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I don't know what the problem is. Make sure you have Adobe Reader installed. It's probably related to the Elite Trader document limitations. Instead of downloading the files from here, click on the following links and you'll download the files from a different location. For Nas...

This weekly chart of the Dow clearly illustrates a major 2/3 retracement has been completed, which happens to fall exactly at the primary downtrend line (upper boundary of falling channel). It looks like we're headed somewhere for 8500-8600. Many, many sell signals triggered on my...

The attached file is a daily chart of the Nasdaq. I wanted to point out the potential bull trap that may have been set last week, with a high volume reversal bar that caught everyone long. There is a good chance for a decline to 1875-1900 at the very least. However, due to extremely low...

AAA; I didn't feel criticized by your comments. I was responding to another individuals comments.... PH

I'm not quite sure if I view the response as a challenge. It is not "unusual" for professional traders to use Forex analysis in their daily equity trading routine. However, it is rather unusual for the average scalper/daytrader to know much more than reading the tape and recognizing momentum...

I want to share something with the group. I actively trade the spot forex market, and when I'm not trading it, I'm monitoring it because it does have a direct impact on my equity strategies. For example, the market on Wed. looked like a perfect breakout waiting to happen. First, we had the...

I've met him and know him personally. Not very closely, but we've spent time lunching, etc.... Here's his claim: He states he's made $16 million in the past 3 years, and has the statements to prove it, although I've never seen them, even though I asked to see them. He invited me to do...

Wake me up when Dow Theory is inclusive of Nasdaq, SPX and SOX

I know most of you don't follow penny stocks, but the technical pattern on this stock is just too tempting to ignore. Take a look at the daily on ENGA, going back at least 2 years. The stock appears to be headed for the low single digits from here. Thoughts appreciated.

He certainly claims a big stick.....but let's see some numbers......

Chartwiz; I see the bear flags all over the place as well. To me, it appeared the action over the past few sessions has been a potential trap to the downside. I remain neutral here and more engaged in forex: Long: EUR/USD, AUD/USD, EUR/JPY, GBP/USD As you can see, I am short...

Thank you for your comments. I wanted to add that the points you clarified are really, I mean REALLY old stuff. The term "hedge fund" faded away in the 70's, when directional derivatives in markets such as mortgage backed began to take shape. We drifted further when the arabs were flooded...

chartwiz; I'm sorry I missed this particular question the first time around. As far as placing a position that's larger than the liquidity can handle......You never place a position that is larger than the liquidity ratio of the stock. If you do, you lose a limb. Really simple stuff, like...

To effectively "trade" this type of size, you need a minimum of 3-5 assistant traders on your desk. They will be responsible for particular position placement, management and risk control once they are given the trade parameters. You do NOT do this alone. The head trader rarely manages in and...

I forgot to add, the size I laid out is not considered to be of a "large hedge fund" by any stretch of the imagination. In fact, this is a pretty small size relatively.

I am talking about positions in the range of 350,000 to 750,000 shares in stocks such as CSCO, GE, IBM, INTC, JPM, JNJ, MSFT, and pretty much the top 20 liquid stocks in the NDX and top 10 liquid stocks in the INDU. Approx 10-12 positions on at a time per campaign, but this varies. I have...

I might add the following..... Those that can be somewhat successful at trading Nasdaq stocks consistently, have a good chance of becoming good currency traders. And that's where the real $$'s at.

In the simplest of terms, hedging a portfolio using index futures is much easier than building an entire line of several stocks. The line may take several days, the hedge may take several hours at the most. Pretty simple stuff. Why come here? I try to tap into several diff't streams...

Part 2 of 2 part post. This is the commentary associated with chart... Comments appreciated..... I feel bearish here and am looking for arguments...

Part 1 of 2 part post. This is the .chart of Nasdaq Comments appreciated..... I feel bearish here and am looking for arguments...