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    The Price Action Journal

    I think ggoyal refers to a chop. You take a valid entry and get stopped out, then take another entry and get stopped out. Do not be afraid to miss the move. wait for a larger move away from consolidation and than enter the trade.
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    The Price Action Journal

    I get caught all the time. Still working on it.
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    Boone Pickens sells all his Yahoo! shares, at a loss

    When you are offered 47.5 billion You take it. Pickens played it right. Yahoo is stupid. Now Pickens takes a loss like any trader should.
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    The Darkest Storm is About to Descend - You Can't Imagine the Carnage

    In sherman oaks (91423) average house hold income is $120,000 with no liabilities (no car payments, no credit card payments, no child support) and without down payment, with a normal 30 year fixed loan average house price should be $375-400K.
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    Money Mgmt beats Stops Everytime - Example

    On your chart market makes lower lows and lower highs and you keep on buying? :confused: Try opposite and stop will make much more sense.
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    Congress moves toward curbing oil speculation

    "...Democrats say much of the recent increases in oil prices are due to speculation and investment by people who have no intention of taking possession of the commodities...." How about cheep dollar and inflation? What about transportation companies that could hedge their position without...
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    VIX at 38 on 7/17?

    Yes it was 30.8
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    Nasdaq 100 did not participate in the rally.....And down we go!

    Nasdaq 38% retracement 2313 previous resistance 2316 down trend line around 2315 today's close 2312
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    The Bull Is Back wow!!!!!!!!!!!!!

    I will sell any rally. I hope for 1280-1290 on S&P.
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    need desperate help - indymac bankruptcy - did it just screw me?

    100% of insured money available immediately. 50% of uninsured money available immediately. Anything over 50% of uninsured will be determined later.
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    vix spike = temp bottom

    Official announcement will be on Monday. CEO will be escorted by government officials, cars of the executives will be searched (to make sure no information is removed). Could that be a catalyst for a temporary bottom?
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    vix spike = temp bottom

    My wife works in a corporate office (of that bank) As soon as she gets out from the meeting I will keep you posted.
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    vix spike = temp bottom

    FDIC is taking over one of the banks as I type. Monday could be ugly.
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    NO Fear in Stocks = NO Bottom in Sight?

    Look at the S&P chart from March low till now. Looks like a head and shoulder with a neck line at 1256. 1440-1256 = 184 1256-184 = 1072
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    NO Fear in Stocks = NO Bottom in Sight?

    I think S&P will bottom between 1215-1230 on Monday or Tuesday. Look at your Vix chart. in both cases it jumped from 24 to 40 within 2-3 days. look and number of stocks below 40 or 50 days MA, market is in bottoming territory. I am not talking about bottom bottom (I never know) I am...
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    S&P500 made a double bottom today!!!

    I think it will go higher until 4th of July. If S&P will get up by 50 points that would be nice and on Monday, July 7 market should start going lower.
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    Urgent Message From Rennick

    S&P gaped lower Nasdaq gaped lower closed below 50 dma looks like a break away gap.
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    Housing doom and gloom - ENOUGH already !!

    Oh yes RE bottomed get this beautiful house with $264K discount yes this house is offered $264K lower than it was last sold in 2005 Now offered at $435K
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