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It means that 9/10 times (always seems to work against your position) you're about to get taken.

PPT

Yes, our mini-crash was due to the NYSE not offering opening indications. :D

There is no point in arguing the SLG issue. It's the complaint frame of mind. Pros know that there is no way of knowing what would have happened had a variable like this been changed. For all you know it might have scared some short funds into covering and opening even higher than that.

These sample indications from today are in line with indications that were given out prior to the change. Read the release from the link below. Indications do still exist. Regarding the CME indication, yes it was several dollars wide, no big deal for a 500+ stock. Regarding the comment on...

Indeed it is. Here are some from today: *DJ Kinetic Concepts (KCI) Ind: 60.0-63.0 Last 64.49 *DJ CountrywideFincl (CFC) Ind: 30.0-32.0 Last 34.06 *DJ Anixter Intl (AXE) Ind: 82.50-85.50 Last 81.79 *DJ CME Group Inc. A (CME) Ind: 552.0-559.0 Last 559.60

Not sure what you're talking about. I had opening indications up through and including today.

Your average man doesn't cut it either.

No. Under LLC. However, you can take deductions under that umbrella. No need for "earned income" to take deductions.

That's incorrect (as it pertains to deductions).

Sorry TraderRich, just saw your post. Your gaps were not due to IB. The 15th was SP rebalancing. Additionally, Russell updates were released that day.

Rich and modest are not mutually exclusive.

The [financial] haves are seldom A's.

The term "net-worth", while giving you a technical glance, is not always useful. Use it in the conventional way at your own risk. Person A: 0 Assets, 0 Lia. = 0 NW Person B: 100Mil. Assets, 100Mil Lia. = 0 NW Their NW is equal, but they are each in a very different game. Which would...

Soros sells entire stake 3 days before the news hits. DJ Soros Fund Sells 1.7M Shr Stake In Adams Respiratory - Report -------------------------------------------------------------------------------- Thu Mar 15 04:48:43 2007 EDT NEW YORK (Dow Jones)--Two days ago a fund...

Message aimed at Kutty, not SCI.

You're watching the wrong stocks. Picking the right stocks to trade is half the game.

Currently trading, NEWC, 1.4 last trade.

http://www.wilmott.com/messageview.cfm?catid=8&threadid=37580 Got a good laugh out of this. A bunch of people too anal to call it day trading, looking for technical ways to explain it while skirting the "forbidden" territory of day trading. From a listing on Trader Daily: " Top tier...

There are a lot who trade remotely with prop. It's essentially trading privately, which is what I consider myself to be doing. Going through a prop firm is just the setup for my personal trading business. Simply put, they are another service provider, albeit the most important one. You're not...