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    general background for this board ????

    Wow, you did ludes!
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    Don, I want some of your money to trade

    Aphie, Christmas comes December 25, not a day sooner. Despite Don's appearance and avuncular style, he is not Santa.
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    FA SP500 estimation - take your best shot!

    dgabriel61@yahoo.com
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    Your War Policy Please...Draw You Plans

    canyonman, i am still getting my arms around the current state of events. I have not formulated a comprehensive policy on Iraq and probably won't. I would prefer an open aired debate - which is not being waged through the major media but is through alternative media - among policy wonks...
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    Your War Policy Please...Draw You Plans

    Let's illuminate the policy in effect now first. You must understand that the objective of the Bush war objective: gain leverage on the Persian gulf oil. because it is oil costs that can swing the Western economies in and out of recession. And of more timely urgency, it is petrol dollars that...
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    Jokes

    This thread can be browsed but has been closed to new jokes due to the sheer size of it. Continue the fun in this thread. A guy on a plane strikes up a conversation with a beautiful female next to him. He says, "What are you headed to Las Vegas for?" She replies, "I'm headed to the...
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    Can Elitetrader influence the markets?

    I place my money on the fly on the Brooklyn bridge.
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    general background for this board ????

    41, B.A. history, art dealer for past 16 years, trade part time.
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    Best place to learn about odds

    Try John Allen Paulos' "Innumeracy". Interesting book on common misunderstandings about probability and events. Not directly related to trading but the concepts and explanations can lend themselves to trading. You should conduct your own studies on price deviation and probability of reversal...
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    Swing/Position Trades

    Long RYDEX 500 Fund at double speed. 1/2 position at Tuesday's close 5.93 and 1/2 position at Friday's close 6.47, average, 6.20 Long Rydex Fund Naz 100 at double speed 1/2 position at 8.63, Friday's close. Long VZ at 35. Was late by 2 pts, 33 was the entry, but a move to 40 seems likely...
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    Lowry's Update

    NYSE Composite: Points up: 97.7% Volume up: 88.6% Russell 3000: Points Up: 91.52% VOlume Up: 85.8% SP-500 Points up: 97.38% Volume up: 99.72% Naz 100: points up: 96.6% volume up: 90.24% SP-600: (small caps) Points up: 86.6% VOlume up: 74% Huge upday on SP500.
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    Lowry's Update

    Russell 3000: Points up: 88.4% Volume up: 85% SP-500: Points up: 92.62% volume up: 87.9% NYSE composite: Points up 87.17% Volume up: 80.8%
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    the trend is up , the market has bottomed

    He's already toast. He stuck by his call that 1440 was the bottom on the Naz then reneged at 1300.
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    Trading Journal - July

    Triple A, the biotechs have been one of the few sectors not to get a new A torn into it in the last month. If there is a technical reason to stay short AMGN now I can't see it. Tthat big day down last week was a bear trap.
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    775 Hmmmmmmmmm

    Its interesting that a slew of analyst downgrades and Abby Jo's downward revision came on the eve of an obvious retest of the July low. What were they thinking, that if we crash through tomorrow that they gave the public warning? Or did the brokers/banks speak out to shake out stocks at a...
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    failed market wizards?

    Perhaps the question posted here is of interest because this trader feels there is value in understanding the nature and causes of success cum failure in the life of a trader.
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    qlgc after hrs

    Got blown out by EMC. Got long at 22.35 for a scalp, not mine I hope.
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    Failed Hedge Funds Stories

    500k! Those better be world class hookers.
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    Missing the big picture

    I was really just by eyeballing it. I suppose we could define the parameters of range, expansions days, hammers, etc, and get a statistical result.
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    Missing the big picture

    Of 2/3 of the trading days, the S&P prints a candle with a large body and small tails, the rest of the time, spinning tops, or hammer reversals. So for 2 out of every 3 days, there is a theoretical opportunity to go from the opening price to the closing price where there is good absolute range...
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