Daily market Comments - January 10, 2009  12:38 PM

The meaning of life, the Three Stooges, and the stock market

I was reading a book recently on how to write fiction.

One of the subchapter heads attracted my attention immediately. It was "The Meaning of Life and the Three Stooges."

How could you NOT stop what you're doing and read at least a few paragraphs with a heading like that?

Anyway, the author goes on to explain the difference between "tragedy" and "comedy" - basically claiming the distinction is that tragedy is a plot of the "body" and comedy is a plot of the "mind."

The author states that "A great comedic writer once said 'Dying is easy; comedy is hard.' Writing high drama is easy by comparison. No doubt about it, being funny is tough. The funniest line in the world can come off totally flat if told incorrectly."

Now, the "punch line" to this will come a little later, since it ties everything together quite well.

As far as the Three Stooges are concerned...

Some critics claim "slapstick" comedy doesn't really appeal to the mind. Take the physical humor of the Three Stooges. Not very intellectual, to be sure.

But next time you catch a Stooges movie or film clip -- take careful note of the types of people they throw the pies into the faces of. They are usually the "prim and proper matron, the mortgage banker, all those stiff-shirted characters we live with daily." (How many mortgage bankers would you like to see a pie in the face of TODAY?)

The Three Stooges comedy, albeit very physical... "lampoons society and its institutions." So there is a little mind-play going on there.

As far as the meaning of life...

Freud tried (unsuccessfully) to analyze humor and what it means to the human being, and to the "meaning of life." Also, again according to the author of the book... "A true comic novel, Anthony Burgess pointed out, was the one that had to do with people's recognition of their unimportance in the universe. Heady stuff for the Three Stooges."

So what does all this have to do with the stock market?

It involves the "punch line" I mentioned above.

In comedy, whether in live joke-telling or in print, and perhaps in the meaning of life itself...

Timing Is Everything!

And that's certainly true for the stock market as well.

Maybe you've always heard "you can't time the stock market." I used to believe that myself.

But once I intensely studied and began applying Japanese Candlesticks analysis (and am still learning new facets and nuances each and every day) to my investing and trading strategies, I quickly realized that market timing CAN be done, and can be done easily... using this 400+ year-old system. I can't imagine trading without it now.

Once you master Japanese Candlestick analysis (even the most basic aspects of it), market reversals (both tops, bottoms and continuations) will stick out like a sore thumb to you. You'll be able to TIME THE MARKET.

And remember... in life, comedy and the stock market...

Timing Is Everything!

In the stock market, that can apply on many different levels.

For instance, the charts of the major market indexes are not very encouraging right now. It seems the market is starting to respond negatively again on bad news, instead of sloughing it off like it was doing for a while.

But that does not mean there's no way to make major gains in the market, even when the Dow is down triple digits. I routinely find dozens of stocks up 30% and more each and every day. My Trade Your Way to Wealth Premium Members (Baffle / RSVP / ARM Play service -- soon to be renamed "The Stock Market Miracle Speculator Club") get a list of the "best of the best" of those stocks each day.

And I use Japanese Candlesticks to analyze these charts.

I found some SUPERB charts from Friday's analysis. My Members will get the list now.

And... one last time...

Timing Is Everything!