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That was a good observation and heads up as I had noticed this yesterday too. But there's nothing wrong with backtesting this to see how it's acted in the past off these high readings and what the correlation is, if any, to market moves. It spiked on 4-11-02, 9-03-02, and 12-27-02 too. Also...

Read these threads: Waxie and Trendfund just don't quit http://www.elitetrader.com/vb/showthread.php?s=&threadid=14570&highlight=waxie Waxie's crappy infomercial http://www.elitetrader.com/vb/showthread.php?s=&threadid=10408&highlight=waxie

Nice column Alan. Well written. Thanks for sharing this discussion with a wider audience. And thanks for your site too which is excellent. All best wishes for trading success. It's funny but when I agreed with what Hamlet wrote that you might have read this tread I was contemplating what your...

Thanks Hamlet :) Certainly does sound like he read this thread and maybe he did. :) BTW the link only works if you're a subscriber.

Perhaps your post was meant as a joke, but if not it sounds a bit arrogant. It seems to me one would be more concerned about the skills of the "competition" pool not the quantity of competitors. My own experience is that the more participants usually makes trading easier rather than the other...

Agree fully. Great points. You know there really is too much personal sniping going on in these forums sometimes. Lighten up folks. :D I mean I've been threatened with two lawsuits in the last few months. One for expressing my dissatisfaction with the tax services of an accounting firm and the...

Ditto :D However some of the other points are well taken too. No "system" really makes trading "easy" over any sustained time period. Perhaps to make the point that the system you've presented is working very well now in this market, which did seem to be your point, would be sufficient. Again...

Humor Appreciated :D

Very good point. There was the secular bear market from the mid '60's to 1981 where the Dow basically went nowhere. Here's a link from Yahoo with weekly prices during this time frame http://table.finance.yahoo.com/d?a=0&b=24&c=1964&d=11&e=25&f=1981&g=w&s=%5Edji But even then, as you can see...

Solid post rs7. That expresses well my own perception of what's up with trading and in the market now. And there were a lot of other good points made here too. Other things that are making trading more difficult than the recent past, it seems, are the participants in this market which seems to...

Hi daniel Just stopped in for a second. Doesn't seem like you're understanding what it is I'm getting at and I don't have time to get into it right this second but we can talk more. Anyway, hope you're enjoying your weekend and have a good week trading. :)

Hi daniel The thing is, if you'll go back and read my other posts, if you know this "something" directly you wouldn't be asking for "proof". What would count as "proof" to you? You wouldn't need to "define" it and would realize the need for it directly. It's not a matter of "accepting that you...

A few more thoughts. Even though I had a straight A average in my major Philosophy in college (which to me never really counted for much of anything :) Ha), I never was particularly drawn to Western Philosophy which of course is what's taught in this country at most all universities. I always...

Used to get it for free the first two years it came out but now I have to buy it if I'm interested. Did anyone else get a free subscription? Or are you now getting it for free? I guess everyone gets SFO for free. I like Active Trader. It has some good content and some interesting and useful...

GeeTO69 Peace Brother :) We won't take it personally. :) HeHe This will get you, :) - The answer to your question, "WHAT TYPE OF "KNOW LEDGE" ARE WE SPEAKING OF BCE THAT IS "HIGHER" THAN RATIONAL KNOWLEDGE.. FEEL GOOD KNOWLEDGE??" is something you already know. It's inside of you. You may not...

Perhaps the answer to your question can never be found in the realm of thought and reason which is where most people try to find an answer. Those who truly understand the meaning of life realize this. The knowledge which knows the answer to this question isn't rational knowledge but knowledge of...

One good way to play this may be a long option strangle. http://www.tcbmarkets.com/education/optionstrategies/long_strangles/default.asp That way either way it goes you're in business. :) I know someone that did this on Wednesday and he collected yesterday around 12.70-12.90. Of course he...

"No one on The Street knows whether Merrill Lynch fired Jonathan Cohen--who, around the time Henry Blodget made his famous call (12/98), said Amazon was overvalued at $240 and gave it a $50 target--in order to make room for his younger rival. But it sure looks that way. "Merrill got egg on their...

BTW here's a 5min candlestick chart for today (1-31-03). http://www.geocities.com/bce111/RMBS_1-31-03.gif I though it had topped out at 13. LOL :D Shows how much I know. Was having problems with my RealTick today which kept locking up and totally missed the move. Pretty amazing. Just like the...

Actually, vhehn, I don't think this is a squeeze other than the people who have shorted it on the way up the last two days. :) Thought that myself at first but there were only 3.84 million shares short, a small part of the float which is also small. I think it's just speculation run amok and...