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It may sink in that the fed is panicky, so Joe Investor will panic too. Sure, the announcements, today, created trading opportunities, but with the fed accepting mortgage backed securities as collateral smart people may realize that something is wrong, long term.

DOW 6000!

Spydertrader's a wanker.

Eve of destruction, here, folks. Grab your popcorn and enjoy the show.

Do they have any wire? Any fibre?

Rates are still at historical lows. Why would they cut? The market has done well when rates were higher than they are now.

The market has done alright when rates were higher than they are now. Rates are still at historical lows

LOL. Cramer screaming for a rate cut. He's old enough to know that the market has done alright when rates were higher than they are now. Rates are still at historical lows. I think he's talking his book -- he's caught long and hopes for a rate cut, so that he can dump his positions into the bid.

LOL. Cramer screaming for a rate cut. He's old enough to know that the market has done alright when rates were higher than they are now. Rates are still at historical lows. I think he's talking his book -- he's caught long and hopes for a rate cut, so that he can dump his positions into the bid.

LOL. The PPT shot its wad before today!

They're talking their book. Probably long BSC.

2 * ATR: How do you compute ATR? Will this be "trend following," too? Depending on how ATR is calculated, stop or profit at 2 * ATR may mean that the bot stays in a trade until end of day. ES trends can be short lived. In general, what changes did you make to JSystemTrader? Tick data? Place...

The difference between cnn-international and cnn-us is like that, too.

Joe, I know, now, that you know your business.

Didn't think of that. With the implanted sensors, everyone would post what jack posts, all at the same time. He might like that, though. It would be reaffirming for him.

Why can't we have an Xtreme SCT (TM) thread? It could skip all the nonsense and get straight to making money. First there would be daily synchronization. Everyone on the same chart, etc. Then, from the sensor implanted in Jack's arm and hand, signals would flow over the internet to every...

You're talking about an up channel, price fakes a breakout of the lower channel line, then retraces upward, right? I guess it could be a down channel, price fakes a breakout of the upper channel line, then retraces downward, too? Is there symmetry in the method? I gotta learn this stuff. I...

You can do this sort of thing at times other than the open. The "opening range bar" could be the bar of the previous 15 minutes. You could think about the market "opening" for the afternoon session. A wide ranging bar might work best.

Flatlined. Is there no shame?

Isn't shorting the VIX bullish?