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Just wondering, thanks in advance...

If Ron Paul doesn't win the Republican primary, would you vote for a Democrat?

Datamerc, I would not wish for you to go through any more pain than you have already, but I think this is an interesting journal, and I enjoy reading it. So thanks for posting here and I hope you keep it going.

Does this statement mean you believe the markets are random or that the markets (not the dice) don't have memory? "Do you really think that's air you're breathing? Hmm..."

Trading is not for everybody. That being said, if you can break through the learning curve without losing all your money, it's the best job in the world.

75%

The thing is, most price charts are not actually the reality of what happened in the market's double auction, so the ability to reproduce a price chart that looks like a price chart doesn't prove, well, anything. One time, when I was just starting out (not long ago), watching the price ladder...

This is a great post. I would like to add - the only way the markets can lead more lambs to the slaughter (after this slaughter) is by doing what the lambs want and lulling them into thinking they can (again) predict market behavior. So after everyone is screwed out of their money this time...

That's a horrible idea.

Social darwinist drivel, and as simplistic as the view you are rebutting. Successful revolutions happen because the large middle class (not the lower class) has unreasonable (they think) demands put on them by the small upper class in whatever society, and they have had it. go back through...

HA! Classic ending!

and the short covering rally seals a close above 800! (unless I am wrong and have to eat my words)

Um, Friday had the makings of exactly what it was, which was a 180 point rally on light volume (not everyone came to work maybe for the half day, plus the fact that it was a half day?). When all the market players came back from vacation today, the market is languishing. (Personally I hope...

Exactly my point. You can't can't assume that the rally on friday would have gone another however many points up, because it was a half day. Is that what you were implying? Or were you not implying anything? Did you notice how I said it wasn't bearish either? What I'm saying is Friday...

180 points on light volume isn't bullish, and is it me or does the market have a hard time putting two big all-day rallies back to back right now?

a big catalyst would be the end of the iraq war

Very good point! I would say sign up and look at the difference between the forums of the brokers you are considering: FWIW, the difference between IBs and Tradestation's forums is night and day, and very telling about the different communities each broker has built.

Interactive Brokers now requires minimum 10,000 dollars to start an individual margin account with them, I believe. Tradestation, among others, ask for minimum $5000 (some ask for less). Tradestation has a fair-sized community of traders posting on their forums to ask questions of. IB...

The markets close early today.

This is some funny stuff! This reminds me of the idea an idiot student had for saving the wolf in Alaska and for justifying the use of hunting wolves from helicopers: "Well, first you have to kill lots of wolves, take the wolf population down alot. Then there will be a spike in the moose...