Smackdown: Larry David, or Steven Segal?
No promises... No blood-oaths... No guarantees.
...after all -- this is free. And I ain't ever
been a big fan of free....but, we'll give
it a shot.
My schedule is becoming more normalized, with less
travel, more home office time...and Sunday nights
look workable going forward.
So I will do my very best to try to return to our
regularly scheduled programing... and do a weekly
"Sunday Night Smackdown."
I'll be using a week in review format,
along with an occasional rant and an outside the
box idea, or two.
We'll feature some charts, along with some picks and
pans. We're also going to try to do something new.
We're going to not only ask for opposing views,
we're going to encourage and foster it.
So, let's try Sunday nights...
9 p.m. EST (New York time).
The theme of this weeks Smackdown is:
"Curb Your Enthusiasm."
I know, I know, I know...
"Curb" your enthusiasm?
After this week?
What happened to the pom-poms, the marching band
and victory cigars?
Well, let me tell you what happened...
What happened is that we won a few rounds. No more,
no less. Like I said before -- you must be prepared
to fight, for your right, to this bottom.
And make no mistake about it -- this is a 15 rounder. A
championship, title fight. No 10 rounder, and definitely
not a 5 round exhibition, or a 3 round tune up.
Here's another mistake not to make...
Respect your opponent. Because you are in the ring
with Mike Tyson in his prime. Not a sparring partner.
So save the victory cigars, put the pom-poms back on the
shelf and don't schedule the marching band just yet.
Sticking with the boxing methaphor...
Great fighters always have a gameplan. They've studied
their opponent. They've watched film, know tendacies,
strengths and weaknesses. They know their opponent
inside out.
But, most gameplans quickly come to an end the
first time you get caught on the ropes, or take one on
the chin.
The ability to change tactics, to know when to cover up,
when to rope-a-dope...and when to unleash a flurry and
move in for the knockout...are the tactics that separate
contenders from pretenders.
So tomorrow night's Sunday Night Smackdown will be
about trading tactics.
This week we borrowed tactics from Steven Segal's
Martial Art style of Akkido.
Akkido is based around using your opponents momentum
against them. And that's exactly what we did (along
with a little help from Gentle Ben).
Thanks to the no up-tick rule...shorts barreled in full
throttle with massive momentum. That momentum was then
used against them.
One hole in the shorts gameplan was in under-estimating
the weapons that the Fed, the Treasury and the PPT
have available to them.
Talk about getting the most bang for your buck...
Bernanke's tactic's and his timing were
brilliant. I think even the bulls have to give him
a nod for that.
Anyway...I'm going to invite someone I have great
respect for here on SI to share his recap of what
he saw this week and what he sees going forward.
It's Jim P.
Now this is short notice...and he's had no advance
notice, I'm going to PM him right after I sign off
writing this post, and ask him to share his thoughts
on - the week that was.
I'd like you ask of you to encourage Jim to share his
views... so post your thoughts publically, or PM him
if you'd like to hear more from Jim.
This is a great opportunity to turn the tide of this
thread to what I've always hoped it could be. A thread
featuring intelligent macro analysis and discussion on
the broad market...and specifically, on the commodity
and precious metals sectors.
I'm not looking to turn this into a day-trading thread,
filled with pseudo calls based on nothing but
testosterone laden, wannabe one-upmanship.
If that's what you want... there are plenty of threads
on SI where you can find that. We'll use a "3-strikes"
and you're out "ban" policy here. 3-days in the penalty
box for offenses such as petty personal attacks and
general disruptions...and instant permanent bans for
anyone using multiple screen names and popping up with
a new alias directly into the middle of an on-going
broo-ha-haa. No time for that... and no tolerance
going forward...and yes, Ron that means you too.
...last warning.
'nuff said.
And as far as "curbing your enthusiasm" I'd encourage
anyone who is feeling "too big for their britches"
here to re-read these great posts from jimp:
Message 23328874
Message 23329489
Message 23760215
Message 23762339
Message 23768912
Message 23784625
There was money made in both directions over the last
couple of weeks and there's always more than one road
to the top.
Jim and I actually agree on many things. The debate is
not about who's right, or who's wrong... the debate is
about THINKING. It's about respecting your opponent and
seeing all possible outcomes and not becoming tied
emotionally to one tunnel-visioned view of the market.
Viva le' difference...
And don't forget to send jimp a PM, or post publically
here to encourage him to share his thoughts and views
Sunday night -- if he has time.
'till then,
SOTB |
