Friday, December 21, 2012

To a great Twenty-Thirteen

Twitter, which I've used more and more often, left me no choice.
I needed more room to write a longer post here at these silly blog pages.

So 2012 was a fantastic year. I didn't write much here (or anywhere).

But... 2012 was great fun!
I made some friends in the markets. Some sent me e-mails, some were met through Twitter or the DeMark (which I'm learning...) Chat on Bloomberg.

The world is changing in terms of how people interact and build communities, etc.

Quite interesting to see a variety of people, from different backgrounds, managing different amounts of money, from different sources, in different markets and all of them exchanging information, charts, research pieces. An older, more experienced guy I know asked me "Why do you do that? What do you gain? Why do you write on twitter or on the blog?".

The answer is rather simple for me.
It costs me very little. Time? Yes. Exposure which can be negative if I am proven wrong? Well. Shit happens. Managing money was never supposed to be easy.
And the feedback is fun and useful. And the personal reward of getting to know some interesting characters is tremendous. It's fun.

For those who've made themselves present this year: let's rock and roll in 2013.
We live through very challenging times. I strongly believe it'll become even more challenging. Perhaps in 10 years! But helping each other out certainly pays. At least for the laughs!

Let me finish 2012 with wishes of health and fun for everybody. The rest is secondary.

So, to a kick-ass 2013.

Mute - Atrophied

*Disclaimer: charts and data are presented as I receive/see them. Sources are usually not checked for validation and my own calculations are of 'back of the envelope'-type. I am aware that some math that I do myself might be wrong and/or misleading to some extent. In financial markets the rate of change of economic data is often more important than the actual level and the perception of 'what is priced in' is more important than 'what is actually going to happen'. This is actually the way people pick entry and exit points. So... yes, sometimes you might say 'This guy is an idiot, this is way wrong!' with a high conviction, being right. Not to worry. Markets are made of expectations and the clash of conviction between its participants. Portfolio managers know that being an idiot is sometimes profitable and being smart is often a bad choice. It is all reality, sometimes good, sometimes bad. By the way: corrections to my analysis and intelligent debate is welcome. theintriguedtrader AT gmail do com