rid of the nagging thought that the market considers more delay and half compliance by Iraq as a "bad thing." I will keep my political view to myself.
I am having so much fun writing for Minyanville. The 28th President had a great name. Think about it.
The greatest growth normally comes from the greatest pain if I am willing to learn. "The teacher will appear when the student is ready."
If somebody yells their argument louder...does that make it more right or are they just trying to convince themselves.
When you are having a bad day - just look at a picture of your kid (kids).
I ABSOLUTELY believe that Bill Meehan at times is talking to you through me.
THERE IS NOBODY IN THIS WORLD BETTER THAN MY FRIEND TODDO!! In a world where everyone wants to have a ton of friends, I have learned that if I have a few real ones - that would suit me well. I have also found out the way you know if a friend is real takes place when in the trenches. My man is real.
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