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Aphie, pardon my bluntness, but you are a dumb putz. The market is oversold, you are correct, but it can go way lower. Key supports were broken today. Any trader worth his salt will be prepared for a bounce tomorrow, or a continued selloff.

Russell 3000: Points down: 95.01% Volume down:90.51% SP-500: Points down: 96.14% Volume down: 91.34% Another 90% down day. I cannot export on my database an accurate group for NYSE, to match issues and volume as reported by NYSE, If anyone can,let me know

The Bullish Percent indicators are Stockcharts proprietary indicators. The indicator is the % of stocks in a sample which shows a bullish point and figure chart, and I think what they consider bullish p&f may not be standard. Not sure.

Russell 3000 for 9/3: Points down: 96% Volume down: 94.2

Russell 3000 Points down: 90.9% Volume down: 88.8% Another big day from the Lowry point of view, and following 9/3, a confirming piece of date that a new leg of the Bear is upon us. I was away on vacation 9/3 so I did not run the numbers.

Forget it Gekko. Don't think too much after hitting the bong or the sauce. It really is simple. The market goes up, or down, or does not do much of anything. The indicators won't tell you what it is doing until it a move is is pretty well on its way, but price will. Follow price until it...

Oh boy, the Lundyites are here.

Relieving double taxation of dividends and/or lowering capital gains taxes (both of which I philosophically favor) would create burdens elsewhere in the federal tax and finance system, in the form of either other compensatory taxes or greater public debt,or a combination of both. The tax rolls...

Its a very good program for scrolling through charts. You can develop stock lists and you can write your own scans as well. The canned groupings are useful as well. http://groups.yahoo.com/group/Telechart2000_Users/ For scans, aka PCFs, http://208.240.253.153/tradeon/tc2000/

Okay, let's hear it already. I'm sure trdrmac is going to get a cramp with his other arm.

Russell 3000: Points down: 90.7% volume down 87.35% SP-500 points down: 94.55% volume down: 90.88% Friday and today, huge distribution days, almost 90% each day. Early July had similar % days.

momo days are long gone. But the principle is to find a trending stock, long or short, wait for a pullback, and enter upon the resumption of the trend. The 5 day thing is just juice for sales(of his method)

But you turned into a slow kitty, judging by how the "ways and plays" journal got cancelled so early into the season.

I like many posters here and would not want to make a list for fear of leaving anyone out. Except for one, myself, I always revel (or cringe) at my own posts, especially my journal.

You can short the opening day. The 30 day rule was a myth perpetrated by the brokerages to inflate IPO stock values quickly.

SOld 2nd 1/2of Rydex SP 500 8/22 @8.80 +.96 Sold all of Rydex Naz 100 at Friday's close 11.50 + 1.07 Those were the position trades on the Summer selloff and rebound, about net 9%. Should have scaled out of the Naz fund because it dropped almost 8% on Friday. Today, long JCOM 23.05

Chas,please put a reference to what the numbers represent on the xls. file.

Russell 3000 August 23: Points down: 92.86% Volume Down: 85% SP-500 Points down: 96.27% Volume down: 89.31%

Whatever you are drinking, send me a case of it.

December 1999, A trader I knew shorted an IPO, 8K share, I can't remember which stock it was. But the stock went quickly 90 points against him in a matter of days and he was down 700K. He sat tight and covered months later for a profit. At about the same time, a daytrader at Andover, a guy...