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    Do you listen to CNBC?

    If that CBS reject chick is there (forget her name right now, but it is annoying listening to her shrill voice and how she has to talk over everyone like she's trying to prove something) " BINGO,BINGO,BINGO....She usually comes on at 8 and thats signals the end of TV for me...she is...
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    Dow under 13000, the floor is about to fall out, oh the humanity!!!

    sideways for the next few months... DOW 12500-13700....well maybe drop another 200-300 pts from here...same old song and dance...up/down...thats price action what you want, no?thats what lets you make money...
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    Pivotal Day on Jan3rd?

    yup-tomorrow is sink or swim day for the dow...you know the numbers better be bad or it will skyrocket-i think,of course...imho etc!!!
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    Commission Charges

    I trade remote(from bedroom) for 5$ a trade(unlimited i think-at least up to 3000 shares which is what i have traded on a single ticket).My broker is TD izone!!!....they are the secret discount side of ameritrade-really cheap...I dont like their platform so i use quotetracker which is fine...
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    for daytrading...which is most important to monitor for market movement?

    yay! i do get real time nyse tick under symbol $TICK
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    for daytrading...which is most important to monitor for market movement?

    Thanks Don...i meant calculate the sp500 premium or discount by seeing where certain in the money sp500 index options were trading at vs the sp500 index....
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    Do you listen to CNBC?

    i think he s nesto or ernesto or something like that....i liked insana also...he now has his own financial firm/advice thing deal(market top?)...he still makes guest appearances-with his company name displayed of course.... I liked bloomberg better until they got rid of their stock ticker...
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    for daytrading...which is most important to monitor for market movement?

    MAYBE DON or somebody else can tell me how to calculate sp futures...I remember back in the early 90s,one guy at the quote terminal would calculate it by having an sp500 call and put option quote with the sp500 index indicator.Somehow you would subtract the price difference of one or both...
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    Do you listen to CNBC?

    griffeth is still there....he s the only guy i can bear on cnbc...the rest of the people look like theyre trying to get camera time at all costs...I turn it on for all the important govt news releases at the start of the day and kill it after 8am.Pretty useless after 8AM when all the useless...
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    Say GoodBye to Countrywide

    " I don't know maybe cause I caught the dip last time and made nice change. I don't like tight range it is in now....Whats's everyones take on this garbage at the $9 level? ...Why should I be bullish for a position trade for an extended period long? I am tempted" SOUNDS LIKE YOU WANT TO...
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    I Quit

    I think it happens to most of the successful traders....Also most successful millionaires have made it,lost it and made it all back again....Just part of the learning curve....I
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    I Quit

    "Alan Newman of Longboat Advisors has commented for the last few years about how the market has changed. Mostly, the players use larger and larger positions for ever shorter time frames in an attempt to capture ever smaller percentage moves. He mentioned one instance where a player moved a...
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    Jim Cramers Top Stocks of the Year 2007

    CROX....while it duid have nice gains for a while cramer mindlessly was pounding the table on this extremely volatile stock as a buy into their catastrophic earnings report where it got HALVED.Yes he was screaming for everyone to buy it everyday in the last week up til the day of earnings...How...
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    time for 2008 stock picks

    "Interestingly, someone pointed out that if home building stocks track the Dot Com washout, they should bottom around Feb 2008. Tech wreck lasted about 30 months. 30 months from Jul 2005 housing peak is Feb" The financial stocks are about 3-6 months into their meltdown-they didnt start...
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    You Can't Trade Without A College Degree!!

    "I know trading and the markets extraordinarily well for my age (22)-I'm not stupid, I just didn't want to go to college anymore" Employers dont care about whether your stupid or not.What they want to know is if you have the stamina/work ethic to tough out 3 or 4 yrs and complete a college to...
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    I Have Been Trading Since Before The Internet-1990

    you and gurucanduidate take the cake, man! you for being around so long doing a bluprint in 57 and gc for his pioneer-like adoption of antiquated computer machines in his home!!!Oh My God!!!GC should set up a traders museum.
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    Phase II of the Bear Market?

    "The chart says it all. The SPX could not break through its old highs and now its headed much lower. My experience tells me that when price cant shoot over its old highs on volume then we have some trouble. " I think charts accurately record the past.For predicting the future not so...
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    Phase II of the Bear Market?

    "Has the advance in stock prices been driven by growth or inflation? It's not a healthy sign when massive amounts of liquidity are required to keep the markets afloat. If the economy is being driven by inflation then the only thing that will keep things going is more inflation, which is what's...
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    How To Cut Losses?what Parameters To Use?

    "Sorry to intrude into a daytrade heaven but I've noticed that one of the posters mentioned that he/she made more money swing/position trading. Why in the world you'd switched then to the day trading?" NASDAQ melt-up,melt-down,dot bomb,net mania implosion.If you traded in the 90's you'd know...
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    Tax Loss Selling Rule?

    btw,if you bought a stock this year and it is a loser you cannot claim a loss if you sell it in 2008 assuming it is still below your cost price?In other words Dec 30 is the last day you can sell a loser-stock for a write off?
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