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you guys are funny, but i mean it in earnest... if you pay the irs, you are shrinking the debt the government owes. Seems like you could go short bonds? But i guess the wise have spoken. :D

not when you know tomorrows high and low today, then even a preschool kid can do it. :D

you aren't getting something. in order to acheive your 37k today, with an average stock price of 15 bucks.... you'd have to put up 300k Thats just over 10% gain and thats if you knew the exact EXIT price to get out at the EXACT top, since they don't tell you. I doubt your MT guys made...

do you mean that it is acheived by traders? or by pump and dump multi-level pyramid schemers?

It aint bad, but it aint so great either. Lets say the average price of the stock picks is 15 bucks. 500 x 15 x 8 = $60,000 of capital.... if you make 600 bucks on that, it's roughly 1%. again, i aint a math wiz, but if i added that up correctly, it aint worth shit. edit: why don't u...

he aint got stops. I think theres a word for it, gamblin. Professional gamblers aren't actually gambling... they are very much like professional traders. They are willing to except a loss when they are wrong, and they never take too much risk. Unprofessional traders are just like...

ok metoox, since u got more posts that me, you must be right. :D irs sux :(

Is this possible? Heres an idea I have. For everything that goes up, something else goes down. If gold rises, the dollar goes down. Stocks/bonds, everything is related. There can't just be growth, there must be growth and decay at the same time. So heres my idea. If I am paying the...

posts on this thread addressed your question. http://www.elitetrader.com/vb/showthread.php?s=&threadid=6048&perpage=6&pagenumber=1

thanks for the heads up, that may affect which way it gaps, but i still beleive the gap will be closed.

for tomorrows gap, i only know one thing for sure. It will be closed. The direction of the gap is a bit fuzzy but i'm 70% sure it will be down. Since i'm sure the gap will be closed, I will take this 70% bet, and go ahead and short todays close. If i'm wrong I will double dip and short...

Looks like the enhancements I did to the gap play yesterday have really paid off. I've been able to keep a biased opinion about being short all day today because i had this plan. I think the play has become more of a gap + direction play. I think thats all the trading for me today, I have...

covered the other half of NQ short @ 1197. :D

the bull market is long gone, but the DOW hasn't even begun to crash so I wouldn't rule it out. However, I'm not talking about those kind of crashes, just the slow bleed ones with a few negative triple digit days :D

please check your private message re your post.

i would never use volatility as a primary factor in bottom. Soros is just a lucky guy who found some cool statistics. I'm not your typical ewaver, if I explained how I modified ewave to an ewaver, they'd crucify me. Mr elliot would probably pat me on the back tho. :D I use lots of...

if they did that, wall street wouldn't make any money.... all the money is of course made on the sell side by the big wigs.

newbies, don't get your hands dirty yet. :D

covered half of short from 1117 @ 1109

I think it was Mr. Soros who said that bottoms and tops are generally accompanied by more volatility intraday than during the biggest move of the trend. Also, if anyone is interested. We have entered a longer term buying zone. I think I said on another thread that I would begin to average...