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I dont understand whats insane about this (If the #s are right, I dont use this ratio).

good job st http://www.elitetrader.com/vb/showthread.php?threadid=98713

Hey, Good job man. You've been championing CHAP for some time and they got bought today for a nice premium. Unlike 99% of ET who are haters or make calls in retrospect (in retrospect, it was SOOOO obvious...), you've been championing this as part of your portfolio for MONTHS. Nice calls...

i think we bounce at S&P 1490, potentially to new highs.

Just stating the obvious. The S&P is in a range 1530 x 1490, until one side gives, it just rejected 1530 again, so now we gotta go test 1490. Anyone see anything different?

Hi, I dont really see any reason for the market to stop selling till S&P 1490. If so, tommorow should be a big red maybe -200 DOW pts possible. Anyone thinking anything different? Its possible I suppose we consolidate tommorow and then dump the day after, but just curious as to why anyone...

congrats murray, keep up the good work. Although I dont currently trade your systems, a good pat on the back for posting good performance (into the future) is worth acknowledging. empee

.. and what the incentive to have "qualified" educated workers anyway? So, if I get an engineering degree and I have to compete with foreign wages, why would I go through all that to make $25k a year or whatever they can pay someone overseas? During the dotcom bubble, even tho it was fake...

so isnt that monkeying with gas prices?

stock index futures

I think not!!! Giddyup market!

time to buy! its all priced in!! :p

kinda, its a bit scary dont u think

anyone else long?

I thought FOx news says their sat. business block is the highest rated business program. Shouldn't they be giving the producers raises? Remember, they are looking for eyeballs, not necessarily intelligent ones.

ok im "all-in" as far as my S&P buys allow, 1519.50 on the eminis. This market looks like it could be setting up for a vicious turn to the upside in the next few days/week. We'll see! OMG i became a dip buyer!

i have turned short-term bullish and will be buying the S&Ps as well as scaling into stock Monday (or Sunday nite). These are all swings. empee!

nice call by me, monster red, AND pickup in volume. Now need to look at some stuff to determine if we get follow thru. Soon we will see posts about double tops and when I see those I usual fade em :) have a nice weekend folks!

no volume yet but its lunchtime..

trying to breakdown again today.. hopefully we get some huge volume otherwise we will get a countinuation into next week.. either we wil lean, volume will come in and we reject (ie longs hold the price) or not..