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Yep, Tony really <eyeroll> sounds like a succesful trader.:D :D :D

apologies guys. I took his aggressive name-calling a bit too personal. maybe he has a reputation for doing such.

at least you are following my guidance by going to their website. (or did you think it was KinkyBarebackingHome.com? you have officially dealt with a madman

Hey %icktaker, I mean risktaker. why are repeating my comments??

in accounting, that four letter word tells you it's a rate to rate comparison. However, had it said orders were down by 48% or the like that would mean last qtrs 9000 orders would =4320 orders this qtr. thus my earlier sarcastic remark about them going bankrupt because last q it was about 53%...

your words. not mine. article definitely does not say that.

risktaker, you are the only one here who said the article said "48% of customers cancelled." it's comparing rate to rate. not rate to customers that's where you are misreading.

This message is for risktaker. no offense to anyone else. you need to learn accounting 101. the original poster and I were having an open and civilized discussion. no personal attacks either way. then a penis-filled mouth like yours had to come along. step(1)click here www.kbhome.com then go...

no it doesnt. it says "cancellation rate rose to..."

embarassed, naa. we dont have a face. btw, I was once wrong, but I was wrong about being wrong so I was actually right.:D :D :D

I edited my previous post. it was too garbly:D :D cancellation rate is in the net orders. actual numbers may be very difficult to find right now.

Edit: NO. NO. NO!! that 10,000 would be net orders. if last Q net orders were 12,000. of the 2,000 difference 150 may have been due to cancellation. versus up from 100 example.

I dont trade YM, but nice journal. I'll continue to follow. Since it is one of your criteria, can you include volume when posting your charts? Method seems simple, but for some reason I'm having trouble seeing the set-ups for the horizontal line. I'll catch it in the next couple of days.

maybe this example will help. 1000 contracts signed. qtr 1 2007 100 cancelled qtr 2 2007 150 cancelled 50% rate increase in cancellations. not all 1000 cancelled edit: or =+50% cancellation rate

...Beating a dead horse. I was being sarcastic...according to how you were misreading the article. Stock would be greatly tumbling today. it's not. I'm done here.

four letter word "RATE." It's there... you are misreading.

I guess we should not let them know the cancellation rate was 53% last Q. That's a total of 91% or BANKRUPTCY. hehe

Grandeur is correct. It is a 48% increase in the cancellation rate.

Definitely takeovers as Risktaker has stated. Cashmoney, notice those stocks move in cents; not like the $2 range in ERTS.

My goodness....you would think a certain elitetrader poster here would at least try to hide his envy of Tim. (Nothing but Tim comments) Either that or he wants to share his pillow with him at night.