Hold Short for the Weekend?

OK, I confess!  I’m short again thinking the market is about ready to fall on its toches. We are up half a ham sandwich for the week, but that’s ain’t much, but we continue to hold the short position and may do so through the weekend. I don’t know if we have ever talked about the Friday holding decision, or not.  But it’s one of the most difficult of all. If you are long the market (expecting it to go up next week) it’s easy:  If you are short the market and … Continue reading

Coping: Prepping Adventure in the Bathroom

Prepping lessons from a bath remodel?  Yessir.  There’s a gaping 24-square foot hole in the Ure master bath this morning.  Elaine had a sleepless night thinking about it.  “Gives me the heebie jee-geebie’s” is her description of things.  Something about fear of insects coming into the house… As reported Thursday, a hidden water leak is the cause of this misery, but having all the tools in the world and a Lowes half an hour away makes it really a matter of attitude and project management. This morning, around 9, we … Continue reading

Washington Psychodrama, Boring Markets

Although we are now about 16-months into the liberals bashing Trump, and continuing to live the lie that Hillary would have been better, we aren’t seeing much progress by either side. Instead, the game of “He said – she said” continues…and it has absolutely nothing to do with Russian influence.  Anyone every really look into Uranium One?  No?  Email server?  No. Tawdry affairs of Trump long before he became president?  Oh hell yeah.  Which just this morning we’re reading how a former Playboy model has reached a negotiated settlement allowing her to talk freely … Continue reading

Coping: The Danger of Owning Tools

You ever hear the old saying, “Be careful what you wish for?” Owning tools – lots of them, enough suitable for every aspect of home building and remodeling, farm equipment and auto maintenance – is that at some point, the intention that causes one to collect tools will also manifest the need to use them. Take this week, for example…please! (continues below)   I was almost done Monday putting together my “octopus” for the built-in shop vac. This gets us into a short sidebar discussion about how shop vac components are not designed … Continue reading

Basic Charting Technique

Over the years, the two simplest and most rewarding charts I’ve used have been trend channels and Elliott Wave counting. This morning, by request, an expanded ChartPack which will deal with how – and why I draw those lines on otherwise perfectly inscrutable charts… More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center. … Continue reading

A Do-Nothing Year for Markets

We have a strange way of looking at markets.  Theory I cobbled-up called Aggregate Market Theory (AMT). The thinking is very simple (with me, it would have to be, right?)  If you have 10-dollars on you, it doesn’t matter whether you have a five in your left pocket and a five in your right.  Or, if you have all $10-bucks in your back pocket.  It’s still just $10-bucks. Likewise, it doesn’t matter where the Dow, S&P 500, or NASDAQ Composite like.  What matters in our way of looking at markets … Continue reading

Coping: A Case of Co-Dreaming

I’ve been sitting on this for several days, coming to grips not only with the event I’m about to describe, but also its ramifications for a new field of science I quite accidentally stumbled-over in the past few years. I will hold off on naming the “new field” until my next book is done.  But I will explain the concept of “co-dreaming.” If you’ve read my novel “DreamOver: Action-Adventure on the Frontiers of Reality,” you have a head-start on grasping the concept.  In that book…. (Continues below)   …a U.S. … Continue reading