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wow wild. That is gloom and doom. That would mean earnings are going to experience a big decrease. This is the first time that I hope you are wrong. :)

sdtrader your response validated my observations about July v. August. I had a monster month in July and an okay one in August. It "seemed" there was no good follow thru in August on anything. Thanks for your insight, and sorry for getting off the subject.

The scenario you describe for your chosen stock describes a trading range. A trading range is one of three directions a stock moves, up, down, or sideways. What is your plan if the stock breaks down thru your trading range? Are you prepared to short or buy puts? Do you have a stoploss in mind...

No, absolutely not. The exit is not the entry to the opposite trade. This is commonly known as an "always in" method. Many, many times the reason for an exit is a marked decrease in momentum, however that might be measured, ie., a trendline broken, etc. In your case it seems you have a...

Actually much of the Bible deals with wages and profits. There is an xcelent book called The Treasure Principle that deals with in depth the multitude of references to money et al. Solomon, Biblically professed to be the wisest man ever, said "The love of money is the root of all evil." I...

I didn't want to put this in this forum because it doesn't have anything to do with daytrading or short term investing, but I am interested in the bias of the participants at ET. The Chit Chat forum does not appear on the Home Page so I chose the Trading Forum. Without providing...

Mgkrebs...are you any relation to the originator of the Krebs cycle? Anyway, I agree completely with the view of over-valuation. The only fundamental I use for reference is the P/E. This is a value driven market. The P/E's are as you say entoto, 30-%-40% too high. Sure if the E's start...

For one passing himself to be so erudite, I must conclude the opposite, merely based on the poor quality of grammar. I doubt this person will post here again; but if so, I won't be reading the first word. What a waste of space, and I hope...and will suggest that Baron closes this thread. It...

Volker, Thanks for that input. I reviewed the code for the Turtle stuff an found it very interesting. The most interesting thing I noticed was the use of 19 and 39 day ma's. I have used these numbers in my long term MACD view, and they powerful. They really smooth out the spikes. Since...

Speaking of which Kymar, thank you for your help. You are always a source of competence and reliable information. By the way, that reference guide is available in booklet form, about 120 pages. TS sent it to me when I signed up. :)

Thanks AlanM. I appreciate the help. I couldn't remember if IB did or not. I can nevr get a good grasp on IB whether it is a good service or not. It seems they have a ton of customers, but there is a lot of grousing. If you have input about that, PM me please, so this thread stays on...

Tony, I emailed a very very simple method last nite. I didn't hear from you today. Okay that is your choice. You have too many rules. Too many indicators. Too much going on in your head. We have 4 days until Tuesday. Don't trade tomorrow it is a waste of time. You have four days to...

Thanks Bert, and as I have mentioned to Tradestation, I don't care about the commish because....

Profitseer exacto. I am very interested in the SSF''s for that very reason. I understand the uptik rule and the previous need for it, I have to wonder if today's high volume trading makes it an arcane rule. NYC thanks...bullets are the only reason that I consider trading Proprietary. And to...

ADX... if your name indicates your style, you might get some info from glassinc in the chat room. I don't know if he uses ADX on the tick chart. He will be there today. I think Don Bright uses the tick chart, try PM'ing him. Good luck and remember....

I quit looking at level 2 2years ago. Sure I still have it up, but I don't subscribe. So I get the cumulative totals on the nas and the regional totals on the NYSE. Unless you are scalping, level 2 is mostly useless. After all, none of my strategies consider level 2 for their entry, stoploss...

Tradestaton is a nice all in one package. Charts, strategy testing, and brokerage.. $100 month. Good commish too.

The long to short creates a "potential conflict", but not if coded properly. The code needs to sell to close and then enter the SellShort immediately following. The short to long is just a matter of accounting.

Tony don't try so hard. The opening orders thing Echo and Bright have going are not for beginners. Yeah, any monkee can calculate the entry, but that is the last of the objectivity. Okay, maybe any monkee can't...:) I recently asked the queston about the OO trades and the response was the...

I have my favorite contributors and I routinely search their latest posts. Interestingly, it seems August has been a dull or down month for a lot of traders. I wonder if this has anything to do with recent observations about ET. An observaton I've made is...