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The only news that actually matters is the fed. People didn't start to freak out about their being no QE3 until price started to slide... Then everyone started to freak out in mass... I had a sell signal back on the 19th because the market was severely overextended and due for a downward...

Yawnnn... It means probably drop it down a bit out of the open... Rip it up 10 points hard... Then let it drift toward close. It's the most effective way to trap and blow out the shorts before we head lower.

"Consolidation Alert!!! Posted on June 20, 2012 Market is extremely overextended here on the daily and the weekly momentum is extremely weak. Rally will at minimum start moving sideways at this point through the rest of the week. Welcome to six day new highs… Should not be as severe of a...

God your all a bunch of old dogs... Remember the line "Can't teach an old dog new tricks?" Your time has passed... Thanks to heavy quant and algorithmic trading this market patterns more predictably than any in the past... Stop whining and get to work on designing yourself a new trading...

Facebook if managed correctly could become bigger than google... Just saying it's possible... Unlikely though the way things are being managed...

No, I'm just telling you the facts... People are not born equal. Figure out what level of intelligence you have if any... Then decide upon a realistic game plan for yourself. ;)

Actually, I technically do have a 99th percentile IQ, but I also am intelligent enough to know that the learning curve on stocks and futures is 10x as easy. Why waste energy with something that takes ten times as long to get good at and isn't as profitable? Honestly... Traders go through...

Hedging stock positions when a correction is imminent or placing big bets in high odds situations. Anything else and your just a liquidity provider for the options market... The only time I would place options bets nowadays is shortly after crashes or at the ending areas of major...

I dunno... Don't care. All I know is that my partner company is in a lawsuit against them and I get a nice amount of $$ if they win the suit.

The average purchase price in my game was around $.50 to $1.5 If you have hundreds of thousands of users a day a small percentage of users making purchases really adds up fast... When new items were released there were spikes... I hit over $1000/hr when this one barn item was released. The...

A few years back I was a facebook app developer. My main game netted me over 100k/month. The game had over 350k daily users at it's peak. It was like printing money... There are apps with tens of millions of daily active users nowadays. Facebook gets a 30% cut of app revenue now. A lot of the...

Here is the daily-weekly... Another nice thing is that there is zero second guessing and getting confused with this way of looking at the market. Prices are either in a no trade zone, cheap, or expensive relative to trend... Bull markets only last around 3-5 years... The major "cheapening"...

Recently I have revised my long term charts display of price. I have been recently been going deeper into using price as an indicator and the results are quite interesting... This doesn't change any of my market outlooks at all... But, instead of talking about a "rally" into June like I...

Here is how the News Equation works… The type of news were talking about is “unexpected” good or bad news. Scenario – Market is midway into a strong monthly and weekly rally cycle. Basically, the strongest market possible… Very Bad News – Market dips hard, sells off for an...

Better cross comparison of the two. Once we breakout... 85%+ Odds we go back to the highs!!! Woot!!! :D

Unless we have rally internals by 10am tomorrow I am putting this fun toy away until the next uptrend... Hourly/daily getting a little extended... Maybe tomorrows news can catalyze a fun little rally. We shall see!!! Were not "Bulls are screwed" overbought, but give it a few more hours of...

The indicator definitely works well in stable/uptrending chop as I knew it would, but I have to use a different technical analysis system to time the big morning/evening moves with any accuracy. This shall be referred to as the LUNCHTIME system... :D

Here is the mid 2007 inverse H&S before the last push into the highs... Exact same setup. Same price relation to key moving averages, same momentum waveform... Perfectly exact...

I'm expecting a breakout at some point in the next couple weeks. Would be nice to see a nice long bear squeeze before the summer crash next month. Not getting on board until I see the buyers starting to flood in. Odds are it won't be until next week because were a bit overbought at the moment.

I generally assumed everyone knew when the major market turns were confirming... Divergence isn't exactly a complicated thing. :D And 90% of market turns occur on divergences...