Jake Bernstein www.trade-futures - 2Chimps: Elliott & Jake

133 Pages·2012·7.44 MB·English

Jake Bernstein
ETS 15
www.jakebernstein.com

Setups-Triggers and Follow Through

Saturday 5 May 2012
Session 9 of 9

 January Breakout Grain and Soybean Complex: STATUS
British Pound: COT and cycle confluence

Revisiting the Peso with COT

Mad Cow – Cow laughs all the way to the bank

Daily Sentiment Index and Stocks Right Now

May Seasonals

A Few Current Trades

Friday-Monday Gold and Thursday Friday Euro FX

January Stocks breakout review and status


© 2012 by Jake Bernstein 800-678-5253 831-430-0600
All you need is ignorance and confidence
and the success is sure
Do the thing you fear most and the death of
fear is certain
Get your facts first, then you can distort
them as you please
Whenever you find yourself on the side of
the majority, it is time to pause and reflect
Mark Twain
My parting words of wisdom
“We learn little or nothing from normal behavior
either in life or in the markets. Abnormal
behavior is often a leading indicator of
change. Watch for the abnormal and give the
normal only passing attention”

Jake Bernstein
Worth reading
Read the interview on NPR

http://www.npr.org/2012/05/04/151378813/the-u-s-ambassador-

inside-hitlers-berlin
Salient points

Abnormal behavior was not seen at first

Why?

Abnormal behavior was finally seen and it became more severe

but it was ignored
The opportunity to preempt was lost and the cost was immense

in $ and lives
Lessons to be learned in trading

Do we still do that?

Statement from the captured documents of Bin Laden…”kill

Obama and Petraus but leave Biden alone…as is usually the
case in the United States he is unprepared to be President and
we will be able to do what we want”
Agenda for today
Jan Breakout Grain and Soybean Complex: STATUS

British Pound: COT and cycle confluence

Revisiting the Peso with COT

Mad Cow – Cow laughs all the way to the bank

Daily Sentiment Index and Stocks Right Now

April Seasonal Update: Spreads – Stocks – Futures

May Seasonal Preview

A Few Current Trades

Friday-Monday Gold and Thursday Friday Euro FX

January Stocks breakout review and status

What’s next?

How the mad cow can make you a happy

cow! Lessons learned from the news…
How it turned out

December 23, 2003: The country's first-ever case is IDed. The

news goes wide on Christmas Eve. The cow had been slaughtered
on December 9 in Washington State.
January 25, 2004: The Food and Drug Administration bans cow

parts
Mid-2004: Did the Bush administration cover up more cases of mad

cow? Let the conspiracy theories begin.
June, 2005: The USDA confirms a cow born in Texas is "the first

domestic case of the disease."
October 5, 2005: Per the Times: "The Food and Drug

Administration proposed new rules yesterday to prevent the spread
of mad cow disease by banning brains and spinal cords from older
cows in all animal feed
March 14, 2006: Alabama case

March 25, 2012: The Wall Street Journal reports "Beef prices have

climbed about 30% over the past two years and roughly 10% from
February 2011 to February 2012," and that steakhouses are feeling
the pinch. Coincidence?
April 24, 2012: Oops! Here's another one, this one in California.

12/23/03