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On his first day back Steve Frank (Harvard Boy) just informed viewers that although we all use phones, it does not necessarily make stocks like WCOM and ERICY good investments. That is some pretty valuable information, I always wondered what an Ivy league education could teach you.

Do you even bother to read the posts or just enough so you can come back with one of your witty and always insightful replies. I do not have any definitive system for trading and rely mostly on simple charts and what I have observed from watching a quote screen for the last seven years. The...

I have asked myself this question many times and have decided it has more to do with my emotional state and market conditions than anything else. A day like yesterday where things were getting whipped around at a frantic pace I find myself cutting losses quickly and at the same time closing out...

I am glad to hear that I am not the only one who had a tough time today. Nothing more frustrating than having a bad day when it feels like the rest of the trading world is celebrating. As far as this 1% debate goes, how would someone who derives all of their income off of a small trading...

I have to say that was the most pathetic story I have ever seen on CNBC. The worst part is people who have lost everything could not even relate, because at the end of the story her buddy talks about her jet setting ways and they show her shopping for shoes. Nobody wants to hear how some rich...

I believe her husband is Jonathan Steinberg. He was the CEO of Individual Investor Group, used to trade under the symbol INDI as high as $15 share, now trades under the symbol IXDP for 4 pennies.

Vinny, I really don't care to spend time looking up Shortboy's past 6 years results. I'll take your word for it that he beat the S&P since 1996. I just think it is misleading to brag about being up 17% by shorting stocks in a market which is down 19%. I believe it was just another piece of...

I did not understand why the Journal would bring attention to a short oriented stock picker who underperforms the S&P when I read the article and after reading this board I am still waiting for an explanation. I know others have brought this up but I have not heard an answer from Vinny. How do...

I am not suggesting people go out and buy the stocks I mentioned nor am I long the market. I go home flat everyday but I like to have a slight bias or idea on where the market is headed. My only point was that people should not dismiss a rally as meaningless when you see stocks, dead cat or...

The issue here is not whether we will be going straight back down or straight up. What people need to realize is this market was extremely oversold. More so than most of us realized. The fact that the S&P has rallied 16% changes the market dynamics. The easy money will no longer be made...

Interesting little debate going on here. Even though it is useless to try and predict where this market is headed, the people who expect that this market will head straight back down do not seem to realize the SPX has just moved 16% off its lows leaving a lot of people behind. You will most...

Even if you don't count cards if you can play blackjack following the basic rules and using proper money management the game can be beat. The key is knowing when you have a streak going and bet accordingly the rest of the time just keep your bets small waiting for that streak. There will be...

There is a story in "Reminiscences of A Stock Operator" about several traders who decide they want to purchase a $10000 fur coat and they will just have the market pay for it. Of course everyone of them ends up taking a loss in pursuit of this coat. The lesson of trying to make the market pay...

I might as well include myself in this category after giving up half my gains for the day in the last 1/2 hour breaking all my trading rules in an iliquid market. Hilarious!!!

There are still a lot of people out of their that pay up for a stock first thing in the morning because of some analyst recommendation or fluff news piece.

Not an expert on charts or anything like that but the easiest trade in this market is shorting stocks wich breakdown on good news first thing in the morning. Just look at the action on the semi-equipment names this morning Goldman served up a perfect pitch this morning with an upgrade, as soon...

I can not believe the problem I had today. I bought some AMAT at 15.2 pre market and placed an order to sell it at 15.3 when the mkt was 15.42 15.44 the order status went green and showed the sell. A few minutes later I found out my fill was 2.75 so I called customer service and they saw the...

I am also pretty new to these boards and don't know much about Don except that he posts on a regular basis and seems to offer advice to those who seek it. If 777 would actually like to state an honest opinion I'd love to hear it, but insulting someone in such an abstract fashion without any...

Don't know about the losing money part, but the fact that I have only taken about 5 days off in the last 2 years shows I might have some kind of problem.

DATTrader, I also wish to thank you for saying what a lot of us are thinking. I have been having my best month in a long time and can not help but be depressed about this whole market. While I am glad to see the excesses of the bull market disappear, I know a lot of people who are suffering...