Bought $46 strike FXE (euro ETF) call options expiring September '11. Euro broke out of wedge pattern today (7/26/11)
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An electrical thunderstorm collides with a volcanic eruption in Chile
Volcanic Thunder
An electrical thunderstorm collides with a volcanic eruption in Chile
"The 10 Cannots"
You cannot strengthen the weak by weakening the strong.
You cannot help small men by tearing down big men.
You cannot help the poor by destroying the rich.
You cannot lift the wage earner by pulling down the wage payer.
You cannot keep out of trouble by spending more than your income.
You cannot further the brother of man by inciting class hatreds.
You cannot establish security on borrowed money.
You cannot build character and courage by taking away a man's initiative and independence.
You cannot help men permanantly by doing for them what they could and should do for themselves.
- William J. H. Boetcker, 1916
You cannot strengthen the weak by weakening the strong.
You cannot help small men by tearing down big men.
You cannot help the poor by destroying the rich.
You cannot lift the wage earner by pulling down the wage payer.
You cannot keep out of trouble by spending more than your income.
You cannot further the brother of man by inciting class hatreds.
You cannot establish security on borrowed money.
You cannot build character and courage by taking away a man's initiative and independence.
You cannot help men permanantly by doing for them what they could and should do for themselves.
- William J. H. Boetcker, 1916
Blog Archive
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2011
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July
(13)
- When to own gold vs. when to own paper assets
- Bought into Euro call option
- USD oscillating. Watch for breakout or breakdown
- Bridgewater Associates Ray Dalio quote
- Gold consolidation and explosion patterns over las...
- Silver call options
- Bert Seligman words of wisdom
- Clorox- Classic example of a breakout through firm...
- GDX and GDXJ consolidation
- Bought back into silver, gold, senior and junior m...
- Shanghai Composite- break of 5 year support will b...
- HUI index possibly turning around, bouncing off fi...
- Gold uptrend October 2008 channel intact
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July
(13)
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