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stoney 6/7 is a saturday....where did u get that date from btw? but may payrolls release on fri 6/6......market expects -50k but today's ADP number beat estimates by 70k anyway, i agree that friday is going to be a very significant day

i'm not an obama supporter but if i were him i would pick a somewhat cute (compared to hillary) older white woman (like nancy pelosi)...........to satisfy dissapointed older white women.............and as a way to diss hillary who has dissed him so many times.

look out for endless hurricane rumors as a new way to manipulate the price of the energy complex higher

great point a trader that has no discipline in sticking to a trading plan usually lacks the discipline to quit trading because his just doing it for the ego and the action anyway - not the money he will only quit when the wife threatens to leave, or the home goes into foreclosure, or gets...

in the US 35 billion goes missing every single month gummint is the biggest mafia racket in the world thats why vito corleone wanted micheal to be a senator or governor

the worst thing a trader can do is "stalk" a paticular market whether its ES or their favorite stock, etc. u have to be flexible during a tulip bubble, u want to trade tulips during a tech bubble, trade tech stocks during a housing bubble, trade housing stocks during sideways...

its FOMC day everyday in some market for CL its every wednesday at least for ZN its everyday there is an economic data release stay away from limp markets that have no reason to move

market selection is the #1 most important rule of trading never trade dead, trendless, limp markets more volitility = more emotion = more inefficiency = more profits ES is okay for swing trades and huge trend days but to daytrade it every single day is just a waste

too bad we, in the US, can't trade it

stoney, what is your strategy for the second half of the year?

smells like capitulation

japan and many large nations routinely and sucessfully manipulate thier currencies in the open FX market.......so how hard would it be for nations to gang up and squeeze the shit out of the short term, weak, momo bulls in the oil market?

this is the most insane move ever people are starving and dying from these oil prices and the resulting food inflation punk ass arabs and wall street banks getting filthy rich and no one want to put the smack down on crude oil

children gonna die from this irrational move!!

i'm not holding any overnights right now on monday i will sell at 1430 and 1435 on the september es contract and then sell all pullbacks once we break i will hedge the swing position by daytrading the june contract i see the 200 sma as resistance and 50 sma as support......and i don't...

selling premo is a very seductive strategy.....it is the crack/cocaine of trading so a lot of lazy traders are attracted to it the high % accuracy is very comforting to the ego but there is absolutely no substitute for having an accurate view of the underlying direction/trend or lack...

when will it happen? any details? the suspense is killing me http://www.interactivebrokers.com/en/general/about/mediaRelations/11-29-07.php?ib_entity=llc http://www.securitiesindustry.com/news/21743-1.html

we will touch the 200 sma on the S&P we may break it but it will be a false b/o the area between the 200 and 50 SMA is going to be a trendless sideways choppy action until some very unignorable negative unemployment news comes out

he is a billionaire trying very hard to be a millionaire he is the permabear version of permabull stock_trd3r

also, where the f--k is interest charged/earned listed? i have a retail account what a weirdo broker the assent clearing site is one big unfunny joke