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Dawg... Definately time to goto 2 contracts... May 1 should be your startoff date. --MIKE

DT1... you still trading?

I would like to see Kimmel's trading P&L.. The reason I am being hard on Kimmell is because.. anyone that make these long term predictions should be suspect... If I ask a professional profitable trader what he thinks will happen 12 months.. they always say.. I dont know and it doesnt matter..

You missed the point... Lets say company XYZ announces earnings tomorrow that are up 1000% and sales are up %2000... I bet the stock would already be in an uptrend and most probably continue its uptrend. But if 2 months later we find out the earnings are fake.. the stock would have still been in...

Total BS.. If that was true.. than I am sure Greenspan has an etrade account somewhere and trades right before he makes a fed decision... --MIKE

In the very long run.. its all about earnings and sales... By the way.. for every bad thing Kimmel told you.. I can mention a good thing... Like... major war victory in Afghan, Iraq.. gone with Arafat.. valuations are cheaper... THe point is that you can paint the picture with any...

Nice... maybe you should consider going to 2 contracts very soon.. --MIKE

dawg, did u catch that big move in the AM?

Try the ADX indicator.

What pattern do u trade?

VORZO.. I sincerely wish you all the best... and I realize that you are a clever person. Here is my problem... Jack came along from another site claiming to teach people how to make thousands of dollars as a beginner.. using somewhat esoteric methods.. that many people still dont fully...

C'mon lets be real... all times of the day? You are telling me Jack can trade the AM. the midday chop and closing all using his methods successfully everyday? There is no method universal to all types of trading conditions.. and all parts of the day. This is completely bogus. His...

VORZO.. You are trying to make sense of the market... as if they really care about MACD and crossovers.. your post sounds as if Jack knows the rythem and rhyme of the markets... "#2 channel is already broken with 5m MACD cross so you have your flaw and exit." This sounds like the...

VORZO, You really should take the results of the system testing for what they are. Jack's method really gives you NO edge. Now, you are at the point of applying a layer of discretion which you think will improve the results... So in reality it would be your discretion not the system that...

Raising volume can also be the end of a move.. so be carefull with this type of analysis... How do you know if its the beginning of a big move.. or just a climactic blow off? Again I think in reality there is no edge with this type of analysis.. ( just my opinion) I use metastock mostly for...

This is whats most important to me... Lets say.. we have a stock in a nice uptrend.. then it decides to pause... it forms a series of narrow range bars for 10-15 days.. then one day it forms a big white candle breaking out of the narrow range.. Normally I would wait until the close to make...

Sure.. this is what I have done.. a while back... I took a handfull of fairly liquid stocks.. and ran a simple backtest looking for breakouts with above avg volume .. and breakouts with lower than avg volume.. the results were always similar... For example.. Assuming I took NVDA... i would...

This is what my swing trading studies do confirm and this is what I place emphasis on when selecting trade setups... - Where the stock closed... for longs I want the close to be in upper range of the candle and i want the close>open. Basically I want a nice looking white candle.. and the...

DT1.. I am just curious to know why you need a confirmation of increase in volume to play a breakout? I have done numerous studies and they all indicate there really is no difference in the 2-7 day holding perdiod.. I am just curious as to what research/testing you have done regarding...

Yes.. price is tightening near the highs in a wedge formation... Could break up or down from this wedge... Personally I would avoid APOL at all costs.. look at each bar individually and you will notice how choppy this stock tends to be... But if you wanna play the stock.. I would wait for...