In Rich Dad, Poor Dad, years ago Robert Kiyosaki made a case for building pipelines rather than carrying buckets.  We need to continually examine our game plan. We get distracted by life, and the results of seemingly insignificant choices accumulate and reveal to us the Truth of our decisions, both good and bad.

Hindisght is the best teacher.

Thanks to SJosephBurns for reminding me of this valuable principle.

Monday’s action undercut the prior 73.25 low, but bounced firmly into the close. Today we used that 73.25 as a reference point to confirm we were still trying to bounce off the lows.

3:21 E stop 95 for agg shorts get 87/86 be happy if short #EMWS

1:04 E paid by 82/81 if short #EMWS keep it simple

12:37 E one simple thrust to 84 can undermine all the late longs. that would be wrecking ball trade #EMWS still thinking two way trading makes sense

E Markets tend to follow the leaders ow.ly/lIcE30m9KPJ #EMWS Monday 11:55 E above 73.25 we are bouncing

10:28 E goal of boyz should be to knock out 98.25 t1 99.25 10:37 E stop 2905 for shorts 10:58 E the market failed last friday at 98.25 and this is a retest
yippie at 92/88 if short volatility is our best friend IF DISCIPLINED #EMWS

9:29 E i would like to see 92 tested #EMWS

Still using prior high 2878.25 as a benchmark ow.ly/za4Q30m9Kxh It’s been a long time since we have had a Corrective market, reminder we get sharp bounces. #EMWS Cant be stubborn, but try 1 more time

Monday

Right, right, wrong. Thought get above 91 first pass with 78 support, thought we could hit the bounce, doubted we would break Friday’s low…until NQ started to unravel. Then got the profit taking bounce idea right. Slingshot trades are tough ow.ly/33ln30m97NR #EMWS

Fools: “If you argue with a fool, very soon no one will be able to tell the difference between the two of you.”