Prince Charming Quotes

Reacting to the Market's Irrational Behavior

When markets behave in an irrational fashion, it is impossible to pick a bottom, or a top for that matter. Fundamentals do not work, and technicals do not either. Only emotions rule, and margin clerks. Remember, at the worst of the July mini-crash, here were some of the doomsday quotes: “Panic is not widespread”, “somebody big is going to default”, “the ECB has to buy the whole 1.6 trillion euro in Italian debt, and France’s 1.7 trillion, and…”, “I don’t see blood in the streets”, “this is 1987”.

For some unknown reason, the S&P chose 1120 as a triple bottom. In yesterday’s article , I asked whether anybody knew why. I have a reasonably large audience, but no one came forth. Which tells me the 1120 low was put in by nobody else than "the invisible hand". Scary.

What I try to do in these times is wipe out the tails, either up or down. On the way up, I would top the S&P at 1340, and on the way down I would stop it at 1190. The 50% retracement target becomes 1265 – my two cents, a 1260-1280 trading range. For the record, we are at 1205.

Now, don’t get me wrong, I am not saying I am in the pink-colored glass camp. There are lots of very good reasons why the doomsday scenario is not completely off the table. I am just an observer - sometimes I anticipate, sometimes I react. What I am observing is that despite news which would have been deleterious in a worried market, i.e. yesterday’s dire Empire State Manufacturing Survey , the S&P not only managed to close above the magic number of 1190 (see my previous articles), but the euro maintained its gains versus the dollar, at 1.444 on the September futures.

I don’t think today’s meeting between Prince Charming and Princess Fiona will yield much. Shrek may have won the battle with quite unfitting characters, but Trichet is not Adamson. The Ogress (nice ogress) won’t marry the Prince (he has a handful). Because this is televised and very public, I expect a statement to the effect of “it only took us a few bags of gold to calm the fears of the masses”, to mean “only” 22 billion euros to bring down Italian and Spanish rates, the ECB is doing fine. Hey, that’s a fact. We must take it into consideration. Maybe the ECB does not have to buy the whole European sovereign debt? Indeed, has anybody ever ventured this crazy idea: Should the Fed buy all of the debt issued by Treasury? Get a grip, really!

taylor swift quote about prince charming : chinese new year

To come around."

"When I was a little girl I used to read fairy tales. In fairy tales you meet Prince Charming and he’s everything you ever wanted. In fairy tales the bad guy is very easy to spot. The bad guy is always wearing a black cape so you always know who he is. Then you grow up and you realize that Prince Charming is not as easy to find as you thought. You realize the bad guy is not wearing a black cape and he’s not easy to spot; he’s really funny, and he makes you laugh, and he has perfect hair."

"Everybody has that point in their life where you hit a crossroads and you’ve had a bunch of bad days and there’s different ways you can deal with it and the way I dealt with it was I just turned completely to music."

taylor swift quote about prince charming

taylor swift quote about prince charming

"Real life is a funny thing you know. I think you should speak now."

"To me, “FEARLESS” is not the absence of fear. It’s not being completely unafraid. To me, FEARLESS is having fears. FEARLESS is having doubts. Lots of them. To me, FEARLESS is living in spite of those things that scare you to death. FEARLESS is falling madly in love again, even though you’ve been hurt before. FEARLESS is walking into your freshmen year of high school at fifteen. FEARLESS is getting back up and fighting for what you want over and over again… even though every time you’ve tried before, you’ve lost. It’s FEARLESS to have faith that someday things will change. FEARLESS is having the courage to say goodbye to someone who only hurts you, even if you can’t breathe without them. I think it’s FEARLESS to fall for your best friend, even though he’s in love with someone else. And when someone apologizes to you enough times for things they’ll never stop doing, I think it’s FEARLESS to stop believing them. It’s FEARLESS to say “you’re NOT sorry”, and walk away. I think loving someone despite what people think is FEARLESS. I think allowing yourself to cry on the bathroom floor is FEARLESS. Letting go is FEARLESS. Then, moving on and being alright…That’sFEARLESS too. But no matter what love throws at you, you have to believe in it. You have to believe in love stories and prince charmings and happily ever after. That’s why I write these songs. Because I think love is FEARLESS.

The prince

The prince of the house of David, or, Three years in the Holy City

The prince

Quality quotes

The prince