The Harvest Is in.

This is a video taken by my Dad while me and my buddy J.B. were rolling down the hill to make those spuds pop up like bubbles. Apples of the earth or ground berries... Call it what you will. Now its time to go to market and "engage in commerce with our brethren" as Adam Smith would say.

I closed out STAR for a 75% profit today... still long GLD

STAR shined enough to get the attention of CSCO who made an M&A play for the issue for $35 per share. A nice piece of news to wake up to.

steel,nation

I didn't loose a close friend or family member in the tragedy that was 9-11-2001...

I will say that many people I care about and interact with on a daily basis did. I can't even tell you how many tear filled conversations I have had with associates; in and out of the business because of those evil deeds; and to greater extent the heroes who later keep deeds at bay

I do know this. "I LOVE NEW YORK" and I love the USA. Lets fight to keep it safe. I teach my kids all the time about how their daddy could have left for work one morning and could be gone forever.

My best friend is going back to Afghanistan this fall and I pray for him and his newly wed wife, I know he is out there taking the fight to the enemy, which in turn keeps us domestically safe.

GOD BLESS OUR TROOPS AND THE WAY OF LIFE THEY DEFEND- AMEN We Love our Armed services.

4 good trades and 1 great video: Its almost that time of year ...

currently long GLD STAR FUQI ARST

please enjoy the video

DONT FIGHT THE TAPE

Every time we find the stock market in an unexpected run to the up or downside and the pundits are wetting themselves with glee; Eventually some old relic from the crash of 1929 gets on the air and reminds us of the only important information a trader needs. Hence the old stand by quote for times of so called irrational market behavior... "DON'T FIGHT THE TAPE!!!"



The market is what it is! Standing by in unbelief never made a trader a dime. The market is not Mr. Spock. It doesn't have to act logically. Moreover it doesn't have a mind, let alone "a mind of its own." Prices on a ticker tape. You as a fortune teller have one of two methods for calling the market direction ( you can use history or you can guess at it) if you use the past, or "the tape"- go with the trend and make a profit we call it a win. Some traders use the latter method and still call it skill when they win. The day you let the tape tell you where stocks are headed, AND trade accordingly; you will finally start to get in on the right side for consistent returns.

New Watchlist Stock

In recessionary conditions many traders and investors will look to companies like Kellogg. Why? The first reason is that traditional sector rotation used by many money managers dictates that they should. Secondly, there are companies that produce goods that we the consumer wont give up. I.e. Food. Lets face reality, we all need it and you will give up the dream of a brand new car if it means the difference between feeding your kids and letting them starve.

I want to highlight (K) Kellogg for some additional reasons. First they pay a steady dividend, moreover the earnings per share are actually coming in higher than expectations. and perhaps most important The stock price has begun to establish new highs. As always the trade has to be right for you, so let your own rules dictate the actions you take.