Monday, June 9, 2008

Please Be Careful, Obama!-- IFCN Wk 27 -Mon- Equity: $729.55

I have serious concerns for Senator Obama's safety. Check musings on the web, and you'll see I'm not alone.

That said, he is not my candidate. I have no candidate, unless someone can dig up and revive either Thomas Jefferson or Teddy Roosevelt. And, if resurrected, I doubt either of them would be willing to be president of the country that is America today.

I have no interest in editorializing a subject that others have travelled down with much greater passion.

It may be unreasonable to fear something wrong happening in the current election process. I don't like the things I've heard from the campaigning pulpits over the last few months. I still hold reservations about some of the “coincidences” having to do with the Clinton's close acquaintences.

Senator Clinton did not concede. She just officially "suspended" running for president. If something should happen to Obama....   After spending at least $217 million dollars, and years of your life to get something that defines you as a creature, how far might you be willing to go to bring your dream home?

I've attached a short YouTube that displays my concerns to a “T”. Check it if you wish.

About coincidences. I have a very keen grasp of things that may be extremely odd but possible and things that are extremely odd but keep on happening.

I have seen incredible things in the constant observation and daily trading of the markets over the decades. Coincidences are just likely that if- they happen once, twice, or maybe three times. Statistics can easily figure out the odds of a coincidence event, however odd, happening to somebody, somewhere. After something very strange happens more than 3 times, you need to start thinking of the unusual events as a trend.

That's how you as a trader can expect to make profits, from noticing and taking advantage of the unexpected which keeps on happening.

Personal bodyguards just don't get killed so easily, in great numbers, by chance.  Maybe they were coincidences.  If I were Obama, I wouldn't take any chances.

All I can say is, “Obama, make sure you've got good protection.” I'd love to be completely wrong.

Our 5 FirstStrike orders got hit early this morning. That was no coincidence.

We've had a few losses already, but also have a couple decent profits working.

The following are this week's FirstStrike entries:
  • Eur/Usd: long @ 1.5830, stopped out at 1.5770 for a 60 pip loss.
  • Gbp/Jpy: long @ 208.18, stop 207.28. Trade in progress.
  • Gbp/Usd: long @ 1.9742, stop 1.9682. Trade in progress.
  • Usd/Chf: short @ 1.0160, stopped out at 1.0220 for a 60 pip loss.
  • Usd/Jpy: long @ 105.83, stop 105.23. Trade in progress.
Note: Any FirstStrike trade not stopped out before Friday gets exited on Friday just before 15:00 CST.

It is too bad the Eur/Usd long trade got triggered first.

Current equity is $729.55. Maybe we have the start of a good week.

Joel Rensink

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1 comment:

Anonymous said...

In the case of eur/usd - it hit up side target and then - shortly after the down side - is it the First Strike a "pre strike" in this case since all of the other pairs direction hint us to go short EUR/USD