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No, definitely not. I went long today and made a few bucks. But if there was any reasonable amount of broadly based bull sentiment there should have been at least a couple of nice uptrends among my picks. Instead, there was just absolutely lackluster, anemic, foot dragging. It was enough to tell...

I tend to look at it from the opposite side, i.e. what was so fundamentally good about the news to cause the Dow to pull back up more than 500 points in a week from its Aug 16 close? Beyond the discount rate cut, there was nothing particularly rational about that exuberance. All that has since...

Excluding the Fridays after the last two Thanksgivings, today looks to be the lowest volume since Dec. 31, 2004.

What do you think?

What saddens me to the point of considering seeking another trading forum is that while obvious troll threads like this one garner 20 replies, I've yet to hear a single opinion of the importance of market sentiment as I asked about here...

More: http://www.nytimes.com/2007/08/19/business/19credit.html

Yes having a well defined and widely agreed upon bull or bear market makes trading easier for everyone a la "Well this is a bull market, you know" but is the mark of a true trader one who can consistently make money even when such sentiment is yet to be firmly established, or do experienced...

Wonder how they did.

That mini bear market in March was great! I was shorting stocks practically with my eyes closed, the money was so easy. The key, though, was back then there was, at least for that short period, an overall bear sentiment in the market, which is what made it so easy. So far even with this string...

There's the usual technical argument of an 'oversold' market along with broadly positive earnings, however, subprime et al, Walmart, Home Depo, etc. negative news -- with some rather ominous scenarios envisioned -- is pulling in the opposite direction. Is the market nearing the point of a...

They are a leading driver of lower income consumer spending. The subprime mess has effected all mortgages and when middle to lower income people with stable jobs see the rate reset cause their payments to go way up they necessarily have to curtail other spending to make those payments. The fact...

http://www.cepr.net/documents/publications/meltdown_2007_08.pdf

The Grim Reaper pays a visit to Wall Street: http://www.informationclearinghouse.info/article18156.htm

Can it be done just using market depth -- only showing size total for bids/offers at same price -- instead of Level II? A standard IB margin acct doesn't include LII and I haven't decided whether it's worth springing extra for.

Having fallen from its 14K high, the Dow has now absorbed a correction to below 13 and a half, this being accepted by most for now as roughly closer to its current 'correct value.' Now as it dives much farther below that, close to 13,000, there is a massive battle underway between those who...

on a big screen all coming in to strike the U.S. May've been a James Bond movie or maybe a couple of other movies. Looking at that 3:20 knife drop on the Dow that's what first came to mind. "What's our speed Cap'n?" "Oh, just shy of 200 points an hour."

DJIA 13,468.78 +286.87 +2.18% Nasdaq 2,547.33 +36.08 +1.44% S&P 500 1,467.67 +34.61 +2.42% Issues: NYSE Nasdaq Advancing 1,714 1,439 Declining 1,624 1,631 52-Week High 30 25 52-Week Low 235 253 Significant gains on the Dow and S&P...

I'm not sure I follow this or understand what 'runners' are. Are you talking about a trailing stop that Ninja (or other software) automatically adjusts as price moves in the desired direction? And if so, in what way would you use more than one at a time on a given trade?

The key to it all is quoted above. The worse thing a trader can do is to try to force logic onto the market. Markets are instead driven by psychology and a herd instinct which very often manifests in volatile seemingly chaotic behavior. In a given time frame this eventually dampens out into a...