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  1. M

    Chavez: U.S. planning to invade Venezuela

    I apologize for misconstruing your post. I was under the assumption from the wording on the post that you condoned an invasion. As much as I dislike the imbecile Chavez who I think is taking Venezuela down the shitter under the pretext of trying to help his poor, his rhethoric in no way...
  2. M

    Chavez: U.S. planning to invade Venezuela

    So stop buy those fucking Hummers and start carpooling. You're actually justifying and invasion based on the premise of "He has oil, which he can use against us". You're going to go send young kids to die so you can fill up your goddamn hummers with cheaper gas? How fucking outrageous...
  3. M

    YM Traders

    JM, from reading your posts, imho you have some ways to go with overcoming emotional attachment withyour $. It'll start when you go from ...."I can easily make $1000 a day" to .... "I'll focus on my setup and let the market decide what I make today." Focusing on the money aspect is extremely...
  4. M

    YM Traders

    excellent marked up charts. I was trying to explain this exact same senario you wrote up in your chart when I posted the following ............... If the price is far away from major support and close to a major resistance I'll wait. and see what happens at the resistance area. Demand...
  5. M

    YM Traders

    You're on the right track JM. Although I doubt you'll last long with such a small account size. Have you thought of joining a futures prop firm and getting a paying job in the weekends? In your situation that's what I would be doing. I noticed you were bullish EOD yesterday. Good for you...
  6. M

    YM Traders

    I use 15 min to look for trade setups and 5 min bars to time my entries. the 10 handle stop came from collecting data on my stop outs over many months and works well in the intra-day timeframe I trade. For longer multi-day swings I don't keep stops. I don't doubt the veracity of...
  7. M

    YM Traders

    Quote from ripcat: Traders . How many pts do you most of you guys use for stops? Is 5 to tight for YM? Anyway tips would be helpful. I try to keep a hold on my risk factor but at times I seem to get bumped out too soon. I find YM has average noise of 10 , so thats what I use...
  8. M

    Forbes $30-$35 Oil Price Prediction

    I don't think alt. energy is a matter of "Cost" anymore but a matter of national security. To hold the entire economy and our foreign policy hostage to the politics of a few rabid arabs runs tantamount to treason in my book. As for the cost of commercialization, as with any infrastructure there...
  9. M

    GOLD - The Next Huge Bull Market

    I'm bullish on Gold, but have'nt figured out why Silver keeps on getting hammered lower. Everything I look at says stocks going lower, Bonds and Gold going higher.
  10. M

    YM Traders

    Looks like a good entry imo for a short term long swing. We're probably going off into a range till FOMC announces new rates. Bonds selling off, so I assume rates go higher. I'll wait till I see demand above 10605 before making a long commitment. Demand at 10605 takes us to 10660.
  11. M

    who thinks the BIDU p&d was not planned.

    gharghur2, my question was how does one effectively devise a *long only* strategy and make "a lot of $" as posted prior. Yes, obviously the most logical and market savvy trade would be to realize the new deluge of shares coming into the market and wait for the opportune time to short...
  12. M

    who thinks the BIDU p&d was not planned.

    Can someone explain how you would trade this info? These IB's could purchase 481,304 shares at $27.00 ( from where? were these warrents? ), if so how would that really effect the float except that now you had more outstanding shares available either to short or sell into the open market. So...
  13. M

    Forbes $30-$35 Oil Price Prediction

    http://journeytoforever.org/biofuel_library/methane_bate.html From: Mother Earth News Issue # 8 - March 1971 Harold Bate and his Marvelous Chicken-powered Car by Rod Chadwick Harold Bate, British farmer, thought running his car on chicken manure would be a logical way to beat the...
  14. M

    warning about new Zonealarm update

    Thanks for the headsup. :)
  15. M

    Steve Schonfeld...a billionaire?

    http://www.elitetrader.com/vb/showthread.php?threadid=42113&perpage=6&pagenumber=1
  16. M

    Euro Crashing

    Try finishing high shool before posting "crash" predictions.
  17. M

    long-rumored "Plunge Protection Team," True or not True

    save your ammo, watch and wait. More a market is manipulated more drastic the correction. Look at the Nikkei. Similarly going to be like winning the lottery for those who have good short entry and keep on pyramiding short position as we go back to 10 year lows.
  18. M

    Do Traders have a high alcoholic Rate?

    So what is it that these rich powerful drunks talk to you about?
  19. M

    YM Traders

    If you guys want to short. Right about here is a good entry. 10720 risk 10740. reward 10680.
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