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From the WSJ: "Shortboy, a Web site operated by short-seller Bill Ginsberg, boasts 200 paid subscribers whose short activities run the gamut. Mr. Ginsberg says a theoretical portfolio based on the trades of his subscribers would be up more than 17% this year, compared to a drop of more than...

As I recall, the Hurst was interpreted as: 1/2 = purely random Brownian motion of the series >1/2 = the more above 1/2 the greater the tendency of the series to follow through in its current direction (i.e., trendiness) <1/2 = the more below 1/2 the greater the tendency of the series to...

You can't count on the Nasdaq's pre-market indicator to give you a 100% accurate view relative to how the futures are trading. The pre-market number is computed based on what's trading before the open but every stock in the index isn't trading pre-market with sufficient activity to provide a...

Yes - it'll do tick charts. Quick question though - I personally never found utility in tick charts. So in your case, what do you find the advantage of a tick chart to be versus using a conventional 1 or 5 minute chart along with a T&S scroll? Thanks.

Yep - that's true of holding ANY position overnight - not just index futures. Stock positions were similarly whacked as a result of 9/11. A catastrophic event could occur but lucky for the market everyone doesn't rush to get flat by end of day every day. If you routinely hold a position...

Here's two cents - Seems a couple of people might be confusing "swing" trading (which typically implies intraday setups and position management) with "position" trading (which usually has little or no-intraday aspect). The former is relatively low (or at least controllable) risk, the latter...

A 3 day percentage change similar to that of MSFT doesn't infer any actual underlying correlation with MSFT. For instance, you could very easily find a 3 day %change of let's say 10% for both MSFT and XOM on some particular day - but one could hardly consider them correlated. Being able to...

The New York Federal Reserve has stepped in on a number of occassions and started buying index futures to try to stabilize things. Wouldn't be a surprise if there was a little of that going on after the Worldcom blowup too.

Gee and you don't suppose maybe Georgie is short a bunch of USDs and trying to talk them down even further??

sunny - methodology of trading off any form of support/resistance is the same regardless of how you use derive it and a number of books discuss support/resistance trading.

Eric - The primary point was that whatever grid you overlay on your chart, it standardizes it across different renderings. Then once you draw your angles based on the grid rather than a protractor on the screen, you can reproduce that same picture regardless of how you change the width and...

Pit traders used them a long time ago. But most have replaced them for more sophisticated computer analysis of support/resistance. They still seem to work sometimes - probably because there's a new crop of retail traders who've "discovered" the idea. I compared the old pivots with more...

Probably nothing worth having. Commercial software that's worth a damn isn't likely to make their source code available.

Eric - The problem with your thesis is that your assuming non-standardized chart geometry. As you observed, you can't just lay a protractor on different screens and get the same results. To uniformally apply a chart angle across different chart scalings you need to compute it from a...

There are a couple variables at issue: 1. Whether you're scaling out at a fixed point level or based on key support/resistance areas. If the former, then depending on what you set X at will affect the overall net performance vis a vis full position exits. However, strategically taking...

No data gaps here through either QCharts or Trade Prospector. L2 is working too. Maybe it's a SWP problem - do you see the problem in QCharts? I'm connected to Boston.

def - Sweeping cash to the equity side is great and maximizes account insurance protection. Presumably the equity/cash side is covered by SIPC and supplemental insurance like a normal equity only account? How is cross-margining done (or is it done)? Cash on the equity side (which it...

I've tried a number of different EW analyzers just to see if any were worth a darn and have found Elliott waves in general to be a terrific HINDSIGHT tool. Every EW enthusiast I've ever heard or read will simply say that "they had the wrong wave count" when their EW prediction turns out...

lundy - As you noted, you're not really isolating your exposure by having two accounts. Losses in a futures account are NOT limited to the amount you have posted for performance bond. If you took a big hit in a single day greater than the assets in the account, the broker has the right to...

Something to consider - Before you cancel your emini quotes, you might want to consider simultaneously using charts for the SPX, SPY and ES02U (or NDX, QQQ, and NQ02U) with their respective intraday support/resistance levels noted. The three are dynamically linked and sometimes you'll find...