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Monday, February 21, 2005

WEEKEND UPDATE, pt 5

I know what you're thinking. Why the sudden colon blow of blog entries here on a dead President's Weekend? Well: 1) I was off for a week or so, so I've been blocked up, 2) we've got friggin' storms endlessly dumping Niagara Falls-like rain on us here, so we're stuck at home (I actually just came back from Ralph's to get a couple gallons of milk for the baby, and I got hit by a blinding sheet of hail), and 3) I've been putting in "screen-time."

I'm at another fork in the road of trading. Out of the blue, I got an email early last week from an old mirc trading buddy. He has always shared a passion with me of trying out new gurus and new systems. Between us, we've been through a slew, and spent a lot of money on them. Post-bubble, he's gone the Forex route while I've gone e-mini, but we stayed in touch and always shared whatever new piece of the grail we supposedly acquired. Last we spoke was in June or July, so it was quite a nice surprise to hear from him.

My buddy wrote me that he has now acquired a new system. One selling for $4995(!!!) for the eminis. Now, I'm an intelligent man. I KNOW a $4995 system isn't any better than a $49.95 system or even a free one. I know that. But hey, a $4995 system. That would get you twitching too, wouldn't it? Especially, if you're on the small bus on the CCI road and lucky to squeeze out some YM ticks every week.

So my friend says he's gotten this system from a different friend, and he'll share it with me on two conditions: (1) I don't disclose this system to anybody (that includes YOU), and (2) after I make my "gazillions" from this, I invite him over. He's been dreaming a long time of moving his family out of his native Western European nation. Cool, I'm game.

Thus far, I've only gotten a quickie .pdf document that seems to pretty much cover everything. It doesn't seem that complicated. No super duper obtuse indicators. Not too many "rules" to memorize. There's a more detailed paper manual that I'll be getting from him too one day. Maybe that'll complicate things rightly. Until then I'll be monitoring it and not trading it for real (unless I zing off some incredibly profitable paper days from it right off the bat). I'll keep the realtime ensconced in my unexciting CCI world.

Holy shit, after a 30 minute respite, it's suddenly turned dark yellow out there and the clouds have opened up again. This is ridiculous. The weatherman says we're up to 32 inches of rain this year (10 inches more than Seattle has had). The 120 year record is 38 inches and he's confident we'll break that before the rain season ends.

OK, that should wrap up the weekend blogging. Oh yeah, a couple more things. I've read JoAnne's PT document, and I have to give her a lot of credit for a very lucid and concise little primer. "Her" PT certainly makes more sense than the previously taught one. Maybe I can actually spot a few tomorrow.

And finally, Big Cheese, you can continue to pinch some stuff from me whenever you wish. It's no big deal. If you can take a thought from here and expose it to a bigger audience, that's cool. You get more hits everyday than I've gotten since starting this thing. I just hope you see fit to give me some props once in awhile. I've got a small ego, but it's an ego nonetheless. It stings a little to be ranked behind "Obie the Farmer" in your personal daily must-read blogs. :/

Night all.

2 Comments:

At 12:40 PM, Anonymous Anonymous said...

Love your blog, keep em coming, hope your trading is a great success. Am working out the same problems as you.

 
At 3:29 PM, Blogger Fearless said...

Hi angela the cornhusker!

I don't really have anything against farmer blogs. Heck, if things turned out just a bit different, THIS might've been a farmer's blog! My dad got his PhD in horticulture with ambitions of being a farmer. He's never owned more land than a quarter acre with a house in the middle of it, but I do remember clearly as a child, he was very near to closing the deal on an apple orchard in update NY. Another time it was land in Santa Barbara.

He never was able to give up the security of a stable paycheck for his dream of farming, though he sure has done as much as he's been able to with his small plot. I have the free child labor scars of endless hours helping him chop down trees (for more sunlight) and planting dwarf fruit trees everywhere. He even grew shiitake mushrooms in the logs we cut.

Now, as he and my mom are moving back to their original house, he's not only moving the hundreds and hundreds of potted plants he has, but he's also digging up all the things he's put into the ground (many of which he dug up to take from the original house 20 years ago).

Continued good trading to you, and to you, too, anonymous.

 

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