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    Hey daytraders, What advice would you give to a swing-trader?

    In all seriousness, what type of advice are you looking for? Trade strategy, PnL management, etc...
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    Can someone explain this Fed report?

    At the top of the report: - For memo items of large domestically chartered banks (page 13), former item 34, "Securitized business loans," has been discontinued. On the same page, new item 34, "Securitized real estate loans," has been added to the memo items for both large and small...
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    As of July 17, if you protest the war....

    You read it wrong. This is in regards to people who are giving money to groups that help finance terrorist groups in the middle east. If you are out demonstrating against the war, nothing is going to happen to you.
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    CNBC shows its colors

    October 15
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    Urgent Message From Rennick

    By pattern, I should explain that I am speaking from a market psychology position here. As we see, Rennick is respected by many traders on here, and we see from his own comments, that he is not making this call based on technical analysis. He obviously has been trading long enough to...
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    Urgent Message From Rennick

    When he mentioned qqqq's, he was talking contracts, not shares. Are you aware of that? That's besides the point though. When we are staring at 14,000 on the Dow Jones, it is pretty obvious that anyone making market calls is looking at the index that is making the most headlines at the time...
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    Will Georgia Kill an Innocent Man?

    The guy has been granted a 90 day stay of execution.
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    What do the Klannish really look like?

    Obvious ascension from level one of Dabrowski's theory of positive disintegration.
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    Dabrowski's Theory of Positive Disintegration and the ET Klannish

    I think the first two sentences of your reply tells us everything we need to know. Your thousands of posts tell us the rest. One thing you may want to reflect on is if you have ever admitted to yourself that a position you have taken is wrong. Perhaps like the very one you take here...
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    Dabrowski's Theory of Positive Disintegration and the ET Klannish

    What level have you attained ZZZzzzzzzz?
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    if you trade ES exclusively then what is the value of monitering YM, NQ, or ER2

    I may be reading this wrong, but I would not question the usefulness of the S&P 500. The S&P is the flagship index for getting a picture of the overall market. While the DJIA gives us a look at the biggest companies out there which usually indicates a trickle down to companies with smaller...
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    Who is your favorite CNBC chick?

    Hopefully with the roll out of the Fox Business Channel in October, we will get to see Alexis Glick come back on the air.
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    if you trade ES exclusively then what is the value of monitering YM, NQ, or ER2

    The reason you see similarities is that the S&P 500 while representing 500 different stocks, gives a higher weighting to the companies with the highest market caps. The DJIA holds the 30 stocks with the highest market caps. Since a higher weighting is given to the largest market caps in the...
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    live earth-go green

    Thanks for the heads up. Just watched it. It's too bad it was raining out there. She probably would have been wearing something a little more revealing. It didn't look like there were that many people at the concert though.
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    Healthy Burgers that tastes great

    How much protein does one patty contain?
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    Brit moving to US....where would YOU recommend to live?

    Check this property out. 2 bed, 2 bath 1200 square feet in Dana Point for $1900.00: http://rentals.realtor.com/rentals/search/listingdetail.aspx?ctid=25660&ml=3&mnp=22&mxp=25&typ=40&sid=3412ebd4ad074093a85c7c62dac79c37&lid=1081160322&lsn=5&srcnt=26#Detail
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    Brit moving to US....where would YOU recommend to live?

    You should look at rentals for these cities as well: Dana Point, San Clemente, Oceanside, Carlsbad, Del Mar, Encinitas, and San Juan Capistrano. Dana Point is just south of Laguna Beach, and is very nice. Seems like it is in your price range as well. If you have google earth, you can see a...
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    Is this a form of money mangement?

    I know this sounds simple, but it seems very much like hedging to me. I am assuming that you are talking about two instruments that regularly trade in "opposite" directions though. This seems like a correlation in itself. If you are following up with a what do you think is a better method...
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    The same people late on mortgage payments spend on top cell-phones, flat TVs, etc.

    Personally, I am not trying to diss all subprime people, but I am dissing the ones that continue the negative habit of continually borrowing money when they are unable to afford it. There is a very good reason for people to be concerned with this situation too. The subprime market has created...
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