Describing the unchanging nature of French attacks, Wellington is reported to have said,
"They came on in the same old way and we defeated them in the same old way."
The hedge funds that have most of the excess capital of the rich seem to behave in that same old way: barge in, barge out. No true investing exists by them. They simply trade to try to extract a profit from ... who? Each other now. They are mindless. They brawl like drunken cowboys in a western saloon. Something happens and whoosh. They all move together.
What do we do? We practice judo-style investing, buying low, selling high and selling high and buying low, all done in smallish bits to grab slowly some extra percentage points of gain every year while maintaining large, long term investments with most of our capital. This is Krypto's style.
She got off the couch this morning, nudged me,and voilà, I find an order: buy some gold!
I will obey the machine, buying some GLD at the open to bring that asset class up to its level. If it drop further, we will buy silver next.
The machine also says to "get ready" to buy some European stocks - a small further relative drop will trigger a strong buy there.
Word of the Day
"Jussive" - adjective [$10] Grammatical
Jussive means expressing a command [e. g. the jussive subjunctive in Latin]
Sentence: Today Krypto was jussive, but usually she's a couch potato.
T2108 38... Col William Presscot Bunk...lol
ReplyDeletei am following krypto into GLD...............let's see if she can outperform the hedge funds
ReplyDeletebrawl like cowboys in a saloon
ReplyDeletelmaooooooooooooooooooooooooooooooooo
brawl like cowboys in a saloon
ReplyDeletelmaooooooooooooooooooooooooooooooooo
Bud said...
ReplyDeletei am following krypto into GLD...............let's see if she can outperform the hedge funds
after years of slam bamin Krypto..
roflmaoooooooooooooooooooooo
beware, Bud - Krypto is a long term investor and the "trades" are intermediate term aka months.
ReplyDeleteNot days hours minutes.
She goes for the larger moves - in gold, a couple $00 per ounce.
'drunken cowboys'
ReplyDeleteKRYPTO giddyup !!!!!!
ReplyDeletebtw, if the trade does not work, the watchword is:
ReplyDeleteNon guaire,
no no no no,
non guaire.
[following the style of the opening scene of Don Giovanni]
Is this not a cultured blog?
:))
speaking of cowboys in a saloon....with nat gas fracking boom in Pennsylvania...all these young guys with an azzload of cash come in to these small towns..have nothing to do but drink like injuns and get into fights on their days off..lmaoooo
ReplyDeletemonths lol
ReplyDeleteGLD trade for me is between minutes and hours
months lol
ReplyDeleteGLD trade for me is between minutes and hours
who/what is Don giovanni ??
ReplyDeletea mobster........a pizza maker.........a wine-maker???????
Bud droppin the John Secada act for Goodfellas...Jimmy two time
ReplyDeleteIm going to get the paper...get the paper
looooooooooooooool
Don Giovanni = Don Juan in Italian.
ReplyDeleteIt's the title of a famous Mozart opera.
He eventually goes to hell ...
Bunk 55% of your allocation is spread out in general US,Euro,Pacific stocks....charts say they all perform the same...Since your style is oversold buy/overbought sell...Dont you think you should noodle with the machine a lil??....takeout a couple gears with your big mf wrench??or do you like to create/save jobs for your broker?lol
ReplyDelete"charts say they all perform the same"
ReplyDeleteWithin the sensitively of the signals that the model actually does generate, that seems false.
I often - almost always - get signals for buy/sell only one or two groups.
For example, now Europe is close to a strong buy, but US is zilch.
BUT yes, I am aware of correlations - aka colinearlity - has increased a lot recently.
I have begun to wonder how to react if it gets worse.
that my friends is as about as close as any man will get to a .."yes...you might be right" from Bunkerman...it's not total...but it's in there...Spinny is Bunks Anne Sullivan.....Spinny Sullivan....loool...waaaaaa-ter...lool
ReplyDeleteIt's Ok...here sit down Bunk...breathe into this bag....in....out...there ya go....lol
ReplyDeleteAnnie Sullivan is ?
ReplyDeleteTook a walk with Krypto and thought a bit more. I do remember times, particulary in a major bull trend, when the assets all moves together more than now, and I was a bit frustrated.
Lately the massive volatility seems to be separating them more, at least for intermediate term moves. I've made a lot more moves lately that in some markets.
and lol, spin, I usually give reasoned replies ... no slogans or metaphors :)
ReplyDeleteHelen Keller's teacher......aye yi yi..lool
ReplyDeleteT2108 38... Col William Presscot
ReplyDeletenutten....
Dont shoot til you see the whites of their eyes
lol