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    whoa did anyone watch kudlow tonight

    Welcome to ET, $$$Lover. Trading is a stressful business. ET seems to be a place for the venting, the insults, you name it. Probably helps some to let go of the tension. Also, it is anonymous, so there is no limitation, except the monitoring from the Administrator.
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    rumsfeld is toast

    Yes, I am sure that a sad day for you is a sad day for America , and the world, and the universe !
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    S&P has topped for 2006

    Well, I am a cautious long at this juncture. It looks like all news are viewed as good news, including the resignation of Rumsfeld, at least temporarely (nice spike on the news). There are surely a lot of people short based on this conspiracy theory. It would need much for them to have to cover...
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    The Best TA Book Ever Published!!

    I think it is bed time for the children !!!
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    The Best TA Book Ever Published!!

    To add to Thunderdog's comment on the need to "personalize" our systems, it is critical to be able to trade the systems we develop, regardless of the statistics, past performance. I know, for a fact, that I cannot trade Trend-following systems, whith their relative low percentage of wins and the...
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    WCI up 4% yet profits plunge...

    I don' not know if / what you trade, but if you do not understand why WCI is up today, then you need to go back to the basic principles of the stock market. In this case, the expectation was for a profit of 8 Millions, which was much lower than last year and so already PRICED. Then WCI comes at...
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    This Rally is Rigged?

    Just curious to know which parts depress you the most. The thread is getting muddy, as often, difficult to remember the topic.
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    This is HUGE bull market

    What's wrong withnew daytraders joining the party ? More fuel.
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    This Rally is Rigged?

    I would bet 1$ that the 8 people who voted yes to the rigged market are short.
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    This Rally is Rigged?

    Could he be conceivable, dear Joab, that some people are actually making money in this trendy market ?
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    This Rally is Rigged?

    The market has been very good to me in the last 3 months or the all year, for that matter. If I can give you an advice, stop asking why, just go with the flow/trend. The why does not matter. The why is too subjective. Only price matters, and prices are moving up.
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    The Best TA Book Ever Published!!

    LOL ! More like 0$ as HG found no value for the book. Meanwhile he did not say that he bought it, only that he received it yesterday!
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    The Best TA Book Ever Published!!

    David, just curious how a book is priced. Why 95$ ?
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    The Best TA Book Ever Published!!

    I hear you Holy, What would you expect from a book on TA ? Could you elaborate because you might be a fast reader , having read more than 300 pages in 1 day !
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    The Best TA Book Ever Published!!

    Yes, it reminds me that joke about why you should not try to teach a pig how to sing: 1. You waste your time 2. You annoy the pig, anyway ! But, I guess, if there is only one person who learn from you, it is still worth the effort. Let's hope !
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    If we go to War with Iran will that be bad for the US Stock Market?

    Yes, Mr Moderator, my BS detector is on high mode with this thread. Sounds like a good topic for the "fair and balance" Fox News before the election. As Montaigne said, "My life was full of misfortunes, most of them never happened."
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    The Best TA Book Ever Published!!

    Many thanks. I am now in my 5th year of trading and this is , by far, my best year. I believe this is happening because I am , at last, trading systems that fit my personality, which is, mainly of scientific nature. I am a very strong skeptic in most areas of my life and I like evidence and...
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    The Best TA Book Ever Published!!

    Total agreement with Money Management as the best (only ?) edge in this business. As far as this book is concerned, I was able to go through it thanks to this "Suprise me" feature on Amazon. I rarely buy books, most of the time I rent them at the Library or make some summaries at the bookstore...
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    Thorn is calling..

    It can also close above 1400. It can also close below 1300 or above 1450. Using the "can" verb is not telling much. You need to provide some kind of probabilities behind it. My take is 50/50 , because I just do not know.
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    How to avoid drawdown when you increase your position size?

    Also, do not understimate the psychology behind your trading ability to manage higher and higher capital at risk. You need to find out your comfort zone in how much you trade. If you have too much at stake, you might not be able to sleep well at night and, most importantly from a performance...
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