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I think stocktrader is a confused character. My personal opinion is that the word "trader" seems to imply someone who uses a somewhat risky short term strategy to realize cash appreciation (or for the unlucky persons, cash depreciation). His method seems to be buying and holding...

Thats what the textbook states. The reverse head and shoulders pattern is typically found at the bottom of a downtrend. However, my opinion differs from the textbook. The concept is still the same. You have price trying to fight its way over the resistance line. It tried once & failed...

His other pick last Friday was GIVN. I wouldnt have longed it because it went against my guidelines. Im not a doctor, no medical experience and dont know about pillcam technology. To myself, this seems a little bit gonzo. A publicly traded company whose success rests on a pillcam device...

Here is a good example from last week. OMTR. If you longed on Monday (1 hour into trading session) and then dumped on Weds then it would have been the perfect speculative Friday trade and you would have made between 5-10% depending on your entry and exit points. Looking at the chart, it...

Ok, no speculative Friday tonight. It was just an educational show. The interesting part was that he mentioned two stocks PG and Comcast. He was using them as examples to make his point and not really picking them. Both appeared to show some afterhours volume. I've seen this before...

I think its time to take a little off the table today, maybe 25% worth. Big red candlestick after a good run (5 or more days of up volume) and I think we should see another down day on Monday.

Something went wrong...the SPX is fading...

From 1998 to 2000, I remember houses being very affordable and very reasonable. There was this nice, freshly built 3 bedroom house going for 275000 in Studio City. Perfect location, fresh built, nice. During that time, everyone had the cash to afford it. There were lots of good paying jobs...

Here is a research paper from our friends at Kellogg. This should help this thread a bit.

It doesnt track the spot. Its more of an actual fund that plays the oil futures...right???

Here is a classic H/S.

This has made a textbook head and shoulders bottom. Price target should be 66 once the neckline is broken. I will long once it breaks 56. You could long now but no guarantee it will break that neckline. I will post the first chart and then the second chart of a classic head and shoulders...

Im going to start posting to this thread tommorrow. I want to re-iterate the risk behind buying/holding Cramer stocks. Some will run while others will dump. Let the buyer beware. For example, SPAR. When it was in the 20s, Cramer was pumping it hard. It got to the 30s then dumped to the...

I just received the email. Im registering for the Fall 2007 Wall Street boxing tournament which will be shown on CNBC. If you want to fight me and put your money where your mouth is, now is the time. Im ready to fight. Knocking out some of you dudes who let your mouth fly!!! Lets do...

Your statement cant be anymore false. Life isnt really screwed up until your in prison and picking up trash on the side of the highway or in a wheelchair paralyzed. As long as everything seems to be working and you have your liberty, life is good. The fun life isnt in my mind. Send...

If the truth be known, I have multiple girlfriends and new ones coming in each month. Thats why it costs so much to live in the big city. You pay a premium for the social factor. There is an old addage about the village that its a lot like college but no one ever seems to go to class and...

This might be a good day today Stoney and a chance for the SPX to get back its mojo. Im reserving my opinion until later on in the day. The components of the Janus 20, which have been bearish the last few years, are finally the leading stocks. We'll see what happens with our friendly...

Unfortunately, Bruce Lee, I dont have a degree from Harvard nor do I have an apartment on the upper west side. I dont own Valentino suits either. Despite all that, I still manage to have fun...:cool:

What do you guys think? On a 3 year chart, HPQ looks like its had a nice run and now challenging the 50 day MA while DELL looks like its hit a bottom and on the way up. If HPQ falls under the 50 day then I will have to short. On the other hand, Dell is looking strong as what appears to be...

As most people have pointed out...working sucks, however, there are sometimes evils in life that some of us cant avoid. One main part of work that sucks is the people. You cannot trust any of them. Even if they seem rather friendly and outgoing, you cannot trust anyone. You have to put...