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  1. M

    Damn.. crash tomorrow..

    The entire world has been impoverished for a long time to include Europe. The living standards for the "poor" here in the United States are a lot better then for the poor folks over in other countries. For example, a homeless man can still live in a shelter where food is provided. There...
  2. M

    Damn.. crash tomorrow..

    ^SSEC Shanghai Composite 3,496.05 9:35PM ET 47.04 (1.36%) Up 1.36%. You can sleep well tonight now.
  3. M

    Cattle as Economic Barometer...

    Cattle price is the steak index. People dont have to eat steak and wont if it does not make economical sense. So as the demand for cattle rises then it can be assumed the economy is also rising. I would say this is a logical assumption although I have no idea the actual correlation.
  4. M

    Damn.. crash tomorrow..

    The SOLF trade is not over yet. On April 12th, the low of the day was at 12.66. Then on April 16th, the high was at 17.69. Retracements are usually 50% the height of the advance. 17.69-12.66= 5.03 5.03/2= 2.52 17.69-2.52= 15.17 On April 17th, the price was at 15 dollars. So the...
  5. M

    Mike's active trading journal

    In review of today, the SPSN trade had me spooked. At first, I could not get a fill on IB although I moved the indicator to "market". No fill for 5 minutes. Then I got a fill and had a stop placed. The price wondered down to the stop, but the stop did not execute. This scared me so I closed...
  6. M

    Damn.. crash tomorrow..

    There are parts of Asia that are so disgusting and vile. There is no EPA and therefore there are some industrial communities where the populace has mutations. People tend to live in crowded houses or apartments, very few people actually live alone. Hong Kong and Singapore are the few...
  7. M

    Damn.. crash tomorrow..

    You guys have no idea what your talking about, no clue. Ok lets put this together. Asia is far from a developed place. In fact, during my last visit in 2006, I had concluded that this is an economy that seems to be coming out of a great depression. Prostitutes in the streets, people...
  8. M

    Big day for GROW tommorrow.

    I often write about GROW because its a great stock to trade and very predictable. The middle Bollinger Band is right at 29.11 and the closing price today is at 29.03. The height of the cup/handle on the chart is 17.56. Therefore, in theory, there can be 3 inflection points. 1/3...
  9. M

    Yahoo not participating in the rally going much lower

    I say long Google and short Yahoo. As Eric Bolling says, stocks making new highs should be bought while those making new lows should be sold.
  10. M

    So I've "invented" an indicator

    Moderator. This thread is typical ET Spam. Please delete thread and ban user. Thank you.
  11. M

    Mike's active trading journal

    Just looked at Spansion. If I had kept that fill at 9.81 then I would have been golden. Just got spooked by the price action. At first, I could not get a fill in the morning for some reason. Then I got spooked. Just looked back at the quote 10.3. Argh.
  12. M

    Will US become a retirement paradise?

    Now that I have read about this on ET, Im thinking of fading the trend.
  13. M

    Mike's active trading journal

    I tried to get in on SPSN. Actually I got a fill and then got nervous cause of the price action. I didnt follow my rules and messed up the entry. The rule is that we want to see a double bottom before we enter a bounce daytrade on equities that sell off 20% or greater in a day. Closed out...
  14. M

    Yahoo not participating in the rally going much lower

    Yahoo has now violated the 200 day moving average. Should I start folding the flag on the coffin?
  15. M

    Mike's active trading journal

    I have made a detailed record of the nonfill. I have a feeling that someone from IB will be calling me to tell me it filled and that I am long. I made a screenshot of the view account screen and made detailed notes. My post here will also help document this non-event shall IB come back upon...
  16. M

    Mike's active trading journal

    Im trying to get a fill on SPSN. Not working even when i place a market order for the shares. Cant get one share.
  17. M

    SPSN bounce trade

    Buy SPSN under 10, sell over 10.
  18. M

    Sorry no crash today, BUY THOSE DIPS!

    No crash today gloom and doomers. BUY THOSE DIPS!
  19. M

    Basket Trade of Losers

    I forgot one other to add to our basket which is HA. The Hawaiian Airline company.
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