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bobjack

08/19/22 6:22 PM

#51470 RE: bobjack #51469

I guess the other possibility is that it is hitting the bottom of a narrow channel ,
130 minute chart, ascending wedge may have morphed into a channel.
Hmmmmm

jglider

08/19/22 7:00 PM

#51471 RE: bobjack #51469

It's a rain out for today. In the FWIW department.

one mistake many s/t traders make is trying to do too many things at once. GUILTY!! When gramps showed me the ropes we traded one thing, the NYSE. As I improved we moved on and after about 5 years he cut me loose.. .. Now for about 25 years I mostly trade the spooz, dollar, bonds, PMs, grains and oil.

Yet as long as I've done this and usually play by my rules, once in a while I still get hit. PMs in July was one. But there was a safety valve I set for the 18th I think???

There's a fundamental reason why PM stocks aren't working well. It's all about inflation.

Greed? Ya I've seen it and have even been there. Think of Kenny Rodgers and the Gambler, you have to know when to hold em and when to fold em.

I know how memory issues can cause tunnel vision as you say. Watched my father, his dad, a few aunts and uncles and dear ole gramps fight alzmheimers their last few years. I can't wait.

I find my self at times posting something I didn't want to because I still try to do 10 things at once. This afternoon was a good example. . If we repeat this weeks pattern I won't be surprised..

Some older friends of mine remind each other about the Rolling Stones song, "What a drag it is getting old."

Nothing wrong with taking a break. I'll be taking a lot of them as the kids are getting things nailed down pretty well.

The seedlings? We have lots of help as it's a community project. Many that are physically able will chip in a few hours here and there. Stupid me will stay with it until it's all done.. In our case a machine won't do the job as some areas are too hard to get at. 3 people working together is the easiest, one makes a trench with an ice chipper, the next guy drops it and makes a step on 2 sides, the third packs the tree in place with 2 more heel steps around it. Rotate positions every 10-15 minutes to avoid strains etc.. Once you do 5-10 you get a rhythm going and when you get 4-5 crews at once, it goes fast. My guess is we'll get em' all done in 4-5 days if past experience repeats, weather permitting. 2 guys work well too but it's a bit more stressful if you're not in shape..

TOS? Nope don't have a clue..

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