Friday, October 30th, 2009
Jim Rogers talks to CNN’s Andrew Stevens about living the simple life despite his vast wealth:
Enjoy this article? Like to receive more like it each day? Simply enter your email address in the box below to join them. Email addresses are only used for mailing articles, and you may unsubscribe any time by clicking the [...]
Filed under: Insights by Charles Maley
Tags: «investor - Jim Rogers - living life »
No Comments »
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 [...]
Filed under: Favorites, Trading Psychology by Charles Maley
Tags: «Consumer Price Index - expectations - Intermarket Magazine - Roy Longstreet »
1 Comment »
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 [...]
Filed under: Insights by Charles Maley
Tags: «Black Swan - Charlie Rose - discovering - mindset - Nassim Taleb - predictions »
No Comments »
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 [...]
Filed under: Food For Thought by Charles Maley
Tags: «EIA - Energy Information Administration - gas storage - Growth Stock Wire - Matt Badiali - natural gas - rally »
No Comments »
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 [...]
Filed under: Favorites, Trading Psychology by Charles Maley
Tags: «courage - Roy Longstreet - taking losses »
1 Comment »
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 [...]
Filed under: Insights by Charles Maley
Tags: «Barrons - bull market - correction - Dollar - Obama - Richard Russel - stock market »
1 Comment »
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 [...]
Filed under: Favorites, Trading Methods, Trading Psychology by Charles Maley
Tags: «Dr. John Harvey Kellogg - Nassim Taleb - Percy LeBaron Spencer - strategies - testing - trial and error - Will Kellogg »
1 Comment »
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. [...]
Filed under: Food For Thought by Charles Maley
Tags: «bear market - bear traders - bears - guru consensus - gurus - March lows - S&P »
1 Comment »
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 [...]
Filed under: Favorites, Trading Psychology by Charles Maley
Tags: «Behavioral Finance and Wealth Management - CNBC - forecast - Michael Pompian »
1 Comment »
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 [...]
Filed under: Food For Thought by Charles Maley
Tags: «Dollar - gold - gold relationship - gold trader - oil - oil trader - yen »
No Comments »