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    Armageddon

    I can't see those at 0 either. But I can realistically see csco at 9. The only thing keeping the market up honestly, is the hope for greenspan. And that will most likely lead to the final crash as there is little rally after his bp cut. I think a lot of people have been holding out and hoping to...
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    Armageddon

    I know i've been hogging things today, but I want to just give you one more post. I compute a "ratio" every night. It is usually quite acurate in predicting the next trading day(it's been wrong 2 days in the last 6 weeks). It's been negative this week (with the exception of thursday), but for...
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    bottoms

    I think that everyone who's looking for this bottom, should read this article. I think that gary b. smith really hits on something great. It has changed my thinking on http://www.thestreet.com/comment/techforum/1348170.html
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    great new pattern

    Ok, sorry, but I was megga buisy trading this week, and doing charts. There's lotsa volatility, and I wanna capture it all. Thurs was my best day ever, and I guess I'll go over a few of those trades that fit this pattern. Then I'll switch to friday's trades (I lost on fri). DLTR: I faded the...
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    NYSE Specialist Practices

    It won't be affected. It will just lead to institutions not giving their full intentions on the "book" but instead orally. Like, I have 200k to buy "around" 20.5 so the specialist shows 10k to buy there, and knows to work in an order just above that price, so he can print there if the market...
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    NYSE Specialist Practices

    The opening print is done manually. Im sure of that.
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    Anyone useing Herzog?

    I think it is 20 bucks each way for 1k shares on the nyse, but who cares. If i play 1k shares, i want at least .3
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    Trading schools-good or bad?

    Forget schools, get the tradingmarkets book of trading patterns, and just loose money the way we all have. That's the way to learn. Its the only way. But expect to loose 10-30k, maybe more.
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    NYSE Specialist Practices

    I still think they execuate a fair market. Yes, some hold prints, and yes they manipulate. But what's the matter with manipulating a market. As long as they are liable for any order comming in while they try to move the market, then it's still a fair market. Lots of hedge funds accumulate shares...
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    Is capitulation at hand ?

    Just so you know, I think we go much lower. This thing is really getting nasty, but the search for a bottom has been elusive. When you washout, you question every move you make. It feels like knife catching in the worst way. We've all done it and felt the burn as it slices through you. It's when...
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    great new pattern

    Wow, That's WAY,WAY too granular for me. I just like to do it by eye. I just look for 3+ down days with the last one having the most volume. But i'll get long if i see another higher volume day. I use rather large positions on the nyse ones (1500-5k), but that's mainly b/c i know when im right...
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    Anyone useing Herzog?

    but their market orders are superdot i think. I haven't traded with datek, so I wouldn't know in all honesty. I still recommend cyber.
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    Anyone useing Herzog?

    I think all brokers but datek charge the standard nyse commision rate of 1c a share on the nyse. So that is then irrelevant. I think all brokers route through superdot, so if you are only going to trade nyse, datek isn't a bad choice. I just don't mind paying a bit more to go through cyber and...
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    great new pattern

    Look for a serge in volume, that shows the "blowoff" bottom so to speak. That's when the last bulls throw in the towel. On mrx, you can see a large block down there, so I bought then. I just scan every hour for the most down stocks, and those with the largest increases in volume. I really can't...
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    NYSE Specialist Practices

    I emphatically love the specialist system. It is significantly superior to the OTC system. It is quite obvious that it's manipulated. However, it's quite profitable if you are constantly on the same side as the specialist. This makes trading significantly easier. Rather than watching 20 mm's and...
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    great new pattern

    I am very willing to continue posting trades that match this pattern if you want and I'll even post my entry and exit points in real time if not too buisy, but I think we should make some rules on what types of stocks are to be posted. I don't want to be seen as a hype artist. Instead I hope to...
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    great new pattern

    jeffrey, none of those fit the pattern b/c they were missing the volume serge. A better example is mrx which i bought 1000 of @39.20 today. I already sold for 2 pts, but may relong again. You need the volume serge.
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    Is capitulation at hand ?

    I want to believe that we are close to a bottom as well. But honestly, while the people on this board are quite pessimistic (myself especially) I don't think the investing public are. I want to use this example. I just got back from a bas mitzvah. My relatives know that I'm pretty up to date on...
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    Is Everyone Just Sitting On The Sidelines?

    I don't trade many of the "known stocks" If i gave you a list of what I traded on fri, you've probably only heard of maybe 20%. As a result, most are rather low in volume (usually under 2 mil). My stops aren't rigid lately. Instead, they're rolling. Lots of pyramiding off bol band hits on the...
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    great new pattern

    I got a pretty good one from dsgx this week, but it isn't as liquid, so I didn't post in real time b/c I don't want to be known as someone who hypes stocks.
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