While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more
Global Market Comments
January 7, 2015
Fiat Lux
Featured Trade:
(A VERY WESTERN CHRISTMAS),
(THE BLACK SWAN SOLUTION TO OUR ENERGY PROBLEMS),
(USO), (TSLA), (GE),
(TESTIMONIAL)
United States Oil ETF (USO)
Tesla Motors, Inc. (TSLA)
General Electric Company (GE)
?
This year I had the pleasure of spending a nostalgic Christmas day in Virginia City, Nevada, now a national historic monument.
The old western town is the home of the famed Comstock load, once the world?s largest silver deposit, discovered in 1859. The ore mined here played a major role in building San Francisco into an important city, and financed the Union?s victory in the Civil War.
It was here that Mark Twain landed his first job as a writer for the town?s first newspaper, the Territorial Enterprise, after failing to find any silver of his own. I have read his complete works (Adventures of Tom Sawyer, The Adventures of Huckleberry Finn, Innocents Abroad, etc.), and owe much to the legendary humorist for my own oddball, ironic sense of humor.
Walking the creaky boardwalk, one admires the many sagging brick, false front buildings, their rusted cast iron shutters nearly falling off their hinges. You almost expect to run into the former riverboat captain around the next corner. Where bordellos, saloons, and gambling dens once flourished, one now finds T-shirt purveyors, gem merchants, candy shops, and period antique stores.
You older folks will remember Virginia City as a central location in Bonanza, the most popular American TV series of the 1960?s. Every week, the determined, but moral, Cartwright family prevailed over a never ending assortment of villains and the formidable challenges of living in an untamed West. Visitors today still flock to the site of their imaginary ranch, the Ponderosa, named for a local pine tree.
The site is still littered with the detritus of the mid 19th century mining boom, preserved in an eternally arid desert. Wander aimlessly at your own peril. Abandoned mining shafts are everywhere, marked, or not.
I first came here as a kid during the early 1960?s, eagerly collecting old bottles turned blue by a scorching sun, as well as a shoebox full of Indian arrowheads.
I understand that this sort of thing is now illegal. This time, I satisfied myself with throwing a few 100 pound chunks of colorful basalt into the back of the truck to decorate my cactus garden at home.
The highlight of the day was a trip on the Candy Cane Express, operated by the old Virginia and Truckee Railroad. We chugged an hour out into the barren desert mountains, entertained by an assortment of cider bearing elves, singing Christmas carols, and blowing the steam whistle at every opportunity.
The weather was blustery, with intermittent snow flurries. A heard of mustangs, or wild horses, ran along side the tracks, thrilling the children more than Santa Claus, and enthralling the vacationing European photographers.
The federal Bureau of Land Management estimates there are 200,000 of these beasts still roaming free in the western wilderness (down from 2 million 100 years ago). You can adopt one with the payment of a $100 fee, if you promise not to eat it.
On our return, we repaired to the Bucket of Blood saloon for some complimentary sarsaparillas, an ancient predecessor of Coca Cola, and some rollicking country western music from the Comstock Cowboys.
There we toasted a Merry Christmas to all.
Mustangs Taking a Break
Dear Jim Parker,
I cannot thank you enough for the service that you are providing. ?In my case, I can honestly say that you are accomplishing your goals of enabling me to trade profitably. ?
I wish you a well-earned rest and the best of joy with your family and friends during this season. ??
Rene Y.
Retired Canadian Farmer
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more
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