Psychology 
Nothing Nothing(0)
Options expiration is never easy.
The conundrum today was presented for members to review premarket…
We like the half gap and gap play, which is already underway
The 92 support has not been broken
Don’t be faked out by that overnight plunge…look at the volume; how many traders really participated in that?
The 04.75 demon is resistance, and could blow [...]
Guns, Butter, and a loaf of Bread
I had a fascinating discussion last weekend with a relative who is from Germany and remembers the hyperinflation of the Weimar Republic. She was a young girl then , and summed up what it felt like this way: “People would cash their checks in the morning and run to the store to buy bread, because [...]
Tiger by the Tale
This is a tale of two tigers.
One was an outstanding athlete, and tragically had a life snuffed out prematurely by leukemia. Ernie the tiger was an example on and off the field. The Elmira Express won the Heisman trophy, had his jersey retired by the Browns, despite never playing a single down in the NFL.
His [...]
Fear
Scared money never wins.
Did you ever see a “tight” basketball player shoot free throws? A baseball player swing a bat at bad pitches?
Not a pretty sight.
Playing the markets is just the same; loose and relaxed, reading the tape.
Tuning out the noise, the crowd, the coach, the other team, and effortlessly making it happen by focusing on our [...]
More in this category:
- A little t
- Suspicious minds
- The Ahaa ! moment…
- The Long Way Home…
- Emini mind games
- Markets have Memory
- Psyche 101
- Chicken Little
- Angels and Demons
- Smoke and Mirrors
- Gotcha
- Mirror day
- Humpty-Dumpty
- Fallen from Graceland
- Eisenheim Day
- Confuse us says: The long and short of option expiration
- First things first
- Lemonade
- Rocket Man
- Shake and bake
- Planning for success
- Behind the scenes
- Tug of war
- Stymie day
- Why the average trader loses
- Yeehaa Day