Market Profile
What are we but a collection of choices ? Golden Anniversary SpecialMARKETwizardz E-widgetRepresentation of the world, like the world itself,
is the work of men; they describe it from their own point of view,
which they confuse with the absolute truth.
-Simone de Beauvoir
“Don’t gamble; take all your
savings and buy some good
stock and hold it till it goes up,
then sell it. If it don’t go up,
don’t buy it.” -Will Rogers
Serendipity
Easy Eddie
Many Years ago, Al Capone virtually owned Chicago. Capone wasn’t
famous for anything heroic. He was notorious for enmeshing the windy
city in everything from bootlegged booze and prostitution to murder.
Capone had a lawyer nicknamed “Easy Eddie.” He was Capone’s lawyer
for a good reason. Eddie was very good! In fact, Eddie’s skill at
legal maneuvering kept Big Al out of jail for a long time.
To show his appreciation, Capone paid him very well.. Not only was the
money big, but Eddie got special dividends, as well. For instance, he
and his family occupied a fenced-in mansion with live-in help and all
of the conveniences of the day. The estate was so large that it
filled an entire Chicago City block.
Eddie lived the high life of the Chicago mob and gave little
consideration to the atrocity that went on around him.
Eddie did have one soft spot, however. He had a son that he loved
dearly. Eddie saw to it that his young son had clothes, cars, and a
good education. Nothing was withheld. Price was no object.
And, despite his involvement with organized crime, Eddie even tried to
teach him right from wrong. Eddie wanted his son to be a better man
than he was.
Yet, with all his wealth and influence, there were two things he
couldn’t give his son; he couldn’t pass on a good name or a good
example.
One day, Easy Eddie reached a difficult decision. Easy Eddie wanted
to rectify wrongs he had done.
He decided he would go to the authorities and tell the truth about
Al “Scarface” Capone, clean up his tarnished name, and offer his son
some resemblance of integrity. To do this, he would have to testify
against The Mob, and he knew that the cost would be great. So, he
testified.
Within the year, Easy Eddie’s life ended in a blaze of gunfire on a
lonely Chicago Street. But in his eyes, he had given his son the
greatest gift he had to offer, at the greatest price he could ever
pay.. Police removed from his pockets a rosary, a crucifix, a
religious medallion, and a poem clipped from a magazine.
The poem read:
“The clock of life is wound but once, and no man has the power to tell
just when the hands will stop, at late or early hour. Now is the only
time you own. Live, love, toil with a will. Place no faith in time.
For the clock may soon be still.”
Butch’ered
World War II produced many heroes. One such man was Lieutenant
Commander Butch O’Hare.
He was a fighter pilot assigned to the aircraft carrier Lexington in
the South Pacific.
One day his entire squadron was sent on a mission. After he was
airborne, he looked at his fuel gauge and realized that someone had
forgotten to top off his fuel tank.
He would not have enough fuel to complete his mission and get back to his ship.
His flight leader told him to return to the carrier. Reluctantly, he
dropped out of formation and headed back to the fleet.
As he was returning to the mother ship, he saw something that turned
his blood cold; a squadron of Japanese aircraft was speeding its way
toward the American-fleet.
The American fighters were gone on a sortie, and the fleet was all but
defenseless. He couldn’t reach his squadron and bring them back in
time to save the fleet. Nor could he warn the fleet of the
approaching danger. There was only one thing to do. He must somehow
divert them from the fleet.
Laying aside all thoughts of personal safety, he dove into the
formation of Japanese planes. Wing-mounted 50 caliber’s blazed as he
charged in, attacking one surprised enemy plane and then another.
Butch wove in and out of the now broken formation and fired at as many
planes as possible until all his ammunition was finally spent.
Undaunted, he continued the assault. He dove at the planes, trying to
clip a wing or tail in hopes of damaging as many enemy planes as
possible, rendering them unfit to fly.
Finally, the exasperated Japanese squadron took off in another direction.
Deeply relieved, Butch O’Hare and his tattered fighter limped back to
the carrier.
Upon arrival, he reported in and related the event surrounding his
return.. The film from the gun-camera mounted on his plane told the
tale. It showed the extent of Butch’s daring attempt to protect his
fleet. He had, in fact, destroyed five enemy aircraft. This took
place on February 20, 1942, and for that action Butch became the
Navy’s first Ace of W.W.II, and the first Naval Aviator to win the
Medal of Honor.
A Year later Butch was killed in aerial combat at the age of 29. His
hometown would not allow the memory of this WW II hero to fade, and
today, O’Hare airport in Chicago is named in tribute to the courage of
this great man.
So, the next time you find yourself at O’Hare International, give some
thought to visiting Butch’s memorial displaying his statue and his
Medal of Honor. It’s located between Terminals 1 and 2.
SO WHAT DO THESE TWO STORIES HAVE TO DO WITH EACH OTHER?
Butch O’Hare was “Easy Eddie’s” son.
The Man in the Mirror
For the past 33 years, I have looked in the mirror every morning and asked myself: ‘If today were the last day of my life,
would I want to do what I am about to do today?’ And whenever the answer has been ‘No’ for too many days in a row,
I know I need to change something. – Steve Jobs
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7:55 am E 58/62 support for now … 30 globex. a retest 75, then 80 stolen range. hope all had nice fathers day #EMWS 7:58 am E OTF looking at 62.75 channel ow.ly/rY3E30kyCRV Humpty Dumpty trade ow.ly/q4P330kyCUn
“hindsight is the mother of regret, that’s why snapchat was invented” #EMWS
but educated guessing and making decisions with incomplete information is a necessity if we are to make progress, then adjust the set of the sails as new information is discovered and added to the mix
1:49 E W forming 78/70 #EMWS trade what we see
Latest Blog post: Call 911 #EMWS ow.ly/4sxY30kyksd
Angels and Demons, being automated for #EMWS ow.ly/1rcs30kyj8e advised traders who still playing don’t trust breakouts from the consolidation range. High and Low likely in for the day
stolen range days are tough because both sides want too much during RTH ow.ly/OSxd30kyhtI #EMWS chart in play
7:46 Zeek 2775 is first resistance 7:54 E using 78 resistance behind zeek’s idea #EMWS two way day ow.ly/MCKA30ky4Jy protect profits if took convenient trade long
9:46 J L 2775.5 hg #EMWS advised conservative longs Paid for sure (PFS) by half gap
9:23 E sometimes we get longs pay up first then a slingshot other times it just starts long then wac a mole. conserve wait a few mins hit a bounce or two if we get them agg longs looking for oppty to scalp against the overnight trend. shorting deep in the hole is not a good edge
potential ending diagonal usually a good place to make sure paid if in trend short and deep in the hole ow.ly/tUay30kxVbz new low is sucker play that catches Charlie #EMWS 9:30 E careful of marginal lows at the open
8:18 E 62.75 is logical target #EMWS ow.ly/1gYE30kxTt5 so risk reward terrible for short, hit bounce
Latest Post: Commitment ow.ly/rvkH30kwTyN #EMWS Golden Anniversary Special Value available now
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