Alrighty, it wasn't such a terrible fill in the end. Now to recap: today we have covered amusing vignettes from boom-time idiots, missing trades by yacking (SEPR also would have been kind of lame in the end), triangles, sadistic Japanese quasi-porn, bull flags, the FOMC statement, and the ancient art of leaving money on the table while still capturing a healthy chunk of change. See you tomorrow!

A more colorful view of CELL.

If you're wondering what the heck chart I'm posting, just roll your cursor over the image and it will give you the symbol and time frame.

Oh great, *now* it collapses, lol. Let go of the bone, bad dog!

OK, I got 17.08 ... probably ended up leaving some money on the table (every penny was worth $20) but that position wasn't the greatest and I just took the money and ran.

Gonna try to lowball out of this CELL, see if I get filled.

Hmmm, I see the Fed kept the old "considerable period" in the Statement.

Yesterday CMTL drew that pretty bear flag, and today EGHT drew a perfect bull flag. Recognizing bull and bear flags is one of the most fundamental things you can learn... executing off of them is the trick that every trader going back to Schabacker & Co. knew how to do.

I was filled on that 17.39 order in CELL and the stop is of course at 17.66.

First I have to clarify that 'Freezer' was made by Ishii Takashi, not his evil twin Takashi Ishii. Man, these Japanese movies are so twisted, just astoundingly sick... not for the squeamish or sensitive, and of course movies about sexual violence make me doubly queasy because I know a lot about 20th century Japanese history, particularly the Japanese army's exploits throughout Asia.

OK, I'm going to take off... I'm at 17.39 limit stop below CELL if it reverses. Now I'm going to watch a Takashi Ishii movie titled 'Freezer' or 'Freeze Me.' I'll report back about it late in the afternoon.

Old NGEN continues to coil towards the apex of that lovely triangle I wasted my time on yesterday.

Since I blew it with SEPR, I'm keeping an eye on CELL... as Dylan Thomas wrote in his famous poem, The Conversation with a Day Trader, there are 'the quick and the dead.'

Sometimes they don't wait for you to act off of the 30 min. chart.

Darn, it broke down before I could get on, scratch one more up in the rather-talk-than-trade column.

SEPR making me hot and bothered, could be a nice tight play.

Watching CELL (another great ticker symbol) drop... tone is kind of negative, bonds up after yesterday's relentless selling.

Eyes on these guys among others: CMTL, CORV, PROX, SEPR, VCLK.

Briefing.com has a kind of interesting section of their site where they share Trading and Investing Strategies from their readers. I found the "Experiences" and "Mishaps" sections the most useful. The boom-time stories are especially entertaining.

The story of "King Midas" gets its own page. Where's the King now? ;-)

Natural Gas futures have been moving up strongly. There have been lots of good opportunities to make money in the NG -- just apply what you've learned in the Dummies lessons. The Trading for Dummies series is the single best resource on the Internet for learning how to trade (he says humbly)... and it's free of course.

Natural Gas futures (NG), 30-minute Chart

A neat composite satellite image of the earth at night.

Chet Currier looks on the bright side:

Previous Entry >>> Random Thoughts -- December 8