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Have you been asleep for the last 5 years?

We finally agree. The thread can now be closed. :p

ok, but you still don't know when the next time you'll see one of your "80% of the time profitable" trades is coming, right? That's the random part. You have to monitor conditions and wait for the signal -- you have no idea when that signal is going to come. As well, you don't know the...

How do cards in a deck relate to the market? You know precisely how many cards are in a deck as well as precisely which ones there are but not their order. Whereas in the market you could say we have an infinite number of cards and we also don't know what they are. I think we are in...

What in the world are you talking about? Gaussian statistics and "impirically (sic), we know that sometimes the markets are more random than other times." Huh? How do "we" know this? The only consistency to the market is that sometimes a move lasts for a while before turning. That's it.

Shit that's funny, dude.

This is typical bullshit fed to newbs. Old reptilian brain? Please. The only logic in the market resides in your own mind. Every action in the market is taken because someone thinks it's logical. That includes the trading programs, made by humans, to take logical trades. Taken as a...

100% agree. Now I fully expect some legislation where retards like these get a bailout when their mortgage goes under water. I think it's absurd enough to happen since the US is a raging country of people who accept no blame for anything. opm8

I think if you're there to trade you should trade. You don't know when a market is going to move, be it at lunch time or coffee time or surf for porn time. Follow your trading plan and don't listen to conventional wisdom, which is neither. opm8

1) Because money talks. 2) If you want to do business with the US, yes.

How is this thing different from the myriad of chatrooms out there? opm8

Yes I agree with all this. I suppose everyone has their own methods of judging support and resistance.

I guess if you call a top often enough you'll eventually be proven right. These links you're providing are excellent fodder for those fixated on some mythological percentage retracement as reason for a market turn. Instead of criticizing you I should thank you, of course.

What does this mean in English, please?

So we are to expect "profit taking," are we? Thanks! You seem to know everything about the future including how people will feel. I envy you.

Do people actually base trades off this kind of horse shit? --opm8

Well, he may be the best but unfortunately he doesn't respond to emails. Anyone else out there?

Anyone have a good reference? I have some stuff I'd like coded. Thanks. opm8

I use bcwipe. It's what the US DoD uses. In fact, I'm running it right now. :) opm8