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Congrats! A very good call and a very mature execution style! I'm jealous :)

You are right, of course. The biggest problem with my sentiment gauges is that they could never tell you how much of the reversal you are in to. Today it signified correctly a pull back at around 12:25 pm (see the time stamp on my post). The problem, of course, was that this pull back was...

I have my own opinion on EBAY: CUSTOMER CONVERSION RATE. Unlike any free service EBAY converts 60 - 70% of their clients into the money generating machines. Where all other rivals in this business convert 2 -3% of all opened accounts into a cash flow. Give it a couple months. You'll see...

Agree. All my TA based indicators are screaming "BUY", except the sentiment gauges that have turned even more negative now. We will see. I hope it works out for you. Good luck! I'm still selling calls.

Yes, I understand and respect those technical signs. However I trust more to my sentiment gauges (no disrespect or arguing here with TA). I thought that it would be nice to have non-TA based observations as an alternative to well-known chart patterns. As you know, I don't use charts at all, I...

Yes, I still hold EBAY and had many roll overs on calls. I will hold EBAY long term because of its fundamentals.

I don't want to suggest anything or impose on your trading stile but in my humble opinion we should see a pull back now. You might be better off taking some profits and reenter on the next swing up. Again, its me sharing some thoughts, that is all.

Most May options are undervalued (I'm talking about major NASDAQ stocks), I only sell June or July. If you bought May's you need to act within 2 - 3 days or you might get killed on Theta.

Are you in green? Or you are still negative on your positions?

If you guys still give a shit about trading (not just pissing war) the sentiment gauges just showed a reversal to downside again. Stop fighting, let's trade already! I'm selling June and July calls on various securities.

Yep! They never let me down! Many times they turned negative right in the middle of a bullish run and everybody says "bullshit" and 10 min later "Oh..Oh !"

Are guys trading or just posting ? Did you not read this? http://www.elitetrader.com/vb/showthread.php?s=&postid=732175#post732175

Hey guys, I just want to pass this on you. My sentiment gauges that I run for major indices are all turned negative right now. In the past it was a sure sign of upcoming sell off. I don't predict anything but I thought it would not harm if I pass this observation. I'm buying puts personally to...

I use a very conventional definition of pivot points. Something like 3/3 meaning that I'm looking for the highest high of 3 bars before the point and 3 bars after the point. The same thing goes for low points. Below is an illustration of that.

You are a good sport! Thanks.

I understand. I hope you don't mind my harmless jokes, eh?

Ok, this must be you then. :)

Hey, shorty, I found your photo. Is this you?

Come visit us, I'll make sure that we have plenty of MOLSON's in the fridge :)