October 11th

After dumping my CRM from last week, I did two winning paper-trades in MON before having to attend to a family emergency. The orange line at 1:15pm is where I felt the big drop in MON was going to happen, just as I was signing off to go to the hospital. As it turns out, my timing was early (wrong) but my strong feeling that a drop was going to take place did come to pass less than an hour later. I was pegging the drop to reach the Magenta line which would have been a full closing of the morning gap up. It stopped its plunge about 23 cents short of that point.

Maybe tomorrow?

Sitting on a bad trade...

I had this practice-trade work against me at the end of last week and sat on it, waiting for it to break in my favor. Today was the day, and I closed it out. I had a number of chances to add more to it to average a better price and doing so would have given me many opportunities to get out sooner with a gain. But, I didn't add... and so I waited. this was a lousy entry, and lousy execution. No stop on a fast mover that I shouldn't have been involved in to begin with.

Anyway, live and hopefully learn.

Weekend Thought.

HEAVEN AND HELL

While walking down the street one day a Corrupt Senator was tragically
hit by a car and died.

His soul arrives in heaven and is met by St. Peter at the entrance.

"Welcome to heaven," says St. Peter. "Before you settle in, it seems there
is a problem. We seldom see a high official around these parts, you see,
so we're not sure what to do with you."

"No problem, just let me in," says the Senator..

"Well, I'd like to, but I have orders from the higher ups. What we'll do
is have you spend one day in hell and one in heaven. Then you can choose
where to spend eternity."

"Really?, I've made up my mind. I want to be in heaven," says the Senator.

"I'm sorry, but we have our rules."

And with that, St. Peter escorts him to the elevator and he goes down,
down, down to hell.

The doors open and he finds himself in the middle of a green golf course.
In the distance is a clubhouse and standing in front of it are all his
friends and other politicians who had worked with him.

Everyone is very happy and in evening dress. They run to greet him, shake
his hand, and reminisce about the good times they had while getting rich
at the expense of the people.
They play a friendly game of golf and then dine on lobster, caviar and
the finest champagne.

Also present is the devil, who really is a very friendly guy who is
having a good time dancing and telling jokes.

They are all having such a good time that before the Senator realizes it,
it is time to go.

Everyone gives him a hearty farewell and waves while the elevator
rises...

The elevator goes up, up, up and the door reopens in heaven where St.
Peter is waiting for him, "Now it's time to visit heaven.."

So, 24 hours passed with the Senator joining a group of contented souls
moving from cloud to cloud, playing the harp and singing. They have a good
time and, before he realizes it, the 24 hours have gone by and St. Peter
returns.

"Well, then, you've spent a day in hell and another in heaven. Now choose
your eternity."

The Senator reflects for a minute, then he answers: "Well, I would never
have said it before, I mean heaven has been delightful, but I think I
would be better off in hell."

So St. Peter escorts him to the elevator and he goes down, down, down to
hell..

Now the doors of the elevator open and he's in the middle of a barren land
covered with waste and garbage. He sees all his friends, dressed in rags,
picking up the trash and putting it in black bags as more trash falls
from above.

The devil comes over to him and puts his arm around his shoulders.

"I don't understand," stammers the Senator. "Yesterday I was here and
there was a golf course and clubhouse, and we ate lobster and caviar,
drank champagne, and danced and had a great time. Now there's just a
wasteland full of garbage and my friends look miserable. What happened?"

The devil smiles at him and says,
"Yesterday we were campaigning, Today, you voted.."