About assumptions

Happy 4th of July everybody,

I know, I know...why on earth should I make a call like the one I did on past Friday at dastrostockmarket.com about selling all my SPY calls at 2:55 pm and buying puts other than for a strong urge from my little narcissism just to bask in the glory for a few hours/couple days?

( By the way the s&p hit a glass ceiling at 2:59. One hour later charged again and surpassed it for only seven minutes and up to now that movement was stopped in it's tracks, it's still down).

Gratification to my retarded ego and patting him in the back could be read as part of it, indeed, but the true relevant parts in my call were:

a)Telling what I see like in a mechanical way, as a way to learn to trust what I see no matter my opinion or how ridiculous it could be seen. It's a way to corner emotional impulses out of the picture.Putting it in the open forces me to do my best because my ego is very very worried with my propensity to make calls due to the risk of being seen as just plain stupid.

So I let him enjoy the moment but showing him who's in charge, he can take the credits, but he can not force me to not do something just for vanity or fear.

b) Giving credit to Astrology for pointing something that in my experience I never was able to reach in any other way. And showing that some kind of force, energy, influence or fractal representation really exists despite not being able to see it or touch it. Otherwise it would have been imposible to try to time the equity market.

And here we get to the meat of this post:

It is said that Goebbels (ministry of information in nazi Germany) said

"... follow the principle that when one lies, one should lie big, and stick to it. They keep up their lies, even at the risk of looking ridiculous"

Well the big lie is that nobody can time the market, is just delusional, something not possible. Of course that lie is designed to just make people throw their arms give up and don't keep trying.

How convenient! and how this translates to the day to day market operations?

Well, if the majority of people end up believing that lie, they tend to assume that the best they can get from the market is staying in, like f***king forever; because it's imposible to time that thing right? And who benefits from this false assumption?

Big guns, that knowing that if people keep participating in the market but only in a passive way they become just mere providers of liquidity to allow the big guns to get in and out without even breaking a swet.

Brainwashing people is always the first step to render them incapable of mounting a defense.

So whenever you hear or read that big lie please, just mount a good defense.



I'm going to wait till after 2:30 to decide about selling my SPY puts. Of course unless everything is going parabolic off the bat in the morning. Thursday and Friday are the days that are going to tell me if the correction is over, at least for the next 4-5 weeks.

Dan