Lynn Blake

@mtaibbi WikiLeaks releasing hacked Democratic National Committee emails in July 2016.

For people who don’t think Russiagate was a hoax, let’s try a question - what was the incident that triggered the Trump-Russia investigation? What started it all?

@KipHenley 🖐️ Funky, cross-line right eye head tilt. Too skinny to be Andy Bean. Has to be Zinger. Bing! 🛎️

Hold yer hand up if you knew exactly who this was the second that posture popped up on your feed ! I didn’t need to see the swing go back to confirm it !

@mwebster1971 @monsterstocks1 @jontait @IBDinvestors Got it. Thanks, Mike. 🎓👍

@LynnBlakeGolf @monsterstocks1 @jontait @IBDinvestors He never said, but I interpreted them as levels of importance in Bill's mind.

A key metric for both buy and sell strategies that has been used for decades by top traders. From IBD this weekend.

@mwebster1971 @monsterstocks1 @jontait @IBDinvestors Mike, thanks for another insightful post. Re your Checklist: what do the percentages after the six header categories represent?

John, probably a serious TLDR answer but since you asked. The 21 ema came out of a study I did in the late 90s before I was a PM when I was in the WON research department. At the time, no one was using it (that I knew of) & Bill was/is a 50/200 day & 10/40 week only (sma) guy. And of course, there's that whole...if it's not in THE book you aren't supposed to use it thing (which is a huge deal at the firm). Even those using a 10 day were thought of as off the reservation & breaking rules🤣 Anyways, I like to have an open mind (fish tank thing) so I started by studying when I did well vs when I didn't & where was the market. I looked at everything I could...& found that if I was waiting for the 50 I was way too late & the 10 seemed way too fast. That told me the answer was somewhere in between...but wasn't sure where. Next, I did an optimized strategy in TradeStation to find what it said was the best moving average for Nasdaq Comp. From memory, I believe it was the 33 (not the 34) But studying the market & my trading, the 33 was still too slow. So I started looking at everything between 10 & 33. After a TON of work, I settled on the 21 ema. The ema was just a little quicker than the sma...& because I believe the 10, 50, 200 sma's work b/c of the self fulfilling prophecy thing if you know what I mean. People support them because they know that's where they should get support... Since I'd never heard or read about anyone using it (that I can remember), I didn't think the self fulfilling thing would be an issue so I went with the ema instead of the sma. Of course, it being a Fibonacci helped me break the tie between 20 and 22 (yes, I know Fibonacci isn't in the book either but I think there's something to it) But because it was sacrilegious to do anything that wasn't in THE book I kept it a secret...not kidding. FF to when I was a PM & sharing an office with Bill, I had the chance to go through ALL of his old stuff that they were going to put out in storage (which means likely forgotten & then thrown away)... That's when I found an old checklist (see below) he had for his PMs...most likely before I was born🤣 & it had "Is the Dow short-term positive or negative above below the 21 (sma)" WOW I think I jumped up when I read that! Oh man, this was my chance to actually use what I had studied for YEARS! I shared it with him, he didn't remember it...but we added it to his PC for a little while...but he didn't really need it & was taken off. But he never said it wasn't good...he simply just didn't need it IMO But since it was something he came up with before I was born...it was okay that it wasn't in THE book. That's all I needed...& unlike what many folks would do (think the Jim Simons type who keep their secrets to themselves & why he's worth $20 B LOL) I decided to be like my idol & share my secret with anyone who would listen! KARMA As soon as we'd come up with something good based on our research...he couldn't wait to share it with everyone...and try and help others. That's something I've always tried to do too. I told everyone I knew about it, then when I taught seminars with Bill I'd mention it on stage. Years later when Chuck, Justin & I created the Market School rules, it because a core part of it & something we studied a lot. I continue to be open to a better moving average for my style of trading...if I find one...I'll change...but like Bono, I still haven't found what I'm looking for;) I have to smile every time I see someone discussing the 21 ema...I see why Bollinger named the bands;) While I originally used it to figure out the health of the market (eventually using the low vs the 21...Webby RSI) I think its even more powerful on individual stocks...or at least as powerful. But obviously an entire Model Book move won't be contained within the 21...so for position trading you'd use it along with the 50 to manage the position. Sorry for the length...but this is the short version🤣, I hope it makes sense...if you find something better...go with it!

@KipHenley Congrats Grayson and Kipper! 😎🏆 pgatour.com/korn-ferry-tou…

Coolest trophy in the game for my man ! That thing weighs 45 pounds ! Thank you Simmons Bank for the unbelievably GREAT Caddie treatment this week ! The food was dynamite !

@KipHenley Kipper, If you like old-time radio, with just enough plot and action (in half-hour bites) to keep your attention and distract you from the day’s doldrums, try either of these. Or both. Happy listening! 🦻🤠🕵️‍♂️👍 podcasts.apple.com/us/podcast/gun… podcasts.apple.com/us/podcast/dra…

I got a real long haul. What are some good non-golf podcasts?

Sunday on Full Measure — A look into a little-known part of the border crisis: Stash Houses.

@brianfidler @Daniel_Rapaport All depends on your definition of “fun.” Hogan said fun was winning 10 and 8. Worked for him! 😎

@Daniel_Rapaport I noticed that yesterday. Tiger said it was all about having fun, yet his son looks miserable. I hope I’m just mistaking competitive focus as misery.

Charlie Woods hasn’t smiled in like an hour. Just hit a butter cut 4 iron to 4 feet and holed it from the back tees. Did not acknowledge any of the people yelling his name as he walked to the next tee. Tunnel vision. Apple, meet tree.

@rfahy99 Terrific. The pup is “in the mood!” 😂

I love this one !

@ManoliTrader @TLPrivate_ @tradingview @traderlion @RayTL_ @RichardMoglen @GregDuncan_ A possibility: SNOW is now in the Turbulence Zone, the characteristic end of the Institutional Due Diligence Phase, in prep for its major move, the Institutional Advance Phase. #The Life Cycle Trade

Quick little $STUDY on $SNOW since it had a nice day post earnings LOTS of #WinningCharacteristics in this one what did I miss? chart: @tradingview @traderlion 🦁 @TLPrivate_ @RayTL_ @RichardMoglen @GregDuncan_

@traderlion #Home" target="_blank" rel="nofollow noopener">share.icloud.com/photos/05xavoZ…

My attitude is that I always want to be better prepared than someone I’m competing against. The way I prepare myself is by doing my work each night. - Marty Schwartz

@TLPrivate_ On the sidelines, bags packed and ready to go, but for now . . . just sittin’, starin’, and rockin’. 🤔📈❔📉🧐

@traderlion Stan flagged DJIA 34,600 close as key level. Bear ahead if broken. Low today (9/10/21) 34,599.61. 😱 Close at 34,607.72. 😰

📢Big Announcement!📢 We are launching the TL Podcast 🎙️ 🔥Interviews w/ Wall Street Legends, Hedge Fund Managers & more! Our first guest is none other than Stan Weinstein, the author of Secrets to Profiting in Bull & Bear Markets. 👍Like & Retweet!🔂 youtu.be/FtAshnE3MwM

@Matthewwmickey1 @markminervini I meant “OverBOUGHT.” 😂

@Matthewwmickey1 @markminervini What does “OB” mean? For the golfer: “Out of bounds.” For the gynecologist and his pregnant patients: “Obstetrics.” For stock traders: “Oversold.” To each his or her own! 😂

In a bull market, those that sell OB conditions miss out of a huge run. In a bear market, those that buy OS conditions get clobbered. In a whipsaw market, trend and BO traders get whipped in and out. Knowing when to apply a technique is just as important as the technique itself.

@TLPrivate_ Mgt owns 26%. Float is 73% of shares outstanding. Short interest is 0.3 days, +146%. Pity the poor devils on the wrong side of this trade. 😩

@KipHenley Edit: The two TN Open titles were 15 years apart, not 29. 😔

@KipHenley Kipper—Your record in Tennessee golf championships says you worked plenty smart: TWO state open titles—‘82 and ‘97—29 years apart. FOUR PGA Section titles: '93, '94, '05, '10. Bookends 17 years apart (the last at age 50). Not too shabby for a two-planer from Crossville! 😎🏆

Check the scores after 2 rounds at the Tennessee State Open ! Wowzer ! Dudes are just better trained now than we were. They can’t work any harder than I did but they must be working smarter.

@jsolomonReports youtu.be/1zNdw4DaUM8 🥲

Secretary of State calls for Taiwan to take part in WHO’s World Health Assembly | Just The News justthenews.com/world/secretar…

@peitchy_T @TLPrivate_ Oops. Including the first page general market review, make that 5 sections! ☺️

@TLPrivate_ Forget where I found this quote but seems appropriate. "After a big day, trade the next day very light or not at all. If you let euphoria take over, you're dead."