The Daily Note - Being Equipped

Mechanical objects have an inherent risk of failure. Often enough one can predict when some may come to the end of their functionality by knowing their average life span but often enough, as in life, there are always those that stop functioning earlier than others.

It is also true that the odds of being the one hit such a failure comes into everyone's life at least once, of course we never know when. Let it be said, that mine happened last Thursday and it happened not just once but twice on the same day. I suppose that fate may have spotted an omission and decided to "catch up" at my expense. Two computers, 2 unrelated failures, both rendered unusable. Yep, those gremlins were hard at work.

Experienced traders know that nothing stops ones ability faster than total disconnect to platforms. It's blindness and it renders us helpless as well as useless, and knowing that, is why I always had two systems up running separately. If one failed, the other would be available; but fate had it's day with me and my worry lines got deeper.

To say that it was not a traumatic event would not put enough importance on the help I received from a friend who tirelessly spent the better of 5 days both in repair and recovery of my system and made it infinitely better than before. It reminded me how much time we devote to things we love to do. His love of knowing everything computers and enjoying that he can help others in need is very much what life is about. A purpose that is undefinable but one that makes life enjoyable.

I stopped fretting and despite the unwelcome event, I could not help but laugh in the end. It's what I've have been writing about and sharing here with many fellow traders since the beginning. Life is like trading and we have to be ready for whatever happens, so what we do should reflect what we enjoy doing and part of our equipment should not be the things around us but the humor inside of us. We never know what can happen next, so, did you bring your humor to work today?




Happy Trading, Living and Dancing
Anni





The Daily Pick - APKT

©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - A Fantastic Start

One could not have asked for a better New Year's Day present than what equities dished up today. Starting strong, the pause was brief at 10am awaiting the reports for the day then there was no stopping this market. I actually thought for a minute, that my DJIA 10.800 prediction of last year would become a reality by only one trading day late. Alas, it was not to be but there is always tomorrow and that would be only 2 days late.

Reality is what it is, and euphoria makes us forget about what is looming ahead. No matter how one slices the pie, it eventually gets divided and consumed. So, we must pause at some point and ask the question "From whence the next pie will come?" because without the answer, we are riding in a balloon very high aloft.

Even if you think we are recovering nicely with construction spending, manufacturing and other so called growth signs we keep clinging onto, we cannot deny the debt we have accumulated which will take decades to repay even if we received it with zero interest. To put it simply, government will not repay this debt but they are looking at the source who will, and the source is US. Not the USA but us. Via, what means?

Taxes.

At some point government will kick into high gear looking for any means to cover their spending habits. Unfortunately, even with so many hopes pinned on a Republican Congress, it is reality that cutting government spending by 20% is still less likely and cutting it by 50% is just plain dreaming. But that is what we need in order to avoid what is coming like a freight train down the track.

Taxes.

Maybe once the freight train hits, the people will again awaken to the fact that no matter what you want your government to do for you, there is only one way to pay for it:

Taxes.

Sorry to put a damper on such fantastic day and such a Happy New Year. Of course if you don't like it, you can continue to subscribe to Mr. Fantasy.



Keep on Trading, Living and Dancing
Anni

The Daily Pick - $DJI

©DayTrading with Anni 2010 All Rights Reserved

The Daily Note - 2011

Wishing everyone a very prosperous and

Happy New Year !!

 2011


Anni