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lol..... well they finally got that guy. I think he was trying to be the Carleton Sheets of the stock market. For those who don't know Carleton Sheets, just stay up really late with insomnia and you will see his infomercials.

now we see if we get another afternoon rally on a down day with bad fundamental news.

Almost always when a person "does everything right" and still loses money, it is because their reward/risk ratio isn't high enough, or they aren't exiting the trades very well.

I have no idea if they would hire you or not, you just have to apply. Who knows what their hiring criteria is.

I am interested in your favorite patterns, and whether or not you use patterns for daytrading. My favorite patterns are triangles and head-and-shoulders. I use them on 5 minute and daily candletick charts.

ETG has two programs, one for "trainee" and one for "experienced". The difference is that "experienced" is a typical prop deal where you put up money. The "trainee" does not put up money, is not liable for losses, must obey the boss when trading, and gets fired if they lose too much. Obviously...

lol.....yeah wall street didn't know that stocks go up and down until Wade Cook came along.....he he. And now channeling stocks is the new big thing !!!!

I think there will be a retest eventually, but I also have no idea when. Until then it is an uptrend.

bung rider was right. I have known a few rich arabs and they are mostly bored, love Vegas, not religious fanatics, and they don't drink alchohol but they smoke hash instead, they are not pious. It is the poor uneducated peasants that are religious fanatics and that can be talked into the suicide...

too soon to tell.

ok vinnie, you put your numbers out there, but I think you are too optimistic. 870 isn't that far away.

trading in the middle of the day. invevitably whatever i'm trading runs in the adverse direction in the last hour.

www.optionsxpress.com there is no minimum equity.

but there is manipulation in the markets. the futures are supposed to be the tail, and the stock market is supposed to be the dog. But, the tail can wag the dog. if an institution wants to pump up the indexes they can put in a $100 million buy order in for the s&p futures, cause a short...

Jimmy doesn't know who Abby Hoffman was....but that's ok, he's better off not knowing too much. He'll live longer.

the fat lady hasn't sung yet Vinny.

good for you, but if you bought it on valuation, and it just doubled, then maybe you ought to sell.

I agree that we have a "hidden hand" at work here, there is a need to suck some money back into stocks on the part of the large investment banks and the mutual funds. Possibly even specialists and market makers stuck with tons of inventory to unload.

there are no restrictions on daytrading equity options either. I have a regular retail account and I do it occasionally with no restrictions on my account.

I wonder if the leveraged etf's will themselves be marginable ? That would effectively double your buying power. That would be 8:1 leverage for retail accounts. wow. That's even better than single stock futures at 5:1