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For djxput .... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1243591>

Maybe NASCAR .... :D

Actually, you followed the Hershey methodology perfectly. You just didn't follow the beginner methods beyond your entry. Nicely done, and a fine example of how the overall methods are supposed to work. - Spydertrader

You can view the Car of Tomorrow Tests at Iowa Speedway through the track's two web cams. Tests run all this week (until Friday). Most drivers haven't had many positive things to say about the CoT. Thoughts? - Spydertrader

LOL. My apologies for any confusion. Attached, please find a correct daily chart of ININ. - Spydertrader Edit: The orange and greenish-blue trendlines are weekly trend lines drawn in on a daily fractal. As a result, they appear 'slightly' off the highs and lows on occasion.

I just noticed that i annotated the wrong chart in my previous post. I posted the chart for GROW but labelled it ININ. I apologize for the error. I plan to attach another chart shortly. To answer your questions ... Taping refers to using 2 bars to draw in the trendlines. Jack uses these...

You may very well be correct. Attached is a larger chart with all annotations and trendlines drawn in as I see things. Of course, your mileage may vary. - Spydertrader

You have drawn in your trendlines upside down. In an uptrend, the points one and three must fall on the right (bottom) side of the up trend. For down trending channels, points one and three fall on the right (top) side of the channel. I used to make the same error when I first started drawing...

I have the trendlines drawn in the following manner on the ININ Daily Chart. As always, Your mileage may vary. See attached ... - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1242516>

Don't be nervous. GROW still looks good on a Daily time Frame. As I said, I made waaaay too many mistakes on this trade. In fact, I hope the thing rockets to the moon for you and everyone else. :D The biggest lesson here is to follow the risk parameters. Even when one screws up everything else...

Thought I'd post this as an example of what can happen when one doesn't follow their trading plan. I made so many errors on this trade it is almost comical. Without boring you with the specifics, the only positive thing about this trade is that the loss falls well within my maximum risk...

Bodine back in the #4 at Atlanta; Ward at Texas? SPEED's Bob Dilner reported on the SPEED Report that Todd Bodine is scheduled to be back in the #4 Morgan McClure Sports Chevy at next weeks Atlanta race and Ward Burton could be back in the car at Texas on the first weekend in November. Go...

I prefer to look at the daily timeframe when making my exit decision. Every time I monitor the 30 minute fractal for exists, I wind up doing something stupid. :D Of course, your mileage may vary. - Spydertrader

He tried, but after Johnson failed to wreck (a great dissappointment to me I might add :D ), Hamlin thought better of doing it again. Perhaps, he recalled what happened to Vickers. :D - Spydertrader

You sure timed that nicely. :D I hope you made a killing today with those stocks. - Spydertrader

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There's like this whole other thread discussing it. - Spydertrader

Johnson wins, Burton's luck ends; Chase close. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1240665>

Massa's victory, but Alonso's title - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1240469>

It sure does tighten up the championship race. Just when I thought The Dupont Chevy didn't have a glass of icewater's chance in in hell, Burton and Company provide a little excitement. With Atlanta, Texas, Phoenix and Homestead remeaining on the Schedule, its beginning to look like this whole...