Search results

Like you? :eek:

You make a very significant mistake in thinking that CNBC represents some sort of a "consensus" view on the markets. CNBC represents nothing. Absolutely nothing.

Excellent call! The market retraced 61.8% of the move up from 1200.44 to 1291.17 at yesterday's close. A measured-move targets a 91 handle move from yesterday's low . . . 1325. Excellent work! :cool:

And what "lesson" was that exactly? The part where you make a "call" on the market without providing any methodology whatsoever, let alone any discussion of technicals or take into consideration the "dovish" geopolitical comments out of Iran that put more downside pressure on Crude . . . or...

I really have no idea where we are in the EWT "forest". Perhaps a measured-move up to 1325 SPX ( 91 points )? Again, I have no clue at this point. P.S. It's amazing how we literally closed on the .618% retracement ( 1200.44 - 1291.17 ) yesterday and then exploded HIGHER this morning!

SG, Looks like you may have mistaken a "B" wave in IV as the top of 5. on your 5-minute chart. Just did a nice A-B-C down off of the V now. Welcome back Mup! Missed you Bro. :)

Came in at $1.37 per share vs analyst estimates of $1.57 per share.

Yawn.

FYI . . . Fry's has a 24" Envision G416 on sale right now with two mail-in rebates that bring the price down from $369 to $279 Supports 1900x1200 resolution with 3000:1 contrast ratio, 400cd/m2 brightness, and both DVI and VGA inputs. Cables for both, included. Screens are made by TPV...

The order is set to expire July 29, but the SEC may extend it for a full month and could broaden it to cover more companies. http://www.willkie.com/files/tbl_s29Publications/FileUpload5686/2668/SEC_Emergency_Order_On_Naked_Short_Selling.pdf

Doesn't sound like it . . .

Hell no! So much for being fiscally responsible. http://news.yahoo.com/s/ap/20080728/ap_on_go_pr_wh/budget_deficit :(

There is no such place as Berkley in the San Francisco Bay Area. IT'S BERKELEY!

She speaks a mile-a-minute and is super hyper - - - but very knowledgeable. Anyone interested in trading options needs to focus on "implied volatility" vs " historic volatility". If you don't, you can wind-up overpaying for an option because it was all pumped-up with "vol". Even with a...

The winner is Ed, the cancer survivor. $500,000 richer. Good for him! :)

The two finalists ( Ed and Dave ) look like they were separated at birth! And one of the guys just said that one of his trading rules was to stay away from earnings plays, and fade whatever John Najerian says something will go up! :D

You mentioned that one of the things that you look at is geopolitical risk. Obviously, this has a most significant effect on Crude Oil and the U.S. equity markets. Tell me, after Iran's President Mahmoud Ahmadinejad was interviewed over the weekend with concilliatory and "dovish" comments (...

Great post that reflects the logic that is often used by the "amateurish" trader. Unfortunately, INSTITUTIONS have a very powerful influence in the market. They have a tendency to push stock prices far beyond anyone's wildest dreams on the upside, and lower than anyone's perception of real...

Where's your stop?

I see an awful lot of "overlap" in the SPX chart, and because of that I can't even begin to entertain the idea that there have been any 1,2,3, 4's on the chart.