May

6

How often does the market offer hidden messages, specifically tailored for a particular segment of the market (victim of the Mistress)? Here is a great example of a hidden message in real life: "This Ad Has a Secret Anti-Abuse Message That Only Kids Can See"

What are the market parallels, if any?


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3 Comments so far

  1. Shane Hurren on May 6, 2013 6:02 pm

    Hi Mr. Watson. I really like your ideas and the way you think. I was wondering if you could post some trade ideas for us, let’s see what you can do.

    Do you like Starbucks? I think I remember seeing you in a Starbucks in New York, coincidence I’m sure. We all need followers in life, right?

  2. Andre Wallin on May 7, 2013 10:04 am

    If someone watches a specific market for years on end you can tell the mood of the market by its tempo and the switches that happen a few times per year. However, as Jesse Livermore said (something along the line of) tape reading isn’t enough to be successful as a speculator. Need to overcome vig, manage trades when you’re wrong, and the hardest part knowing yourself to the point of minimizing mistakes by being one with yourself. Don’t know many people who are one with themselves. I know a lot more that are one with the many.

  3. Jeff Watson on May 7, 2013 4:56 pm

    Shane, thanks for the undeserved compliment. There’s an excellent chance we might have run into each other at a Starbucks in NY as I like to do business with companies that I own stock in. And I’ve probably been to at least 30 SBUX in Manhattan alone, but usually go to either the one on 59th and 9th or the one at Chambers and W. Broadway. But, you might consider Kaffe 1668 in Tribeca for your coffee needs. That being said, your asking about trade ideas are way off. You are asking the right question, but not looking at the answer in a way that will make you money. Since I’m confused 90% of the time about everything, all the time, I also happen to be the world’s worst stock picker. The best thing you could ever do the next time we meet at a SBUX is to buy me a Venti Triple Cappuccino, wet, then ask me for my favorite stock du jour. Since I am always wrong about the stocks and stock market, fade the hell out of me. As far as the grains are concerned, that’s where I make what few dollars I make and about grains, I’m not telling. Furthermore only follower you need to follow is your own counsel.

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