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Okay thanks for the fun. I'll let the rest of you take note of the Dow 200 day sma for yourselves and be amazed when there is support there. One chart, one line. Of course it won't require you to pay a french engineer 300K to take a look for yourself... you can go to any free website like...

I saw another poster awhile back correlate trading to coaching and I agree with the correlation. You assess what a team does by looking at game films (historical charts), and from that you prepare for tomorrow's game. As the game progresses you make adjustments and call plays that you PREDICT...

The morning rally part is in... will the intraday lunchtime counter-trend lead to more? Harry says so. I love predictions.... accurate or not it is fun to see what occurs to make them right or wrong.

I'm thinking you mean the Colonial... the Memorial is in Columbus next week. Just in case you were headed there it would be less fun to arrive at an empty golf course hoping to see Annika.

I am still long GM and bought a second load of 4K during yesterday's reversal. It's a tough thing because I want you guys that are short to make money too, which you already have a bit. Ice I have a range of prices that I am using to accumulate a large position. Once the price enters the...

I just read the enthios link and my interpretation of the method is that it uses a 34 period ema on a 30 minute chart, NOT a 34 day ema. I didn't look at the spreadsheet so maybe it is defined there as a 34 dema. My bad if it is...

Don't forget to take into acct the stock split in 1989 2:1 and adjust the chart accordingly. You guys are right on the short term and I hope you all make money. Hopefully I am right on the longer term. DH I am with you on the bravos for a firm to ring out a SELL rec. It just seems to be...

You're welcome! And I don't doubt that 30 is a reasonable target. That little gap down there looks pretty good. But... take today's action for example, that would be quite a positve for this stock should it close above the 50 day moving average, with a long tail, and oh my gosh what if it closes...

Let's see... hmmmmm... GM trading near 15-20 year lows... PE 6's; Dividend tax cut in place... Yield 5.75%; GM trades in mid-90's 3-4 years ago... Pru downgrades to sell today. Very timely! Nice work. For me... new longs today 4K shares. And I'll buy all the way down. Good trading all.

Actually, "Fat-Bottomed Girls" is more like it.

A "good week" for most of the 'traders' here, a term I use loosely, is one where they didn't lose money.

Yeah... not overly negative, just negative enough..... It sounds more like envy Rock.

I know I'll be on board when the train takes off. And if it goes down I'll get off quickly, as I am sure you will. But if you don't, I guarantee the losses you incur are not going to the poor. But I am not talking about people like you and me who are not scrapping for our next meal. I am...

ScaleOut was that you who said to bert something about name-calling? My my, how does it go... about glass houses and throwing stones? Grow up little man. You cannot make money using one of the easiest indicators out there so I guess no one can right? No one is arguing with your point that...

I understand what you mean and there is some truth in there. However, may I offer the example of the power drill. When working properly, the power drill is designed to drill nice clean holes. But alas it has come to pass that laser is now used to perform the same job, and a certain population...

So you get some inside information like IMClone is going to have some trouble and you have a bazillion shares and you do what? You sell. Why? Because you fear losing your money. You are about to enter the market on the long side and you are as certain as ever that it is about to take off and...

Your earlier post talked about a robot driving a car. It also said that there were other factors that influenced market behavior, but you did not specify those other factors. Your view is incorrect dottom because you fail to realize that every piece of information out there, every factor...

Please see my post following your post on the patterns thread. Peace dbphoenix. And since you have inandlong on Ignore, he did set off a bit of fireworks, but also you will not see his admission of wrong - as I interpret it. But it might be that last sentence of your post there that is...

dbphoenix, I know I defended inandlong on your thread about keeping it simple, and I stand by that defense. However your post here is exactly what I am talking about. You have very nicely elucidated the very point I am trying to make. Thank you for this contribution.

The MACD ("Moving Average Convergence/Divergence") is a trend following momentum indicator that shows the relationship between two moving averages of prices. The MACD was developed by Gerald Appel, publisher of Systems and Forecasts. -MarketScreen MACD "sell" signals are particularly...