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are you sure?

or better in red?

hot or what?

this thread is really funny.

people like these are the most important market participants. they deliver the $$ for the rest. fortunately there are so many of them. :p

well - if one plans to give his shares to his grandchildren - who will probably give them to their grandchildren - who will then sell all the stuff in more than 100 years from now - probably now would be a time to buy (or maybe not).

today the sun is shining - i guess it's time to buy.

this is correct. so - why should any smart man buy NOW? shares are still heavily overvalued. economy shows no real signs of strength.

i don't TRADE with a 30 min chart (1 min. too!). but i use several higher timeframes for watching s/r, etc. anything from 240-3 min.

just a small end of day bounce after test of support line (july 25 / 26) - take a 30 min. chart - looks not so impressive there...

stevet, could you tell me where i can find a (at least delayed) chart of the euro stoxx 50 future? thanks!

right - but somehow nobody wants to hear this. i guess most think the markets are so deep - they MUST be cheap now. absolutely! why is there such a "black and white"-thinking? maybe there will come a looong grey period ...?

just for fun i compared the recent daily ranges of nasdaq100 with those from late 97 when the index also was around 1000. if we get back to such low d. r. ... :confused:

yeah - pic's quality is lousy - but the rest ... :)

sponsored by ... http://www.mrci.com/lbr/charts/20020802/11.htm

mike, tell more about your exits please. let's say you are up 6 points - your target is 10 points (do you work with fixed targets?) - and the market goes against you - how much do you risk of the 6 points - how do you handle it?

somehow i tend to come to the same conclusion. in the last few months the daily range of the es increased considerably vs. the nq. it seems that on the one hand the es has less noise at the moment (for most of the time) - and by far the more rewarding moves on the other side - with ranges that...

getting angry after a losing trade / bad day - try to make it back with the next trade / next day feeling the need to take a trade too many trades per day having a certain bias instead of accepting the prevailing trend

it's just the greed. they are afraid to miss something.

trend fader: I am a slave to the actions of the markets. **************************************************** so am i. trend fader: The point is that I like to think of the markets as a function of randomness that still can be played to make money. Test some random entries into the...