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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Sultan who wrote (40157)1/30/2001 12:30:26 PM
From: Canuck Dave  Read Replies (2) | Respond to of 56535
 
I have a strict "No TV" rule during trading hours. It's distracting.

In fact, I've also cut down on my thread stuff and reading during the day, too. Just concentrating on the action. Today's the first day in a while I have SI open. Just an experiment in being focused.

CD



To: Sultan who wrote (40157)1/30/2001 1:31:43 PM
From: LTK007  Read Replies (1) | Respond to of 56535
 
<<Another guy who is very articulate and very depressing is Jim Grant.. You should catch him when he shows up now and again on financial shows...>> we MAY again have our day---we don't wish doom but we simply know what oft happens when one lives in an age of rampant gambling. The market does not NOW collapse because Mania is intact and economics remain an irrelevance---however,if you can sustain the Mania all the good luck to you.This is NOT a contest of who is right and who is wrong,it is the clash of ideas,however,from what i read from history,if the market crashes the doomsayers will have to go into hiding as in this world of superstitution,the pessimist are viewed as having done harm by NOT thinking with the crowd--non-conformism is and always will be a hazard.It is like the Market is this big Pep Rally,and if you don't grab the poms-poms and hoot,but instead go boo! you don't belong to the same race.
When the Boomers start to retire,and they can't gamble-on and must cash in their chips,all hell will break loose.The Boomers are that swollen spot in a Python that just ate a Pig,so you who are younger than the Boomers beware,this is the Boomers market and it will end with them if they are lucky or it will blow up in their face too soon,and then they will be very unlucky,but whatever happens,it is of their making,as they built the Casino.Max gives his opinion.