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Whoah there cowboy. I don't use chart patterns. Never said I did. You say if I look at weekly charts I'm not a trader, I'm an investor. I think you've missed the big picture.....Excuse the pun.....How many swings of 5%-10% do you get on the back of? That's what I look for, and they tend...

Trust a day trader to go and pull apart a perfectly good head and shoulders pattern. You guys put in far too much effort for me. I'll just be over here in the corner looking at my weekly chart.....:D

Depends what your outlook and trading strategy is (short/medium/long term). I'm a local so I'll give you my view. The Labour Gov't is in power now (they don't have the best record as far as economic growth is concerned). Inflation is at a high, interest rates are pumping. The brakes are...

Because, at the moment, it's going up. No reasons required. Never get in the way of traffic.....

Again, walk away. Take on a day job or some other career path. Clear your head. You can always come back again another day. The markets aren't going anywhere.

I've been in your shoes. In my 20's I had a loosing streak that lasted more than 5 years. Not consistently loosing, but more like 1 step forward then 2 steps back. I was trying every indicator and oscillator under the sun. They all suck. The end result was I took 18 months off and focused...

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Careful what you say buddy. We're not all assholes downunder.:cool:

Hey aus. I never went the distance and purchased an Eee PC. I did however order an Imate 8502 smart phone (or whatever they call them) for the sole purpose of monitoring positions. I'm still waiting for Telstra to deliver it. I'm hoping I made the right decision. They're expensive little...

You nailed it!!!!!

Count me in mate. Good luck with the treatment too.

The recent rally's have brought most stock prices and index's back to the upper bounds of what is already a strong down trend. All that is required now is a trigger. Fire away.....

I agree. This is just the calm before the storm.

I was actually looking at these babies recently for a similar reason. I wanted to use it for tracking my positions (mobile internet) while I was out and about. If your trading strategy involves holding positions for a couple of days as mine does, they may have a place in your arsenal. But...

Haven't you noticed. Hedgefund always has to have the last say.:cool:

G'day Susana. Did you get the response you were expecting. I agree with you. A lot of people in this game are full of shit, but at the same time a lot are being modest. We've all heard the stats before (5% make a killing while the other 95% give their coin away). The thing is, it's not...

No offence, but your wife must have been bloody huge!:D

At last, something useful from this site. I'm usually 'all in' or 'all out', but I like this strategy a lot. Thanks Cocaine.:D

Consider this. The fed is not a bottomless pit. I read somewhere that after last Sunday the total funds injected into the US economy by the fed is over half what they have available to them. I can't remember the exact figures but I think they've pumped in a bit over $500 billion to date, and...

The stock market is there to create liquidity and help the listed companies raise funds for their operations. It was never invented to provide easy money for every man and his dog.