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  1. R

    Tjx????

    Indications at 28.50 to 30
  2. R

    Anyone short AXR?..looks like a great short

    Why would you want to short a short squeeze?
  3. R

    Which ECN to use?

    They're all the same. It's electronic. Maybe some are a little cheaper, but just marginally. What you want is to see who has the most shares on level 2 and rout though them. It changes every second, so it's just a moment by moment decision.
  4. R

    New Scalper at a Prop firm, cause for alarm?

    Just some advice: in 2 or three months when you burn out your deposit in commissions and losses, don't get discouraged. That's what these places are designed for. If you can't hold overnight positions it's set up so you generate large commissions. Even with rebates, it's really hard to trade a...
  5. R

    Even Simpler Profitable Method

    First, your commissions would eat you alive. Second this will only work in trending markets. And if you've watched the market for a decade or so, you realize that 80% of the time the market is non-trending noise.
  6. R

    what processor for laptop?

    The difference between 2 and 2.16 will not be noticeable. You're probably talking about the e6300 vs the e6400. You might as well save the money and go with the lower clock speed. But if you are comparing the e6400 vs e6600, you have more level 2 cache which does make a difference. The 6400 and...
  7. R

    would short MFW based on Overbot?

    That's a short squeeze if I've ever seen one, the short ratio is at 7.382. You have to be an idiot to short a short squeeze.
  8. R

    What about this system?

    The problem is, oftentimes price will blow through support or resistance and then once everyone is shaken out, it will bounce. I see this more often than not. Secondly, when you get a s&r break it can be a big one. You're better off identifying a trend and buying or selling into pullbacks.
  9. R

    call me crazy buying OIH and GLD here

    I bought me some USO today at 44.16. I think I can get a good buck out of this trade at least.
  10. R

    What an up-move!!!

    Man, you need to move your time frame a little higher.
  11. R

    Would you pick up NMX for 115 for long-term trade?

    Easiest and cheapest way to speculate on this is to buy deep out of the money calls with a year of time value. You only risk a small amount and when it becomes in the money, you can have a bucket full of money. The Jan 08 150 calls are 6.50 right now. You get yourself 10 contracts, you're...
  12. R

    Bernanke Speaks 1:45 Eastern Time!!

    No, bluestreak interprets this as: Bernanke didn't comment on anything because the information he has is so terrible that it could cause a collapse to the world financial system, so he will slowly dribble out the bad news over time and the markets will sell off to below August levels by next week.
  13. R

    Bernanke Speaks 1:45 Eastern Time!!

    He didn't comment on the economy or interest rates. No effect.
  14. R

    call me crazy buying OIH and GLD here

    You must have been the sucker I shorted to. Just kidding....be careful, it could be a dead cat bounce.
  15. R

    Bernanke Speaks 1:45 Eastern Time!!

    Man bluestreak, I have been watching your calls for the past two weeks. You must have had a rocky ride. The market eventually sells off, but you would have had to deal with some huge drawdowns. I'll stick to trading what the market is doing instead of having a bias.
  16. R

    Is it stupid to short the top % gainers of the day?

    The problem with your stragegy is that stocks like cpsl are usually short squeezes, so they keep going up until the shorts are squeezed out. As soon as you think it's ready to pull back, you enter your short, then it keeps going. These things can go for a long time so you have to keep your stops...
  17. R

    Island Reversal forming on the OIH

    This has to be more related to the fed minutes. With the thought of slowing growth in the US, demand for distillates will decrease. My family is in construction in Vegas and there are no new projects being started, no mass grading. That spells, no demand for diesel. Put 2 and 2 together, oil is...
  18. R

    MOT warned @ 8:01 pm Jan 4th,2007

    This is no big deal, it's been priced into the stock. Mot is already down 6 bucks from mid october.
  19. R

    US Economy is moderating, but Dow has new record high everyday, why?

    Look at every past decade that ends in 6, it's just a cycle. The market does the same thing every year, every decade.
  20. R

    theres our mega rally!!

    So you called a rally, but before that you would have had to suffer the drawdown of yesterday's violent selloff. If you want to sound good, call your plays live ie: when to enter and exit. It's easy to say the market is going to rally sometime during the week, But to make money you have to have...
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