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Thanks for reminding me about that. I used to do it all the time but I have stopped for some unknown reason.

I just mentioned in "thorns top thread" that my indicators changed after todays market action. Consider me at least a temporary bear for now.

Well guys, I'm afraid thorn is CORRECT AGAIN!!! I just checked my indicators and effective tomorrow I will be out of my longs in the market. This doesn't mean we will go into full fledged bear mode, it does mean we will have a decline strong enough that I do not wish to be a holder of longs.

I like to use the russell 3000. To me it is the true indicator of the overall market, and it sure does have a nice uptrend.

I have been a position trader all of my life. I had never backtested my methods until this year. The backtest revealed that my system works great in trending markets, but in choppy markets it absolutely sucks so I have been working on a pivot point strategy so I can trade in any market...

I understand what you are saying and I don't fault you for your plan. To me support is support and resistance is resistance. I don't know ANYTHING about platform r/r or even how it is calculated. What I do know is everything between nearest support and nearest resistance is noise until one of...

If this board is any indication of the market then I would say we will be choppy for the next couple of months. This board is split pretty close to 50-50 on the bull vs bear ratio. Personally, I am still bullish, and will continue to be until my indicators tell me not to be. They've worked in...

I'm just curious and of course if you don't want to mention it I will certainly understand. What was the strategy buying rhat? Were you bottom fishing because the stock had a large gap down? Were your stops based on any support or resistance? You have a fairly nice support level at 14 and...

Your trading expertise has never been in doubt. Each post you make confirms what we all know. Your only hope is to concentrate on the new guys who haven't read your posts. Maybe they will follow your advice. We need a new flow of easy money.

Yes you certainly need a lot of imagination to come up with a theory that trading and running a criminal enterprise are similar in nature. I'm sure that imagination of yours has really paid off. If I know of some easy criminal targets I will PM you so you can extend your research.

LOL, actually they weren't questions, more like statements of FACT!!!

In all seriousness. Who gives a shit how one would run a criminal enterprise unless you wanted to become a better criminal? If that is the case there might be a better board suited for that purpose.

If you don't die as a success, I would have to say you were not successful. It's how you end up, not the road travelled, because the road travelled is always under construction. There are people currently living under bridges that were very successful at one time or another. Controlling risk...

Now that is the the first thing you posted on this board that is correct. Yes you are slow. Very Slow. Massively slow. Hugely Slow.

You still just don't plain understand. You are really a hopeless case. You over react to everything on a daily basis. Please define HUGE? Please define MASSIVE? How can you have a huge rebound when we didn't have a huge decline? All of this is noise. When you get all excited about noise...

If most criminals get caught or killed and most traders go broke why would one want to learn from the other? They both have consistent negative results. If you want to be successful at ANYTHING, you should learn from successful people. Success breeds success. Role playing yourself as a...

He is a permabull. He calls the bottom on every post he makes. Since the market naturally has an upward bias he will be correct on some occasions. On June 29th he said there was a MASSIVE MARKET SURGE. The nasdaq then proceeded to drop an additional 6.21% in 20 days. The bottom line is...

You very well may be correct. The indicators I use are always a "little late" to call the exact top, but soon enough to get out before a major fall. Right now they don't agree with you. When and if they do, I will post here.

In that thread he mentions I think when he uses suring is he means soaring. Anyway the stocks plummeted. He didn't sell any of them, and he became a buy and hold investor due to necessity. I guess he really didn't make $20,000 since he didn't have the brains to sell. He made many...

Why don't you read the thread below, and then make a decision as to whether we are being difficult with poor old Stocktrader3 http://www.elitetrader.com/vb/showthread.php?s=&threadid=71967