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I bet he is all over TIE as well.

OK, here is a case for the bulls. The last low on the S&P occurred on July 18th. Since that low the bulk of the money has been flowing into the following sectors. Computer based systems 11.34% Personal computers 11.27% Electronic equipment 11.25% Auto Manufacturing 10.13% Drugs 9.8%...

There is only one guaranteed certainty as far as I'm concerned. If I am wrong it won't be the first nor the last time. You may very well be right. Those options could be part of bear call spreads. One just never knows.

I took the summer off from trading (you know, busy earnings season and all), and I recently spent eight days in Hawaii, so I don't have any daily or weekly P/L's to post, but how about Net Worth (cash) in a Margin PDT account? [/B] Going there Aug 11-22 myself, I can't wait.

Well back when the market was falling the bear market had begun according to some including myself, and now that the market is moving up we hear a second leg of this bull market is upon us. Two camps with opposing views. My only point is this will not be settled until after the fed meeting...

No, I didn't miss that at all. Just because people are pricing in a pause in the treasury market doesn't mean that is what is going to happen. If there was conviction in the marketplace the s&p would have been way over 1280 by now, and its not. This market is in a range until the fed...

I just bought some SPY aug 128 puts at 1.40. Plan to do the same to DIA some time today

I still don't see what all of the excitement is about. None of the indexes have moved over resistance, and until they do everything is just noise. The fed meeting will determine the short term direction of the market.

You can't be for real QLL. Everything you post on this board just blows my mind.

I'm a position trader not a day trader. I came to this board because I plan on selling my business this year or next, and I might consider doing some day trading. I came here to begin to learn the ropes of day trading. I have made more than 20% per year for the last five years swing trading...

Please trust me on this. You amuse me, nothing more. You remind me of a small boy trying to play a big man's game. If you have to ask me why I care how many shares are traded then there is not much hope for you.

Yesterday he made the following recommendation. TRT did not have 1 share traded until about noon yesterday. It ended the day with 1200 shares traded. Today it traded 300 shares. Yes what a perfect stock for day trading. You could trade this up and down against yourself.:D ACY same...

That was simply an INCREDIBLE call.

Nothing drastic is going to happen until the fed meeting which is only 7 trading days away. Even if the fed does pause I don't see this market heading to new highs, but in my opinion there is no way they are going to pause.

Why? You're long and obviously had NO PLAN TO BAIL. Short is still the place to be until the s&p goes 2 or 3% above 1280. Then and only then will I be convinced the market is headed higher.

I wouldn't consider $100,000 per car quite "there" yet. If it's not ready for the masses at a competitve price then in my eyes it is not ready.

Well it looks like the bulls have already priced in a pause for the August fed meeting. I was hoping we would have a clearer market direction before the meeting but it just isn't going to happen.

Canslim does not tell you that it is ok to lose 8% in your portfolio. It tells you not to lose 8% on any individual stock. You have lost 30% on TIE. If you took your 8% loss (which is still too high in my opinion) you would be up instead of down.

If you are a position trader you go long when the market is healthy. You do not go long when the market is weak. When I say healthy, I don't mean a minor trend down. The market has a declining 200 day moving average. This is significant. It is not minor. Your probability for success has...

There is nothing worse than being in denial. This thread was like an intervention, but I can see you are a hopeless case. Keep telling yourself 4.5 loss isn't that bad. When it turns to 9% tell yourself that it can't possibly go down anymore. When it turns to 15% convince yourself it is too...