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As per the discussion, I would like to point out that if enough people believe and act on a certain level it will become a self fulfilling prophecy. Fib numbers seems ridiculous, maybe they are, but if enough people react to the number they would indeed be significant.

Off topic, but for SS editing, check out snag-it Great chart by the way.

Great thread. I am one of those people always saying indicators are useless and PA is key. I wish you all the luck in the world in your pursuit of PA. Its not easy, but the reward isnt small either. Not sure if this helps but IMHO sometimes you will hear people say that the market is...

This, as far as I know, is the largest trading site around and thats great. There is some great info on here, surrounded by a bunch of uselessness...a 2 edged sword I guess. Why not add a couple features to help sift through whats useful, and whats garbage? One example would be a "thanks"...

The sheep who get slaughtered are the ones one there with a crystal ball trying to "predict" what the market is going to do...predict the future...no thanks. As for ET I wouldn't say its a contra indicator simply because for every bottom caller there is someone saying its just beginning and...

Lol he is exactly right, he is not POTUS yet and if he was trying to step up right now this thread would be about how he is trying to take over the country dictator style.

Yes, it is. Sorry. Everybody disregard that and pay no attention to PA. ps. please trade NQ.

Romney's intelligence put off most conservative voters. lol.

This is the best advice you will receive: Study price action. Period. You may not listen to me now, chances are you won't but if you do actually keep at it (statistically not likely) you will take this advice eventually. Save some time. Learn, study, and LIVE price action.

Ever heard of the south pole or greenland?

From what I;ve read, if the south pole melted we're talking 200 feet sea level rise, greenland melting is about 20 feet.

Of course thats right, if the ice is floating like the North pole, nothing is going to happen bc it is already displacing water. The south pole and Greenland though consist of ice on land, if those melt then the sea levels would rise significantly. Make sense? Easy stuff.

Damnnnnnnn! :eek: Nice Anek, that was the most comprehensive, relentless ass chewing I've ever seen!

I pray to God that you trade NQ :)

haha Oh, ok then. Maybe I will find a news article about someone who murdered their wife and also happened to vote mccain. Surely then, "Mccain supporters are murderers" would be fine by that rational. Unless you are a complete idiot you should know when you say "Obama supporters are ___"...

Haha I would be concerned if these weren't coincidentally the same people that were all over the Ayers and Acorn conspiracies (LOL). Obviously your motive has nothing to do with truth.

Only had to read the first line to know how stupid and pointless this was. As soon as I saw that somehow all "Obama supporters" were being characterized one way or the other lol. so ridiculous.

There has never been a free market? Care to explain yourself?

I think you are only saying this to get a rise out of people, but hey I'll bite. I trade futures. If I pray to win, that means im praying for someone else to lose. Hmmm. What good people we are.

I think there is so much blame to go around its difficult to label any one person or even group. As soros said it seems obvious that the "free" market does not naturally maintain some kind of equilibrium. It seems a lot of "free market" people think that it does. It seems like regulation, if...