Humorous Monologue
Not Necessarily the News
The following comments are made because of the way the talking heads of the financial media make excuses for why the markets went up or down. Their comments are not for information purposes, they are for filling up the news hour and selling to the ignorant. Having over 15,000 hours of screen time, I can tell you the markets move in wave formations and nothing is going to change the direction of the markets. Notwithstanding some sort of major catastrophe. Sure, you may see the markets move when an announcement is released on a small time frame. You will then notice the market will go right back into the rhythm or trend that it was initially in. I sit here in my office smiling when I hear these guys and their excuses. I can prove it with the way the Trifecta method identifies any wave formation. It's all smoke and mirrors and excuses. Don't believe what they say. It's a trap that they want to put you in. It's all about taking your money. It's amazing.
Example: Before I turn in for the night I will do a brief study of the major indexes and KNOW what is going to happen for the next day and wake to hear their excuses why the markets are in the positions that they are in. It was going to happen anyway. Not because IBM laid off 3,000 workers or whatever reason they need to explain away their ignorance.
I would also like to comment on what most mainstream trading talking heads seem to parrot to keep the traders from succeeding. I have seen these type of comments from most authors and people in high position of authority in the trading community. The following comment is typical:
"Unfortunately, we may think we know which trade is going to be the blockbuster, but the fact is, no matter what we may think, we never can know which trade is going to be the good one and which trade is going to go south until the trade is over. We can help deal with that issue by using a money management plan."
If this were actually true, why are we here trading the markets? These comments remind me of someone who is gambling. That comment couldn't be further from the truth. I prefer to feel like I am in control of the markets, not the other way around. I believe these types of comments are repeated either because the writers don't actually know for themselves how the markets work or they are deceiving the reader. Either/Or they are deceiving the readers and causing harm to the trader from pursuing the perfect understanding of the markets.
Cattle futures have been down for the last four months on FEARS that COW tipping has been reinstated causing ranchers to work extra hours standing the COWS back up. Milk prices have also increased with concerns that while the COWS are lying down the gravity needed for milk production has decreased the supply of milk. On a lighter note, cattle mutilation is down signaling an increase in supply of beef for this summers BBQ's.
In other NEWS, the housing slump is exactly where the bankers want it to be amid rumors that the bankers are fraudulently creating Dollar's and using the home buyers signatures to fund the notes. With that mind the bankers are allowed to foreclose on the notes that they never funded. Virtually stealing the homes right out from under the noses of the public and creating massive wealth for the bankers. It's the PERFECT SCAM. TIT NEWS will keep the reader updated on their progress.
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