Recent content by wobbles

Warren Buffett: "It's only when the tide goes out that you learn who's been swimming naked."

Damon Runyon -- It may be that the race is not always to the swift, nor the battle to the strong--but that is the way to bet. Joe Ross -- Learn to respond to the markets, rather than trying in vain to predict them. Know that you cannot change the markets, but you can change your behaviour...

MURPHY'S LESSER-KNOWN DICTUMS Light travels faster than sound. This is why some people appear bright until you hear them speak. He who laughs last, thinks slowest. Change is inevitable, except from a vending machine. Nothing is foolproof to a sufficiently talented fool. The 50-50-90...

An 85-year-old man was requested by his doctor for a sperm count as part of his physical exam. The doctor gave the man a jar and said, “Take this jar home and bring back a semen sample tomorrow.” The next day the85-year-old man reappeared at the doctor’s office and gave him the jar, which was...

A married couple was on holiday in Jamaica. They were touring around the marketplace looking at the goods when they passed this small sandal shop. From inside they heard the shopkeeper with a Jamaican accent say, You foreigners! Come in. Come into my humble shop! " So the married couple walked...

Tom Williams book I would also highly recommend Tom Williams’ book, although a tad expensive. It has information that I was not able to find in any other book. I couldn't put it down. Lots of good examples which he takes you thru step by step. Also don’t forget DB’s book. Its cheap...

Here's two more quotes for the pot! Keynes - The market can remain irrational much longer than the rational investor can remain solvent. Warren Buffett: "It's only when the tide goes out that you learn who's been swimming naked."

Depends upon your definition of Success. You can be right 99 times and wrong just once. Just ask Victor Sperandeo. He was wiped out three or four times and each time he came back bigger and better than before; and although there was no onus on him to do so, he also settled his previous debts...

Sorry guys, but someone beat you to it. The movie was called “The Yellow Rolls Royce”. It comprised three stories, one of which was based on Jesse’s habit of being chauffeured around town in his Rolls Royce and picking up prostitutes. Thus the supporting cast might be more than the...

Some excellent posts here. On explorations (or scans) I like to use the following indicators to pick my shares:- Price / Volume breakout Big increases in volume Comparative Relative Strength Price crossing Long-term Moving average I then look for breaks of support or resistance lines...

When “Reminiscences” was written, Livermore was at the height of his fame. Interestingly enough, some time before the 1929 crash, it was said that he was all washed up and had lost his touch. He then lost a considerable sum by selling short too early, just before the 1929 crash. When...

Jesse Livermore is a legend, but I sometimes ask myself if some of that brilliance and the fact that he is still remembered some 65 years after his death, was as much due to the book “Reminiscences” written by Edwin Lefevre as to JL. Apparently he was an amazing journalist, who had the knack...

Some Trading Rules by Richard Rhodes' I must admit, I am not smart enough to have devised these ridiculously simple trading rules. A great trader gave them to me some 15 years ago. However, I will tell you, they work. If you follow these rules, breaking them as infrequently as...

Hi Camelot You can contact DBPhoenix through the message board on Trade2win. Make sure that you set your profile to accept messages.