Inside The Mind Of A Retail Rat

In a column in the Financial Times at the start of the week, former Treasury Secretary Lawrence Summers, whom the Obama Administration passed over to appoint Yellen, argued that it would be folly for the Fed to raise rates. Damn it – this is going to be a boring one again – alright you can do this – this is important, pull yourself together…. Now Ray Dalio, the manager of one of the world’s biggest hedge funds, Bridgewater Associates, has weighed in on the debate… what the fuck does he know…  arguing that the Fed, rather than tightening policy (that is, raising rates), might well end up easing instead—purchasing bonds and pumping money into the financial system ... say what??... a policy known as quantitative easing. (Between 2008 and 2014, the Fed carried out such a policy.) OMG this shit is boring… okay, okay, now we’re getting to the good stuff…


When Dalio’s remarks, which he delivered in a note to clients, were first reported, it appeared that he was suggesting the Fed would back off a rate hike, a move Wall Street had been expecting to take place in September or December. On Tuesday, he published an article on LinkedIn ... who the fuck still uses LinkedIn – snort... , in which he clarified his views. “To be clear, we are not saying that we don’t believe that there will be a tightening before there is an easing,” Dalio wrote. “We are saying that we believe that there will be a big easing before a big tight…

Oh for f…s sake, this is IT! How does this crap even make any sense? Am I supposed to buy stocks here or not, for crying out loud!? Or is gold the way to go? It’s fallen a lot lately – gotta bounce at some point! Man, this shit is a lot harder than I thought… perhaps uncle Cletus was right… I should have just invested in his chicken farm instead of opening that damn TDA account.

Alright, what was that guy again who banked some coin recently? Evil Investor or something [googles] – ahh right – Evil Speculator….. Haa-haa – funny guy … damn his charts are really dark, he must be color blind or something. Bad taste in music too, jeezes… Seems to know what he’s doing tho… What? $49 per month? Is he insane? Who can afford that!!? Alright, we’re done here – let’s see what’s on ZeroHedge today, they sound smart and know a lot of stuff…


Pssst… wait… is he gone? Oh good – now, let’s get on with our business. USD/JPY is looking like a juicy long position but not just yet. This is looking WAY too easy and I’m waiting for a drop toward the 100-hour SMA just to screw with everyone a little. Probably worth waiting until Sunday night.


Silver – good to go here IMO but I’m taking only a tiny position (0.3R) as it’s been a wild ride lately. 14.2 is your minimum stop, mine is actually a bit below that.

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Don’t go crazy now – easy does it ahead of Jackson Hole and all. So, keep yourself busy – I for one have big plans for this weekend…

Hey, evil is as evil does.


Taking Profits

It’s pretty much a binary situation – either you pulled the trigger yesterday when the getting was good or you were debating the end of life as we know it over at ZeroEdge or some other perma-bear watering hole. There is a small crew here who over the years has worked hard to gain membership to the exclusive 1% club. To earn the privilege to walk among men (and women) who are able to print coin in any market environment. Many have tried and most have failed – and we rats would not have it any other way.


Frankly I really don’t care what anyone else thinks. This was brilliantly timed and executed. If you missed the mark then you only have yourself to blame. Frankly I’m tired of the noise and will instead revel in my ill-gotten gains whilst laughing maniacally.

Anyway, I’m taking partial profits here and then I’m heading over to the local Kindergarten to hand out lollipops wrapped in stock trading tips.

The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.


Relive The Bounce

Enjoy a re-run of today’s E-Mini session exhibiting participation as measured by our Zero indicator. On the left side is the hourly panel and the Zero Lite runs on the right via the 5-min panel. Swing traders and scalpers are encouraged to watch the 5-min panel for early clues – in particular price/signal divergences and lack of participation as expressed by a flat signal. If you like what you see then may want to watch some earlier ones – you will find plenty of examples of what to look out for and how to avoid common traps when trading the E-Mini. Plus you may enjoy the tunes 😉

I don’t think this one requires a lot of commentary. If you missed the long entry earlier today then go here to see how we nailed it.

The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.


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    1. Inside The Mind Of A Retail Rat
    2. Taking Profits
    3. Relive The Bounce
    4. Rammstein
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    7. The Tale Of The Big Bad Bear
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