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:eek:

I was IB's biggest retail customer, giving those bastards 10k a day in commissions. I was astonished when they gave 460k in rebates out this month to a group of traders who experienced a blackout that was probably a non event. Non event meaning no big money lost. Last winter, IB went...

did I disturb the complacency? these boards are dominated by close minded people. almost EVERYONE here thinks the bear market will last for 5-10 or maybe even 30 more years. as soon as someone comes along saying something different, everyone stamps their feet in disgust. I will not say...

the day of 10 point moves in the q's will return.

what bear market? this is just a 2 year correction. look at the bigger picture.

Everyone wants to jump on the bashing bandwagon. yet there is SO MUCH CONFUSION! flamers, get your torches ready!

do technical traders rationalize their losses with news, fundamentals, conspiracies? lets play the blame game. market makers feralous fed bush team shorts longs wcom earnings window dressing hedgies economy blahh blah bla bl b

once the NDX closed the gap this morning, it was set in stone that it must also take out yesterdays open. That is why we bounced. ITS CALLED CHAOS THEORY.

who was that who said "don't abort, stay short"? :D

can you say BOOOOOOM

ONLY i expected one of this magnitude in the last hours of the day. :D Each day, I know where the high and the low will be, relative to the previous close. Its my gap play. :D :D :D

bet nobody expected a bounce!!!!!! i wonder what it will be blamed on? maybe the plunge protection team. :D

support and resistance is relative to the eye of the beholder. Aaron, to answer your question, I calculate my support and resistance for the NQ's and come up with an exact number. Then I place my buy right at this number. I place my stop exactly 1 tick away! I put my order in early so...

I just haven't been proven wrong in my time frame yet. Just like you said. I will post a chart of the NDX in a few months. Showing where I called the bottom, how low we went, and then how high the market ran up. Only with this kind of visual hindsight will some people figure out the time...

I'm the only one that answered yes its possible, and yes this is the bottom. i wonder if thats good or bad? I can see i'm gaining in popularity on ET.

I just finished doing 3 things: i talked to Mr. Greenspan, I talked to my psychic, and I talked to my dog. All 3 confirmed that this was the bottom. I'm going to go one step further, and jump off the proverbial limb. So here goes. <h1>This is it folks, the next bull market</h1>...

ta da. You guys just don't get it, its a longer term trade, it means the stops are bigger than a 2 min scalp! It means if it takes me 2 weeks to nail the bottom and we go up for 15 weeks, I make money. ta da

Won't make new lows for a couple months.

Is it possible to pick bottoms? Is this the bottom? If you answered yes to the above questions, you are a genius. If you answered no you are a lemming.

there will be no new lows, 963 will be as far as she goes.