1. All non-scheduled announcements will go against the trend of the stock market, i.e. if the market is going up the announcement will be bearish.

2. Big market declines on Friday have an inordinate tendency to continue as gov over the weekend don't have time to get their act together.

3. All the fact checking reports are biased to say what the fact checkers wish politically. The fact check on the senator who passed away is a case in point.

4. The lynch pin of the market and the economy is corporate profits. Profits get back to consumers via capital spending, dividends, stock market increases, higher salaries, more hiring, and other areas.

5. The market is at a very halcyon state as 30 year yields are near 3% and the forecasted earnings price ratio is way above.

6. Markets that are up in the first 8 months of the year tend to have a fine last quarter the four musketeers take turns in joining the fray.

7. The Westerns of Louis L'Amour all have a boxing match by a man who has the build of Louis, and there is always some sign reading and advice to read books, especially Plutarch and Blackstone.

8. The rules against spoofing tend to prevent the deception in order placement price and size that are necessary for an active trader to overcome the vig from front running by the high frequency firms.

9. The second best trader I know recommends that all his people start out by reading The Godfather. I would suggest Monte Walsh and Atlas Shrugged and a good book on survival statistics and ecology.

10. The move of down 150 on Monday, February 5th was twice as great as ever had happened before and for those who didn't have one or two days to meet the margin calls it was catastrophic.

11. The real estate market in New York and London is forecasting hard times for the stock market as it tends to lead.

12. The idea that core price indexes which take out energy and food are better at describing and forecasting the economy is un-tested and wrong.

13. There is hardly any lobbyist who deals with foreign clients who would not have similar rule infractions to Manafort.

14. It is highly unlikely for someone with a strong bias to make an impartial finding nor can an individual who knows of an acquisition to be announced to sell the stock or advise others to do so. The refraining from selling is enough to create an imbalance on the buy side.

15. The idea that it is better to wait for a down day to buy rather than an up day is invalid for many markets for all time and for most markets in recent times.

16. The movie Papillon is very well acted and exciting and is worth seeing.





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