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One more prediction to show that I'm real...if today isn't majorly down (like the stock markets aren't down 3 to 4% today, then we'll see the rest of that tomorrow or the following day at the latest. It went too far, too fast last week.

My short already cashed me out with 10% profit. Hey, some Newbies make the cut. Maybe I'm one of them.

I have a wife that would never let me build an account up to...say...$100,000 and "let it ride". Yes it does have a big element of discretion. On Thursday when the market went bonkers I was going to buy a ETF after the market opened. It gapped up almost 6% and my target sell price was to ride...

Who is educating who here? You know about scaleability. I know about scaleability, order filling, and the rule of 72s. So do Bill Gates, George Soros and Warren Buffet. Can we cut the crap here?

Sent you a P.M. I'm swing trading and my time horizon is generally a weekly cycle. I have thought about what will happen when all this volatility dies down. I've thought that one way to compensate for that is to leverage heavily but I realize in pure chop that might not work. Perhaps move...

Seems like if someone posts, "My trading is going well, I'm making x% a month", they get shot down, called a dreamer or a fraud if they don't instantly post their blotter, or their bank account, etc. So can someone answer this question because its been driving me nuts. I started swing...

Argh! Stopped out. Teaches me to second guess myself. My system uses end of the day prices. Now do I short or not. Waiting for the market to tell me what its going to do..

And here's the rest of the story. I told myself I'd wait until at least 10 AM to see which way we're headed since my funds are un-frozen. Its going back up, so a lack of a sell signal is a buy signal in my program. Went long after the market was up 1.66%. I figure the market will keep going...

Alright, which one of you guys is the AP writer: http://finance.yahoo.com/news/Wall-Street-gives-up-some-apf-14731798.html

Sorta looks like we're going to resume the overdue correction. But I stress that a trend won't be established unless the markets fall another percent or two tomorrow. If it does, I'm shorting. SM

Heh, as an aside, Geitner was saying in his joint testimony that the Government needs a mechanism to shut down large firms. And hey, if you take a loan, the government may just tax you 90% if it doesn't like the way you do business. Scary, scary. Would *YOU* take a loan from a lender with...

Check it out: http://money.cnn.com/quote/quote.html?symb=RUT Three failed rallies today. Is this a head and shoulders? By my revised calculations, if we drop two more percent from right now, we'll ultimately keep going for days. Hey, it takes guts to try and call it. Even if I'm...

I'm not taking advice. I'm giving it. I've (literally) paid my tuition and I've watched markets for 30 years...time to act. Wish that you had been serious but I appreciate the admission.

Thanks, again. Hope you're getting the same answers through different methods. My 3-day holding expires tomorrow. I'm waiting to see how close we get to that line and which way we go thereafter to place a bet. Too dangerous either way since my time horizon is longer than most. Maybe I'll...

The market is giving back its gains, resuming the selling that should have started in earnest on Monday. If the markets are down 5% from yesterday's close (maybe between today and tomorrow combined), my chart's telling me it will keep moving down from there to correct from a couple weeks of...

Yeah, yeah. Pile it on...I can take it.

Meddling Government! I think we would have been down, if not for the government buying up bad assets. Didn't hurt me because I was long and sold on Friday, then I have to wait 3 days. But if I didn't have to wait, I'd have gone short and gotten stopped out. Really drives home the point to...

Good to know. Got a recommendation? SM

Thanks on the "good job"s. Thanks for confirmation on the downtrend. It may only last a week for all I know, but I'm 75% certain. If Monday and/or Tuesday are tepid or down, ll be 95% certain. I've been here since 2004 haunting the economics forum. There are some guys there that really...

Ok, I posted about how I was a newbie and I'd figured out a system, and asked some questions. Got one good answer, and four flames. I'm not day trading, but riding market trends over multiple days with the same holdings. So I put it in practice, and I've made a little money. 10% in a...