ET is a half life, if you catch my drift. Cancer is follicular non-Hodgkins lymphoma, vey slow developing cancer but 100% fatal if something else doesn't take you away first. So, people with this cancer learn to live in smaller ideas of what time means. A couple of years is a long time. Planning beyond that is a pleasant fantasy. Either you will progress with your disease, which is bad; or, you will put in a lot of time maintaining your health which is vital. I'm just ramping up to get back into training mode at the gymnasium, I've lost forty pounds since Oct. last year from 230 to less than 190 so I have almost no bulk to work with and will have to create more lean muscle mass. That takes a lot of exercise and determination, but I've seen the example of one guy who has lived with this cancer over 15 years now, He works very hard to stay fit and healthy. That has to be my path. Thanks for asking the question, it isn't hard to die, it's living that is really tough, lol. In fact, here Is Robert Miller's website: http://www.lymphomasurvival.com/
That is probably the most inspiring thing I have ever read on ET. Imagine all the fat slugs who think they'll live forever but will croak tomorrow, but you KNOW you're going to die and will outlive them all because you WANT to! I never expected to live past 55, so I partied like there was no tomorrow. Now I'm 60 and saying "Oh, shit! What did I do? Am I living longer BECAUSE of the booze, or in spite of it?" But at least trading keeps the mind fresh. Look at Jack, by my calculation 73 this year, and he can watch 44 separate market factors simultaneously. But of course he also has a young wife. Stay healthy, friend.
Quick! Gotta post a chart to keep out of Chit-Chat jail! Is it time to go into furrin funds? Here's GTIIX. Let's see...dollar is up...rates are down...gold is up...oil is up...furrin funds must be up! Huh? Who cares? The wife will believe it!
I offer the attached chart to all those who think that the big greasy has no influence on stocks after hours.
Do we have a Hershean FTT in the daily oil slick? Or are channels totally meaningless? I myself have a tank car full sitting in the driveway. The neighbors predictably complain, and I just smile benignly (malign, malignant; benign, benignant?) and tell them I'll be selling it at $80 a barrel in three years. But not to worry, they'll be able to buy it with their $550 gold. I say, "You do own gold, don't you?" I just sent the wife out to buy another fake Prada bag full. Why does it now take fists full of (Latin?) American currency to buy it? But, hey! Stocks are rising, so what's to worry? Stocks are going up as fast as oil and gold, aren't they? Are they?
Pauvre ET! It is so desperate for free enlightenment that the chart in the initial post on this pathetic little thread has been downloaded 623 times! Of course readers quickly learn that I am full of shit, so the most recent chart has only been downloaded 20 times. I know many of you diehards by your REAL names, so don't think you are deceiving anyone. Anyway, my posts aren't any dumber than the common run on ET, so I'm not at all embarrassed. In fact, when I quit kvetching about jerks not posting charts to explain their brilliantly random analyses, posting here slides back into the typical untracked wastes of "Here Be Dragons" chartlessness. Say what you will, at least I post charts. Here is another completely irrelevant bit of analysis, if it can even be dignified as such. The wife can't understand why I have put such a seemingly disproportionate fraction of her 401K into GTIIX. See the attached chart. If you don't know what GTIIX is, pray read no further. She says "Aren't we likely to invade the countries whose stocks are in that fund's portfolio?" I soothe her with the historical perspective that wherever we invade, we never leave. There is a Pax (pox?) Americana loose in the world. That is the good news. The bad news is that we can't finance our deficits by invading someone like we used to, so, invaders or not, the dollar goes down and foreign stocks perforce go up. No one now living but me remembers Lyndon Johnson's "guns and butter" speech. The youth of America are so callow, but that is good news, too, as that is whom I daytrade against. Anyway, I think GTIIX is going up. It exhibits a Hershean FTT to the lower channel boundary, which is bullish. We shall conveniently ignore the fact that it earlier made a bearish FTT. I maintain that that earlier FTT was bullishly bearish.
Liz recently wrote me to point out (as if I didn't know) that I am a truly sick individual. This for sadistically abusing Saint Jack. That is certainly the least of my many faults. Well, I do repent of my sins. Here is a tribute to the Great Man. Why the hell an asset with as many complicated influences as an intermediate bond fund has should display regular channel behavior is beyond me. P.S.: I still think you're cute, Liz, even if you don't like me.
I first posted back on 12/29/04 that I thought intermediate bond funds sucked. Specifically VBTIX, which is the sorry assed fund that Fido offers its 401K prisoners. (If they REALLY gave a shit about your financial welfare, they'd offer a fucking BEAR fund.) At that time I thought it was exhibiting a Hershean FTT of its channel. Comme d'habitude I was wrong. As today's chart shows, it subsequently ran up to its upper channel limit. But now, two fucking months later, I am right, as clearly it bounced off of that line. Now my question is this: Looking at the chart, clearly the channel separation is about 6%, which by anybody's arithmetic exceeds the 4% yield. Why the fuck would anybody be long this sorry fund? I'm not. Better to be in a money market fund at 1.4%. As the French say while grasping a tooth: "That's so stupid it makes my teeth hurt!"