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Created on: 6/7/2014 7:02:02 PM   Last Update: Comment has not been edited. Posted by: RTT
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1 POST Time for some funnies
time-for-some-funniesEven a stock market blog can have a personality!


JOKE 1

A man is flying in a hot air balloon and realizes he is lost. He reduces height and spots a man down below. He lowers the balloon further and shouts: “Excuse me, can you tell me where I am?”

The man below says: “Yes, you’re in a hot air balloon, hovering 30 feet above this field.”

“You must be an accountant” says the balloonist.

“I am” replies the man. “How did you know.”

“Well,” says the balloonist, “everything you have told me is technically correct, but it’s no use to anyone.”

The man below says “you must be in management.”

“I am” replies the balloonist, “but how did you know?”

“Well,” says the man, “you don’t know where you are, or where you’re going, but you expect me to be able to help. You’re in the same position you were before we met, but now it’s my fault.”

RTT Comments: Is this not so very true, the point is Management and Accountants have no idea how to run a business, you need a street smart mind to run a business.



JOKE 2

A young boy enters a barber shop and the barber whispers to his customer, “This is the dumbest kid in the world. Watch while I prove it to you.”

The barber puts a dollar bill in one hand and two quarters in the other, then calls the boy over and asks, “Which do you want, son?” The boy takes the quarters and leaves.

“What did I tell you?” said the barber. “That kid never learns!”

Later, when the customer leaves, he sees the same young boy coming out of the ice cream store.

“Hey, son! May I ask you a question? Why did you take the quarters instead of the dollar bill?”

The boy licked his cone and replied:

“Because the day I take the dollar the game is over!”


RTT Comments: HFT traders know this game all to well, skim the cents and maybe no one will notice, over and over again.


Divider




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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.


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Investing Quote...

...“After spending many years in Wall Street and after making and losing millions of dollars, I want to tell you this:  It never was my thinking that made the big money for me.  It was always my sitting.  Got that?  My sitting tight!”...

Jesse Livermore


.."Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected"..

George Soros


..“Because of the extreme challenge, one must commit full attention to it.” Market speculation is “no different than trying to be a successful doctor or lawyer … you simply must devote yourself full-time to the study of your craft”...

Bernard Baruch


..“Investing should be like watching paint dry or watching grass grow. If you want excitement…go to Las Vegas.”...

Paul Samuelson


After a question on how to become a better investor professional Mr Munger responded, ..“Read history, read history, read history."..

Charlie Munger




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