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And it makes sense to be short stocks if the dollar is doomed? Take a look at Zimbabwe's stock market. :D

Far from it. We havent even gone parabolic. :D

There will always be naysayers and contrarians, it takes 2 sides to make a market. Its only in hindsight that these people realise they were being foolish by betting on something that they have nearly no chance of winning.

What other lines are there other than trendlines (be it horizontal or diagonal ones)? And thanks for repeating what I just said, lines dont matter when the market is at all time highs, theres no such thing as resistance because its uncharted territory, its all in the mind. Of course I...

I was referring to nodjoi's trendlines, they reflect a more recent trend so it should be more relevant. Think about it this way, trendlines (horizontal ones at least) are supposed to reflect "areas of contest", would you care if a certain price level was contested 5 years ago? Or would you trust...

Quoted the wrong one, this is the correct one. But it doesn't even matter, all "supposed resistances" on all time frames have been ignored, probably due to the fact that they are subjective and only exist in the minds of those who wish to see them. :D

You only know its a top in hindsight. The bears who sold the Naz at 2.5k in 1999 thought they got a really good deal, but guess what? It doubled a year later.

The market pretty much ignored this line: What makes you think that it will respect yours? There's no such thing as a "resistance" when the market is at all time highs. :D

Scalability isnt a problem unless you are trading an instrument with little liquidity.

Time isnt the issue, markets move real slow these days. :D The problem with day trading has always been cost, and its especially apparent in a low volatility environment. Each trade yields less profits when there is low volatility but the cost per trade remains the same, you are almost...

Read that sentence again and it still didnt make any sense to me.

How are they the same when the lengths are different? An 8 tick bar on a 5min chart might look the same as an 80 tick bar on an H4 or daily chart but they are not the same thing.

It all depends on market conditions. Day trading is superior to swing or position trading in very volatile markets i.e Huge ATRs, intraday swings, etc. The shorter the time frame, the more volatility you need to cover the cost of the trade.

Thats false. http://www.primores.ch/404handler.aspx?aspxerrorpath=/files/Documents/PrimSheet%20Index/HFRX%20Global%20Hedge%20Fund%20Index.pdf There were periods of outperformance before 2012.

Its pretty much near impossible to keep shorting this market and do well because its a bull market, in fact most long/short hedge funds have been underperforming the SPX, so even the ones who arent outright short this market havent done well.

They wouldnt be underperforming the S&P by such a huge margin if they were capable of that.

http://www.bloomberg.com/news/2013-10-14/hedge-fund-bears-at-year-high-as-equities-fixate-on-budget-talks.html These hedgies are going to be destroyed, again.

Sorry but Im heading out soon, maybe gmst can do it.

http://www.nytimes.com/news/fiscal-crisis/2013/10/03/republicans-say-boehner-has-offered-assurances-on-default/?_r=1&

Connect the RTH lows of 23/9 and 30/9, its the bottom of a channel (thats obviously no longer valid cos of the boehner news).