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    Perfection! Making You Think and Go . . . Huh!

    Uhm, I don't think anyone can argue that markets don't have "support" and "resistance". You need to look closer at what you're saying, support is simply where there is enough demand to overcome increasing supply and cause a turn up in the market as the market's demand curve shifts right along...
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    Hey Jacker Slackers

    i know :p
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    Hey Jacker Slackers

    damn you hypostomus, fine the truth is i want to short 36.50-37 on the Qs
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    Hey Jacker Slackers

    no, my left foot stopped itching and now my right thigh has an ache, time to short
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    Hey Jacker Slackers

    /shrug closed my longs today and going short tomorrow at open it looks like
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    Bob's Bias

    russell 2000, IWM, i believe
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    Is the US government perpetrating criminal fraud with the CPI?

    I believe Greenspan himself acknowledged the various problems with the CPI. Until a better solution is created, this is what we're stuck with. Creating a weighted average index of prices for different regions, markets, and not to mention products is no minor undertaking.
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    is this the future of trading?

    lol, ya, OK
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    Taleb's concept of making an (infrequent) killing with options

    by buying the junes right now, i was insinuating that i would be buying front months therefore paying very little in premium, I would buy the nickel strikes anyways it may be a decent strategy if you have the capital to handle a long term bleed
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    15,000 Dow

    You know, it is a bull market :p
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    Taleb's concept of making an (infrequent) killing with options

    The question is how far out should the options be? If I was running this strategy right now, I would look to buy SPX puts for a nickel, like the june 900s now. I'd probably score big once every few years, a 10 handle move is pretty major. A major terrorist attack is simple a question of when, not if
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    What changes the market ? - Part 1

    Thanks for that cool history Mr. Ross I totally agree with you opm To all unprofitable traders: stop playing with your indicators and read what Joe and opm wrote
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    Making money with calls/puts

    I have a seperate account for options trading and I usually stick to DIA/QQQ options. I buy outright ATM or slightly OTM calls/puts and shoot for about 50% return (I'm talking front month here) in a 2-3 day period, after I dump the position. The key here is to only use a small portion of your...
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    Edge Trading.......does not work

    a fractal is a simple concept, a geometric pattern that is repeated at continuously smaller scales creating shapes and patterns that can not be represented by classic geometry (basically, infinitely complex) as he follows jack's methods, and jack is the only trader i know that uses this term...
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    Edge Trading.......does not work

    I agree with Party Animal, what you speak of is not an edge but merely gambling
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    Wizetrade Journal

    not real-time, real cash
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    Wizetrade Journal

    paper trading is the polar opposite of trading with real cash :) let's put it this way, if Wizetrade (not sure what it is but anyways...) or any other TA or TA tool allowed one to make money, would you agree that hedge funds and traders would flock to it? If so, do you also agree that as more...
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    Yesterday's Astounding One Hour "rally"

    would this be a wall of worry :confused:
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    Wizetrade Journal

    like what? the truth? trading without a structural/informational edge is gambling? i don't think he wants to hear it :D that one was for you barry!
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    Wizetrade Journal

    here's a tip (although you won't listen), stop looking for the holy grail indicator or system and start studying markets
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