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  1. efficiency

    Short selling tick test is history.

    I know you couldn't care LESS about my trading style. Doesn' t matter how I trade. There's far broader implications here. Let's see. 1. The SEC is a joke. Since inception with Joe Kennedy watching the hen house. Slap a few fingers once in a while. Good for morale. Keeps the public...
  2. efficiency

    Short selling tick test is history.

    As to your last sentence, I don't think there's anything obvious about it. More chop? Excluding February, S&P hasn't had a 2% move (up or down) since when? Perhaps "it" will alleviate that. Theres' also the none available/naked shorts aspects. Scalp requires size. Size requires...
  3. efficiency

    Short selling tick test is history.

    Historic, anyway you slice it. The question is, what does it mean? Does "it" eliminate a specialist edge? Don't think so. ETF's already require no uptick. Roughly 70% of NYSE volume is program trading in one form or another. "It" should invoke more order flow. More predictiable identified...
  4. efficiency

    When to buy during the day?

    You didn't read my first paragraph. An opening gap up, that holds, would be LMF. IF it fades, conversely becomes HMF. In the context of being long, you can only make money on an LMF. Period. Consequently, one needs a threshold, whether time (such as first 20 min, first hour, etc. )...
  5. efficiency

    ADX and overnight gap

    Ask any carpenter or mechanic about using the right tool for the right job. Since you used the phrase "overnight gap" one would assume you're not thinking in a day trading context. As such, IF you're using ADX as Wilder intended, measured in DAYS, with a default of 14, a typical gap, less...
  6. efficiency

    When to buy during the day?

    Rather than a magical clock, a simple concept of the high made first transcending to the low made first, whenever that may occur. Strong close implies (but not guarantees) a strong open. As far as I'm concerned, buying the open is not2smuckingfart. In theory, the one price point that all...
  7. efficiency

    VLO--Rare Marketsurfer Stock Pick

    With.................eh...................9000 posts, there's really nothing rare about you. But...................your assement of risk and reward is uncanny.
  8. efficiency

    What is a trader's greatest expense?

    IF done correctly it should be TAXES. Particularly if marked to market. If not correct, LOSSES. Commissions should be more akin to postage stamps. IF not, a reflection of over-trading. Do your brokers send you lavish Christmas and birthday presents? They should be.
  9. efficiency

    Stocks going through the floor

    Not really, but 3700 is a lot of posts.
  10. efficiency

    Stocks going through the floor

    You're overlooking the most blantantly basic of facts. There's ALWAYS someone on the other side of the trade. IF you consider 2000 shs large, at market they're going into the specialist (or market maker's) coffers. Pssst, that's "the plan". Now just WTF do you think they're eventually...
  11. efficiency

    Your trading Tools.. What are they?

    How can you be offering guarantees when you can't spell it? 1. ATR. a. Position sizing. b. Setting mental stops. c. Selection among candidates. d. Volatility is more predictable than price. 2. Paitience a. Wait for your entries rather than...
  12. efficiency

    Please do everyone a favor

    Agreed. But IF the moderators were to MODERATE, for example render the thousand post trolls to chit chat, then you wouldn't have to make such an appeal.
  13. efficiency

    Are the 100% no risk dip buyers insecure?

    Tits on a nun are probably remotely more useful than tits on a bull. Of course, I've never seen a nun that wasn't a shrew. Don't confuse "A" bull with the market, nor calf licks.
  14. efficiency

    Are the 100% no risk dip buyers insecure?

    Seasoning. I imagine only a few have been truly humbled by Mister Market. Even fewer have ever seen a real bear market. Combined, Wall Street's 24/7 efforts are going as planned with respect to "them". Additionally, the craving of attention. Termed "loud-shy". Same concept that applies...
  15. efficiency

    Breakdown about to occur

    It's ......eh.........indices. Loosely driven by fundamentals. What the fuck do YOU think drives program trading? How much of TOTAL volume do you think is derived from program trading?
  16. efficiency

    Dan Zanger traders

    I think I'd opt to worship Zanger before Livermore, or Buffett, or Lampert, or Dennis or Elliot, or Gann.. Though Paul Tudor Jones and/or Seykota, would make pretty good false idols. Hmmm, there are some that give Wade Cook credence and it was apparently a sad day when Ruckeyser passed...
  17. efficiency

    Breakdown about to occur

    WOW! Been here all of two months, got 800 posts under YOUR belt and the whole gold market pegged. Now.....IF you just get a little more clarity on Treasuries. "If/then" dates back to the dawn of computers. But then..........you know that. As a special sidenote, breakouts that...
  18. efficiency

    Crooked specs and thin names

    When IN Rome, do as the Romans do. Thin stocks are not for day nor even swing trading. They are for positions. Thin stocks do not provide the specialist with much in the way of order flow. So, he accumulates in miniscule increments and dumps into rallies (when the mice take the cheese). A...
  19. efficiency

    My best play right now FTEK

    Naw, this is the correct chart, even though it's a month old.
  20. efficiency

    ZOLT breaking out on heavy volume

    NO, $36.25 intra-day. As for my last post on the matter, I guess I was ....eh........mistaken.
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