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Open 1029.5 Close 1025 -4.5 1 out of 2 cumulative +6.25

8/24 Buy @Open

ES Open 1013.75 ES Close 1024.50 (I will use 4pm for the close, not actual ES close of 4:15) 1 out of 1 +10.75 pts

You folks need to stop looking for every pebble of anecdotal evidence the economy is doing poorly. You won't make any money that way.

I'm going to start a simple journal: 1 trade per day, either buy at open, sell at close or sell at open buy at close. I will keep a running total of % of correct days and total points. Feel free to join in, but if you do, keep the same records and obviously try to post before 9:30. Instrument...

Obama learned nothing from Bush. He should be requiring loyalty oaths for these "Town Halls." That's what Bush did and there was none of this nonsense! Free Speech Oppression FTW!

The odds of a flat finish are not 1/3.

So- working backwards, *if* you predict the market direction 10 days in a row, does that mean you have an edge, and can you calculate what that edge is?

What are the odds of correctly predicting if the S&P will be higher or lower for 10 days in a row? 20 days in a row? What's the longest anyone has done? The ESPN "Beat the Streak" contest has me thinking along this line.

Is there a way to download historical data from IB in Excel form?

When they talked about dropping 25-50% they were talking about their ratings, not the market.

What percentage of the total S&P points available would be a good capture? To simplify, if the open/close change with 100% accuracy gave you 100 total points for a month, how many points from your trading plan would make you happy?

Think like a baseball player-- 5 hits per hundred at bats is the difference between a .250 hitter and a .300 hitter. Only swing at the pitches you have a high percentage of hitting, be the Ted Williams of Trading. http://www.tedwilliams.com/index.php?page=phtips&level=1#

No wonder these guys work such long hours. They can't stand to be with their wives! The true engine of Capitalism is insufferable women; without them, the true pillars of society would spend much more time at home!

I'd like to see a citation of that FACT. http://www.foxnews.com/story/0,2933,242424,00.html This is from Fox, no less, and BEFORE the Bush Recession. Here's another good one from that pinko commie rag the WSJ...

dude- that was funny. Thanks for posting. :D

@FuturesTrader71 on twitter is a good guy to follow to learn.

yeah, too bad we don't have this "fiscal conservative" back http://www.clipsandcomment.com/2008/07/28/bush-administration-big-spending-yields-record-deficit-for-2009/

Exactly- emails involving the White House seem to get "misplaced" often. http://www.deathbyemail.com/2009/05/bush-white-house-wins-court-fight-on-lost-emails.html

http://en.wikipedia.org/wiki/Foreign_Intelligence_Surveillance_Act#Terrorist_Surveillance_Act_of_2006 Yeah, nothing like that has happened here.