Search results

Most likely a reaction to a "new" ipod design. I don't think this has anything to do with the price though. The stock is off its high and buyers are still interested. I still think 90 is the magic number. If reached, supported and then coupled with a strong market, AAPL could go into the...

"We must distinguish between a companies business and the price people pay for it's stocks at the exchange. These are two different issues." - Edwards & Magee, Technical Analysis of Stock Trends Words to trade by IMO. AAPL hit 90, managed to stay above for a very short time. Came back...

I've been watching this thread for a while and until now have choosen not to participate b/c of all the BS. That quote is pretty pathetic. I've got a better one for you: "It has been proven that you have low self-esteem, are unemployed, grossly obese and haven't been laid in 10...

BLIND PILOTS Passengers on a small commuter plane are waiting for the flight to leave. They're getting a little impatient, but the airport staff assures them that the pilots will be there soon, and the flight can take off. The entrance opens, and two men dressed in Pilots' uniforms...

Ok. Trading doesn't require high intellect but you can make better money than one would washing dishes (less if you make the same mistakes over and over again). If you're talking about risk management then, no, I have a well defined system but there is no "test" for it. Money...

Those 'tested principles' are YOU, the person, the mental/emotional being. They have nothing to do with the system or strategy in use. Any 'system' will be profitable in the right hands just like any 'profitable' system will be a loser in the wrong hands. Doesn't matter what strategy you use...

Uh, I still suck at this (letting winners run that is). My losses are no problem but I set mental profit targets which get in the way of letting a real winner run. But better safe than sorry. Currently, for as many that I got my target from that just kept going after I got out, there are just as...

EE Mike

Good post about SB/Lima. Just a few things to consider about SB that didn't show up in the article (note I am extemely biased since I own many properties in the area). I'm saying this so that you all have some perspective on SB because it is different from many so-cal areas. 1. The median...

Emotional IQ IMO is probably the best measure of potential trading sucess. In fact there was a study done on corporate executives who becames top leaders - all had high Intellectual IQ and high emotional IQ. The ones with low Emotional IQ didn't go anywhere even though their Intellectual IQ was...

NEW ELEMENT IN THE PERIODIC TABLE Element : WOMEN Symbol : WO+ Atomic mass : Accepted as 53.6 Kg; isotopes may vary from 40-200 kg. Occurrence : Copious quantities in all urban areas. PHYSICAL PROPERTIES 1. Boils at room temperature 2. Freezes without any known reason. 3...

Same here. Got it 65.50 avg price just before close. :) :) Mike

Hey Guys, I'm staying out of the market today for both of the reasons mentioned previously. I got f--king nailed yesterday. When a day like yesterday happens I stop for a few days and analyze my mistakes. It was pure overconfidence. I had all winning days in nov. and dec. and I just plain...

Everyone seems to agree (even myself) that there exists a housing bubble. Isn't that a classic indicator that we haven't reached the top yet? I'm not trying to be sarcastic but come on - everybody is anticpating this crash/slide/bubble burst. To me that seems like a "buy" indicator if...

Great quote. Those are words to live by IMO. What book are you referring to? I might want to check it out. Regards, Mike

Looks like ADBE has been testing support 2 times since the end of November. I'd almost say a head and shoulders is potentially forming with some good downside moves. Maybe some tech analysis would be more convincing for the long side Etf? Regards, Mike

This is what I wrote a few weeks ago in another thread: This struggle mainly comes when I am in a winner and I've just scaled in. This is just an example of a trade I will do (focus on the strategy - the price swings are typical of what I've seen in the types of setups I choose): 1...

Moo, Isn't Finland coooold?? I cannot handle the cold - spoiled by year round good weather here in CA I guess:D Mike

Well, I am very spread out over the country (nothing out of the US though). I still have good notions about North Carolina and might move more funds in that direction. Bill is dead on about Colorado but I have a small stake there so I can stand to hold it for a while. As far as my zip code...

This is a link that got me thinking about 'stupidly overpriced' in CA. This should grab some attention regarding overbought conditions in CA, 21 mil+ zip codes in the top 30. I live in 93108. http://money.cnn.com/pf/features/lists/million_zips/index.html Regards, Mike