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I agree. Love the volatility. This is NOT a buy and hold ( short and hold ) market.

Market will go up, down and sideways, not necessarily in that order.

I do not need to spend $280 for a market data feed when I am trading on a 1 hour chart.

Ha ha! Oh never mind. That's what I get for being a smartass. The cfd that I have access to through FXCM does NOT correctly match the price of the nasdaq. It is showing 2326 right now. Forget my earlier analysis. :D :D

Actually, there is a further inference that he has already expelled all of the bullshit and there is nothing more to expell. That inference is probably bullshit. :D BTW, I call more than 2400 on the nasdaq by the end of 2011. Looking on the day chart going back to beginning of August...

Beau, have you lost 21% of your poor Dad's money?

You also have fiduciary duty to tell the truth, Mr SIM trader.

Bullshit. You don't give a damn about me or my funds. You just want to prove to everybody that you're right. This is very sad.

I don't care if he's right. He has been an insulting asshole with me since his first comment to me several days ago.

Hey BWOL, we're going to challenge the high from early this morning 12234!!! I went short! What do I do? What do I do???!!! :D ... New short term highs hit! Unfortunately, I was on the wrong side of that trade.

I'm going to repeat what I said in another thread! I have taken your insults for several days now, BWOL! Kindly, fork off!

Ha ha! Only a ferw hours ago you presented that as if it were a real account. Now you're acknowledging it is SIM. Narcissitic idiot desperate for attention! Whatever BWOL. When I was shorting this with a longer time frame earlier, I was losing a bunch of money. Now that I am using a...

Hey BWOL! Looking at the chart you posted, I count more than 20 trades in a period of 1 hour. "your broker must love you!" Oh! Wait a minute! That is your SIM account!

And you, sir, are a fool to believe that you can model european politics and its consequences. Given the nature of the situation in Europe, the probability of 13000 is no greater than the probability of 11000 by the end of 2011.

The point I am trying to make, you stupid narcissist, is that you are a fool to make any prediction beyond the day. Just trade the price as it is right now.

800 points in 3 weeks? Quite possible. Of course in the meantime, I'll likely go long and short more than 100 times.

We're not at the end of a sequence of bailouts by the respective governments around the world. 13000 at some point before the end of 2011!

I don't care. I am trading a one hour chart. If I wait for the market direction that you are expecting, I will lose ALOT of money! In the meantime, I am earning money on these smaller trends.

Depends on the time frame. Looking forward 2 years into the future, you may be right. Looking towards the end of the week? I think there is likely a bullish bias because of the desperate effort right now to make Europe look salvagable.

The DOW hit a high of 231 early this morning.