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Friday, February 04, 2005




Another week has come and gone, and again, I've barely anything to show for it. Second "scratch" week in a row. The year started out so promising, too. I even changed my background color again to match Barbara's underwater aquamarine look. Underwater isn't a good connotation in trading, is it? Well, I'll get a chart up over the weekend.

And now onto the good stuff...

Woodie announced yet more mysterious chatroom mitosis. A new "anything goes - no holds barred" room has been spun off. Perhaps it's Dax's old commodities room with a fresh coat of paint and the furniture moved around. I forget the name of it, but I'll be sure to check it out, I guess. I'm wondering... is this new room in response to the growing popularity of the Cheese blog (hey, thanks for visiting the other day, Cheesy) and the splinter TeddysCCIRoom website? There is a Teddy chat on PalTalk. You can find it in the miscellaneous section, I believe. Not the financial area. I sat in the corner two times this week, half paying attention in the half-ass way I do everything. The room seems to have a good number of folks there, and more than a few of the old crew from Woodie's room have either dropped in for a visit or they've established residence there.

I'm also wondering... is this new Woodie room a trap to identify and brand all the disgruntled folks? Is this a cheese trap to snap some tails off? Maybe that other blog is rubbing off on me too much.

I still visit HC daily, too. Shit, I've got 200 days left on my subscription, and I'm sure I can squeeze out some good learning from it. The Teddy room was very good though. No voice mods, but traders take the mic from time to time, especially the oldies afterhours to reminisce, shoot the shit, and share stuff. Of course, it's PalTalk, which seems to be the most popular internet tool for al qaeda and the middle eastern world, so a dozen or so of these folks will also pop in during the day. That always seemed to invoke comments about "camels" and "rugs" from the Teddy peeps. Okay, so it's not the most enlightened PC crowd around.

Woodie again mentioned his 28 min chart today, and how he's always looking for ways to stay ahead of the crowd. This brings up the issue of his possibly "frontrunning" the rest of the room. Something again in my head from some Cheese comments yesterday or the day before. Somebody there said something nearly identical to something I wrote here on October 13, 2004. Coincidentally, that was the first appearance of Woodie's Fib-CCI and I put up his chart of it. The frontrunning idea comes from Woodie saying that he had developed a "better CCI" giving him faster signals. It was an interesting thing to admit, and something I definitely wanted to make note of that day. I haven't thought of it since, until this notion cropped up again, so there you have it. My thoughts remain the same. I wouldn't blame Woodie for using a better CCI. I don't know the legality of it, but he's got disclaimers up the ying-yang to shield him from stuff, I guess. No real speculation or accusations here. Actually I don't care much. Just sharing what I wrote and thought about it then and now.

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