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Excellent write up. You asked some insightful trading questions.

Shortie, you have been the best contrarian indicator on ET since stockturder3. I’m glad I covered my shorts. Its now time to go long!

HFT is near and dear to our government. Here is why it is… In the early 1990s I was a bank DBA managing a large set of databases that included payroll. Early one morning I received a high priority Email that asked me to immediately attend a meeting with other bank managers. I gulped my...

Freewilly, I am a retired, a full time swing trader and have been through markets like these many times. If you traded from March of 2009 to the beginning of April than you traded in volatility that was low to medium high and price was directional. We have now transitioned into congestion...

They made an impressive case in the video for being prepared for all types of scenarios. It makes the NYSE and NASDAQ look like they are processing in the middle ages.

Nfactorial you can beat buy and hold on a yearly basis as an intermediate term trader. I wrote my automated trading systems to do that several years ago. I trade them all the time in my retirement. Your main specification of 4 trades a year defines how you will trade it. You will have to...

LOL, those guy on the floors are not thinking about shorts? Remember this is a job for that guy. If I were that guy on the floor I would be frowning from the volume I have to process. He is working his tail off.

The question I have to ask myself as a swing trader is “Do I want to keep all of my shorts open over this weekend after such a big sell off?” The answer in my case is “No, I will be taking profits during the opening sell off.” There will always be more rallies to short in the following...

I believe it is come back in November. I have been in shorts in September and October for most of the last 10 years.

To Old School and No Doji . On being old. I had breakfast other morning alone in my wife’s favorite restaurant while she was on travel to Washington D.C. As I was leaving the restaurant I said hello to an old fellow I had seen a number of times before. He was wearing a blue hat with...

Many economists fear that Greece will be another IMF battle ground. Greece should listen to how Argentina solved its debt woes with the IMF or it may suffer for many years. http://www.voxeu.org/index.php?q=node/5018

Hello Akmusic, From the questions you asked I would gather that you are an investor rather than a trader. About 26 years ago I learned how to become an intermediate term trader (15%) along with primarily being a swing trader (70%) and position trader (15%). If you want to be an intermediate...

What do mean? We all knew what “unpresidented” meant. It meant that if Obama had shot his mouth off to calm the markets (when the VIX was lower) there would not have been a spike in the VIX.

“A new value-added tax (VAT) is "on the table" to help the U.S. address its fiscal liabilities, House Speaker Nancy Pelosi (D-Calif.) said Monday night. Pelosi, appearing on PBS's "The Charlie Rose Show" asserted that "it's fair to look at" the VAT as part of an overhaul of the nation's tax...

I ask my accountant what he thought of this new provision. He laughed and said “…They snuck this in so they can prep the USA for the VAT tax. This is how they intend to find out what is taxable. I predict that the VAT is coming shortly to pay for all the entitlements they intend to push...

There were no circuit breakers for that level of drop at that time of day. http://www.nyse.com/press/circuit_breakers.html

Crisis! What Crisis? My government says every thing is all right! Sure, just like last time…:D

Excellent thoughts Ghost of Cutten. It reminded me of these quotes: Where the people fear the government you have tyranny. Where the government fears the people you have liberty. (Thomas Jefferson) Government big enough to supply everything you need is big enough to take everything you...

I had a similar forecast in my mind because of the previous strong weekly finish. You also could be right about the next two weeks. But if they are up I see them as much weaker with smaller ranges.

“…Consequently, it doesn't surprise me that my extreme low is getting punched, but I don't anticipate it wandering too far and should see the market closing at or above the low level. If I'm wrong, so be it, but I'm willing to make my statement ahead of time….” How do you account for...