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Yeah, I was wondering the same thing. What's this guy referring to? A Quotron? Did he step out of a time warp from the 1980s? Of course, most of the punks around here don't even know what a Quotron was. :p

If you don't think there would be the biggest crisis in this country since the Vietnam war protests if Obama was forced to step down, you're horribly naive of what people think and will do when they think something has been stolen from them.

I voted for McCain and have been a lifelong Republican (verging on Libertarian when the Republicans stray from their ideals), but I can think of absolutely nothing worse for this country than for this issue to get blown into a full constitutional crisis that will make the "hanging chads"...

The dollar's dropping like a rock (finally, after skyrocketing for the past 4 months). I really have no idea how you are able to trade....not just by this inane thread, but all of your others as well. Try googling "yen carry trade" to understand a bit about how all the macro economic money...

Well, unless you've been in a cave for the last couple of months, you'd know that all of them have been going down together as the funds all have to raise cash. So it stands to perfect reason that they all have a relief rally together as well (as previous poster stated, it's all related to...

NOT like he said!!! :p :p :p

Like I said....... :D :D :D

The mere existence of this thread is proof-positive that the EOD rally from Friday will continue on Monday!!

Random - Would you mind expounding on what you call "implications" for the 2X long ETFs? Do you mean that if the index drops 51% from where it was a year ago, that the 2X ETF would need to drop 102%, which is impossible, since it can't go negative?

....as per negotiated by the UAW, and people question why this behemoth shouldn't file Chapter 11 to get rid of all the crap it's accumulated over the years? GM has laid-off workers being paid 95% of their salaries.....how can it ever restructure to save itself with restrictions like that...

Hey Matt - I use bits and pieces of everything I've learned through the years. Each of us has to forge his own path. I chose early on to invest in a several different methods/teachers. Do I regret that? No, not in most cases. I took a lot of courses in college, most of which had no...

Paul - You don't have to be ashamed about using a stop larger than your target....mathematical expectation (% win x $ win - % loss x $ loss) can still be quite postive with a risk/reward ration > 1, depending upon the probabilities (certainly a 99% win rate would do it :) ). So what size stop...

7 pts profit target, huh? 99%? How are you avoiding the periodic chop periods? And what size stop? I've been using +4/-4 pts during 9:30-11:30 and 1:30-4:00 with +2.5/-2.5 during lunchtime (if I take a SPM trade during that time at all).

That's true....no divergence discussed in SPM. But divergence works nicely on the rare times it shows up - e.g. the short at 12:08 and the long at 15:06 today, which happened to trigger just after the HOD and LOD, respectively (of course you couldn't have known they were the HOD and LOD at...

Hey JJ - on that short at 10:44 you mentioned, that was a downside MACD/MA cross above the ZL. The focus on SPM is taking with trend trades (i.e. upside MACD/MA crosses when both are above ZL). I think I recall T28 specifically mentioning that most MACD users look at the MACD/MA crosses...

Well, I'd rather see GE make productive investments with the money, than watch good money being flushed down the toilet after bad with bailout money going into GM, which has a history of never making good investments.

Reminds me a bit of a Murrey Math grid. Don't know if there's any direct correlations there, because I've only glanced at some MM charts, without much study.

Another excellent contribution, NP!! I learned some things from that analysis. Have you kept a record of how Max Pain has worked this year? Unfortunately, there's no way to look back at performance. I'm especially wondering how it did last month. Thanks!

Thanks NoProblem. I used to use another website, but they stopped updating their data over a year ago.

Sadly (but not surprisingly), Stefan forfeits the duel as he scurries out of the arena, wiping tomato seeds from his eyes and cabbage shreds from his hair. He returns to the safe confines of the ivory tower at his beloved university, having disappointed the throngs who had showed up to witness...