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  1. J

    AHG - Profitable Strategy for Struggling Traders

    My chart didn't attach. These are the fibs using snapmode in tradestation.
  2. J

    AHG - Profitable Strategy for Struggling Traders

    Anek, are you familiar with "snap mode" on the drawing dropdown menu? It will put that white square directly on the actual high (2204.00) and low (2145.75) for better accuracy (for the totally anal! :D ) I also lost a little money today, but strangely, I am encouraged because I...
  3. J

    Citi coming back!!

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=106561
  4. J

    Morgan Stanley Traders Lost $390 Million in One Day in August

    Indeed!! Why are they so enraged? It does get funny after a while. I have another one for all of you deep thinkers. This one generated about 100 pages of discussion on another forum. Interestingly, in this case I also initially came to the wrong, incorrect conclusion. However...
  5. J

    Don Bright thinks market is "way overbought" !!!

    I have the print edition delivered to my home (courtesy of airline miles) :) but with the help of Google, I give you: http://online.wsj.com/article/SB119224232269758211.html?mod=googlenews_wsj
  6. J

    Don Bright thinks market is "way overbought" !!!

    In case you missed it, today's Wall Street Journal, and frequent ET contributor :D :D Market sure is overbought. I wouldn't be surprised to see them ramp it up again overseas on thin volume early Monday morning so we have another gap open.
  7. J

    sell goog, sell bidu, buy everything else

    I don't think it is anything more complicated than higher prices bringing in more buyers which makes the price go higher. That model stopped working in real estate so there is a lot of money around that will be attracted to anything that is moving up.
  8. J

    Was C really up 1 point after the close?

    Citigroup closed at 47.87 on Friday, -.45 But I am showing prints up to 48.90 after the 4pm close on Friday. Is that for real? Was there some bullish news out late? They are releasing earnings Monday morning...
  9. J

    Morgan Stanley Traders Lost $390 Million in One Day in August

    you know, I really am sympathetic(not actually the OP) because I had a hard time accepting the fact that you should always change your choice with a 3 cup (or 3 curtains with Lets Make a Deal) problem. It wasn't until I expanded the problem to 100 choices that I saw the logic in...
  10. J

    Morgan Stanley Traders Lost $390 Million in One Day in August

    Let me try again. If you start with 1000 cups and pick one cup that you think has a coin under it, your odds of being correct are 1 in 1000. Now if Monty removes 998 empty cups (because he knows which cup has the coin under it) and you are left with 2 cups, including your first...
  11. J

    ES Journal Archive (2006 - 2008)

    53 pt range in NQ... sheesh.
  12. J

    Morgan Stanley Traders Lost $390 Million in One Day in August

    For those of you pondering the Monty Hall problem, I also had a hard time accepting the right answer until I looked at it this way: Instead of 3 cups (or 3 curtains), imagine there are 100 curtains, and you choose 1 that you think has the great prize behind it. Monty then eliminates 98...
  13. J

    ES Journal Archive (2006 - 2008)

    Does that mean you are long NQ and short ES ? How do you ratio that? 2.5 : 1 ?
  14. J

    ES Journal Archive (2006 - 2008)

    somebody must have said something about something... :confused: bond went from + 16 to - 14
  15. J

    ES Journal Archive (2006 - 2008)

    treasuries doing a complete reversal here.
  16. J

    AHG - Profitable Strategy for Struggling Traders

    oops.... back broken... now what?
  17. J

    AHG - Profitable Strategy for Struggling Traders

    Also, yesterday's high on QQQQ was 51.07 Today of course opened much higher and only got down to 51.14 so gap remains. Havent seen these prices since 2001.
  18. J

    AHG - Profitable Strategy for Struggling Traders

    Anek, have a great vaca! :) jd, thanks for clearing that up for me. Your charts are on exchange time, mine are eastern time and the price action was so repetitive I got a little lost. Should have been able to figure that out myself!
  19. J

    AHG - Profitable Strategy for Struggling Traders

    cx, I just drew the same lines on my chart (The purple ones on your chart) (before I saw yours) ... if it's a triangle we broke to the downside. of course, now we have a double bottom at 2059.25! :confused:
  20. J

    AHG - Profitable Strategy for Struggling Traders

    jdconner, I am confused by the chart you posted. You have a note at the bottom, "didn't close below middle swing on double top? " What double top are you referring to? All that price action is occurring before there was a double top. Where you have a green circle marked...
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