understanding the psychology of behavior

Every article I read, every media outlet I turn to, all I see is negativity.  The horrors of the economy, but the worst of it are those ubber negative ‘end of world’ shmucks who just criticize every step of the way.

Things suck out there, they do, but I hate those back seat drivers who just complain about a situation and assume it will never get any better.

The House better approve this bill cause the market needs something.  We already had a scenario where the market were left on its own during a credit freeze, and it gave us the Great Depression.

Fuck that… I do not want to give up like that… accepting a do nothing approach is GIVING UP, and I do not give up, so my congress better not give up either!

Equities are already priced for a severe downturn, the market already expects it… so what are we going to do about it… accept defeat or win?

Due to today’s market decline the SEC declared NO SELLING ALLOWED.

The SEC is a complete and utter JOKE… as this post.

If the SEC bans short-selling I will question our ‘free market’ thesis. And will worry about the very fabric of American culture going down the drain.

Reinstate the shorting rules, add regulation, but DO NOT ban a free market transaction!  Banning something is bullshit, and pretty much proves markets are constently manipulated.

Today is an artificial up day… I made good money… really I did, but unfortunately the markets will head back down as REAL FUNDAMENTALS SUCK!  This took away from the real capitulation day we were suppose to have very soon… this just prolongs it, yet again!

I have already sold the options that I purchased in the afternoon because of this.  Today is a sadder day then watching Lehman go under.  Today we are wittnessing the deterioration of free markets, and subequently America.

I want the Federal Reserve to pay for my college loans!

Anyone big enough is going to get bailed out. Its bullshit, not capitalism.

The markets may see a mini rally on this news, but nothing more. A prime broker and the largest insurance company in the world went bankrupt. That is not good. The domino effect will occur, and the general consumer negativity is not being factored in.

Be cautious here.

My ‘Market Thought’ posts have been pretty dead on calling shifts within the market, and many more individual investors would have seen the market indicators prior to todays major decline if it was posted on Seekingalpha.com.

I do not need any validation from anyone… my portfolio value validates me enough… but for the sake of the little guy being informed of critical indicators, THAT WALL STREET USES TOO, so that they more quality information. Make an exception to your chartist rule.

Even though today was a really good day for me, I am saddened to see so much value lost, especially when indicators were present telegraphing the move. Anyway… I needed to vent.

I am sick and tired of my tax dollars being used to bailout irresponsible cowboy fucken traders/bankers who buy equities and assests at their high, over leverage themselves, causing a complete strain on the financial system, then get bailed out… and heaven forbid the cock sucker Lehman CEO walks away with millions of dollars… I will be pissed.

If executives walk away with millions, essencially the government gave them tax dollars to have those millions. How many more CEOs will walk away with tax dollar retirement packages… WHEN WILL IT STOP?!?!

First Bear… now LEH… next is MER… after that is AIG… WHEN WILL THE BAILOUTS STOP?!?!

Test the system, and let them fail.

I am sick and tired of my money being used to bail out arrogant bankers, who only THOUGHT they were masters of the universe! They are such jokers!
I would rather the government pay for my college loans, pay to provide shelter for the homeless, or help out the millions of struggling people in this economy.

I am just tired of this bullshit.

The tower lights were pretty amazing today… reflecting off the clouds the way they were. Puts things in perspective, as always.

Money, the markets… its all bullshit, its something to do. All that really matters is a functioning society, and living our lives -happily- through that society.

to that end… happy living (to however happiness is defined by u), and happy trading.

I’ll be way from a computer to make active trades and Blog posts until next Tuesday. I placed some limit orders as per the posts below.

Should be an interesting week while I am away. My company is going through a round of serious layoffs, and the rumor is that they will be announced on Friday. The goal is to cut the middle management, and since I was recently promoted to a manager I may get layed off. Sweet. Its an interesting state of mind… I get promoted within an environment of industry consolidation, which is obviously a sense of pride. But I knew full well I could get layed off from this move.

See… I am too much of a coward to quit my job, cause the money and momentum are good, to just focus on trading and other interests. My company has treated me well for the almost 6years I have been there, but I have been itching to trade full time for a while now. I figure accepting the promotion would give me a sense of pride, and force the company to pull the trigger. (Suicide by cop… and the severance package would not hurt either.) I would rather get layed off from a job I do not feel strongly (when compared to trading and my other interests), versus my friends with children to feed and a mortgage. I can cover my expenses through trading. (The only thing prevent me from making more money trading is the ‘pot’ I am trading with.)

Happy Trading…

So I’m watching Kudlow and Company tonight, and Mr Kudlow is pounding the table on the thesis that we will be in a continued bull run thanks to the falling price of Oil. I agree with the idea, but where I do not agree is that he uses the decline of oil as a catalyst for gas prices to go down, which will allow money to go to mortgage payments… and ‘bam’… no more credit crunch.

I just disagree so much. More layoffs are still coming, mid/high $3 gas is still too high and the high quality mortgage paper is being hurt by people who can afford to pay them but choose not to. (Why would anyone pay a $500K mortgage when the value of the house is now $300K? They don’t, and default. Granted that rate of default is decreasing, which benefits the financials, but we are still in a ‘consumer washout’.)

The things we do best are the things we haven’t been taught.

-Marquis de Vauvenargues

(Courtesy of iGoogle’s Quote of the day )