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the best way to find out isto do a daily screen for 52 week highs. adjust the numbers to filter out noise...stock 10-500 dollars over about 200k shares traded per day. Right now there are lots of things at lofty levels. you forgot a commodities bubble as well.

$4.5k!!!!!! Wow...budget????? i just have a laptop and an extra sceen. do you really think you need all that crap?

the point is...brain child....that people use these mechanism and hence they often times become a self fulfilling prophacy. do you think that evey wall street frim is paying $250k-$10mm dollars per year to analysts and traders becuse they are lucky? i will forgive your ignorance this time...

come on. speads these days are virtually nil in anything liquid, and comissions are as cheap as they have ever been and getting cheaper. the cost of entry into this business and the ongoing costs (slippage and comissions) are cheaper than any business in the world (well maybe with the...

ok...ill go ahead and say it first. DO YOU OWN HOMEWORK! and you will be better off in the long run. now the real answer to that quesiton is nobody knows...you can only speculate as to how the market or any given stock or call may react. The key to making money on it is careful study...

right...it isnt the position that makes or loses money (becuse if someone buys and loses money, it may have been a lousy short as well based on a lack of good r:r or discipline...not based on the trade itself. time is also another factor. at the core...it is true...DO THE OPPOSITE OF WHAT...

200-500 miliseconds??? were you counting? seriously, how do you measure that? as a side note. i am so glad that my trading style doesnt invlove miliseconds.

i live outside the US...so i only report income above a certain level. but in my country there are ways of taking care of that too. i essentially run a consulting company of which i am not the owner (my wife is...who is a non-US citizen) so i only have to pay local taxes. Luckily...here is...

1. go to work for a major brokerage or instituion to stay on to of the markets and learn more. 2. make trading ideas and decision at night and on lunch breaks. do it woith YOUR money...not borrowed money.

i know a few very small firms. overall they dont do very well to tell you the truth. there are exceptions....like niederhoffer is less than a 10 person operation. I have a fund where i do the majority of the reseach , trading etc. It is really valuable to have other people other opinions...

i was short goog...covered to go to a meeting. i know what you mean.

thanks... moderators...you can kill this thread then...sorry for crying wolf.

buy on the rumor....sell on the news. but still...WTF?????they REALLY beat. glad i am in cash.

WOW. just wow. uless my charts are off...there was 29,000,000 shares traded today at 10:15. lets see 29,000,000x $100 share...

good article, thanks. I like it too, but not going to ride it down. it is nice that we are seeing some correction...helps me sleep at night knowing that things are normalizing.

riiiiggghhht. the nasdaq was holding up great today while oil dropped.

believe it or not....i made a point on that! bought yesterday at 51..sold a little above 52. luck..pure luck.

why dont we all follow the advice of someone who describes himself as "stoned".

agreed. formed a double top. couldnt break resistence at the 52 week high. I am short from 506.

bonne is very long oil and has been for a while...he is going to say that. fact of the matter is nobdy knows. I wouldnt count on it...nobody has a crystal ball.