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  1. M

    Why am I so bearish on the SPY?

    Im not bearish, actually just bearish on the SPX. Here is a chart of the Russell 3000. The only way the Russell 3000 can be bullish is if it breaks the neck of what looks like a double bottom similiar to the one in February. There is a larger picture in which you do not see. In reality...
  2. M

    The Spooky Echoes of '87

    In this chart, would you say the DJIA looks more like the 80s-90s or the 70s?
  3. M

    Getting a job off of Craigslist

    I didnt think that Craigslist was a serious forum for trading jobs until I started looking today. Even thestreet.com is looking for people on Craigslist. Hmmmm. Does anyone have any feedback on jobs that are listed on Craigslist? I buy used furniture and other stuff like that from...
  4. M

    The best trading stock of our time: Mamma.com or CNIC

    I agree 100% that this is a POS. In fact, I see no reason why someone should use mama.com over say google or yahoo or even the old excite search engine. I have no idea how or why it has survived the last 7 or so years. I have no idea why it has made these unbelievable leaps. Does...
  5. M

    What % of traders really make money?

    I dont believe the publishing of a certain strategy will destroy the usefulness of said strategy. Here is an example. www.pinoytrader.blogspot.com. He publishes everything that happens before it happens. His trading has not been hurt in any aspect. Here are my reasons: 1.) Most...
  6. M

    Considering day trading for a living

    It sounds to me like you would rather just have a different job. The office job is tedious, boring and you feel you have more potential. There are many jobs out there where you can work outside of an office environment. I can suggest to you quite a few jobs such as, for example, a sales...
  7. M

    Why am I so bearish on the SPY?

    My reasoning is contained within the following webpage: https://flagship.vanguard.com/VGApp/hnw/funds/holdings?FundId=0040&FundIntExt=INT We are at the late stage in the business cycle. The SPY is a large cap value oriented index composed of only a few bullish sectors. The overall market...
  8. M

    IB is Refco 2.0!

    I have compiled a video that I took of some irrate shareholders storming TP's home up in Stamford. Luckily, TP was in Manhattan at the time. The police came and just watched because they had gotten in on the IPO too through Sharebuilder.com. <embed src="http://www.liveleak.com/player.swf"...
  9. M

    The best trading stock of our time: Mamma.com or CNIC

    The chart above is the larger picture. The short term picture appears that the price is stuck in a triangle. I have confidence that it will go to 4 from here, but beyond that Im not certain what will happen next. Will it bounce off of the roof of the triangle and then head back down for a...
  10. M

    The best trading stock of our time: Mamma.com or CNIC

    This thing trades on hype and hype alone and once it starts to run it has an amazing potential. Its just a trading stock and not an investment. Much like traders traded DLRQ on the pinksheets during the Delta bankruptcy days, they trade CNIC in the same way. I have banged my head...
  11. M

    Barron's Weekend Picks

    In this section, I am going to cover a few stocks that appear in Barron's on the weekend. There were quite a few stocks that got amazing liftoffs from last weekend's edition. Most notably GSHO.OB which appears to have doubled in 5 days. Another one that I had picked before was PTT which...
  12. M

    Jim Cramer's Mad Money "Speculative Fridays"

    I looked at TX, another one he mentioned, but I believe HNR will have more of a short term spike for us. -cheaper price -mentioned at the start of the show as his primary pick where as TX is a secondary -more volume in afterhours for HNR -Technicals appear favoring HNR to spike higher...
  13. M

    Jim Cramer's Mad Money "Speculative Fridays"

    I dont mean shield, I mean Harvest.
  14. M

    Jim Cramer's Mad Money "Speculative Fridays"

    This is one Cramer got right.
  15. M

    Jim Cramer's Mad Money "Speculative Fridays"

    This is the all data picture. This is a VERY VERY bulllish chart. You can see why my first price target is in the high 13s and then why my next price target is the 18s. There is a third price target if it can bust up above and that price target is about double where its trading right now...
  16. M

    Jim Cramer's Mad Money "Speculative Fridays"

    First lets look at the float. Looks like a nice float with a good amount short. About 4-5 days of volume to cover the shorts. ***************************************** Average Volume (3 month)3: 596,811 Average Volume (10 day)3: 637,425 Shares Outstanding6: 37.55M Float: 30.05M %...
  17. M

    IBKR opens @ 50 or so.

    I have compiled my video on the Blackstone IPO. I went to a local prop firm and filmed this. These are two traders traded it the first few days and are now kicking back and having some fun. <embed src="http://www.liveleak.com/player.swf" width="450" height="370"...
  18. M

    You are NOT alone…..trading and depression.

    Anyone who is depressed from losing a lot of money needs to rethink. I once went out with a woman who had a friend. Her friend was a stunt diver who had taken the wrong dive in Las Vegas and ended up paralyzed permanently. She now sits in a wheelchair. She has barely the use of her hands...
  19. M

    IBKR opens @ 50 or so.

    I will now explain what you are missing. I have compiled a video together demonstrating what I would do rather then hold the Interactive Broker common stock. In this video, a man is juggling live grenades. Therefore, I believe its better to juggle live grenades then to hold the common stock...
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