just received an important plea from a chicago trader, he asked that i share his unusual experiences in the hope that it might help other traders in the same unusual predicament as long as i maintain his identity anonymous and yes i will cure him.
his desperate pleading begins:
“Dear standard_and_poor I listen to your music every night on “slope after dark” an am an avid reader of your standardpoor.wordpress.com blog as well, although I am quite familiar with your elliott wave stance and am a proficient enough technical analyst I just can’t seem to build up the fortitude to buy long. Every where I look I see the signs of a looming disaster ahead, all I think about is shorting this market. I know it sounds crazy and I keep losing money, I just can’t get my self to buy long. Years ago I subscribed to a well know elliott wave newsletter as I was starting to trade, maybe that’s what started this disease that I am somehow plagued with or maybe it’s the sign of the times and I’ve been swept up by the same despair and sorrow like so many other traders who are losing money shorting the market… I don’t know, I just know that I need a cure fast.
I don’t want to end up a has been trader like so many of my friends who keep shorting the stock market have. I’ve tried staying away from bearish blogs but that hasn’t provided the remedy I seek. I’ve turned off the cable news and avoided the gloomy euro land crisis talking heads but to no avail. I’ve turned all my bearish charts upside down but I became dizzy and more confused.
A trader friend of mine said you provided him with some strange form of anecdote that some how relieved his suffering, that you’re some kind of “shaman” and can heal over the phone, like a tele-psychic I guess; he wouldn’t go into detail, because he said “your hopeless and that it wouldn’t work on me”. So here I am, S A V E ME!
When I was a young boy I had a rosy outlook, every thing was just peachy, glasses were half full and I was even class president in the eighth grade; damn it, what went wrong! Today I’m a loser trader who thinks he can predict world calamity in the next 12 months when I can’t even predict what color socks I’ll be wearing next morning.
In high school I became an angry young man, I hid my head in the sand, in college I used to be cruel to my woman – I kept her apart from the things that she loved. In marriage and suburbia I swiped my neighbors wall street journal although I stayed away from their wives. I know I’ve been bad but am willing to reform and do whatever it takes to shake off this monkey on my back that is trying it’s hardest to choke the little life I have left.
I don’t care much about my social or family life just help my shorting sickness. I’m lost out in the deep backwoods with out a compass.
Can you really help me? Can you? I look forward to hearing from you.”
(name and phone number deleted)
