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I see a triple bottom. This thing will probably work its way up to 1000 - 1050 area before retreating in a meaningful way. IMHO.

Here is a partial quote from Thursday's Financial Times on the topic: _______________________________ "Sharply divergent views emerged on Wednesday in response to a call by the chairman of the Securities and Exchange Commission for a review of decimalisation, which ended the practice of...

And if I paint my car red, I'm sure it will drive faster. Why does it seem like its one specialist with 10 different handles promoting this (or should I say Vinny's nickle spread thing).

Decimals let the market determine what the spread should be. Spread should be no wider than what the market demands. It is not the job of the SEC to make more money for the exchanges or market makers who would be the prime beneficiaries of this kind of change. I think the exchanges...

If you are creating a stop limit - make sure you have changed both the limit price and aux price on your stop.

Thats the only reason I still use Qcharts - their intraday data goes back to 1997.

If you pay for a mentor - then you should ask for proof of performance in statements.

Something to consider: if you need to hedge due to a well known technical problem - I suspect that the options market makers will gin up the premium to take advantage of your bad fortune. You may be better off hedging with a futures product like the dow futures.

drink more water - it fills the stomach

I wonder if it would be an improvement if Qcharts would designate certain servers for limited symbol service. In other words, if the amount of symbols allowed were limited like with Esignal - would that eliminate the data lag on Qcharts when the market is surging?

Its funny, the exchange business is the only business I know of where if they screw up - not only is it not their fault - its your fault, its the customers fault! "Why didn't you have a contingency plan knowing that we, the exchange would screw up. So its your fault, you are a loser, you are...

The reason the mutual funds haven't sued is that they have been bought off by the order execution industry with soft dollars. Soft dollars are kickbacks based on order flow. You pay for it through higher execution costs. Soft dollars are suppose to pay for research, software etc. but they...

I'm with you guys..... I think we should all pay more exchange fees.... so that Dick Grasso can make even more money

You probably have to do a certain amount of business per month, no?

I wonder if ultimately, restricting free trade will be the only way to fight deflation in some countries. Would not like to see it, but who knows?

A system, method or condition with which you can consistently make a net profit over time.

Thats why off-floor trading is so much harder than floor trading. The floor traders wakes up everyday knowing his edge is intact until he reads in the paper that the regulators have opened up his market a la the Nasdaq. The off-floor trader has to perceive when conditions are right for his...

S&P hitting major resistance from January. Needs to regroup before moving up (or down).

I would call the above "advantages". For an edge you need a system with an entry and exit that consistently shows a net profit. Floor edge - buy bid, sell ask - capture spread. Richard Dennis' edge - during commodity bull - buy new 20 day high, sell at trailing stop loss. Stock...

Richard Dennis made millions in the 70's with his turtle strategy. It worked great and was an "edge" as long as commodities were trending strongly due to inflation. His edge lasted years. When commodities stopped trending - his edge went away. If that is not the definition of an edge...