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  1. formikatrading

    What are your Trading Breakthroughs?

    Dude! That's awesome! Thanks for sharing that!
  2. formikatrading

    What are your Trading Breakthroughs?

    1. I had to believe that my analysis was as good as anyone else's (including any well-regarded guru) and that I would be better off without others' opinions and advisory services. In my opinion, if you're relying on others' opinions about the market, you're not where you need to be. Other...
  3. formikatrading

    Article on HLV Trading in Active Trader Magazine

    Check out the web site. It appears that there is a $125/month software fee. I'm not sure whether that might be relevant to you or not but thought I should point that out.
  4. formikatrading

    Rental prices lead housing prices?

    Interesting point. My parents bought a nice house in a nice section of Tampa about 4 years ago which I thought was then, and still seems to me to be, reasonably priced in comparison to other major metropolitan areas in the country. Given the desirable location to retired folks, certain areas...
  5. formikatrading

    Rental prices lead housing prices?

    Thanks for the chart. Are we worrying too much about Greenspan and not enough about US Treasury Bond Prices? For example, Greenspan didn't raise rates in June 2003, but interest rates (for consumer purposes) bottomed in mid-June and shot up quickly (I believe it was about 1% on a 30-year...
  6. formikatrading

    Rental prices lead housing prices?

    I have no idea what the likelihood of a housing crash is or where we are in the cycle, but whenever there is a universally-accepted "truth" -- like "you're throwing your money away if you're renting" -- it makes you wonder if we are, in fact, in the late stages of a bubble. Also, hearing...
  7. formikatrading

    Stock Market Cycles / Time Frame Analysis

    Thanks, OddTrader!
  8. formikatrading

    TA - Self-fulfilling prophesy?

    Okay, I think I may now understand your point a little bit better. For example, people used to buy stocks with a major focus on dividends. From that standpoint, fundamentals mattered. Now it is just generally accepted that everyone should invest in the stock market because it always goes up...
  9. formikatrading

    Stock Market Cycles / Time Frame Analysis

    I appreciate the info!
  10. formikatrading

    TA - Self-fulfilling prophesy?

    I think most critics of TA only consider the basics of TA, such as price patterns, trendlines, etc., whereas those who are actually making money at it incorporate a variety of indicators into their analysis -- and each is applying TA differently -- each person applying TA has a different...
  11. formikatrading

    Stock Market Cycles / Time Frame Analysis

    I'm in the process of adding some stock market cycle analysis to my swing trading strategy to help project when tops or bottoms may occur and the lengths of various trends. Can anyone recommend any books, strategies, software, etc. that they have found to be helpful? Thanks!
  12. formikatrading

    We want the $$ to fall and bond yields to rise, DOW 15000!!!

    Electron -- it's still a myth. Just because 90% of traders can't do it doesn't mean it can't happen. That's like saying that it's impossible to make the NBA -- if you consider all of the high school players who want to play in the NBA someday -- I would imagine it's more than 90% who don't...
  13. formikatrading

    We want the $$ to fall and bond yields to rise, DOW 15000!!!

    "Conventional wisdom" says you can't beat the market (which is a myth) so "experts" tell us we're wasting our time and money trying yet we, as a society, still are told to listen to what economists have to say when their abilities to accurately forecast the future are questionable.
  14. formikatrading

    Flat panels worse than crt?

    Oxonian Trader said: LCDs DON"T COMPARE to CRTs. The resolutions you can get out of a crt these days is unbelievable while LCD resolution still has a ways to go. I know a trader who switched from three LCDs to just ONE monitor with no loss of screenspace. Granted, the text size was very very...
  15. formikatrading

    cramer calling for a melt up.

    I really see no reason to listen to his recommendations (and I imagine most successful traders agree). Read "Confessions of a Street Addict." He concedes that his wife bailed him out in October 1998. He had lost it.
  16. formikatrading

    Need Help!

    Simply clarify what defines a trend for you and make sure you're trading with the trend. Also define what would cause a trend to be on its last legs -- only take "reversal" postions at that time.
  17. formikatrading

    Need Help!

    I just bought a Trading CD on Ebay from a seller named "changenow" called "Successful Trading with Hypnosis." The CD is only $12.99 (minimum bid, I think, but there are a bunch of them on there so you should be able to get it for that price). It's a lot like Ruth Roosevelt's "Power...
  18. formikatrading

    Has TA ever been proven?

    I view TA as more art than science. You could give the same people the same trading technique and they will have different results. Further, there are so many components to TA but not everyone uses the same combination of components. In a nutshell, TA is a tool but each person needs to figure...
  19. formikatrading

    Flat panels worse than crt?

    I think you have to consider what type and quality of flat panel you purchase (digital vs. analog / brightness/contrast/ pixel stuff, etc.). I have 2 Viewsonic VG 171b's that I bought about a year and a half ago. They have been great overall and look SO much better than my CRT. The...
  20. formikatrading

    Rydex and ProFunds Traders

    You seem to know a lot about this subject and I appreciate your input. Please keep me posted if you hear anything more on this issue.
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