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  1. B

    Sell in May and go away, again in 2008?

    Another set up would be nice if nasdaq will close very close to its low of the day and will gap lower tomorrow to form a one day island top. One of the best plays in the bear market.
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    Sell in May and go away, again in 2008?

    So far it was sell in October and buy in March. I hope S&P will make it's run to 200MA and Nasdaq will not follow.
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    Inside Real Estates Black Hole In Search Of Fantastic Opportunities

    Has anyone ever heard a term Time Value of Money?
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    $125 oil

    Spot prise is not a retail prise. retail at the pump $3.85-$4.00 for regular
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    $125 oil

    No I am not kidding. Price in Los Angeles has been flat for about a month now. This is a Spot prices for L.A. 3/28 $2.921 4/4 $2.957 4/11 $3.012 4/18 $3.056 4/25 $3.066 5/2 $2.951 Retail average for west coast 4/21/ $3.801 4/28 $3.845 5/5 $3.857
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    $125 oil

    I agree because no change in price at gas station. And a lot of top callers.
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    Thanks Fed for the $124.00 oil

    Maybe you could tell me than, how many people do you know that stopped buying gas because it is $4.00? If consumer pays $4.00 per gallon why oil companies should sell it any cheaper? Oil went from $100 to $125 that is a 25% increase. Gas prises didn't go from $4.00 to $5.00. Why not?
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    Thanks Fed for the $124.00 oil

    This is not up to Fed $ was 1.6 and oil 95-100 today $ 1.54 oil 124 other countries oil consumption went up. simple supply/demand. How many people do you know that stop filling up their SUVs because gas is $4.00? demand goes up every day.
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    Urgent Message From Rennick

    http://elitetrader.com/vb/showthread.php?s=&postid=718474#post718474
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    Urgent Message From Rennick

    I do not know anything about lies. but 8% of profit trailing stop loss makes no sense at all. 1 tick is 100% of profit 2 ticks is 100% of profit minus one tick will trigger a stop loss because it is minus 50% of profit even with 10 ticks in your favor 1 tick against will trigger a stop...
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    Urgent Message From Rennick

    It will never work for my trading. 5 NQ on tick $25.00 Even if I am up 10 ticks $250 - 8% stop is $20.00 less than one tick. If I am up $1,000.00 - 8% is $80 about 3 ticks At which point you start using 8% retracement?
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    Just when Joe Public was tired of shorting

    Just my opinion Until S&P and Nasdaq screw with it 200MA this market is not going down. Markets might have a pull back before reaching its 200MAs
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    Urgent Message From Rennick

    Don't be so hard on William. He's been honest from day one. This is his quote from more than 2 years ago. http://elitetrader.com/vb/showthread.php?s=&postid=960696#post960696
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    surfer nailed moved today in YM

    what if there aren't any?
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    9:35AM, May 05, Who Is Shorting NDX

    by the way risk..... why short seller must pay dividend?
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    9:35AM, May 05, Who Is Shorting NDX

    You have bee calling tops from 4/28/08 lets take QQQQ for example. since I do not want to search your useless posts I will use highs of the day as a buy signal (I will buy high of the day from 4/28/08 on QQQQ) 4/28 47.62 4/29 47.76 4/30 48.06 5/1 48.72 5/2 49.19 Today not closed...
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    9:35AM, May 05, Who Is Shorting NDX

    riskfree Do you realize that if you would buy and add to your position each time you called a top you would have made more money with much less effort. Take a look at your post history and you might learn something.
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    Inflation #'s were fudged to keep positive GDP

    I didn't have time to read your link but GDP number stayed positive only because of the government spending. Remove the government spending and we are in a .....
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    They May Have Lied to You. Click Here to Read The Truth

    Like I said before. You do not know yourself what you are asking. Some brokers will not allow you to use gain until next day. How can you calculate your problem if you do not know by how much stock will drop each day? How liquid the stock? What if you are the only seller? Now you need...
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