April 11: Sell Capital One<\/a><\/p>\n Bill Cara gives my book a nice mention and the thumbs up<\/a> to his readers. Bill is a great blogger and has an amazingly active community. His insight is marvelous and has a eloquent writing style.<\/span><\/p>\n TraderFeed has another excellent article<\/a> dealing with emotions and trading. Specifically how to get them under control. Tiger Woods has his coaches that help him with his game, fortunately, we have Brett Steenbarger.<\/p>\n Before the market opens, I seat myself comfortably and breathe deeply, slowly, and rhythmically, focusing my attention on relaxing music playing through headphones. Once I’m calm and focused, I walk myself through the anticipated trade, imagining in detail how the market trades near the bottom of its range and bounces higher, how I wait for the first pullback from that bounce, and then how I enter with my long position to capitalize on the return to the average trading price within that range. It’s as if I’m watching a movie, visualizing vividly myself executing the trade idea.<\/p><\/blockquote>\n I have been asked to write for AOL’s BloggingStocks<\/a>. My first Article? A nice juicy slam of Capital One FInancial (COF) – I know, I know… but the 8-K was too tempting not to rip apart.<\/p>\n I was speaking to clients this week about the WAMU (WM) capital raise and the Lehman Brothers (LEH) preferred stock financing and was trying my best to come up with a colorful analogy to describe what is going on. The two that came to mind were “Lipstick on a Pig” and “Chocolate Covered Dogshit.” Both seem fitting for these two PR stunts.<\/p>\n With that in mind, WSJ’s Dave Gaffen writes about Goldman’s (GS) strategy to SHORT WM<\/a>, while buying the bonds. Herb Greenberg takes a crack at it with a good piece on Lehman Brothers<\/a> and the creative financing that is going on.<\/p>\n![\"Chocolate](\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2008\/04\/dogshit-1.jpg\" "\\"dogshit\\"")
<\/p>\n