The most volatile stock with a MM sell setup is once again IBM, as
well as COF, Capitol One Financial. Very sharp runup here with COF.
IBM is within 1/8 of a double top, with the first top being at 12/02.
The most volatile stock with MM buy setup is AZO, Autozone. This
stock is also...
This is a fictional trading journal based on some of the fictional principles of a fictional system called Murrey Math.
A few details of the fictional system can be found here.
http://www.webspace4me.net/~blhill/pages/murrey.html
My purpose will be to post fictional charts that fit the...
It has just occured to me that there are some who will do anything to prevent new traders from getting better.
I am going to start a trading journal.
Hecklers will be ignored.
Thanks to all who gave positive encouragement, I am going to take your advice.
See ya'll later!
LOL, I know that it is your greatest wish that I be a paper tiger, but ummmm, there are too many folks that know better, cause they look over my shoulder each time I make a trade.
Get it together and get with the program, WD whoever you are.
OEX is overbought short term.
MM rules say to short at 470.10.
Stop at 474.41
Will revise if very large gap down, or frame shift occurs.
My thoughts only, not trading advice.
Well, If it was such hokum then why did you even bother to look?
All you are is assumptions, and I have better things to do than try to kill a hydra that steals a dead man's name.
This is what is interesting, Sarasota, the lines are actually dynamic. If you can wade through Murrey's convoluted writing, I will be glad to answer what questions I can.
I will be offline for about 2 hours.
Lets see now.
We posted charts early this am.
We said that we would buy ERTS if it reversed off the appropriate line in the appropriate way. It did, so we bought this morning at the open. It reversed and we were stopped out for a 1.6 point loss.
We sold IBM at the open, and we are still...
I glad you think that I am a sucker. We will see who will laughing in six months. No, I have no bought the Gann course, I still see no need at present.
I back my claims with pre and post charts, you are doing what???