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Like any endeavor, there are "good" ones and "bad" ones. The third you're referring to may be in the latter camp. As for the existing workforce, one day last February, it was so cold, I saw an attorney with his hands in his OWN pockets.

The EXACT high and low always has the ax on one side. That's where "he" puts the brakes on (at least temporarily). Exhausted or replenished inventory. With 500+ posts since January, I consider myself a lucky bastard.

Three x 1% plus time decay = perfect cents oops, I mean sense.

The fantastic 2009 bounce you mentioned, basically a "V" bottom, is an aberation. Not likely to be replicated anytime soon in an index (but indeed possible with individual issues). How does that impact your back-testing?

Attached is the chart.

I trade in individual equities, not e-mini's nor options. To a degree, I like to remain in harmony WITH the market. Presently net short but I had a couple "bullish" surprises in short positions this week. Anybody want to interpret this P&F chart of SPY?

Has Cain really ever made a pizza? Godfather's, originating in Nebraska in 1973 at the time of the movie was sold twice, in 1985 to a Louisiana company then to Pillsbury. Cain was hired to turn the franchise around. He succeeded. Out of 300 million people in the US we have Barney Frank...

J.P. Morgan died the same year as Federal Income Tax and the Federal Reserve system were incepted. Coincidental. Coincidental indicators are often used to "explain" cause and effect. Past tense. As with fluctuation, it goes WITHOUT saying. No one on earth knows what the market "will do"...

Proved wrong (again). Covered when it pierced $50. Closed at $51.67. Appears the ax replenished his inventory in the high 40's. That isn't necesarily bullish now.

JUNE I don't start threads very often. There are people here advocates of back-testing. Implies mechanical rather than discretionary, an approach I don't subscribe to. Here's some stats lengthy enough to be statistically significant. Since 1885 the Dow Jones Industrial Average (DJIA) has...

Yeah, kinda of a combination Moses/Chicken Little. And it's definitely true every broken clock (that has hands) out there is right twice per day.

Peak spending on tangibles in the US is approximately age 48. Empty nesters are likely to downsize. Townhouses, assisted living, etc. Entertain themselves. Dining and travel. Donations to churches and charities. Spoil grandchildren (if any) and .........healthcare. However, with 1 in 9...

Screwing up? Speculators provide liquidity and often establish price to the other side of the trade to the commercials selling forward. Commercials generally have a tangible position or take delivery speculators generally don't. The latter are necessary. Been "that way" since the...

Whoa, such bitterness. Like a cheap cup of lukewarm java aside a stale doughnut. I'm not a coffee drinker so many of these aspects is inconsequential. People won't switch brands if "all" brands rise in unison. I've watched pot go from $40 an oz to what it is now. Very little change...

BTW I'm starting to wonder about Einhorn. Impressive Cornell credentials and compounded performance but.......... He's presently a partial owner in MSFT, BBY, and the Mets. WTF? Case study in size becoming an albatross?

Lingo? Eh........the kind of brokerage where customers concern themselves more with the five free trades rather than their fills (amongst a host of other naive and mis-guided aspects). Perhaps you might consider focusing upon the topic at hand. Just a thought. Now allow me to uncheck...

Psychologists refer to it as displacement. I must admit I'm guilty of it too. This includes the recurring vision of caps on backwards, empty Mountain Dew cans everywhere, a mouse house account, shooting anything that moves, exciting and exiting over chump change (to gratify the ego)...

Typically MM's want to keep the public in over the weekend (and wack them gap down Monday morning). Typically the day before a holiday has an upward bias. New lows hit 77 today. One day does not a trend make. Nevertheless, from a variety of indications mister market is starting to...

Not necessarily. Even IF he poof, disappears, would it matter? Feeble rally. MSFT is a great shill. In the S&P 500. In the DJIA 30. In the NASDAQ 100. All weighted indices and MFST is a lot of weight. Dead weight. Masks carnage on down days and rotation. Lot of order flow...

Aren't YOU kinda putting the cart before the horse? IF there's a QE-3 (seeing how the first two haven't "worked"), it would most likely be strategically timed for the next presidential election. Nine THOUSAND posts? JFC