VIEWPOINTS OF A COMMODITY TRADER

Expect The Unexpected

INSIGHTS: The Simple Life Of Jim Rogers

Friday, October 30th, 2009

Jim Rogers talks to CNN’s Andrew Stevens about living the simple life despite his vast wealth:
 

 
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Great Expectations

Tuesday, October 27th, 2009

The best things in life are unexpected – because there were no expectations – ELI KHAMAROV 
 
Legendary trader Roy Longstreet was once asked by Intermarket Magazine, “Why have you succeeded in trading to such a degree and why do most traders fail?”  Roy answered “Many major problems people have in trading are caused by their expectations [...]

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INSIGHTS: Confusing Design And Discovery

Friday, October 23rd, 2009

When it comes to the things that count, we humans don’t like to admit that we live in a world we know very little about. We also have a tendency to place a premium on the little that we know, and discount the larger amount that we don’t know.
It’s no wonder why we are not [...]

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FOOD FOR THOUGHT: Our Cups Runneth Over

Wednesday, October 21st, 2009

An era can be said to end when its basic illusions are exhausted – Arthur Miller (American Playwright)
 
There has been a fair amount of talk about the glut of Natural Gas on the market today and how full capacity storage could threaten us by the end of the year. This is a very interesting situation. We [...]

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The Red Badge Of Courage

Monday, October 19th, 2009

 If you lose hope, somehow you lose the vitality that keeps life moving, you lose that courage to be, that quality that helps you go on in spite of it all. And so today I still have a dream – MARTIN LUTHER KING JR.
 
Roy Longstreet, legendary commodity speculator once said, “To trade successfully, one needs [...]

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INSIGHTS: 50 Years Of The Roller Coaster Ride

Friday, October 16th, 2009

Richard Russell began publishing Dow Theory Letters in 1958, and he has been writing the Letters ever since (never once having skipped a Letter). Dow Theory Letters is the oldest service continuously written by one person in the business.
Russell gained wide recognition via a series of over 30 Dow Theory and technical articles that he [...]

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The Rhythm Of Living

Wednesday, October 14th, 2009

Action and reaction, ebb and flow, trial and error, change- this is the rhythm of living. Out of our over-confidence, fear; out of our fear, clearer vision, and fresh hope. And out of hope, progress – BRUCE BARTON (AMERICAN CONGRESSMAN 1886-1967)
 
If we want to become better traders, we need to rely more on ourselves, and [...]

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FOOD FOR THOUGHT: What If This Bear Market Is Not Over?

Monday, October 12th, 2009

Once again it seems like the gurus have a general consensus that the March lows are the final lows for this bear market. Since I am not in the prediction business, I will not say, but I will pose a question. What if they are wrong? It’s not like they haven’t been in the past. [...]

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Dead Sure Or Just Plain Dead

Friday, October 9th, 2009

Before you attempt to beat the odds, be sure you could survive the odds beating you – LARRY KERSTEN, AMERICAN SOCIOLOGIST
 
It’s amazing to me how confident we humans can be about certain things. For example, if you ask someone if they are a good driver, they will most definitely say yes. In fact, a poll [...]

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FOOD FOR THOUGHT: For The Gold Traders

Wednesday, October 7th, 2009

Gold has broken out to all time highs this week trading as high as 1050 or so in the December contract. I wonder however, if this is the launching pad for the well touted $1500-$2000 per ounce. I would not be surprised at some point to see Gold trade a lot higher but I would [...]

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