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Can anyone recommend some good links or books about pivot points and their application to futures or individual stocks? Thanks in advance!

Can you repeat this in layman's terms for me? It sounds like chaos theory mumbo jumbo! I think you are describing basic tape reading using scientific terms. Matrix of paces? Cells migrating through paths and market operating points? Can't you just say that when you sense an order...

You can trade exclusively from price action on the tape and do well, but you need a good memory of the critical levels for your stocks. For the mental midgets like myself, I need to complement price action with charts to determine these levels. I don't find stochastics useful since it just...

Candle, your leftist rantings and ravings are becoming predictably boring... _________________________________________ God Bless the US of A and nuke the French and Germans along with all Islamic Fundamentalists!

I agree. In some stocks, using a market order is like giving the specialist a blank check. In DJ for example, he'll hold my market order for up to two minutes so he can gauge the stock's order flow before giving me a print. I also hate it when you see size on the Openbook at the inside quote...

Sorry...can't help you there. The more people left in the dark about how to daytrade NYSE, the more money that goes in my pocket! It's Darwinism at it's cruelest... Kidding aside, I can give you some general help but nothing too specific.

Thanks Trader42! Those links were helpful!

Scalping from a few pennies to whatever I can take out of the market, bro! Just trying to keep it real and go with the flow!

Can anyone recommend good stock charting and screening software that works with Mac OSX? I never knew how deficient Macs were for financial titles. Thanks!

Scalping listed stocks still works consistently in any market. It's not glamorous and you won't put up sexy five digit numbers but you can be net positive a few hundred to a thousand bucks a day until the market gets better.

Openbook on Greybox (Hold Brothers) is very good, too.

Why do newbies always ask for opinions about where the market will go in the future? Just go with the flow of the trading day. Don't trade based on preconceptions. ____________________________________ Opinions are like assholes...everyone's got one

Yeah...only the newbies panic out when they see block trades going off.

I've read that before and it was acknowledged to be an internet hoax. Everything in it is true, though! Let's do our patriotic duty and forward a copy to a frog eater today!

I heard that they've let a lot of people go and they aren't offering a salary or draw to new people unless they've got a good track record. The information on their website appears to be outdated.

This also happens in listed stocks in NYSE Open Book and when Specialists fade big bids or offers. These tactics are how Specialists and other daytraders create the appearance of buying/selling pressure and/or support and resistance points. This stuff has been around for a long time and it's...

I use tape reading for less liquid stocks.

Gee, Hank... Don't like Arabs much?

So in 6 months, he gained 4 years? Maybe he's aging in dog years...

If the rest of humanity shared this inward thinking, we would still be living in the dark ages. Parasites like Phantom are enjoying the technological comforts and marvels that brave, forward-thinking pioneers have risked life and limb to develop. We will probably have interstellar travel in...