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  1. L

    New guys, now is not the time

    Dustin, There have been HUGE trading moves and fairly high volatility over the last 6 months in the high beta coal mining stocks. Have you ever put stocks like ACI, ANR, BTU, CNX, CLF, and MEE into your trading system? Hope things are going well over in your neck of the woods. :)
  2. L

    Prechter wrong again--this IS a top, and a major one

    Please tell us all how it is that you KNOW with certainty that JPM and GS have been buying in the S&P pit. You act as if they are not working orders on behalf of customers, let alone are facilitating a large program order for them that necessitates hedging via S&P futures. Get real.
  3. L

    Prechter wrong again--this IS a top, and a major one

    Feel free to tell that to Glenn Neely. http://www.safehaven.com/article/16362/todays-unpredictable-us-stock-market-understanding-current-wave-patterns-and-correlating-trading-strategies
  4. L

    Prechter wrong again--this IS a top, and a major one

    Lucrum is a moron. He spends most of his day in the "Politics and Religion" forum spewing forth all sorts of absurdities. He is not a TRADER. Period.
  5. L

    Prechter wrong again--this IS a top, and a major one

    This might come as a surprise to you, but Prechter has been flat-out WRONG since August 5th of last year . . . that's 8 straight months. That's a FACT. Anyone that has followed his advice/recommendations since August 5th, 2009 has watched their trading capital get shredded. Remember, he...
  6. L

    Prechter wrong again--this IS a top, and a major one

    Congratulations. You win the award for most delusional post of the month, if not year.
  7. L

    Prechter wrong again--this IS a top, and a major one

    Agreed 100%. And if you were to do a search on the "perma-bear" clown aka S2007S you will find one bearish post after another . . . along with one claim after another of buying inverse ETF's over the last 500 points up in the S&P since March of 2009. He's a complete amateur that has no...
  8. L

    Prechter wrong again--this IS a top, and a major one

    The worst thing you can do is ignore the primary trend of the market and try and play "Pick the Top". Certainly, you can look for some sort of a fibonacci retracement as a potential target (such as 61.8% which equals 1229 SPX), but I'd rather use several simple moving averages to tell me...
  9. L

    POLL: Do you think that the current state of US Republicanism is pathological?

    I disagree. If what you said above is actually true, the Obama Administration wouldn't be having Robert Gates as the Defense Secretary and we certainly wouldn't be spending over $700 Billion on the FY-2011 DoD Budget ( a record ), let alone $150 Billion on Iraq/Afghanistan. The...
  10. L

    POLL: Do you think that the current state of US Republicanism is pathological?

    Really now... Is that why Bush wrote a $17 BILLION dollar check to bail-out GM and Chrysler in December of 2008, and his Treasury Secretary Hank Paulson created the $700 BILLION dollar "TARP" to bail-out the Banks instead of allowing some of them to fail? How "market-based" were those...
  11. L

    Prechter wrong again--this IS a top, and a major one

    He initially went 50% short around SPX 1000 after the first week of August. He added another 50% around 1038. He then called to go 200% short (without a stop-loss) around 1106 SPX in late November. On January 15th of this year, he called again to go 200% short. This time, the SPX was at...
  12. L

    Prechter wrong again--this IS a top, and a major one

    Did you even listen to his interview? Doesn't sound like it. He said that it is the 3rd best shorting opportunity in the last 10 years. (2000, 2007, and now 2010)...
  13. L

    Emergency Fed Meeting

    set for Monday at 11:30am Eastern. http://www.federalreserve.gov/boarddocs/meetings/2010/20100405/advancedexp.htm :eek:
  14. L

    Obama doing a better job than Reagan when it comes to Unemployment.

    Interestingly enough, Palin has asked that her name be removed from the Republican National Committee's official fundraiser "invite" that is to be held for 4-days next week in New Orleans. Apparently, she wishes to distance herself from the GOP as much as possible . . . A true "tea-bagger"...
  15. L

    QuoteTracker YM/ES not updating

    And who are you using as your data-vendor?
  16. L

    Ewj: elliott wave

    P2 Could Be Over . . . C = A on the RUT yesterday at roughly 667.79 With "A" having traveled from 342.59 to 535.86 With "B" having bottomed in early July at roughly 474.52 and traveling 193.27 points to 667.79 in a 5-wave ending diagonal. Yesterday's RUT High: 668.16 :cool:
  17. L

    Palin Crossed Border for Health Care

    Palin Crossed Border For Canadian Health Care Sam Stein – Mon Mar 8, 12:26 pm ET Former Alaska Gov. Sarah Palin -- who has gone to great lengths to hype the supposed dangers of a big government takeover of American health care -- admitted over the weekend that she used to get her...
  18. L

    If your ass burns and you wipe and get some blood.

    Or... he got bent over by Johann. :D
  19. L

    If your ass burns and you wipe and get some blood.

    Colorectal cancer is the #2 killer of Americans over the age of 50. It killed Katie Couric's husband at age 42. You need to go see a gastrointestinal doctor and get a colonoscopy. You will be sedated, so it won't be that big of a deal. However, you have to drink 8 ounces of this liquid...
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