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Btw, do I understand that by pronouncing it a "Wide Range Day" that you believe that the next swing is unlikely to continue in one direction? Can a trend not begin at 10:30 am? Is it because the bigger players/investors, those that move the markets, would have placed their orders in the...

Did I underestimate the difficulty? Yes, definitely. Perhaps I still do. I read somewhere that you are more likely to be a better trader if you tend toward self-delusion rather than realism. I am not completely reclusive. As it happens, I swung from extreme stress and workaholic...

Call me a social reject, but I am in love with the idea of generating an income without having to deal with customers and employees. Just as importantly, I would like to preserve the capital I have left (took a whoopin’ this year) whilst combating the evil forces of inflation.

Vielen dank for starting this thread Dr Freud. I started studying a year or so ago with the hopes of someday becoming a Great Investor. I soon saw that price knew things long before I did, so I started studying TA. I am still viewing things with both a fundamental and technical eye and...

The "# of ET posts" reminds me of another correlation I saw for a while: availability of a stock to short. For a while there, I found that if a stock (like POT for example) was available in IB to short in the morning, you could expect it to be an up day. If it was unavailable, you could...

Interesting. Is this a thesis or an actual observation? This would suggest that most ET posters are skilled at reading the market. And although you used present tense, is this a dying correlation (i.e. the ET posters as a group are less able to read the market now than in the past)?

I've been studying price action, s/r, indicators, patterns, and various fundamental analysis on stocks and the economy for some months now. I love the learning process, the $ loss while I'm learning, not so much. Lately I have become very interested in the temporary correlations that appear...

*Blush Blush* Another blonde moment for me. Realized as soon as I posted the thread. But thanks for responding.

POT (Potash) is up 2% on TSX but flat on US markets. Anyone know why?

I put together a quick spreadsheet for another thread, so I thought I would look at a couple of stats. Not a rigorous analysis (10 years of S&P data) so let’s just call them fun facts: 1. There were 166 occurrences of 3 up days in a row and 78 occurrences of 4 up days in a row (45% of the...

Just did a spreadsheet for last 10 years on S&P. One occurrence of 9 up days in a row (ending 11/05/04). Three occurrences of 8 up days (11/04/04, 9/4/03, 3/21/03). Seven occurrences of 7 straight up days, 17 of 6 straight up days, 35 of 5 up days, and 78 of 4 up days. These "up days" were...

The lookup function will do what you want.

A man buys several sheep, hoping to breed them for wool. After several weeks, he notices that none of the sheep are getting pregnant, and calls a vet for help. The vet tells him that he should try artificial insemination. The guy doesn't have the slightest idea what this means but, not wanting...

One Saturday night in fairytale land, Cinderella wants to go out clubbing. Her Fairy Godmother pulls her aside and gives her a magical IUD. "But," says her godmother, "be very careful. It turns into a pumpkin at midnight". Cinderella's eyes widen and she promises to be home by 11pm. 11:15...

Cool! My husband built an Xair that he keeps on a grass landing strip nearby, but he and 3 friends also just took delivery of a Cirrus SR22 Turbo. I'm presuming you are renting the Cessna 210? From a time/frustration standpoint, co-ownership makes more sense to me. But then again, I...

A friend of mine bought $80,000 worth of GM stock at $19. Obviously he's an armchair dabbler. After getting pummelled on Thursday, he asked me if he should sell. I can't trade my way out of a paper bag yet, advice from me is the kiss of death, but I feel badly for him. So obviously he...

For the sake of my long term investments, I want to believe this. But I'm not so sure that oil has overshot to the downside just enough. Wasn't the argument on the way up that the oil companies were still using $80 oil in their projections? IMO they haven't felt enough pain yet. I bought the...

There are lots of prognosticators on this site, most of whom are treated with derision. But if the game were as straightforward as waiting for a HH/HL/HH and then buying on the next higher low (or on the 3rd one if you fancied); or buying after price bounces off of LOD for the second time, why...

Ok you two grinning guys, I concede the possibility that my chances of success are even slimmer than the norm, but just the fact that I'm here makes me a statistical anomaly. I'm not ready to give up just yet. Apparently there is a testosterone ointment out there that improves female libido...

Lost about $20k, 25% of my account. This after having just gotten back to break even (had previously lost $12k over about 5 months). I'm calm again though -- no longer seeking handholding. Truth is I am still flailing around, experimenting with position/swing/daytrading/scalp...