
actio-et-reactio
Balance is but a brief transition between extremes.
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Monday, January 03, 2005
some days it's all about statistics
The simple "Average Monday during the last 440 days" predicted the 10am high and 3:30 low (there were 90 Mondays in the sample). The herd likes to run in their rut. Uncanny how predictable so much of the market action is, yet how the "crack in the cosmic egg" (at a very mundane level) is the wrench in the works. Is it any wonder survivor-traders emphasize having and playing your edge, but with the safety net of money management (stop, size, etc).
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At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
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