F

Woulda coulda shoulda done better today, but since the CFDM don't trade on Fridays correct chart signals matter ... not. BTW, CFDM is SHORT SPX500. This can't be foe real. Just another short-squeeze -- America's Most Wanted: Another Fed rate ... for Xmas!

Once I've recouped my Ameros Dollars I'll do what I initially wanted to, namely focus on PM stocks like PAAS and NEM ... and my first butcher: Uranium One, Inc.

By Short I mean LONG

"There is smart money, and there is dumb money. Then there is me - dumber money." I managed to lose close to 70 bucks yesterday while my favorite index surged 60+ points! The stock market's largest two-day jump in five years, and the CFDumbMoney couldn't take advantage of it.

Yesterday's CFD trades:



After the SPX500 broke through 1,452 CFDM was convinced that LONG is the way to walk. Correct assumption, but...

At this point, that Murphy's words come to mind: What can happen will happen. Instead of buying 28 I actually SOLD 28 ... coulda, woulda doubled my mega margin. Shit like this happens if one trades too much after getting slaughtered

Standard and Poor and Greed

CFD trades: Tuesday, Nov 27 2007

SPX500 Index Spot

SHORT
(25.00) 1,412.00000000 35,300.00
25.00 1,416.80000000 (35,420.00)

LONG
25.00 1,420.00000000 (35,500.00)
(25.00) 1,422.00000000 35,550.00

LONG
25.00 1,421.80000000 (35,545.00)
(25.00) 1,424.80000000 35,620.00

SHORT
(26.00) 1,425.00000000 37,050.00
26.00 1,417.80000000 (36,862.80)



18:05:47 Market SPX500 (26.00) 1,425.00000000
20:11:29 Market SPX500 26.00 1,417.80000000

The market gave CFDumbMoney (CFDM) 13 points but due to greed not even 7 points were locked in.

SPX500 Short Mini-Winner

November 26, 2007

SOLD 24 SPX500 at 1,434.60
DealTime (London): 18:18:44

BOUGHT 24 SPX500 at 1,431.60
DealTime (London): 19:13:18



Although a winning trade, CFDumbMoney sold right before another 25 point drop. Since the "urge to gamble" almost wiped me out a couple weeks ago (Posted shortly) I put my focus on discipline -- the wizard who believes "losing all of you money is one of the best things that can happen to a beginning trader" does have a point.