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  1. dtrader98

    TA may be subjective...

    whoops, printing machine jammed. They should have it repaired in time for the fed meeting tommorrow.
  2. dtrader98

    TA may be subjective...

    but the PPT sure seems to believe in it=) Anyways, nice to see the bond dump from last week is out of the way.
  3. dtrader98

    If so many people are unsuccessful traders...

    "I get in and it stops going up and wiggles till I get out. Then it blasts away." ----------- halleluja! ----------------- Exacltly the kind of stuff I see all the time. Thanks scalper. Or when you enter at an exact number, and when you are wrong it somehow hovers right around that...
  4. dtrader98

    If so many people are unsuccessful traders...

    Hey Whitster, I hear you on the daytrader loser "meme" mentality. However, " another part of trading is that MM's UNLIKE YOU have to provide liquidity. they HAVE to buy weakness and sell strength. ALWAYS," strikes me as an even bigger meme. Where does the law say they HAVE to buy...
  5. dtrader98

    If so many people are unsuccessful traders...

    My thoughts on this, are that it isn't the decision thats taking out the trader. It's the MMs and brokers watching the clients order flow. Once you enter real money, you become their target. Heck, they can even moniter your trading patterns and when you give in. I've had trades, where i...
  6. dtrader98

    qqqq channel hasn't broken yet

    technical analysis is subjective. I already said that earlier. But, it's a bit more scientific in my opinion, then -- oh, you just buy when the trend is up, and sell when it's going down, which is about what half the alternative comments are posting. What is a trend? Back to subjectivity. At...
  7. dtrader98

    qqqq channel hasn't broken yet

    hi, i see what you are saying. Although, it's a subjective interpreatation (like all charts). I made the channel the way i did, because the boundery lines run parallel and don't violate the three points used to create the top line of the channel. There is definitely a lot of volume on these...
  8. dtrader98

    qqqq channel hasn't broken yet

    Slim chance to use microsoft as catalyst to turn pivot pt. and keep channel intact. Otherwise big sell into close tommorrow= short bias.
  9. dtrader98

    this sucks

    it seems to me, that it is related to the bond auctions. Maybe they need to free up some cash so the carribean islands can buy up some debt? Either way, I think when auctions are done this week, it will turn back up. Earnings haven't been that pitiful. Ironic, how market soared on negative...
  10. dtrader98

    its obviously going to be a red day today in the qqqq`s

    This is the channel I've been monitoring. Trend still looks up to me. The recent pivot point seems like a good buy on the dip, until it breaks support. I've seen some articles about markets kept low this week for large treasury debt auctions. Could skyrocket off that pivot, once these...
  11. dtrader98

    Lii

    anyone know how innacurte L2 is these days? I use street smart pro, and there is a huge disconnect between what i see on the actual trades window and the bid/ask order flow. Rep said there are third party ECNs for MMs, so what is the use of LII anyways? Also, is there a more accurate LII...
  12. dtrader98

    AAPL lowers Q2 #'s

    these guys will probaly be first out of the gate, when the market recovers after today's OE. Seems like they wanted to pin QQQQs at max pain in the morning. Oil has been low, paving the way for stocks to recover. Easy to spin the aapl forecast as overly conservative (most of the analysts...
  13. dtrader98

    MOVIES about Trading

    I just watched a relatively older movie, titled, "empire." It stars John Leguizemo, as a street thug leader who gets sucked into wall street life. While the movie theme is not solely about wall street, it has some good reflections about novices who get excited very quickly. Won't reveal the...
  14. dtrader98

    oil drops below 50

    looks like ppt and pals at work. Wouldn't be surprised to see a big turnaround, except for OE tommorrow. So used to those late day saves from last year. Fed says something negative... market drops... market soars at OED on huge vol... rinse repeat Anyone think the spin cycle is actually...
  15. dtrader98

    For those who trade RIMM ~ What am I missing?

    rimm has slayed countless shorts on the way up. Everytime you think it will tank -- bad news, whatever -- it drops slighty, then soars for no logical reason. Numerous analysts constantly jump on the bandwagon with numerous upgrades, even though a cursory glance shows sales growing at a slower...
  16. dtrader98

    Qqqq

    thanks. It covers nasdaq completely, but yet, all day, i've been seeing heavy red selling flashing by, while QQQQs barely move, then lift into green territory, even while the intraday screen is rapidly flashing red. Seems odd, almost like someone keeps buying QQQQ ETFs while individual stocks...
  17. dtrader98

    Qqqq

    right, it's tracking nasdaq, but i have a screen that represents high/low intraday activity on nasdaq stocks. It usually mirrors nasdaq, but today i've seen nothing but red all day with an occasional daily high on yhoo or rimm. Just seems to me that usually when nasdaq is climbing, i see a...
  18. dtrader98

    Qqqq

    The entire morning my intraday high/low window has been a sea of red, yet QQQQ has been climbing. Does this seem like abnormal behavior to anyone else here? Isn't the QQQQ supposed to represent the broad range of activity, or is there a new disconnect developing with ETFs these days?
  19. dtrader98

    Goog

    this was kind of an exercise in objectivity. I wanted to see how many of the so called technicians would respond to the technical pullback signal. I remember how many on the board were screaming to buy on the pullbacks when the market was rallying in oct/nov. The were saying that technicals...
  20. dtrader98

    Goog

    who's backing up the truck? Strong earnings/volume gap... pullback. Course, I expect a lot will depend on the QQQQs and SPYs holding their bull trend. But short term techs say the trend hasn't broken apart-- yet.
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