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  1. J

    Spoos may trade locked limit up come sunday night

    Heh, can't. :) MB Trading doesn't extend hours into the weekend. Trust me, I wanted to when it was trading at 885. Its hugging the highs like nobody's business.
  2. J

    Tax treatment of SSFs?

    Are SSFs considered commodities and therefore have the 60/40 tax treatment like "mainstream" futures?
  3. J

    Spoos may trade locked limit up come sunday night

    As I write this, the spoos are wrestling with resistance at 890, +11.50. I'm thinking its gonna test 900 come Monday.
  4. J

    S+P vs S+P E-mini

    But what firms allow trading during these times? Unfortunately, MB Trading does not have extended trading hours for the futures and IB is still limited.
  5. J

    Where Are We Headed?

    I agree except for the part about crashing the October lows. I'll think we'll find support there. The economy may be sluggish, but not enough to tank past October
  6. J

    Los Angeles?

    Specifically the South Bay hook-up.
  7. J

    What kind of game is this? (NYSE Specialist)

    Thanks for replying all. Its MVL and its unusual in the fact that I don't remember this behavior before it took off on its extended post-Feb bullrun. It could be I just never noticed or watched the close that closely, but I don't remember it being so... clockwork.
  8. J

    What kind of game is this? (NYSE Specialist)

    OK, I've been tracking/stalking this one listed stock. Its a steady, liquid stock that's been holding up pretty well. But in the past few days, I've noticed at literally the last second (say within 15secs of closing) that there's a spike and big ass block print of 20000 shares (big and...
  9. J

    EBAY

    Actually, its personal for her, which I don't agree with as a good motivation for a trader. She took a loss on her EBAY options and taking it out by scalping EBAY short. It showed weakness this Friday, but it's still holding at support. No major breakdown yet or significant bearish...
  10. J

    EBAY

    Anyone ever see the phenomenom where a stock that hits one of the hundreds picks up a helluva amount of steam and keeps on shooting? Round numbers like that serve as support/resistance. I remember a few days ago that EXPE was approaching 50. Pre-split would have made it a 100. It was lagging in...
  11. J

    Position Sizing Strategy

    Taking a cue from the profit taking strategy, I'd like to discuss the optimal position sizing. All of the Dr. Elder books emphasize that position sizing is a much overlooked, but incredibly important part of a daytrader's overall strategy. It also seems that putting more than 2% of your...
  12. J

    WOW!!!! Last few days have been a scalper's dream come true.

    Well, if this is the "bragging" thread, then I have to say that I've had three days in a row with no losses. No homerruns, but some good point gainers, especially considering that I only do this part-time. Of course, it helped that I lost 25% of my initial capital and started to LEARN from...
  13. J

    Profit Taking Strategy

    Rereading through the Pristine book, I think the reason for the half-and-half method is that it gives you a psychological edge. I don't know if the numbers add up, but I suppose that's a valid excuse. In retrospect, my first play would have made me feel better had I done that. I would have...
  14. J

    Profit Taking Strategy

    When you decide to cash in, what is your method and why? The two most common I've seen is either the half and half where you lock in your profit once you reach your price target and let the rest ride. Or the all or nothing method, selling at the near top (or what you think is the near top). I...
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