Recent content by fsmart

Capitulation requires a mass exodus from long or short positions. Honestly in this environment I think people have just become complacent. They aren't bothering to review their 401k statements any longer and who can blame them. So I'm with the camp that says we want see a capitulation...

While I haven't actually kept hard #'s, seems like Obama is always good for a 10 pt drop in the S&P. One thing is for sure, he loves to hear himself speak. Wish someone would clue him in.

I agree completely. I try to remain unbiased during the day since I can make money regardless of the direction. But over the last week the shorts have clearly had a hard time driving down prices any further. That being said there hasn't been much buying pressure either. So we appear...

Hey it happens. I've got battery backups on the pc and internet router in case of a power flicker. But I have my software setup to send stop and profit tgt orders with each trade that are held by the broker, not on my machine.