The Daily Note - Top 100, Part V (81-100)

As I make my final picks for the last 20 of the top 100 songs I realize more and more how much I like music and how much I have yet to share. I could have increased my picks easily to 200 or more, but limits are like stops, and must stick to them. I am leaving many on the cutting room floor and debating about others leaving the final decision to the last. Like with trading often we see many opportunities but realistically we can only manage a few, and have to let go of those that don't fit into the day.

I share my music every day I trade and share about trading as my time allows. I thoroughly enjoy doing both that's why I have a trading room. I now know that I have many more days ahead when I can continue posting music to you. If I consider how many I may panic, like when seeing possibilities for trading. There are not only many tunes but many experiences to write about. So my journey will continue on this blog for as long as I have readers. I am looking forward to 2012 with a new optimism, blind at times and hopeful at others but without a positive outlook we will not make anything possible.

So here's hoping you'll join me in materializing the seeming impossible. Better put in Latin: "a posse ad esse " or "from being able to being" or " from being possible to being actual"

The phrase has been posted on my site for 2-3 months now and I've noticed that since I started posting that phrase on my charts, more and more traders are tweeting and speaking about creating the possible. So it is beginning to work already. I thank you for your time for following my blog and my posts about trading, music and life and I wish you a Happy New Year.

Wishing your all a continued prosperous journey in trading, living and dancing throughout 2012.

Anni

The Daily Pick - ©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - Top 100, Part IV (61-80)

Funny it doesn't get easier. The more involved with listening to the past the more it evokes memories from times gone by. I wonder if that is why we get stuck sometimes in the past and forget to look ahead. When we know and see what was we may look for it ahead, but if we do not leave the past we cannot make new memories. Well said by the saying that you cannot drive down the road while looking in the rear view mirror.

Many traders, especially when new, cannot leave what was in the last trade or better still what they missed in the past. Their focus is there and they miss what is available in the present. It's referred to as living in the now or in the moment. Each moment affords new opportunity and new memory making, but what we do often instead, is compare it to what was and if it does not match our memory we may dismiss it as unreal and feel that our hope is useless.

The truth however is that the past is no longer real and neither is our memory perfect, because we change it. But we cannot change our embedded experience therefore our fear or hope becomes real in the present.

So, since living in the past only reveals our fear or hope of the future, which is also unreal, the present is the only "real".  What we do with the present is opportunity missed or realized either repeating or breaking through to the new. Maybe that's why I like breakout plays the best.

Below is a list of the past, present and what will be my future so enjoy!

Happy Trading, Living and Dancing
and a Happy Joyous New Year!
Anni

The Daily Pick - Your Future
©DayTrading with Anni 2011 All Rights Reserved

the Daily Note - Top 100, Part III (40-60)

It's hard to imagine a world without song. I know that when all is said and done, we relate everything to some sort of music. We wake up to bird song, and go to bed to a lullaby. When we rejoice, we break out in song, when we're sad we also find a song for the memory.

I do not know of a culture where song, rhythm or dance did not play a part. We told tales in song, even news was delivered from town to town in a rhythmic ballad. So imagine a world cut off from it. I do not think we would thrive at all. I think we would shrivel within and without. So why listen to endless talk on TV, radio. Why not blast some music instead. I guarantee your outlook will change for the better.

I think that deep within ourselves we connect to the cosmos through the energy music produces, and the Universe resonates with all the music we play and sing. So as you listen the the next list try to imagine what it would be like if we could not break out in a tune. Would the world stop spinning? Somehow, I think, yes. Otherwise why would we seek it, remember it, sing along with it and cherish it? So open you ears, let the music in and let the emotion express through your own voice and dance.

Happy Trading, Living and Dancing
Anni


The Daily Pick - ©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - Top 100, Part II (21-40)

After the first 20 the next ones should be easy, right? Well not so fast, because the more I review the more I want to just replay them all. It's like some good trades when reviewed we want to roll with them again and again, recalling that sweet feeling when nothing can get us off the game.

I'm sure artist feel the same way. Certain performances are just better than others, and they know when their audience is with them. Likewise certain songs will recall feelings and evoke many moods sweet, sad or funny. But when everything links together with the heart, soul and mind is when everything clicks. I can only hope that the next 20 pick will satisfy the same with you..So, Enjoy

Happy Trading, Living and Dancing
Anni

***** The Daily Pick - NDX QQQ

©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - Top 100, The First 20

I have written and sent music out with my articles for most of the last four years on this blog. While I have covered much on the topic of trading, I have also covered much on the topic of music but perhaps in a much more subtle way. Much of the music I sent was via Grooveshark.com published on this site while many more I've sent out with my "Charts and Music" published on Blip.fm and Chart.ly

There have been so many moments in the last four years that have brought pleasure into my life on this blog, that I wondered what it would be like to pick the top 100 songs I've enjoyed sharing these past few years. So is born this "end of year reflection" published below and will be also shared on blip.fm for the next  five trading days of the week. I doubt if I can put them in perfect order, from last to first as favorites, but I'm sure some will stand out more than others, so here goes my top 100 with 20 per day. Enjoy and may the new year bring much joy and happiness into your life.

Happy Trading, Living and Dancing
and a Wonderful, Prosperous New Year!
Anni


The Daily Pick - DJIA Weekly Outlook


©DayTrading with Anni 2011 All Rights Reserved

A Yearly Note to Sing - Merry Christmas!!

Christmas is about people. It's about rejoicing in life that all of us share here presently on this earth. We all hopefully share these days with family, friends and special someones at favorite places.

Markets will be here forever but loved ones may not, so it's time to embrace these days, leave the trading desk behind, and enjoy the Holiday and Christmas with another worship in mind.

Time to kick up heels, celebrate with total joy, and wherever you are I hope you're in love because that is the best state of mind.  And don't forget to dance :)

Happy Holidays, Merry Christmas to ALL

Anni

©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - Merry Christmas Rallies

It's funny about confidence. People think it comes from others, when it's the courage of conviction from within. Whether that conviction is encouraged by others or not, it's your action that brings it forth. You cannot give confidence to someone unless they are ready to accept their own ability to create.

Rallies don't just happen. They are brought on by enthusiasm, positive outlook and confidence that the outcome will be better than what we have today. Likewise, your confidence builds with practice and belief that improvement will be the reward of the exercise.

A trader does not become better by just reading about trading. Traders need to exercise their skills through which they are also developing their confidence. There is just no substitution for this process; no short cut appeasement for trying. We can pat ourselves on the back, but the results are permanent therefore confidence seeks success for fuel. So be it full or empty, success is the measuring stick by which we gauge our progress. The better our trading skills, we experience more success and our confidence soars. In markets, we call it a rally where it's sustained for as long as the conditions continue to be strong.

So, rather than waiting for a rally, learn to create your own, then you can experience the joy of a Santa rally every day.



Happy Trading, Living and Dancing
and a Merry Christmas to Everyone
Anni


The Daily Pick - $DJIA



©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - Big News Moves

I usually talk about what to look for on the chart on my youtube forecast for the week but I don't talk in absolutes because it's impossible to predict news, moods, feds, traders. Trading has many probabilities and a surprising amount of possibilities. In fact it has endless possibilities as we have all witnessed on Wednesday. On Black Friday the market looked like death but from history we knew of a probability of a Christmas rally, knew that news was possible about EU situation, but still had no clue about what was coming.

Many have written on the subject of hindsight remorse and and point out, correctly, that it is impossible to forecast and that no one should blame themselves for missing the action on sudden news and moves. None of us can grab it unless we're on top of the information at the moment it happens and act fast. Since most of the news was from Europe and US trading was not open, it was nearly impossible to capitalize on the news and most of the gains were already realized by market open.

So what can you do when those kind of situations happen? You are thinking that surely there is a way you can gain something, even if it's just crumbs from the table. In my opinion, that's when you can best use the time to watch the tape, and increase your trading chances for the following day. On big news days, chances are that people over react. They over buy or over sell and often they over hold. Big news needs to settle and become accepted, once verified. It also needs to be analyzed and given time for the rest of the population to receive it. We often forget, because we are always connected to what it happening in the world, that most people only receive their news once a day, or even once a week.

Spending your time plotting your trades based on probabilities can get you ready for further moves once the digestion is complete.

There are two moves possible after a big news day:

1, The world likes and agrees with the news in which case markets will continue to gain or at least hold to higher levels of the move while digesting.

2, The world rejects, dislikes or needs to further analyze the news, in which case the markets will likely pullback some if not all of the gains and hold somewhere for further direction.

When preparing for these, look for laggards as well as leaders of the move and prepare for both possibilities above.

On Thursday, we had our answer the NDX opened and moved higher, while the DJIA held to the upper levels and for both, we were prepared. Using the philosophy we traded: laggards, AAPL, AMZN, BIDU and CF; holders OIH and GOLD; gainers GOOG, MA, into Friday.

So, next time you see a Big News Move, remember to think possibility and get ready for the action.




Happy Trading, Living and Dancing
Anni

The Daily Pick - DJIA Outlook



©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - I'll Have Some Rosé with That

It should be easy to find a topic that will provide insight about the moves of the markets. It was easy when it was "logical" or at least much more logical than today. I look at the futures and see 155+ points up in the positive. I read the world's leading news and it's reporting dismal outlook in the Euro Area, the IMF's commitment of more money down the drain, and of course the wonderful news that the US employment picture looking more like Europe's. Now, there is a reason to cheer! So what is this euphoria?

The only positive news is the record spending on Black Friday. Well now, that is going to save the economy, a one day spending binge ought to give enough of a shot in the arm that all will be well. Are people betting on doing better next year to pay back what they charged this year? Are they betting on better jobs, and increase in pay? Does anyone have a clue? I won't rule out that they instinctively know something. It is also true that we, as humans, want to hang on to the positive regardless of cost to our well being in the long term and it's often what is happening and what is being reflected in the markets. Any good news is good news and any bad news is temporary and fixable. The only problem with that thought, however, is that if it's so fixable, why haven't they already addressed and fixed it?

No matter how much they try to put a rosy light on the issue, you better accompany their explanation with a good bottle of Rosé to make it believable. There is a positive note in that: You'll end up feeling rosy regardless of the news and you may actually see some sense in what they write.

Recently, however, when looking and numerous charts there is one clearer picture; that being the fast sell off in the last 7 trading days. Relentless drops and unloads were happening and if we are going to have a rally from the Black Friday news, it may only be a temporary relief.

So rather than being logical about any of this, let's try some old fashioned "trade what you see not what you wish", which is exactly what you should be doing regardless of the futures numbers or the news.




Happy Trading, Living and Dancing
Anni


The Daily Pick - $DJIA Outlook


©DayTrading with Anni 2011 All Rights Reserved

A Special Note -A Special Thanksgiving Day

Each year here in the USA we have a special day unlike any other known anywhere else in the world. It is our unique holiday this giving thanks day. It is not only to give thanks for the abundance in our lives that God has blessed upon us, but also to commemorate the first Thanksgiving day celebrated by the Pilgrims, after overcoming hardships suffered by the first settlers from the old world to the new.

Thanks was given not only for survival but also for an abundant crop as well as new friendships formed with the Indians who helped the newcomers to settle in the new land.

I have something in common with those first settlers, as it was on Thanksgiving Day that my family arrived to this new land and was welcomed to settle in this our new country, the USA. Each year we give thanks for our new opportunity for a free life in this land, each year we remember how warmly we were welcomed, how much open help we received from people who knew nothing about us, but nonetheless gave us love and friendship.

We may grumble from day to day about the markets or conditions that we may find hard, but remember those who have overcome challenges much more difficult and smiled in the end. Also remember that, no matter how lucky you feel or how well you do, someone else helped in making your dreams come true.

So each and every day, and especially on Thanksgiving Day:
Give thanks for what you have, give thanks to those you know and don't forget to thank God.



Thanks to all my readers, followers and members!
Have a Happy and Abundant Thanksgiving Day
Anni

The Daily Pick -

©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - End of Year Watch

As trading goes, the end of the year is when positions are evaluated, losers are let go, winners kept and planning for the new year takes place. Tax planning is an important strategy often overlooked by the amateur trader but it's important now to evaluate your possible tax liability in order to take best advantage of saving. It is not true that loopholes are bad. What is true is that you only have to pay what you legally owe. So planning your tax is vitally important in order to keep the legal amount to a minimum.

Trading at this time period relaxes and is usually slow because many turn their attention toward holiday celebrations and family. Which also spells parties, travel and fun therefore it also means that people tend to lose their inhibitions as the winter solstice sets in. What would normally mean a pulling within, for many it's time to demonstrate goodwill, enjoy celebration of a good year and sharing abundance.

So as you look for traders at this time, traditionally many turn their attention to retail, travel and electronics and also credit which takes a seat along side of retail. Those who have not saved and wish they had will not hesitate to borrow when it comes to good will giving. Hence holiday shopping becomes important. Inventories are closely watched, and shopping malls and internet shopping sites are monitored for attendance daily.

You too, take a pause, reflect, review and plan the rest of your year. As a day, swing or short term trader, if you have reached your goal for the year, it is good to use this time to review your strategy, try out a new one, observe and study and plan your next year. It is also a good time for lessons, so why not take advantage of a few.




Happy Trading, Living and Dancing
Anni

The Daily Pick - $NDX


©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - OK Bernanke or "Dear Fed"

I haven't written before nor do I like listening to your Fed reports and I have successfully avoided it mostly because read enough to know what is happening and don't need your interpretation. Nor do I need to listen to the "probing" and droll questioning from the media. I am factitious, of course. But now that I listened attentively to both, I have this conclusion. Do you honestly believe people can do as you say while you work against them?

Let ME be clear. In your words, you advise people to manage their own "financial stability" also that there is a stable 2% inflation. 2% adjusted how? How do you account for food or energy costs rising by about 20%? Do you balance the 20% more people pay for food and energy with the 20% deflation of their net worth? (which for most is their homes if they can still pay the mortgages)  You're also saying that the unemployment will not improve nor the economy until about 2014 and that it's not your job to create jobs but the fed does its best to create them. Huh?  You acknowledge that the low interest rates do not help people yet you want them to save regardless of 0% returns, and on what remains in their pockets they should invest. OK I won't argue about investing, but let's face it; the growth and profits companies are able to post this year is without worry about rising health costs of Obama care or costs associated with hiring employees. In other words their profits  definitely include the fact that they have less employees and that it's not yet 2012.

 You also say that you and rest of commissioners are seeking ways to be more clear so you can be better understood by the public.

Should not be hard.  Take two coffee cans and demonstrate it thus: in can number 1,  put the money you receive and into can numnber 2  move the amount you owe to all the people you borrowed from. What is left in can #1? Nada, Nothing,  Rien, Nichts, Semmi, since Congress owes more than it takes in. So what do you do with the problem child who spends too much? You, the overseer & the regulator,  print fake money to keep it from whining.  And you keep filling up the can with more from where? Certainly not real funds earned. You fill it up with fake money that you can print without real accounting, to your heart's desire and call it "good."

On the other hand  us regular folks have to go out and earn those nothing dollars, you print, with our own ingenuity in order to survive. Why? There is no real value behind those printed dollars, almost 0% interest if we put it aside to be worth probably less in a year. Are you beginning to get the picture? The picture that became the problem before WWII?  The less a dollar's worth the less it can buy. No growth of money earned  will not solve the problem for the people and will not encourage savings or investing.

My guess is that you know all that but for some reason you stick to the idea that what was done in the 1930's was good despite evidence to the contrary that it actually created the hyper inflation in Europe, as it was worse there. People forget (if they ever studied it) that the depression then was worse in Europe then, just as it is now.  Get it yet? History repeats, man, history repeats no matter how you want to deny it.

Want to solve this one fast? Raise interest rates because that way people will earn something and will be more willing to save it in banks, which will free up the banks to lend, which will allow for investing and new production and hiring.  You know it right? If not what are you doing in your position in the first place?

Next, insist on bringing back the gold standard, not confiscate it like back in the '30s depression when the gold standard was dropped. Oh yes, that was really smart as we can see evidence of it today. Many confuse the issue but the gold standard was dropped in the 30's while silver backing was kept until Nixon took it off in the 1960's. End of any backing in currencies, be it Euro, Dollar, Yen or rocks, you have basically nothing valuable. You only have a say so on a promise that is seldom kept since we know what  it means when politicians promise, Right?

 So I ask you why are you taking us down the path of stagnation, deflation of earnings and production & price inflation? The math is much too complicated, many bugs in the system can mess things up and truth is harder to find when convoluted. So, which is purpose?

Happy Trading, Living and Dancing
Anni

©DayTrading with Anni 2011 All Rights Reserved

A Weekend Note - Come Fly with Me

Qantas grounded? I cannot imagine that a once great airline that others emulated would end up near bankruptcy. I cannot until I realize that Qantas is not the first one and probably will not be the last. At one time, Qantas was the airline to fly to the South Pacific islands of Fiji, New Zealand, then continue to Australia. They owned a building on San Francisco's Union Square and they one of the best airlines to fly for service.

What happened to service? Well, speaking domestically, it was one of the first things cut after deregulation, as competition heated up with lower and lower airfares. With no guaranteed fare structure and the need to keep in the air despite of rising fuel and parts prices as well as rising union packages for pilots and mechanics and ground crew. Internationally,  grand airlines subsidized by governments are no more. National airlines used to be the pride of nations and were used to attract tourists to their homelands: Swiss Air, Singapore Air, Pan Am, Qantas chief among them but alas, nations can no longer support themselves let alone subsidize airlines. Those airlines experienced competition for the first time, as nations allowed more international airlines to fly to their lands.

Deregulation was going to  bring needed competition for lower airfares and better routes, and of course it was going to take care of air service to less traveled routes. All of which was theory and now we can also argue  perhaps a failure. Airfares competed but service paid a dear price. Oil prices were not expected to rise to levels they are today and of course the contracts signed in the days of bounty have become a major burden. Hence aircraft are not as well maintained and of course service suffered and then got clobbered when security became the most important aspect of going anywhere.

Under regulation airfares were the same, nationally and internationally,  to destinations no matter who you flew. Therefore the only way to compete was .. well ... service. Airlines emphasized service as a way to attract customers, and tried to outdo each other with comfort, lounges, food and entertainment and it was not a cheap prospect.  Flying was expensive or shall we say more expensive than it is today when adjusting for inflation. Still, those who flew then and fly today miss it although well aware of the current selection of airlines competing for our dollar with service. Still, those who remember how it was before deregulation, feel it more keenly and nostalgia, for what it's worth, kicks in once again.

Come to think of it, the markets did a nice job of taking flight last week, see review and outlook below.

Happy Trading, Living and Flying
Anni

The Daily Pick -  DJIA

 ©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - It's Your Oyster

I am actually not sure where it got started. I know I've always talked of more than just markets, charts, setups and trades like anyone else. It was a way to connect with others who may have liked to do the same things. As the years passed I shared my love of music and dance and many other topics usually somehow tied to trading. Although my blog grew, it never really exploded with readers, but those who came for the most part stayed. I've wondered often how they found me, where even why, but it really didn't matter when it's gratifying just to be read. One story touches others, the reasons aren't as important as the connection.

Then came Twitter and StockTwits where everyone flocked for new ideas, quick help perhaps quick money. The exchange of trading information exploded. As it grew one did not know where to put the ideas for most exposure and most viewing. While one feels fresh and others stale, all the while I try to please it all. Impossible to say the least, but then, I was always one for trying the impossible task. Of course one does not always succeed and often in doing, one loses sight of the original idea: to write about trading and life and how they relate.

I've fallen out or away from that and now feel a bit lost in this dark wilderness, but I know it to be part of the circle, the spiral of growth. I know that despite the feeling of being lost, I am on a path of something I cannot leave or give up. I will come into the light again, like a friend told me. I have many readers in all areas, from all around the world and I appreciate you all. I will not abandon any one group or another, I may just need a bit of adjusting .. my attitude perhaps?

It feels sometimes like that in trading also. Especially when choices are a struggle or too many. Too many stocks to choose from can get one lost in the abundance, too few and one can feel a bit of fear about how it will go. Yet the truth is that for as long as I have been calling trades and sending out charts, the number of choices have always been "just right". Like the bears and Goldilocks found out, when one has no expectations whiles exploring, usually the world opens like an oyster revealing the best pearl.

I suppose that is the best attitude adjustment one can hold on to, image of beauty perfection like only nature can give. So, be it on a mountain or by the sea the oyster of abundance is always in front of us if we have the eyes to see.



Happy Trading, Living and Dancing
Anni
©Day Trading with Anni 2011, All rights reserved

The Daily Pick - DJIA


©Day Trading with Anni 2011, All rights reserved

The Daily Note - Fly Google Air

I posted a Pre-Market Charts and Music on StockTwits yesterday morning that basically stated that if it held above $550 during the day, it was possible that it would hit the top of the gap at $587: $GOOG http://stks.co/bVz. As Google progressed during the day it became more and more evident that the 555 would hold not just the 550. Did "someone" know something? Actually the evidence of leak can be pointed to when it started ramping in the final minutes of the day to $559, but by then, my earnings play strategy was published and ready for execution.

Usually GOOG reports right after the close, so there is no time for even a breath before the reaction occurs. In other words, you better be ready for the play, or sit it out. When deciding for the "long" play entry I felt there would be about a 4-5 point pop before the long execution would kick-in. I also tried to give it enough room to bounce in case it dropped first. But still I expected a more muted reaction on good news than it received. So the take off, despite of previous history, was a pleasant surprise. Like going from 0 to 60 in 10 you could say.

You could also say that I missed by grossly underestimating the targets on this Pre-Close Google Earning's Play setup.



We'll fly away:



So Google's got wings again. I wrote a few months back that I didn't think it would see 700 again. Well maybe now I'll rethink, but not so quick, friends, not so quick. Everything is in cycles and first we'll have to see if this cycle is just the beginning or a quick shot to the moon in the end.

Hope you had a pleasant flight,
B'bye
Anni ;)

Disclosure: We never hold stocks into earnings reports. Always start earnings plays from zero holdings (cash).

©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - Wall St. Protest, What's Your Rush?

On your way to join the crowds crying out to blame? hate? kill? big banks.. STOP a moment. Hear what you area saying! You are not talking about a building, institution and not even money. You are crying out against people. Yes, people. Human beings that you are calling out to die. But even if 1 or 10 of the people within those walls you hate deserve such a fate, have you for a moment though what you are really saying? STOP once again. PLEASE. You are also talking their violent death and talking of loss of many more in the mob thinking of such a justice. You speak out against hate crimes and hate speech.. is this not the same?

Why do we forget in our rush of judgement against an institution that the humans that make up that institution are mostly you and I. Yes, we all partake in banking and Wall Street no matter how we wish to deny it. Do you really want to kill it?

If you do, you are actually fulfilling their wishes. Playing straight into their hands. Mob demands, mob gets, mob rejoices but what is it that they really want? Death to Wall Street and death to BIG banks? In part, yes but that is not the end of it all. NO. What they are really after is a big enough demonstration, outrage and outcry to not only kill those institutions but given to increasing demands to make more regulations and to eventually nationalize it all.

Think of it! You want one big National bank? Total regulation on Wall Street? Do you really want EVERYTHING to be regulated by the government? Because that is what they are crying for underneath all the other signs of outrage. You have no idea what that means, you may have an inkling but no real idea and neither do all those protesters.


That those who are believers in Socialism are demanding such radical changes does not surprise me; but those who are investors in the markets and know what makes it tick? Well, frankly I'm dismayed. What part of freedom to negotiate your own salary and package have you forgotten? Haven't you ever negotiated your salary and exit package? Even if you applied only for a MacDonalds job you had a right to ask in pay for what you think you are worth. Why do you want to give it all away so easily? Is it because you have actually bought into the cry that you are being cheated? If so, you have yet to realize that you are not only cheating yourself, but also your future and your family. Because, yes, ultimately what you forget is your own responsibility and with it your choice to be who you are. Give that away to someone else to control and you have nothing.


History keeps repeating and many get angry for one reason or another about being dealt and unjust hand, but that is life. You're not the first or last to be cheated, embezzled of burnt. But unfortunately what happens it that the first in line gets whacked while the rest scurry into woodwork and conduct from there. The mob, sees nothing; sweat of anger diminishes vision and demanding steps they will later regret; they take up a cause they've yet to understand the consequences of. It is thus that Totalitarianism which rapes souls, takes hold.

If you do not believe that this so called simultaneous outrage is an organized movement, I suggest that you do some investigating. Look up history. You'll read the same outcries. Just substitute current title Imperialism then, Wall St. today. White Russian against Red Russian. The peasant cause that let everyone have a cow but not their middle class dreams. Suggest that you start reading fervently and listening to those who have experienced history with it for far longer perhaps than you've been alive.

Is it inevitable? I hope not. Will it happen? I hope not. I keep being positive about the American knowhow and belief that all of history is somehow in the genes by now of most who are living, yet when I see signs and articles that are totally thoughtless receiving accolades, I really wonder how much intelligence has already been undermined and eroded.

Come on everybody, Americans, it's been relatively easy for you until now, it's time to stand up and fight for your freedom and not for your burial. Start demanding that your government govern according to the Constitution as written. You want education? Study. You want honesty, demand it from the media, government and yourselves. You want free money? Pay for it with your taxes. You want representation? Demand it from your elected officials. Quit being cry-baby victims. No body can fool you unless you let them. So stop being jealous and greedy. Because in truth that's what stick in your craw with those golden parachute packages; It's more than you've got. Those that got more pay, asked and fought for it. Those that got ahead, worked for it. Face yourself in the mirror and and get some courage. Be another Steve Jobs, better yet, be yourself and then, no one and no bank, company or institution will be able to beat you down.



Keeping Happy Trading, Living and Dancing
Anni

The Daily Pick - DJIA outlook

©DayTrading with Anni 2011 All Rights Reserved

A Weekend Note - The Price We Pay

What price this stock, what price that one? We all would like to think that we pay less than what it's worth so we can reap the profits as prices rise to it's "true" worth. But as markets go, is it really worth the price we pay and the price we get? Who tells us so and what do they know that I do not?

The world is full of analysts who analyze and on their word many hang their trading decisions. Do we question their analysis even if we read them thoroughly? Do most of us bother reading them at all? I seriously doubt it. Lastly, do you do your own analysis of a stock's worth? What criteria do you use and what proof do you have that you are correct?

In our rush to be right, often we fail to realize that the price that we seek may be elusive at best and unrealistic at worst but somewhere in between is the true answer and that is what we pay or get.

Who amongst us has not chased a stock price? Who amongst us has not wished they had chased one? Reality is that the true value of a stock is what people pay and people get at any moment in time. That is the nature of free markets. We can argue endlessly about fundamental worth, p/e ratios, betas and book value, important as they are to those who put value on them, but when it comes to paying your moneys where do you really get in or get out?

These lessons are learned quicker by those who have been in business as merchants. It's nice to think we'll always get what we think something is worth, ahh but what if no one is willing to buy it at that price point? Is it still worth that price? Maybe to someone who is not in our reach, but that matters not, what matters is the fact that we have to sell our merchandise and buy fresh inventory in order to be open another day.

Think about all your purchases throughout your life. How much were you willing to pay for the latest toy, fashion, car, computer, cell phone, or iPod. Do you hold them to be at the same value today? Most likely not because value, in the end, is the price we are willing to pay and willing to receive.

So it goes and so it is that the markets are a true demonstration of what free competition is about and why PCLN, NFLX, AAPL, GOOG, BIDU all fetch what the market will bear from one moment to the next. It's also why one day you stand hours in line in order to be the first to own a product and settle for yard sale price for the same later.

The bottom line is that, in the markets, you are either playing or sitting it out which is the ultimate proof of what you think something is worth whether the world agrees with you or not. So in short, value is ever changing and ever evolving just like life.



Happy Trading, Living and Dancing
Anni

The Daily Pick - AAPL

©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - View of a PlayList

I was going to post another story about prices but today's action prompted me to share The PlayList as it is e-mailed out to members each day. The only change I made is adjusting SPY to long at 117 and short at 116 today when it became evident that the entries would not work without wreaking havoc.

I've been on a lookout for a day like today for what it seems like months now, but realistically as it inched nearer and nearer to the possibility. I've been sharing my view of the DJIA charts and positions and it is based on those charts that gaps and volatility can be gauged. Of course not always perfectly scripted, as I like to say, therefore there is a plan. It is following a plan that enables us to be comfortable in either cycle of the tape. We are in fact wearing a parachute in case the flying carpet is removed from under our butts in this ever evolving marketplace. So enjoy a rare free peak and thanks for reading and viewing.





Taking initial entries and maximum holds, today's action yields are as follows. These are based on ability to hold on to runs and exit on or near targets which is often a challenge for traders.



Happy Trading, Living and Dancing
Anni
©Day Trading with Anni 2011 All Rights Reserved

The Daily Note - The Right to Fail, Part II, Cycles

It has taken me a week to reflect on what I wrote in Part I of this article about Reed Hastings and NFLX in "The Right to Fail". I knew I had more to discover on the subject and more to express and as I went on a hunt through my mind about how it is we so often refuse to admit to failure especially since, on reflection, once we admit it, success begins to immediately flourish.

Recognition of something that does not work frees one to see another way. It also seems that the quicker we recognize the fact, the faster we are on the way toward another victory. Yet we seem to hold onto the hope that what does not work will somehow change its mind and start working if we only hang on for another little while; never "giving up", we say, while we apply every fix in our arsenal. But what if I told you that during that seeming indecision and endless hope, wait and prayer, we are already actually moving toward our next victory. What if we see that taking the time to apply our wits to fix, we are really working on success and it's perhaps what assures us success.

We know that all success stories have more forgotten failure stories, never written, and nobody says they have their failures to thank for their success, but shouldn't we? Doesn't success and failure go hand in hand and shouldn't it be given equal importance and weight?

I'll never forget watching my son learning to walk and I never thought I'd use it in an article. I actually wrote my observations down in a journal. To me it's burned into memory that each "failure" was met with another try and each try was met with success and a failure; and so the circle continued. Never was the joy wiped off my son's face or babbling stopped and there was no cry, just determination. In other words, each cycle was the same. Success and failure were both learning experiences of equal weight, without judgement of one or the other.

Perhaps we all have something to learn from that memory of ours as I'm sure we all had the experience of learning to walk. We automatically learn and apply adjustment to the next step as we fail; it's built into us. We're born with it all: ability to adjust, analyze and apply at the same time. Perhaps we need to reflect on that, somewhere along the way, we let someone else judge our success, and perhaps it's time to release that which misguided us and experience once again the joy that the cycle of failure and success brings. As we accept this cycle, the spiral of success expands and we need less of one in order for the other to continue, but we never really let go of failure 100% even in walking. Think of it next time you stumble or trip.

This is the concept that I teach in my trading. To put equal weight on both. Not to admonish oneself for the lack rather than to learn and move forward into the next trade with equal enthusiasm for the possible success. Realizing that if you cannot accept your failed trades with equal gratitude as your winning ones, you will fail more often. So, keep trying baby, keep on trading with joy!



Happy Trading, Living and Walking
Anni
©2011 All Rights Reserved

The Daily Pick - DJIA if you haven't heard it, perhaps you should

©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - The Right to Fail

Everyone has the right to fail. Failure is an essential part of growth and it is as natural as rain. I remembered that as I watched the video by Reed Hastings, CEO of Netflix. On the face of it, just the name "Qwikster" is wrought with problems, one of which the spelling. I went to by browser search and from memory I entered the company name. Unintentionally I misspelled the name by adding a "c" before "k" "qwickster" which prompted my search to ask if I meant "Quickster", taking me to an odd site with a twist on Spongebob Squarepants. It will result in not only guffaws but horrible results for searchers wishing to give an honest try to this Netflix offshoot.

Netflix is a brand that was understood easily .. "Net" meaning Internet and "Flix" meaning Movies an old slang for the term with a slight different spelling. But how are we to relate to Qwikster? Does it bring visions of smooth, fast, high quality streaming of games and movies? I cannot relate it to either. I can imagine the problem of finding a good name equivalent to Netflix, but in the least one must ask why change something that people already identify with.

If it is, as Reed Hastings says and I believe he's absolutely correct, that the streaming of games and movies is the future, then why not keep the brand name at least in part for the new company. Something with "flix" or "net" in it. "Netquix" "Myflix" "NetMyFlix" immediately come to mind. (But before I go on, be forewarned if you are tempted to rip off my ideas once reading this.)

The stream is full of frankly thoughtless criticism and some dumb remarks of one type or another but mainly about how he apologized because he lost billions. For one, Reed Hasting will not have lost billions yet but his investors have. Yes, anyone and their children who invested in his success. Further, it may be his reputation that is also lost which will make it more difficult for him to succeed in his next venture. But before you laugh hysterically, remember Steve Jobs. He too failed and was criticized: "NEXT"!

I have no idea what Reed Hastings was thinking as I believe that no person who has ever started a company goes into it with the thought that he will make billions in the first place. They start because of an idea that they want to see succeed. How much, is far away from the initial concept. It's been proven over and over again that true entrepreneurs put all of themselves into their concept out of love and it's because of that why they also have every right to destroy their creation as well. Would they do it intentionally, I doubt it, but their vision which started the concept, will have to be the one to develop it further.

Will his original fans be on board the new venture, one never knows. Individual investors will have to decide if Reed Hastings a "one trick pony" as is their right to do; but who amongst us has not taken the wrong fork in the road? And who amongst us large or small, has not in some way learned from that adventure only to come to a new horizon?

So,if Qwikster were to fail, will Reed Hastings be a failure? Somehow, I don't think so because people who have succeeded once know they can do it again. He will only take his place amongst the many who have failed, to possibly rise again. Keep it in mind as you read the "social" comments and articles full of criticism of this man's new concept, I ask of them, as I ask myself, when is the last time that we have tried enough to fail?... (to be continued)




Happy Trading, Living and Dancing
Anni
©2011 All Rights Reserved


The Daily Pick - NFLX

©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - Netflix? $NFLX !

Current, Outlook and some History



Happy Trading, Living and Streaming
Anni

©DayTrading with Anni 2011 All Rights Reserved

The Daily Note - Euro on the Dance Floor

So now Euro is saved. Monday, when I started writing this article it went like this: So the Euro is again on the brink of collapse, OH NO, change of news, saved again. Greece threatens to default nay, be saved once more and we, little folk, again have to grind our teeth in worry, or wait it's saved so grin with elation, grind in worry, grin in elation as the news keeps spinning round and round. If ever there was an orchestra out of tune, playing music while the dancers on the floor try to dance as if the tune had a tempo, this is it. Are we to dance fast to slow or slow to fast? What steps go with inept what can the dancers do to be heard by a conductor who's convinced it's the dancers who are uncoordinated? The fact that the orchestra cannot play coherently any longer is beyond anyone's acceptance. And, once more we have to ask the question, who is the conductor in this? Is is Germany, is it France are they all in it together?

Here are a few unvoiced "facts". The EU created what it's stepping in now by forcing the new entry countries to borrow from the EU in order for their own old currencies to become stronger. Only by meeting certain criteria by a certain deadline could the countries qualify for entrance into the fold. The countries in question were mostly former Soviet block and countries struggling to make it in this new western world and wished desperately to be accepted politically and nationally into the "free" world. Many of the former Soviet block nations were eager to join Europe for protection also which is a topic for another article but in short, by doing so, they created a false value for the EU. Remember when the Euro was strong? It was the result of the false value, as countries borrowed, they brought in "strength" in outlook of the interest rates to be collected on those loans.

Trouble is the other "fact" that played into this mess seldom mentioned is that those nations that borrowed also had to start selling assets in order to stay solvent and as foreign companies saw opportunity, it was not that hard to do. But by doing so, they sold off their ability to grow domestic products. The much needed the capital was for building long neglected infrastructures and to modernize companies which were not updated during the socialist/Soviet years. (An example about how well socialism works.

It is perhaps the easier to explain if you think of it in the same vain as what happened in USA with the housing market. When people were sold on the thought that in order to become prosperous, all they had to do is borrow and buy a house and with added emphasis that they should be able to borow and qualify for housing loan no matter what level of income they had. The housing inflation that ensued starting mid to late 1990's was the result and as more speculators jumped in, the bubble developed, the ponzi scheme grew. Well, you know the rest; when people cannot pay back loans, the house of cards collapses literally.

So, in summary, in order to join the EU, countries had to borrow to make their weak currencies strong and then when the currency started pouring in and become available, people were feeling a new found prosperity and they spent as promises of more followed but so did inflation with as much as 30% in some countries. It becomes impossible to collect enough revenue in order to pay off loans under those circumstances. So more money lent/borrowed/thrown into the economy. On the one hand people get used to prosperity, and the promise of more easy living and on the other hand, they see the value of what they have eroding. A bad arrangement for playing by any orchestra.

Finally adding to the problem is the Socialist mentality that is prevalent throughout Europe. People of the former Soviet bloc were not yet weened off the idea that Government should be their caretaker and since most of Europe is of like mind, it is not hard to imagine how the people will react when threatened by the loss of that "security". Socialist Democracy still relies of the Government to run the roost making it almost impossible to become independent and truly prosperous for the long run.

So, where will it end? Ultimately what worries me is the very thing that is happening which is the formation of another central bank. Just another layer growing on a stinking onion. In other words another ruling class functioning on the "needs" of the many. Artificiality continues, reality is hidden, collapse is inevitable. Therefore the ultimate question is: in whose lifetime will the orchestra finally stop playing? Shall we dance?



Happy Trading, Living and Dancing
Anni



The Daily Pick - DJIA

©DayTrading with Anni 2010 All Rights Reserved

The Daily Note - When in Doubt, Don't Dance

The best way to handle days that are confusing is to just watch. The players are playing but unless the music has a steady tempo, just listen. Dancing become impossible to a mixed up beat. The drummer may be out of sync, the lead violin may be out of tune and the orchestra may not be able to read music. Matters not what the reason is, if you jump on the dance floor, it's likely you will have sore toes.

Of course, the time spent watching is not without work. It is to help you see the possible moves coming up. Watch for trading ranges, patterns to set up. See if they become cohesive and become coordinated with a direction, if so, you can start planning your next dance.

Then, be sure to let the rhythm guide your trades, do not force the trade if it does not look right. There is no shame in sitting a dance out, and there is no shame in that if you find yourself on the floor and the timing is off, to gracefully walk off. In order for your trades to go well, you need to feel it, picture it, before you play it.




Happy Trading, Living and Dancing
Anni

The Daily Pick - BIG


©DayTrading with Anni 2011 All Rights Reserved

The Weekend Note - The Reluctant Trader

This is a reprint of an article written and published by me on February 8, 2008. No changes have been made except the addition of music. Anni

THE RELUCTANT TRADER


Ok so you may think this is about you. Don't you? A familiar tune? Surprise! It's about all of us. We all have days when we are reluctant. Everything shows up just fine all systems go yet we hold back. What's happening? What stops us from entering a trade?

I find that for me it's when I am not "upbeat"; my mood is lacking a certain "oomph". A positive note, figuratively and literally. It's when I don't listen to music, it's when I am too much into myself and listening to the old tapes; the ones inside my head. You know the ones, those negative critics we all have inside of us. Don't deny it you do too.

So what brings out the critic, that negative soul which loves to bring us down from a cloud! Is it a bad memory, is it the last bad trade, is it the news? Or is it something so ancient that we cannot quite find its origins; so familiar it becomes a security blanket of sort, a comfortable place of being because after all, if we are convinced that what we'll do will have a negative result, it's best to do nothing. So NOT entering a trade becomes positive or the right thing to do and that's where we get stuck and where the battle is fought.

Like with a Chinese puzzle the more we battle the more we get stuck. The battle so strong that it wears one out as well as wears one down. Negative thoughts build up fear which is a powerful force; so strong that many get paralyzed in it's grip and our critic uses fear well because it uses past mistakes to prove it's point. It becomes extraordinarily hard to find a positive note and if one is presented, it has to be proven inconsequential because when a position is taken, it has to be defended.

That is until I realize that I'm too busy fighting battle instead of thinking how wonderful it is that I have such a critic inside which looks out for my safety. My negative tapes stop playing real quickly when I stop the battle and acknowledge their validity in my life. I don't know about your critic but mine likes that compliment and feeling that it has accomplished its job, fades away letting me go on with living. It's because it's not the battle but life's flow which we seek, so acceptance of ourselves brings us back to the present where action can take place.

What happens after is in itself extraordinary. I notice sunshine, blue skies, and all of a sudden recognize familiar patterns on charts that have proven positive before and almost without effort, the trained eye hand coordination moves in for the kill. Rhythm back, what else is there to do but dance? So, I turn on the music.

©AnniV Originally Published on 2/6/2008



Happy Trading, Living and Dancing
Anni


The Daily Pick - DJIA


©DayTrading with Anni 2011 All Rights Reserved

A Weekend Note - Clearing Cobwebs of Indecision

I received the following letter recently from a reader and though I usually answer letters privately I felt that this question merited a public answer, as I know it's a struggle that troubles many traders and I was no exception.

Message*: Been reading your posts via Kirk Report. Your last several have been quite thought provoking. Stopped trading a month ago and have been doing some introspection regarding my trading abilities and lack of ability. Yesterday's post had a remark beginning with "growing cobwebs of indecision --- inevitable further loss." Your words nail the part of my trading self that really scares me as I do not see how to get past it. Really trying to figure out if in truth I can be any different when facing the screen than I have been recently. Thank you for putting into words what I am struggling with. Have you dealt with this? If so, how did you get past this. To note, I have a trading plan, rules etc. They turn to mush in movement of the day. J

Dear J,
First I wish to thank you for such honest introspection and thoughtful question as well as for your courage write about your struggle. Trading will bring us face to face with ourselves at the most inconvenient of times and what you are going through is exactly as you have recognized, a fear. Cobwebs of indecision set in when we have a fear of loss.

Most of us for one reason or another have trouble accepting loss. We are taught from an early age that losing anyone or anything is negative and it is usually associated with something we've done "wrong". Therefore our emotions are tied to loss on a very personal level. We all go through pangs of pain when a loss occurs, but the how long it takes to get over a loss depends on how much value we have put on the object or relationship we have lost. So, first I'd like to encourage you to list the losses you have suffered, or would hate to lose and put them in order of importance viewed from your feelings and not from what society may dictate.

Once your list is finished, you may recognize that your fears are stronger about losses you feel you don't have a chance to recover. We usually put money irrationally high on the list if not directly, indirectly by putting the most valuable items of our possessions there. But there is another reason; money is also closely tied to how we feel about ourselves. It's no wonder that money is so high on the list of what people want out of life.

Nothing brings this fear closer to scrutiny than trading. Trading allows for no mistakes and we learn that lesson very fast, therefore as we are suffering a loss by watching the price go opposite our position in a trade, the cobwebs of indecision set in, we lose muscle movement; the signals from the brain are so confusing that we cannot act or react. Also often, if we do get a jolt back to life we may act irrationally which makes the next experience even worse.

The ability to break out of this pattern is in all of us, yet it is not emphasized enough so it is not recognized easily when we are so entrenched in the fear of loss. What I am speaking of is that loss creates opportunity and we actually know it instinctively but in a frozen state of mind it's hard to act on. We know that loss is not a bad thing because it makes room for something new. This is reinforced everywhere in nature. Look around in nature without flowers dying we'd have no new blooms, without winter, no spring. Without loss of home, car, job or wallet; no lessons. Loss, when accepted, sets us into motion to do something that we may have not done before and we learn from each experience.

Trading through this struggle we find the solution to be in the action, not reaction or non-action. Remember that a body in motion tends to stay in motion, so if you practice what you have planned with each trade, the motion becomes fluid and natural and cannot freeze. Put your plan on automatic, in other words, set the stop loss order and profit order once you are in on a trade. The action forces discipline and reinforces trust. The more you experience that your planned strategy and rules work, the more trust you will place in them and consequently the more confidence you will gain in your ability to trade well.




Happy Trading, Living and Dancing
Anni



The Daily Pick - $DJIA SPX $DJT


©DayTrading with Anni 2011 All Rights Reserved