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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: Keith Feral who wrote (43047)1/2/2013 9:12:50 PM
From: phlegmish2 Recommendations  Read Replies (3) of 148841
 
I don't post often, but when I do....
Have been mostly lurking for years, actually since the early days, back on Suite 101. Have been amazed at how consistently your model catches the really big directional moves, and how you have tweaked it (through your trading acumen) to catch extra points as the market approaches your signals. I loved your post from earlier today, when you discussed going "John Galt"-- that's my plan, too in the next couple of years. As an MD, I am totally fed up with what the government and insurance companies have done to our profession, the ridiculous regulations, the mandated EMRs that were shoved down our throats by Obama, the ridiculously long days for an ever shrinking paycheck (I make 45% of what I made in 2000), and now, as an evil 2%er, having a target placed on my back by the new tax code is really the final straw. Unlike my business partners, I have saved fastidiously, and am in a position to walk away shortly. I plan to work 25% less this year, and will prob make 45% less than last year, which gets me well under the highest tax rate (I have a fair amount of passive income from other business investments), but my plan is to be as John Galt as possible within 3-4 years.
See you on the bike trail.

What a day!!

(This was a response to an earlier GZ post, not to Keith's)
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