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gap up at the open fooling novice investors into thinking this is the stsrt to a year end rally and then bamm! the rug gets pulled from underneath.

the problem this market presents to traders is the fierce whipsaw action. we could be breaking below significant support and then bamm! the market rallies 100 points in 15 minutes only to reverse course and then head back up again. ITS not just about reversing trend and then acclimating,its...

th PPI was higher yesterday but the market battled back. today,the data clearly shows that inflation is now reaching the consumer with the cpi data.

Implied chance of Jan Fed rate cut "as low as 82% after CPI data" - Reuters

what you are doing is extremely dangerous. a good trader has the discipline to sit out a day if nothing is there for him to trade. thats why trading is akin to a casino. the longer you are there,the more likely you will gamble. leave your computer and take a walk or go to the gym.

alright cocaine. as long as we are all on good terms here. construvtive diologue is fine.

cocaine,i find it hard to believe that you are actually insulted or annoyed by my statement. it was a friggin thread. does every thread have to be so scrutinized? i'm not posting anything outlandish.

GUYS---THATS why is said it was "almost impossible to make money today". most guys are having a tough time but a few guys are doing very well. did'nt mean to paint the board with such a broad brush. talking to other traders and they all said they were having a hard time. i realize there are a...

its almost impossible to make money today,support and resistance just don't exist.

the dollar is rising becasue of the inflation data.

with all the fed did yesterday,the LOBOR rate and the european rates barely moved. this sent a message to the markets that the fed's attempts to help the market are futile at best. now,to add insult to injury,the inflation numbers that were just released a few minutes ago were much worse(higher)...

libor rates and european rated failed to respond to yesterdays fed announcement.

like a charm !

RIMM short worked like a charm. short 1t 100.82 and covered at 99.80.

SHORT RIMM ON STRENGTH AND GO LONG NOK.

they are still worried about inflation and the weakening dollar causing import prices to rise. they are in a very difficult spot.

I bought JNPR into earnings and held. it gapped up almost 30 points.

excuse all the spelling errors,i hade no coffee yet.

there have been numerous posts regarding tradindg discipline,most notably though are the questions about when to stop trading. i know my strengths and i usually stop no matter what when i am up a certain amount. also,if i am up a small amount or down slightly and see notjing compelling.i simply...

did you have breakfast with "the tin man" today? because you are living in OZ.