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Why not just ignore the clown instead of engaging in petty bitching with him? The subject of this thread (the ST Index) is actually quite interesting so let's keep it that way.:)

You could draw a similar line at the start of the last big rally. Drowning men will grasp at straws...

And he wonders why he keeps losing money...:D

No. Very negative. Time to load up on putz... :p :p :p

Interesting analysis. The DJIA is looking similar now to how it looked in early April at the start of the last earnings season. There was a double bottom followed by a 50% retracement then we rallied almost 1500 points in 2 months. We reached the 50% retracement today so all we need now is...

Why don't they introduce a futures contract based on the NYSE composite index? Edit: apparently NYBOT already do one. Why does no one trade it?

I also have him on ignore. Must piss him off making all those posts and only 2 people are reading.

Thanks for the links. Not the website I had in mind but they contain similar material and should be helpful.

I remember months ago I followed a link on this forum to a website that gave a good introduction to corn trading. It had some documents and videos on the planting and harvesting cycle, seasonal trends, the uses of corn and a few other things. The trouble is I've lost the link. :mad: It was a...

Stop bashing the guy for trying to predict. All trading involves prediction. You can only "react" to something that has happened in the past. You only profit if you can use that information to make predictions. Some people trade on a purely intraday basis, but they're still trading on the basis...

You've been bitching at each other like a couple of whores for 5 hours now. Have neither of you got anything better to do?

It's not often the Dow rallies for a week then drops 1% then rallies again the next day. Expect at least some continuation selling before the dipsters come in (if they come in).

I was getting confused. Last time you went to Germany the markets tanked so keep us informed next time you go. http://www.elitetrader.com/vb/showthread.php?s=&postid=1489827&highlight=germany#post1489827

I thought you had a German model girlfriend?

The dollar isn't going to collapse. It's still strong against the Yen but is weak against European currencies which isn't surprising as they're raising rates at a time when the Fed is on hold. The weakening dollar has been all part of the plan ever since the G8 started talking about global...

Wow that's a first. EqtTrdr is officially bearish. Maybe a lagging indicator but a very reliable one.

You didn't say within one minute. That's quite a move but then it was out of hours for the DAX so the lack of liquidity would have contributed to it.

This time last month would have been early June by my calculations.

It went down 200 points this time last month. Not such a big deal for the DAX.

"Let's see what happens" is great for commentators but useless for traders.