Monday, January 25, 2010

JOHNNY CASH POST updated

This guy is worth the read.....from the skf board on a question regarding the "power" and changing ourselves individually or the power will continue unabated...

My point and then this guy's view:

Ponzi will not resolve until we stop blaming the "Power Structure" (which I luv to hit) alone as the culprit and try to FIX ourselves FIRST. We as INDIVIDUALS have to recognize that each of us have to make sacrifices as individuals....our individual and therefore collective greed allows the "Powere" to remain. Until we as indivduals change and you know how, then the power will not adjust.That is the purpose of the debate. Participating in the market is going along with ponzi which I am not strong enough to avoid, damn truth hurts, especially when it comes to trying to be HONEST with ourselves. We all complain on the board about the "Real Power" What percentage of us if given the power and money would do the right thing and give up the power and the money. Hint the answer breaks 99 to 1. Its human nature and thats why the country is kaput....can't change the greed factor. We are so good at lying to ourselves and blaming the real issues on power structure without an attempt to see how our own greed and selfishness contributes to the entire problem. We continue supporting those whom in reality we think are going to provide for our greed. A wise man once said, " You are either part of the problem, or part of the solution". We have convinced ourselves we deserve great life and have forgot the difference between real NEED and WANT.

That's a very interesting question that cuts through all the clutter and captures the very essence of what it is to be human. I'm going to be brutally honest and tell you precisely how I feel about such complex matters, and I can assure you, my feelings are echoed throughout the hallowed halls of power centers throughout this land.

Everyone knows that absolute power corrupts absolutely. What's missing from that hackneyed phrase is the reason that people are so easily persuaded to cross over to the "dark side": They hold the vast majority of the people around them in utter contempt.

They look around them and see a nearly degenerate collection of toothless idiots and slackjawed yokels who are begging to be manipulated and used, mostly because they themselves believe they are inferior. They see inner city kids who would rather wear their jeans around their knees and waddle aimlessly around town than better themselves and change their circumstances. They see college kids who rack up $100K+ of debt for educations that are still woefully lacking and yet they're willing to toil under the yolk 60 hrs a week for $40K/year, and ask to lap up more because their superior tells them what they're doing is "important" (forget that it's only essential to enriching the man). They see punk ass metrosexuals who think they're above getting their hands dirty and prissy little snot nose princesses who cannot complete a sentence without, like, you know, saying, like, you know at least three times. They see a country full of people who think they're entitled to everything but strive for nothing.

It's easy to hold these people in contempt. Have you ever seen an Alaska musher beat a dog mercilessly? I have, and it would appear that the more the dog cowers under the whip, the harder the musher beats the dog for the contempt he feels for the defenseless animal. So it would seem that the upper crust deems the American people unworthy of better treatment because the more injustice they dish out, the more the American people cower and hide.

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_U/threadview?m=tm&bn=58157&tid=579839&mid=579839&tof=10&frt=1

Most people need to justify their inhuman behavior somehow - any way possible in fact. True sociopaths may not need to couch their self-serving behavior in a higher rational, but by in large, most people are naked without the cover of SOME justification for true self-indulgence.

Market stalling for the next move....GS snipers awaiting a hard target so I established my positions for tomorrow with tiny DTO position. Let'm rip. My hope is the dollar strengthening move gets a reprieve for some miner scalps.....but I can assume a resumption of the market takedown remains in order. Doesn't matter. Its a game and out guessing GS is a roll of the dice here. My guess is we see 1120s this week thats about it......gl

33 comments:

  1. It's always a nice thought to think about changing things, or one's own self. The actual methodology for doing so is rarely discussed intelligently, however, which leaves 99.99% of the population in the dark. Self-change requires a close examination of the meaning of one's life, an examination of one's own mortality, and the conscious choice to create one's world according to a (by default, spiritual) belief system.

    Given that people have been specifically bred to not act this way, in order to let corporations more easily meet their needs, we have on our hands multiple generations of people who are clueless about who they are, or what power they inherently possess.

    If you are conscious, self-aware, and possess power over your destiny, then realize the moment for making the changes in your life starts right now. Otherwise, you have power over nothing and your power is only an illusion.

    Seek out a spiritual guru. Understand what it means to develop the third eye. Choose a spiritual path and stick to it -- the path of pure faith (Christianity, Hare Krishna), the path of yoga, the path of knowledge (Zen), or the path of duty to others (in order to recognize the self in others).

    Consider going through a puberty ritual, which you likely have not gone through. Force yourself to do a walkabout. Force yourself to live without help from anyone but yourself, in the wilds, for a period of a few weeks. Connect with the source of your existence, the Kundalina energy at the base of your spine.

    It's all well documented. But do you have the self discipline to break away from the TV, the Xbox, the Internet, the beer bottle, etc? That is the question -- self discipline is the indicator of awareness. Otherwise, you are the walking dead. An aimless, hungry white ghost...

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  2. One must pursue the third eye with extreme caution. I know of someone who was pursuing the third eye, but intense introspection led to them being cross-eyed, muttering feverishly in a fetal position. This progressed to a complete state of suspended animation. We got tired of the space being taken up and resorted to a taxidermist to turn them into a footstool, which seemed like a more productive thing at the time. Note: Individual results may vary.
    On a more serious note, the link I left over the weekend about real power is reality, and it will transpire. This cult idea of finding the god within...well, good luck with it, everyone can believe what they want. Reality is here on the ground, and things happen whether you like it or not. I would rather take a machine gun to war than try to convince myself I can stop the bullets through thought like in the Matrix. What counts is what brings results. The main group in power believes they have the light of lucifer, is that not just the same thing you are talking about anyway?

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  3. Like your post but sometimes you go off the deep end like today. Stick to the basics and avoid all of the "deep" meaning stuff and you will thrive. Really.

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  4. I liked your description of the darkness within heart of man and then you finished by giving in to it by describing how you are ready to trade DTO, you are not a good example of what others should or should not be doing unless you practice what you preach. Knowing your own darkness and still giving in to it makes you more guilty than others.

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  5. All,

    kline likes the concept of good and evil but what's wrong with making lots of $$$$$$$ along the way. He can do BOTH, heheeee!

    palmer

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  6. I will also add....what is coming....will require an inner strength. Some of your will need to draw on an awareness that you may not possess. Perhaps some of us can survive with what ever spiritual base we can find.

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  7. Any idea on why the miners were brutalized today? I've been trained to see moves like this as shakeouts and a good sign, so hopefully my training pays off cause that's a lot of red ink.

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  8. Your training is futile without a third eye view Morla.

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  9. Morla,

    My British friend, big boys have been selling and taking profit in regard to their winners from last yr and miners surely have been one of those sectors.

    palmer

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  10. I tend to simply hold or average down stocks that make me angry.. Because in theory I choose companies with inherent value. Miners may go up or down right now but their business doesn't hinge on the ponzi so with a little patience.. That's the idea at least.

    Also short equities so while today doesn't exactly please me it will take a strange market indeed to keep me angry.

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  11. Morla shake outs can be brief or prolonged.....so take your medicine and smile

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  12. I think GLD and XRA both gave good entries today, which I bought. GLD could drop 3$ more but that is not guaranteed. If it does I will add more.

    If you ask my wife, some days I am good and others I am evil. If you ask my employees they will say I am always good.

    My take its 80/20 at worst.

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  13. Morla: If you can't find the inner discipline to stay and find your inner Alpo, then you have to ask the questions: Can I trade and win like Joe? or Do I have insider information like GS to trade on? If you answer no or your portfolio answers with $3k a year write-offs until your grand kids hit social security, you are not properly preparing for what is to come in around late 2011.

    As for the Existentialism Talk, if you are concerned about the nature of existence, you probably ought to get back to trying to make or save money because you definitely have not even come close to the zen path of "I don't care because I am already one with my can of Alpo!"

    As for the markets, Monday bounce was pretty pathetic, if they can't get it up to the 1120 level I don't think 1075 will hold.

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  14. I am drawing on inner awareness, third and fourth eye (yes my children, there is a fourth eye, few have found this state), and using the power of alpo tonight. My conclusion, most of these charts look like crap. There are plenty of short candidates if the entry is chosen right (FLS, NFLX, NTRI) as long as the SPX path up is lackadaisical, these entries will work. I will watch the behavior of AAPL tomorrow. I do believe we follow a staggering whipsaw path of enlightenment higher on SPX over the next day or two, but as we posted over the weekend, the trend down will re-assert itself. Our destination will probably take us to 1075 as Immred mentioned. My mention of JAG went nowhere. It is all good though, I am at zen zero peace with a crappy stock pick, I didn't play it anyway since it was lacking any mustard today. - Analyze.

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  15. One must pursue the third input with extreme caution.

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  16. Analyze,

    SWC was the play again today.

    palmer

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  17. Palmer, I need to watch SWC more closely, I have a hit list I watch and need to add that one to it. I was just not getting the entries today, at least not high probability ones. - Analyze.

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  18. Analyze,

    SWC is the play for the entire yr, long and short, especially the gaps. Pay special attention to it. It has alreay made me half of my target for this yr.

    palmer

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  19. I will watch that one. I think my search for the el-primo entry for homeruns is preventing me from some of the easier slam-dunks. Need to adjust the strategy here. - Analyze.

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  20. Analyze,

    Most of the home runs were last yr which was buy and hold for most of the yr which included SGY, CENX, SLW, GORO,ANV,JAG, and EGO. This yr you need to adjust to swing trading and gap trading.

    palmer

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  21. You're right, that is the hand we are dealt here, I missed an obvious entry 2 weeks ago that I have still been trying to make up for subconciously, got to let it go and play the right strategy. - Analyze.

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  22. Analyze,

    That's how you need to think if you want to stay in the game.

    palmer

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  23. Also, do not forget the important rule, MARKET is ALWAYS RIGHT, do not trade based on what you think market should do BUT based on what market is giving you.

    palmer

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  24. Good point, hesitation on pulling the trigger is often that "deer in the headlights" thing of it not working out as projected, sometimes better to not even predict direction and just react to the flow. - Analyze.

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  25. you got it, you need to master it especially if you are playing heavy like I do.

    palmer

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  26. I think like many others I have at times been hung up on being the one with the crystal ball, needing to project targets, direction etc, that can be a really limiting thing, some of the hugely successful people do not immerse themselves to the eyeballs in TA, it really should not be necessary, at least to the level some of us get caught up in. Paralysis through analysis. - Analyze.

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  27. What has helped me a lot is the capability to speak and think 7 different languages, after a while you think like them and master it. Playing the market is not any different.

    palmer

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  28. Kind of like Elders "Come into my trading room", it's like picturing the best way to screw over retail and play opposite. I liked that post on zero hedge a week or two ago, where they gave a list of trading rules, one was we will never buy a breakout trade in over-extended markets - classic intraday MM move to get retail as bagholders with that false breakout spike over daily resistance just to let it die back under on the lower timeframes. 7 languages, that's pretty amazing. - Analyze.

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  29. You mentioned:

    "one was we will never buy a breakout trade in over-extended markets - classic intraday MM move to get retail as bagholders"

    Correct, CVM is a good example, last yr in extended hr MMs brought it up to $2, next day it opened up at 1.50.

    palmer

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  30. Based on the futures it looks like we will have no shortage of gap plays tomorrow if the downside holds until opening. I'll watch SWC. Also should be interesting to see AAPL behavior under that scenario as well. Great to talk to you tonight as well. - Analyze.

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  31. Analyze,

    Take care and happy trading!

    palmer

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  32. Hey, if I share truth here, and you act like pigs chewing on pearls, you can please go fuck yourselves. Rot in hell for eternity, please. Take your meaningless, bullshit lives and pretend you know who the fuck you are, and what you are doing. I'll know the difference, and your guts will, too. Little sissy fuckers can't look the real shit in the eye.

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