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I avoid those slow-grinding uptrends as I think they are much more difficult to short than the parabolic moves. I'd much rather have something that went up like a rocket and then have a bunch of longs that are itchy on their "windfall profit protect" trigger finger. Man, what an uptrend since...

Yep. Pittsburgh Penguins futures...

I think this depends on how well you can identify a trending range or a trading range. Pretty much any oscillator (stochastic, rsi, etc) works great in a trading range and same goes for trend type indicators in a trending market. The wrong indicator in the wrong market type will probably chop...

I'm going to go out on a limb and say that if you are marketing that system/equation using anything remotely close to what you describe here, it's going to be the sound of one hand clapping in the air. In science/math/engineering, equations/concepts are crisp and with minimal flair. Think...

Doesn't that just mean you're on the "+" side of the sum? :)

It's kind of contrary to the "buy and hold" approach. If you have found some particular stocks that have proven to have longevity, I think it makes more sense to hold those for the duration (collecting the dividends). You then hedge in the shorter term with puts/inverse on the major index with...

Stockfetcher is amazingly flexible and if you can live with week old results, it's free. If not, it's going to set you back a ridiculous $25/quarter. There are a lot of pre-defined screens to get you started and a pretty good user forum as well.

This is kind of a "swing-for-the-fence" trade, so in that instance, I'd rather buy longer term OTM options (maybe mix in some verticals or calendars to offset some time decay) and keep a good chunk of my cash unexposed. Right now you get about 5k shares off VXX for $100k. You can get Sept 25...

I'll second that. They offer Renko charts, which I haven't seen in many places at this price level. Also, if you want BATS stuff for free, look up freestockcharts. They use a BATS feed. You've got to put up with ads, but the charts are actually quite impressive.

I like Altria (MO). Nice dividend and people will give up a lot of things before they give up their smokes. A second is Pitney Bowes (PBI). Hefty dividend, something like 20+ years of increasing dividends, 49% payout ration, and 79% owned by institutions.

So AOL is up 42% because they sold a bunch of patents to Microsoft. http://money.cnn.com/2012/04/09/technology/aol-microsoft/index.htm?iid=HP_LN&hpt=hp_t3 Any thoughts on AOL as a potential short candidate? PROS would be that: 1) People who bought low may want to ring the register on the...

You do realize that this was an event that took place on a closed market day prior to a major worldwide holiday weekend? Of course you do...

I've recently taken to listening to podcasts instead of music while jogging, driving, etc. I listen to the Ray Lucia show (which is very informative), but that deals with almost everything financial EXCEPT trading/investing, so I was hoping to find something to complement it. If you know...

I didn't see anything that mentioned 10 years. I did see lots of "we believe", "planning", "working on", "identified", "two of three" type statements. That sounds more like phrases to pull in venture capital and less like anywhere near an economical process. Unfortunately, there is a huge gap...

I know he's kind of come off as an AH and pretty cocky for 1 contract, but: 1) It was a call in real-time, before the move occurred. 2) There was a stated profit target...again, ahead of time. 3) Hell, there was even a fill posted. 4) Double hell, as it stands, the trade right now is even...

Burden of proof ain't on me, bucko. Anyway, you're right, color me silly for not taking you at face value.

Kind of "sham-rocky," but much better.

Spot on description...

Those last two wicks aren't looking so healthy...I'm just saying.

I think you will find it more commonly referred to as "stop and reverse" There isn't a special order for them as far as I know. You either just: 1) Increase your stop position size beyond your current position. When the stop is filled, you will now be "reversed" by whatever amount beyond...