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The return on equity for being long somewhere between Oct-Nov thru Apr-May is well-documented and fairly persuasive. But don't let facts rule your decision-making. Instead, stick with ideas promoting the notion that any one person, political group, or business directly effects the overall return...

This is a daily chart of PCP. It's an NRID4 setup from yesterday but it also has an interesting bullish candle formation. I forget the name, but it's easy to look up.

...just this once....

There's two methods that I think work well that Pristine presents, one being the pullback method already described, the other being the 5 minute basing method. Neither are mysterious and are based on trading principles we all know and use anyway.... the former being a run followed by a pullback...

Is there a reason you posted the July earnings date on your watchlist?

And an hourly followup chart to jens' contribution SUN:

A GM daily chart. Nice pattern. If you've been studying Ivica's excellent thread in the Journals Forum you'll have an idea of what the downside taget is in the event of a breakdown in price.

Thanks Ivica. I appreciate the reply. Your logic makes sense as well as your idea of keeping the entry and exit dynamic versus static. Thanks again and I'll try to use the email so as not to clutter your excellent thread. Btw, I went to your website but I guess it's still under development...

When you say "short below..." and "long above..." and "stop above or below..." how much room do you personally give before you enter and exit your trades? Specifically, you suggested shorting HXL below 14.20. Yesterday it hit 14 so where would you (did you) enter the trade. Today the stock hit a...

Reminds me of Pulp Fiction. Hey, if this does occur every month, I'm in. Can't make it this month on such short notice, but I'm in this fall. Risk' if you're going to make one, please let me know. Round trip air is a few ticks to the good - it could be a good time.

Amen brother, nothing else keeps me more focused. Whether I'm listening live or not, the pit is in my head playing its beautiful song.

This is an AZO daily chart. AZO is a fairly expensive stock so it's harder to take a position with any size if you're using your own money and like to trade more than a few hundred shares. Regardless, this is a narrow range 7 setup including today, and an inside day so far. Also note the...

Let's see what happens here with this JCP chart. The daily data is skewed because of a misprint that QCharts might or might not correct. Of course this affects all indicators that use the HOD as a variable. Regardless, for our purposes the lower boundary of the pattern was penetrated; however...

JCP daily chart: This pattern is about 17 days long, so the classic break would occur somewhere b/t days 8-13. Today is day 7. Be sure to look at volume on a pattern break. Classically volume should surge substantially. Volume on pullback days following a break should be markedly less. A...

I meant OMX. Note how the "C" is next to the "X" on the keyboard. Simple typo. I won't ask you to comment on anything not on your watchlist. At any rate, OMX tanked after it broke through the lower boundary of the rectangle I had drawn. I was looking for a short based on TA and the...

Ivica, a question if you don't mind. I know we're talking about consolidation so it doesn't matter what geometric pattern we draw. Re: (OMC) 15 minute chart. I'm wondering if on your charts you go back and adjust lines. OMC for example penetrated the upper boundary of the flag and failed...

surf' you have been all over it lately. Nice job. Congratulations.

Nice thread, Ivica. You're providing a great service to ET. Thanks. The consolidation break is an excellent pattern, imo, and focusing on continuations with measured move targets really helps a trader stay focused. Also, I appreciate your advice to all about the need to only go with setups...

Are (were) you quoting the bid for the call and the ask for the put? I presently have a 7.80 bid for the call and a 3 offer for the put with a share price of 77.31.

Makes sense and made cents. Ohhh that was stupid - but I'll leave it. :) From the old days of neo-G I knew this was a non-channel trade. Well done. Enjoy your weekend.