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  1. M

    Shorted 1000 QQQ at 25

    Who is smoking dope to drive the market up like this? And why couldn't they have done it yesterday while I was in the market? Pretty interesting we get this bounce before the elections. Our tax money at work. :D :D
  2. M

    775 Hmmmmmmmmm

    An excerpt from http://www.dailyreckoning.com/ ...They're already brimming with the stuff. ICI, a mutual fund industry association, reports that 4.5% to 5% of stock fund assets are in cash. With total stock fund assets now at US$3.3 trillion, that 5% in cash amounts to about US$160...
  3. M

    P/E of S&P 600

    http://www.stockselector.com/sp500.asp
  4. M

    775 Hmmmmmmmmm

    Long at 1 point above pivot. Not too sure this will last for a few weeks though. The balloon is still deflating, what will blow it up??
  5. M

    775 Hmmmmmmmmm

    We couldn't bust the whole pivot this AM, but I fear shorting would be met by artificial support. This could be one good collapse day if it were left alone.
  6. M

    Market Manipulation

    You guys have no fricken idea!
  7. M

    Sharing internet connection

    You can use a proxy server which takes one IP and allows 2-1000's of users share it. My favorite is Winproxy from http://www.winproxy.com/ It has virus protection and a firewall as well. :D
  8. M

    One post journal

    Sorry to see you leave RS7. I'm sure you'll be much more productive avoiding the "Demon of perpetual time wasting on forums." :)
  9. M

    TRIN exploding!!!!!!

    Gotta like this volatility though! We should be near a st bottom soon. :D
  10. M

    Mistakes

    They should fire the guy in charge of the execution software. They could've wiped out the whole firm if things got wild.
  11. M

    Lies, Lies and More Lies

    Buy. Today we rally because everyone thinks sell.
  12. M

    Pivot Points

    Interesting how todays pivot point on the ES is the HOD so far. At least according to my calculations.
  13. M

    Pivot Points

    I have my own way of calculating S/R beyond the swing point, so I don't use those figures. I just like to know where the line is for certain trades, and if I'm going against the grain I use smaller profit targets
  14. M

    Pivot Points

    I calculated yesterday's pivot point for the ES at 835.50. We popped above it the first hour but it immediately retreated and couldn't breach it again. Things look pretty bearish. The late afternoon rally attempt gave it a good try from the lows, but was met with constant selling. Must be...
  15. M

    IB Universal Question

    Better give yourself a few trading days of leeway at least. I had problems the first day, but they were resolved by day two. And make sure you have the most recent software loaded before trying it. It was new when I switched, so maybe they have the process ironed out.
  16. M

    How do I register for IB's Financial Advisor?

    Perhaps show up personally as Darth Vader? :confused:
  17. M

    Trader Taxation / CPA Experiences

    Here's my two cents on CPA's (after being one for 10 years): They love to create value by designing complex entity structures to exploit loopholes or things the common man wouldn't think of. This creates perceived and sometimes actual value for the client, and also creates work in the future...
  18. M

    Traders' Paradise System coded

    This link takes you straight there: http://www.wealth-lab.com/cgi-bin/WealthLab.DLL/editsystem?id=12188
  19. M

    Finally a Winning Intraday System

    http://www.wealth-lab.com/cgi-bin/WealthLab.DLL/editsystem?id=12188 I tested a few stocks, and they didn't perform well? What were your conclusions??:) Wow! thats a lot of code. You must've programmed many of the candlestick patterns as well?
  20. M

    i want to understand this

    The stock market isn't random because it's interconnected. A trend in stocks causes events like "short-covering" to perpetuate the trend, where coin flips are independent of the previous flip, and so therefore maintain perfect randomness (all things being equal). A balanced coin and consistent...
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