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  1. L

    POLL: Market Close Tomorrow ??? (responses up until 1 hour into trading)

    did you trade your prediction? or was it all just for fun? i also voted the same.
  2. L

    the trend is up, market has bottomed.

    The only reason I posted that chart was cause I thought most people might identify with it. If I posted my other stuff, people would think i'm looney. I actually think that all news and fundamentals are factored in. I rely 100% on price, volume, and time. edit: when i'm wrong, I think...
  3. L

    the trend is up, market has bottomed.

    someone asked earlier if I might share a bit more of my strategies so I don't just get rotten tomatoes. Well I can't reveal everything, but I will reveal somethings. FOR MY GAP PREDICTIONS, I have the computer take a snapshot of the last 3 days OHLC and their relativeness, then I loop thru...
  4. L

    the trend is up, market has bottomed.

    if tomorrow gaps up, there will be no closure. If it gaps down, there will be closure. either way, I will fade the first move of the day. to elaborate a little further, if it gaps down, and the first move of the day is a closure, I will fade it and go short. if it gaps down and first...
  5. L

    the trend is up, market has bottomed.

    :) :) :) :) :) :)
  6. L

    the trend is up, market has bottomed.

    i'm still long :) even doubled down :eek:
  7. L

    the trend is up, market has bottomed.

    You could say I was reacting, but I specifically predicted ahead of time that the gap would be closed. Yesterdays close on NDX was 1022.74 Todays high on NDX was 1022.79 You can call the closing of the gap a coincidence, and that I just reacted to the situation as it unfolded, but the way...
  8. L

    the trend is up, market has bottomed.

    I totally agree. But, I said that I bought out of the money calls, which were almost worthless this morning. They couldn't go below .5 cents before expiration. So, in essence, by using options, it's an automatic stop loss. The risk is limited. So I was just using stop out as a figure of...
  9. L

    the trend is up, market has bottomed.

    I used TA to conclude that if we gapped down, the gap would be closed. That was yesterday at close, today I went long at open. I make a plan the day before. Then I trade that plan as I have today. You can call it a plan, a prediction, an opinion, a bias. But i basically figure out what...
  10. L

    remember SEPT 11

    since you brought up september 11th. I thought I would mention that when we bottomed there, on the NDX, we had an inside day, then a big gap down that rallied into the close. LOOK AT TODAY!!!!! Yesterday was an inside day, today gapped down big, and is rallying!
  11. L

    the trend is up, market has bottomed.

    I'm not at a big loss on my long term option play. I'm actually at a big profit. I'm the king of "dublin down" :cool:
  12. L

    the trend is up, market has bottomed.

    Predicting is a game I play using risk management. Sometimes I'm right, sometimes i'm wrong. I predicted what would happen if we gapped down and so far it's correct. How did I trade this? I bought NQ near 986 this morning. And I sold @ 1015. I predicted it, and I followed the plan...
  13. L

    the trend is up, market has bottomed.

    I'm saying that in order to practically apply them for trading, you must use the correct application.
  14. L

    the trend is up, market has bottomed.

    it's quite possible to predict something.
  15. L

    the trend is up, market has bottomed.

    Fib numbers are absolute ratios that are found in the scientific study of the universe. Its knowing the proper application that is the tricky part.
  16. L

    the trend is up, market has bottomed.

    please don't be impatient, this isn't a chatroom, or a phone conversation, it's a bulletin board for traders who post during their free time. square 7.86 and you'll have approx 61.8 edit: it was supposed to be 78.6, I put 78.2 on the chart cause I just guessed the square root. Sorry if...
  17. L

    the trend is up, market has bottomed.

    now look at this. people arent going to be ignoring these numbers.
  18. L

    the trend is up, market has bottomed.

    I use alot of different types of analysis, and I combine them to get pivot points. I'm not irrationally saying this is the day. It's a very rational thing. read this post from weeks ago. http://www.elitetrader.com/vb/showthread.php?s=&postid=76849&highlight=978#post76849 now look at...
  19. L

    the trend is up, market has bottomed.

    today is the bottom of the bear market and the first bar of the new bull market. I'm 100% long.
  20. L

    the trend is up, market has bottomed.

    I do know dgabriel, Today is the day, I'm certain of it. I will await confirmation when we get a new weekly high.
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