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.
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.
Global Market Comments
August 7, 2013
Fiat Lux
Featured Trade:
(MUSINGS OF A DINOSAUR),
(THE INSIDE STORY ON APPLE?S STEVE WOZNIAK), (AAPL)
Apple Inc. (AAPL)
I often get accused by readers of being a dinosaur, of being insensitive to the feelings of others, and of living as a relic from a previous age. Well, you all may be right. So it is with some amusement I run a piece that I have lifted from my friend, Dennis Gartman?s The Gartman Letter, on the difference between going to school in 1957 and 2010:
Scenario 1: Jack goes quail hunting before school and then pulls into the school parking lot with his shotgun in his truck?s gun rack.
1957 ? Vice Principal comes over, looks at Jack?s shotgun, compliments him on the model, goes to his car and gets his shotgun to show Jack.
2010 ? School goes into lock down, FBI called, Jack hauled off to jail and never sees his truck or gun again. Counselors called in for traumatized students and teachers.
Scenario 2: Johnny and Mark get into a fist fight after school.
1957 ? Crowd gathers. Mark wins. Johnny and Mark shake hands and end up buddies.
2010 ? Police called and SWAT team arrives ? they arrest both Johnny and Mark. They are both charged with assault and both expelled even though Johnny started it.
Scenario 3: Jeffrey will not be still in class, he disrupts other students.
1957 ? Jeffrey sent to the Principal?s office and given a good paddling by the Principal. He then returns to class, sits still and does not disrupt class again.
2010 ? Jeffrey is given huge doses of Ritalin. He becomes a zombie. He is then tested for ADD. The family gets extra money (SSI) from the government because Jeffrey has a disability.
Scenario 4: Billy breaks a window in his neighbor?s car and his dad gives him a whipping with his belt.
1957 ? Billy is more careful next time, grows up normal, goes to college and becomes a successful businessman.
2010 ? Billy?s dad is arrested for child abuse, Billy is removed to foster care and joins a gang. The state psychologist is told by Billy?s sister that she remembers being abused herself and their dad goes to prison. Billy?s mom has an affair with the psychologist. It then all becomes a reality TV show.
Scenario 5: Mark gets a headache and takes some aspirin to school.
1957 ? Mark shares his aspirin with the Principal out on the smoking dock.
2010 ? The police are called and Mark is expelled from school for drug violations. His car is then searched for drugs and weapons. The DEA then auctions off the car and keeps the money as criminal proceeds.
Scenario 6: Johnny takes apart leftover firecrackers from the Fourth of July, puts them in a model airplane paint bottle and blows up a red ant bed.
1957 ? Ants die.
2010 ? ATF, Homeland Security and the FBI are all called. Johnny is charged with domestic terrorism. The FBI investigates his parents ? and all siblings are removed from their home and all computers are confiscated. Johnny?s dad is placed on a terror watch list and is never allowed to fly again. Johnny?s name is placed in an NSA data base for life.
Scenario 7: Johnny falls while running during recess and scrapes his knee. He is found crying by his teacher, Mary. Mary hugs him to comfort him.
1957 ? In a short time, Johnny feels better and goes on playing.
2010 ? Mary is accused of being a sexual predator and loses her job. She faces 3 years in State Prison. Johnny undergoes 5 years of therapy. It all becomes another reality TV show.
So True!
Our Leaders Hard at Work Solving Nation?s Problems
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.
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.
Global Market Comments
August 6, 2013
Fiat Lux
Featured Trade:
(AUGUST 9 ZERMATT, SWITZERLAND STRATEGY SEMINAR),
(WHY US STOCKS ARE DIRT CHEAP),
(SPX), (IWM), (AAPL), (MS), (GS), (TSLA), (USO)
S&P 500 Large Cap Index (SPX)
iShares Russell 2000 Index (IWM)
Apple Inc. (AAPL)
Morgan Stanley (MS)
The Goldman Sachs Group, Inc. (GS)
Tesla Motors, Inc. (TSLA)
United States Oil (USO)
Come join me for the Mad Hedge Fund Trader?s Global Strategy Seminar, which I will be conducting high in the Alps in Zermatt, Switzerland at 2:00 PM on Friday, August 9, 2013. A PowerPoint presentation will be followed by an open discussion on the crucial issues facing investors today. Coffee, tea, and schnapps will be made available, along with light snacks.
You are welcome to attend in your mountain climbing gear, but you will have to leave your boots at the door. Last year, someone came down from the Matterhorn summit straight to the seminar, sunburned and tired, but happy.
I?ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, precious metals, and real estate. And to keep you in suspense, I?ll be throwing a few surprises out there too. Enough charts, tables, graphs, and statistics will be thrown at you to keep your ears ringing for a week. Tickets are available for $189, down from last year, thanks to the dramatic and welcome, as well as predicted depreciation of the Swiss franc against the US dollar.
I?ll be arriving early and leaving late in case anyone wants to have a one on one discussion, or just sit around and chew the fat about the financial markets.
The event will be held at a central Zermatt hotel with a great Matterhorn view, operated by one of the village?s oldest families and long time friends of mine. The details will be emailed directly to you with your confirmation.
I look forward to meeting you, and thank you for supporting my research. To purchase tickets for the luncheons, please go to my online store.
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.
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