Monday, May 23, 2011

Win at all costs ... really???



Hello Traders!

Here is my youngest son playing catcher on my oldest son's team. He got called up to help out his brother's team because they are down two players from his team. One has an index finger that is healing due to an accident, and another boy broke his wrist.

He went 2 for 4 on this day ... and my oldest went 4 for 4 ... in an 8 to 5 loss to a very good hard fought baseball game. Way to go ... Sean and Brennan!

I am so proud of them both ... with that being said ... I am a very competitive person by nature.

So here is my question ... if you are in an instructional coach pitch league should other teams stack one team with "A" players to dismantle other teams?

Our latest game we had tonight they lost 10 to 0 and unfortunately had little if any chance to compete against a team loaded with older ballplayers. They returned 9 from last year's team. The other team in this group is made up of very young ballplayers and was not any challenge to play against ...

Our league divides it's talent at the 7 and 8 year old level so teams are basically "balanced" to some degree or another ... with the exception being coaching.

I will admit that the team we played tonight was a well coached team and played very well together ... in fact I think they could have beaten some 9 and 10 year old teams with this hand picked team they played against ...

Being a proud dad of my boys, it is hard to watch them play against a team they had little chance of winning against at what should be an instructional level of play. Also, as a dad, it is hard for me to remain silent to see the total lack of respect our team was shown ...

What does it teach youngsters at this age ... winning is everything at the age of 7 and 8? It this the way of the world ... that we have to instill that form of thinking to our children?

I think it is a crying shame to place so much emphasis on winning at such a young age ... our school has 3 teams and we have them equally divided so that all kids get the chance to play at various positions.

The team we played against tonight had 11 players ... 9 of which were A and B players, with 2 C players on the team ... I suppose that I would like for the kids to retain their youth for as long as they can and not to have that winner takes all at such a young age ...

You are only young for such a short time of your life ... and I do believe there comes a time when you place your best players on the field to try to dominate other school systems for the bragging rights ... but is it necessary to do so at the instructional coach pitch level?

Thank God for the 5 run rule tonight per inning or we might still be playing that game right now! I think it is a shame that some school systems (programs) but the emphasis on winning at such a young age ... when we should be doing our best to get more youth involved ... all we do is isolate at a young age looking for the future all-stars ... heck I was an all-star myself and a pretty good baseball player for my time ...

But I don't remember it being so competitive win at all cost at such a young age ...

I suppose one of my many faults is having Irish blood in me and a hot temper ... I know that I would be an excellent coach at an older age when you try to stomp on the other team and then kick them when they are down ... but is it necessary to instill this behavior on our children at such a young age?

All they see from their "dad" is a hot head that loses his temper occasionally ... I do my best to remain silent ... but it is so hard to do so when the game is stacked against the boys ... life is hard enough as it is ... why do we want to introduce this to them ... let them remain boys full of fun, and good times for as long as they can ...

Our youth is over way to fast ... the "glory days" are over before they begin ... why ... well we all know the why ... with all the money being thrown at these players and the various leagues to play in ...

I suppose I am a dreamer to think that the game should be fun ... sure winning is fun ... but should it be all or nothing at such a young age? I am of the opinion to teach and continue to teach the fundamentals of the game divide up the talent at the younger youth levels and let the best team win ...

In other words, place only so many A players, B players, and C players on each team across the league to make it a fair competition at the younger levels ... there is plenty of time to get competitive as they grow older in age ...

My 2 cents on the subject ... I am a very proud dad of my boys and fierce in my devotion to them ... to see the deck stack against them at such a young age simply makes my blood boil.


David

Gas prices should be headed down - Commodities - Futures Magazine

Gas prices should be headed down - Commodities - Futures Magazine

Monday, April 25, 2011

Don't Blame the Speculators ...

FYI ...

President Obama declared that there is no silver bullet for rising gasoline prices. What he can do of course is waste tax payer's money, slander and investigate speculators that have carried the risk of the global economy on their backs while keeping the markets functioning.
Why are oil speculators being singled out when every commodity on the globe (except for our abundantly supplied natural gas market) is exploding? If energy speculators are to blame for running up prices, then why then are they leaving natural gas alone? Perhaps it is because we have plenty of supply and it is a domestically traded market that is less susceptible to the value of the dollar overseas.

Yet the president does have a magic bullet to bring down prices. It is called the budget. If President Obama can get spending under control, then the value of the dollar would increase and the price of oil would fall. Just look at what happened to the price of oil and the value of the dollar when Standards & Poor's lowered the outlook on U.S. debt. The day of the downgrade on the U.S. outlook on April 18, 2011, the June dollar index hit a high of approximately 76.05 before it retreated ignominiously to a low of around 73.93 on April 22, 2011. The price of oil hit a low of approximately 106.54 on the day of the downgrade and now has surged to as high as the 113.07 area overnight.

Deficits do matter and they cost all of us. The other silver bullet for gas prices remain with the Federal Reserve. The Federal Reserve with QE2 has dramatically increased the price of oil. In August of 2010 oil was as low as approximately 70.76 and now, as the QE2 comes to a close, we see oil hitting about $113.00 a barrel. QE2 drove investment and demand in the emerging markets. The price of Brent crude in august of 2010 was as low as approximately 74.64 and now has soared trading as high as around s$127 plus. In his historic Fed press conference this week, Ben Bernanke will have to explain why this has happened. My bet is that he won't have a good answer.



Full Article:


Good Trading,

David "Tiger" Knight

Sunday, April 17, 2011

Where is Barney Frank on this?




Let's play a game of where's Waldo? Can anyone find Barney Frank at the WSOP? Seriously, folks enough is enough! Quit and Stop the Insanity! I don't much care for Barney Frank, but I would sit at the same table and play Poker with him.


David

Are people simply IGNORANT?

To the People of the USA,

If you believe that the Internet Poker Industry is illegal, then so is Social Security!

Social Security should be banned right now, because it is the biggest illegal PONZI scheme of all PONZI schemes going.

Let's see ... if there are more people retiring than people to pay them ... hmmm ... sounds like the government plan to bankrupt us to oblivion to me!

Prohibition ... did that work in the 20's? AH, NO!

Should they tax Pot and Internet Poker Websites?

If the so called "sin" taxes of Cigarettes, Tobacco, Alcohol, etc ... would it make sense to collect revenue in places that people are already doing it anyway.

Now, I am not saying that if it is harmful to a person ... for instance ... if someone decides to hire someone out to kill somebody ... then should that be taxed ... seriously ... get a life!

No, I am not saying that a crime is still a crime. On the other hand, if states have already accepted casino's into their states, then the next logical step would be to legalize it "internet" and then make some money from it.

Perhaps, it might save a job or two ... or better yet ... might save someone's reelection campaign by showing how much money they brought in to the state!

Seriously, why are people so blind! When the answer stands clearly in front of them ... take off your holy than thou rose colored glasses and stop being an idiot! Even Jesus himself told the first person without sin should cast the first stone ... what happened then?

No one threw a stone because guess what ... we are all guilty. Face it ... we all have our "hidden sins" that we have to pray for every day ... stop being a hypocrite! Take the thorn from your own eye out!

David

Some Statistics about Poker Players ...

Statistics about Poker in the U.S.

from Topline Findings: “The Topline Findings shown below are examples from an earlier study conducted in January 2007 which was based, as are all our surveys, on a representative sample of over 13,000 regular poker players playing at least once a month across the U.S., Canada and Western Europe.”

OVERALL
  • 40 million people play poker regularly (6.8% of the adult population)
  • 23 million of these regular players are in the U.S. (10.1% of the U.S. adult pop.)

  • 15 million in total play online for real money (2.6% of the adult pop.)
  • 7 million play online for real money at least once a month (1.4%)

  • 5 million play for real money at least once a month in “Home Games” (1.1%)
  • 2 million play for real money at least once a month in “Private Clubs” (0.4%)

  • 10 million have played in a casino in the last year (1.6%)

  • Of the 15 million online money players, 76% are male
  • Of the 15 million online money players, 58% are under 35 years of age

Do you think that there is a revenue source here??? Legalize it baby in the USA!

Americans - Stand Up and Fight! Enough is Enough!

The war is on! The DOJ has declared war on the USA Poker Players. If they can get away with this, then more regulations are coming you can count on it!

http://tinyurl.com/5grjua

It's time to let your congress, state and national know that you will not stand quietly while this goes on.

If the government can get away with this, it won't be long until they start their attack and bombardment on traders.

We are also considered by many "a game of skill" ... don't fool yourself and allow the same thing to happen to your livelihood. I am only a casual online poker player, and not that good to boot, but what they are doing is simply wrong.

To shut down websites ... when these companies would be more than happy to have an arrangement to pay taxes is total bozo type of romper room action!

http://tinyurl.com/5grjua

Nobody gets paid when the government steps in ... money magically disappears and if you are able to get anything it is pennies on the dollar. One of my "investments" that was seized by the government still has not paid me my money back now going on over 10 years.

Don't fool yourself ... this is a declaration of war against USA internet poker players. They have decided to shut down 3 major companies ... these companies have already moved to not allow USA player to play for real money.

The government by playing hard ball has lost before they have started. Obviously, there are bigger things a foot ... but if poker players all over the USA don't mind paying their fair share of taxes ... this is revenue that is much needed in America!

Is this the land of the (how do you say this word without is showing up as spam) how about freedom, but take the last three letters away or dom.

This is simply outrageous, and what is next ... they go after our GUNS? You may no longer have a gun if you live in the USA ... you may no longer hunt ... you may no longer fish ...

http://tinyurl.com/5grjua

Where does it stop? When will Uncle Sam awake and decide enough is enough!!!

WE are under attack ... you can bet on this ... if they can get away with this then the next attack will be at day trading ... you can take that to the bank!

Day trading is "a game of skill". We need to protect our poker playing brethren today ... stand up with them and fight for the right to have the government stay the HELL out of our life.

They may have our taxes, but stay out of our lives ... quit dictating to us what is good and what is bad. That is our job as man and women, parents, etc. to determine not the government.

IF they simply wanted to go after the people they could have done this without shutting down the websites in the USA.

Have you even seen what they did? Go to either:

http://fulltiltpoker.com
http://pokerstars.com
http://absolutepoker.com

These are the 3 of the biggest online companies in the world. Full Tilt in 2006 moved their operation from the USA to Ireland. Do they really believe they can go across National Country lines ... if they would simply legalize it and allow it ... then money would flow in.

Does prohibition ever work? Has it ever? How do you get more taxes from people as a whole? By taxing them more, or lowering the taxes and allowing business's to flourish?

You know my answer to that ... lower taxes and more money will flow it has been proven over and over. Make America a country that companies want to do business in ... not the other way around!

This is truly a war that we have to WIN! We cannot allow the government to continue to bankrupt our beloved USA into oblivion. We need to stand up, unite, for our fellow poker players, our children, and our grandchildren.

The USA is under attack ... make no qualms about it ... our individual liberty is at stake here. I am not calling for people to get there guns ... don't think that is what I am saying ... but it is time to stop the insanity!!!

STOP THE INSANITY!!!

Seriously, where does this make sense! If you spend more than you take in ... Economics 101 ... what is the answer to what happens to you? DING DING ... you got it BANKRUPT!

http://tinyurl.com/5grjua

How do you stop going bankrupt? AH, let me see ... if I make more than I spend .... hmmm ... then I should have more left over ... duh!!

Can you tell I am a little pissed off ... I even waited 48 hours before I decided to take a stand ...

We are under attack ... our way of life and livelihood is under a barrage of legalism! This is not the way that I want our country to go or head!

These are not drug lords ... yeah ... but they disgused their payments you say ... well ... if you would simply LEGALIZE it then duh they wouldn't have to DISGUISE the way the have to pay people.

MAKE IT LEGAL! How hard is that to do!

http://tinyurl.com/5grjua

Stop the INSANITY!!

Sincerely,

David "Tiger" Knight

P.S. Want to do something about it and write the president, senate, and congress? Go here and join the PPA: http://theppa.org/

Grassroots baby! Let's show what community organization is all about!!

Friday, April 1, 2011

Welcome to April! Nice Win to Start the Month Off.

(Click to Enlarge Chart)


Hello Traders,

This was an interesting divergence setup today in the crude oil market that got us in a little after the red report at 10AM Eastern time today.

Although, no explosives moves on Employment Friday ... still a nice day to trade the Crude Oil Market anyway.

Good Trading,

David "Tiger" Knight