Who’s The Best Presidential Candidate For The Markets?

I’ve had a good think about this; hashed it over and over in my head and finally came up with this.  WHO CARES???  We cannot predict the future, so don’t worry about it.  95% of the things we worry about never come to fruition.  These markets are so crazy volatile worrying about something nine months from now is ridiculous.  Keep your focus on the moment and Mr. Market will pay you.


If you want to take this one step further, this is what I experienced in the Simpler Options trading room on Tuesday morning:
With the bond market (ZBM) on steroids rallying over two full points, I was getting many questions about the gap above at 16510-16516.  “Do you think the gap will be filled this week,” were the cries from the trade room.  My response over and over again was, “Who cares?”  “Stay in the moment.”  “We are long, looking to take massive profits.”
In conclusion, I don’t give a toss who wins the presidency, because Mr. Market paid me on Tuesday.  He paid me with other people’s money…The best kind.

Tony LaPorta

Tony LaPorta Futures Maven

Tony LaPorta has been active in the futures industry for over 36 years including membership at the Chicago Mercantile Exchange (CME) and the London International Financial Futures Exchange (LIFFE). Tony is an ex pit-trader turned screen-trader.

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