Recent content by TM1

A 60% increase in pps from Jan '07 to July '07 is a pos? Interesting perspective.

Crude costs are the main factor here, the crack spreads have been relatively terrible because of this. Gasoline supplies have been falling because of reduced production and maintenance, crude supplies are building for the same reason. If some semblance of logic ever returns to the crude futures...

Would you say that they have much more downside left then? If not, your namesake comes to mind (buy lo sell hi), buying calls or buying outright and selling covered calls might be a strategy here also.

Sell Mortimer, sell!

I think you are discounting scalps, daytrades or whatever terminology you want to use. No need to wait for any monster moves, identify a high probability set up with an exit target. Also have a plan if you are wrong, how long will you hold until the trade earns a profit vs closing it the same...

All in, no stops, mostly. Here's why; if you aren't confident of the trade you're putting on, why do it? Scaling in/out is admitting defeat before you start, I just can't get past that mentality, it's like second guessing myself from the get go. No stops simply because it is too easy to...

Can anyone post an example of properly completed Form 3115 as needed for a self employed equities trader? Thanks in advance.

But you said trading is a scam, or is it investing? Life is a scam, figure out how to get in on the scam and don't worry about it.

I use the 1 min and check 5 & 10 day and 10 week for trend and range purposes.

Isn't there some guy named Cramer that likes to say buy, buy, buy at the 52w high also?:D

I don't know who watches what, but Bloomberg is head and shoulders above CNBC imo. CNBC seems too gimmicky and ratings driven, the info on B/berg is very timely and their anchors aren't models converted to stock analysts, imho. In my not so humble opinion; CNBC sucks, but I guess there must...

I don't understand how traders can put rbob and cl into a separate category than equities when it comes to price action. The excuse that there's never been a shortage of gas at your local gas station is funny; there's never been a shortage of goog at my broker either, yet those evil manipulators...

Well, it was more realistic so we may have to allow that for experience.:D

You don't know shit about fighter pilots, and watching Top Gun doesn't count.