You have to survive

You have to survive
Every day is a battle, survival is rule #1

Sunday, January 18, 2015

Im Waiting for a crash

Im hearing things that only happen when the economy has topped off and is ready to crash.  The ceo of Disney made almost $47 mil last year which was 35% higher than the year before.  Im pretty sure the crash in oil prices officially put us in a recesion, at a time when the rest of the world has been slowing down a lot.  Europe's eurozone is in trouble as usual.  They might lose greece but gain ukraine, which putin and the russian/ukrainian mobs are busy making plans for.  India and china have slowed down.  Japan is in a good position since oil is way down and when japan is doing good, you know something is wrong.  All that plus it is Obama's last year, so it would make sense to me if the stock market crashed (while a lame duck democrat prez is in office) just in time for a heroic  republican to get elected and save us from the recession purely caused by the evil democrats.  Im thinking a stock sell off starting in 2015.  2015 is a year to plan purchases.  My company, wealthy businessmen, everybody, including myself should buy things we need this year.  I want to save up money for trading but at the moment I am thinking about getting into a house and a newer car.  Mortgage rates will stay low from the low oil price/recession going on and maybe I can get a good deal on the cadillac I want when people stop buying cars.

Friday, January 9, 2015

What should I call this recession?

Lately I have seen articles refer to 'bad numbers' being reached for the first time since 2008 or 2009, the financial crisis.  I feel like we are about halfway through a recession right now even though noone is talking about it. Maybe the stock market will drop more this summer and then people will call it a crash of 2015, oil supply crisis or something.  I would call it On Sale.  Im putting 6% of my income to my 401k and cameron is matching another 9%, all going into cameron stock currently 40% off its high,and that will be the extent of my trading for a while until I can save up money again.

Friday, August 29, 2014

/ES 1.5 point gain

Nice pullback to my falling resistance line.  I was correct on direction and getting a good price but it just did not have a strong push down but I will take a small gain any day. 

Wednesday, August 27, 2014

/ES 1.25 point gain

With the rules I am following now, I can see how there was a breakdown from a rising triangle, then a change of polarity for the bottom S/R line of that triangle.  

Tuesday, August 26, 2014

/ES .75 point gain

Everything looked good but there was not that much volatility and I was pushed out a little early.

Monday, August 25, 2014

No trade

No hourly S/R line was hit.