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The Sandbar on Anna Maria Island, nice place for a grouper sandwich, glass of wine and a great view of the Gulf.

I believe all the indices are in consolidation for a new high

SNAP, class A stock with no voting rights...don't think so....arrogant punks.

Sure not a trend day on the NQ

consolidation range trades today

About as popular as "Tasty Armadillo Recipes" by Chuck Wagon.

Looks like someone is not aware that you can't eat like a bird and shit like an elephant.

Would expect some consolidation after yesterday...but who knows

When you have a loss in a year, you have a loss carry forward (NOL) to credit against the following years taxes. In your example, you wouldn't pay 20% in year 3.

Folks a lot smarter than Surf, people like Fleckstein, Prechter and Gartman have called for tops many times. And I imagine he just parrots stuff he hears at those investor meetings in Fla.

Scalping has always been a tough way to go.

Algo's, HFT, laser beams from outer space blah blah...price can go up, down or sideways..period. If and when charts stop working, I'll try something else.

I've been trading technically for 18 years and while some times are better than others, little has changed.

Annualized out, it's 75k. I assume you will be trading futures as 10k is not enough for stock day trading which requires at least 25k. If futures you can go 1256, if stocks...wherever your income lands on the tax table for ordinary income. Any typically if it's your business, the IRS will want...

All the indices broke strongly out of corrective consolidations...tests of highs are likely

You get to carry forward loss up to $3000 per year, if you end up with a net loss.

Trader status allows you to Mark to Market and gets taxed as regular income. Take a look at GreenCPA site for good info

YM has now breeched the Mar 16 high of 29967...next stop all time high at 21126