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Getting into a cab and discovering your driver used to be an I banker at Morgan Stanley.

How many people would actually spend so much time trying to explain a system like SE came up with unless it was a sham, considering he had never shown his face around b4? Why didnt he just write a book? RS7 actually had some great pointers, but they were general things, extremenly helpful...

What a studly picture....

500 shares ?! You need to increase your volume in a major way to justify those ticket charges.

Lundy, its not the fact you held an opinion on the market that upset some people, its not even the fact that you were so biased towards the up side in your posts. What it was is the way you went about communicating this info....i.e. massive bold letters on your post. This is annoying and...

Yesterday near the close I kept buying SUNW at 5.05 at it kept moving a few cents then dropping again. This number is a powerful support for SUNW .... I believe it was a close a couple days ago. Anyways, 5.28 is another for SUNW.... Made a whack of cash.

Yeah Lavish has got it right...

Yeah chasinfla, you are right, but.... Technical indicators are about hard work, and understanding what indicators work best in which markets. The key term here is best. When a head and shoulders is formed, and the price breaks through the neck line , there is no guarantee that it will begin...

Do you sell something you dont own first when you are bearish on a futures contract, and go short? Of course not.

You dont necessarily sell someone something you dont know to be bearish. Bears arent necessarily short, and that is why bearskin jobbers doesnt make sense......If you feel something is going down you can get out of it or go long in a security with an inverse relationship....etc. Being a bear...

A Bull market comes from the fact that a bulls horns point up, and a bull attacks with an upward thrust of its head. A bear market comes from the fact that a bear attacks by swiping down with its paw.

Chasinfla, there is a time...but as in blackjack, you play the best odds. Dont be a hero, because they always die in real life, and they never, ever, get the girl. :cool:

Just a quote from my Textbook: Technical Analysis Course from the Canadian Securities Institute..." "Trying to pick a bottom in a falling market, however, is like trying to catch a falling knife." How many stitches will Lundy need? Lundy, I think it would be interesting if you could...

And that is exactly the type of person (red neck) that the markets love.....fresh meat. BTW, how many Japanese businessmen have you cut deals with? If you feel that all MBAs are suit wearing assholes, and all million dollar making CEOs are vermin, then you definitely have no place at a...

Yes, Lundy, you are gaining in popularity here....Daytrading is essentially a zero sum game, and we are taking your money!! P.S. The Dow was down 266 today. I thought we were at the bottom weeks ago? What happened?

You are given a rebate when a bid or offer you post on an ECN is filled since you are adding liquidity. When you hit a bid or offer you pay retail fees because you take away liquidity. The spread between these two rates is how the ECNs make money.

Its not my problem, but by Lundy being so damn bullish all the time, he is breaking a major rule of trading, even day trading in particular.....be unbiased, objective and ready to jump long or short. Only the dumb money always looks for the bull. But in a zero sum game, that means more money for...

Doesnt surprise me the desks are refusing to pay them....if they are rebate trading it shows. NTRD often holds levels like ATTN necause no one wants to pay the retail by hitting them I have seen so many powerful moves stopped or weakened by one of these expensive ECNs sitting there at the even...

There is this URL you can go to that will give it to you. You need to get a suibscription first though. I cant remember it now, I will post it tomorrow...something like instinetbook.net

Shitty, expensive ECN.