Search results

  1. S

    Profit from fraud @WCOM

    No I dont trade at Tradescape....I trade at SwiftTrade...INCA, ISB, LSPD, ARCA, ATTN (:mad: )
  2. S

    Profit from fraud @WCOM

    I made $ of WCOM monday and tuesday... No, I dont have inside info.... Yes, I have a bullet on WCOM.... No, I dont hold overnight.... Yes, I made a lot of that money on negative passthroughs.... No, I did not lose $ gross... I will have you know that many traders at my firm made over...
  3. S

    Now We Really Bottomed !!!!!

    Theres a fake gravestone on the wall of my firm... JOHN FEINSTEIN 1975-2001 RIP HELD OVERNIGHT With markets like these, nervous nervous people, and news coming out (even if old) holding overnight is ASKING for trouble....dont even bother.
  4. S

    bid 5.35 ask 5.75

    With a spread like that, you wouldn't want to be daytrading that stock anyways....most hi vol. naz stocks have a spread of 1 cent. Anyways, in this case you can do a couple of things: 1) Shave a couple of cents ahead of the next island Bid....I assume you have ISB.....display island bid or...
  5. S

    Fraud @ WCOM

    SO do you think WCOM will be delisted or halted? If its not done now, I assume it will be a slow spiral towards zero.....
  6. S

    S&P getting killed afterhours

    Weird man, I traded WCOM all day today, and almost got stuck at the close with a short position at .85 ...... too bad !
  7. S

    When someone asks "what you do for a living" what do you answer!

    Yeah heres one I have used.... I was asked what I do by a friends 'fundamentalist' dad...who is an I banker.....anyways I told him Im a prop. day trader....and he went on about how its bullshit and blah blah blah to the rest of the dinner table at a rather nice restaurant were eatinf dinner at...
  8. S

    When someone asks "what you do for a living" what do you answer!

    But can someone please explain to me exactly WHY day trading has such poor connotations among many of the public? Is it because fundamentals are no longer important (although they are the underlying part of stock prices) or is it because we can make money when they lose it....essentially a zero...
  9. S

    When someone asks "what you do for a living" what do you answer!

    Tell them what I tell them when they ask: "I'm a Day Trader.....No Im not losing money in this market....No its suckers like you who listen to analysts and brokers that lose money in markets like this "How?" They ask...find out why my nickname is what it is......now Get the fuck away from my...
  10. S

    the trend is up, market has bottomed.

    Yeah that is the point of trading...predicting...BUT: 1) All technical indicators on the stocks I trade...SUNW, WCOM, CSCO are SELL...it is rare they ALL point in this direction....check out www.bargraph.com for TA buy/sell signals 2) Bottom pickers are all either green or bankrupt.....or...
  11. S

    the trend is up, market has bottomed.

    It is equally as important in trading as neutral to be completely unbiased in your decisions....program trading. This is not to say that the trend isnt your friend....the trend works. But, people start convincing themselves of other things and become subconsciously biased....such as if the...
  12. S

    Superstition, Luck and Vodoo

    Scientists may indeed be afraid of philosophy as its verification is never empirical. However, the human brain IS hardwired to observe patterns, often when none exist. Therefore, things relating to voodoo are a natural human reaction to pattern recognition....selective pattern recognition if you...
  13. S

    SUNW indicators

    What do most of you people prefer to watch when trading SUN...the NASDAQ E minis or S&P's? I find some days the S&Ps dont work as a leading indicator as well as others......usually news related days.
  14. S

    Worldcom under $1!!?? support, resistance

    So what would you suggest the best way is to trade WCOM around a dollar? The support was certainly quite weak there today, and resistance was fairly untested at this price all day. Barchart.com has the following points of interest for WCOM: 1.26 pivot point 2nd level resistance 1.08 pivot...
Back
Top