Friday, October 31, 2008

Spooky friday ????

Hallowen , mth end, friday... all the ingredients for a spooky day. But not so spooky in the FX markets during Londontime. -)) It was a 4 day trading week for me, as monday was tech issues, so only did 220 + pips for the week as of this writing. A generally good mth with only one losing day. It was human error ie: stubborness. Should be winding downn the book soon. Scaling back into say mid November and take a break. Do some testing on demo and write the manual for trading this method. One more for the library.

Wow ! .... its the end of the year...

As we go into another mth end , this time would be extra interesting, as volatility has probably crippled some of the not so nimble. All seems stabilised and calm with regard to the bite of the measures taken by Guvs. The market has flip flop from economic issues to rates issues to liquidity issues. Seems like this fashion would continue. Anyway its good for markets to thaw out and have some semblance of calm going into Novenber. However, after the storm is seeming calmness and the cycle goes on. At these junctions , bottom pickers or more polite, bottom fishers/bargain hunters, come and pick cheap stuff in the stock market. But as opposed to the past, its a global affair. This is the bloodest falling knife that one can catch. Earthquakes, typhoons etc are usually preceded by serenely calm weather -))) Own stocks in a reccessionary , low growth, slowing consumer spending, asset deflation world? Cash is king to weather this for the next 2 years at least.

Tuesday, October 28, 2008

Thoughts....

The most useless thing to do ... ........Worry The greatest Joy...............................Giving The greatest loss.................Loss of self-respect The most satisfying work................Helping others The ugliest personality trait......................Selfishness The most endangered species...................Dedicated leaders The greatest 'shot in the arm'..................Encouragement The greatest problem to overcome......... ....Fear Most effective sleeping pill..............Peace of mind The most crippling failure disease.........Excuses The most powerful force in life......................Love The most dangerous pariah.................................A gossiper The world's most incredible computer.....The brain ! The worst thing to be without...................Hope The deadliest weapon.... The tongue....... The two most power-filled words...............'I Can' The greatest asset.............. ...Faith The most worthless emotion................Self-pity The most prized possession................Integrity The most beautiful attire................ ...A SMILE! The most powerful channel of communication........Prayer The most contagious spirit............ .....Enthusiasm The most important thing in life...............GOD