Recent content by johnpinochet

babe714, flyingdutchmen, Thank you for your posts. I appreciate it. I've been thinking about this for my stock account only, but I'll have to continue monitoring it to see how I might apply it. Regards, John

babe714, I've been going over the thread again, to include the only reference to the steps on the first page. It says "buy only". I was wondering what do you mean by "short side"? Finally, if you don't mind, since it is a day trade only, would you be able to elaborate on the figures in...

babe714, I've been following this thread since the beginning, looking at it for my stock account. I've been coming back to it off and on, but I've not been able to sit down and try it out. Which page of this thread summarized everything for you? Obviously the first page, but anything else...

mokwit, I have a large collection of trading books. I wonder if your friend considered self-publishing? I've bought 3 ring binder type books from various authors. Nothing wrong with that style of publishing. In any event, what is the topic? I just might be the first buyer. Regards, JP

Carefully reconsider the amount of money you wish to spend as well as buying an Alienware. I can afford to buy a top of the line Alienware or fill in the blank Maximum PC's best of the year. I won't and never will. Here's why. About 5 years ago, someone I knew spent about 5000 USD on the...

1112 EST If we can break above 118 090 decisively, we may have a shot for a re-test of the highs, other than that, the only thing I see is the standard 2 - 4 hour, 4 tick range that we've been having like clockwork day after day. Well, sometimes they make it a 6 tick range, but you know what...

Thanks. Don't get too greedy about a return to the highs. I think we may have a shot but it is hard to say.

0720 EST Pre-market commentary for Wednesday 19 August 2009 I believe that any buy near 118 000 will be a gift. This is the move I've been playing for the last couple of days. Unfortunately it happened at 0200 EST and I wasn't able to take advantage of it. My initial target will be...

0924 EST I'd like to see a decisive break above 117 275 to confirm my projections. A minimum of the first target will result from such a break.

0912 EST Targets on moves to the upside today are: 118 000 and 118 160 Currently I'm long from 117 215 and higher.

1121 EST I really don't spend any time on the math behind the relationship (if any) between moves in the ES and moves in the 10 year, but it really does seem odd that we haven't at least had a little spike up in the 10 year on new lows in the ES. Oh, well, it really isn't something to count on.

1115 EST Here's the deal. It is getting late in the morning and we have a very important 1300 EST report. If you have a profit, or you are scalping the 3 - 4 tick range here at the high, then consider any move above the high by a few ticks as the place to be happy, i.e a short covering move...

1107 EST If we break 117 310, 118 020 is a given.

1105 EST Getting ready to call it a day. I would say a kiss and failure to close decisively above the high of the day means more small ranges are in store. I really was expecting to see 118 040 to 118 080 by now.

1055 EST One (last one) off at 117 275. I think we have much further to go but 117 275 is a very important number. I'll wait for a spike above and pullback to buy.