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Updated at 7/22/2009 close. There was a 4 day long divergence between the forecast and the price action of Aug LC last week. A day or two of divergence is normal around the market maxima/minima, but 4 days is a little out of character and is usually due to some shock, whether it be positive or...

Bingo, especially b/c there was a positive divergence rally at the conclusion of the multi-month negative divergence. It played out, and things have been reset.

Who'd they get that loan from, Tony Soprano?

It will rocket to $100, fall to $50, and close flat on the day, at least that's what the Psychic Hotline told me. Vigorous buying of the 26 week breakout / 200 day MA cross (by trend following funds) has given prices an upward slope with a little distortion on turning days. Dollar weakness...

I would agree with that comment. The emini will obviously draw more retail traders/investors. Your observation seems similar to getting a real time pulse on the small trader positions that you have to wait 3 days to get from CFTC on the COT report. You could quantify that, and try to...

I started trading in July 2007 with 20K. I more than tripled it. 2008 was good, results not quite in the 300% range though. I'm enclosing a copy of my 2007 schedule D for proof, something that I encourage others to do. These results are obviously audited, and finalized for the year 2007...

SPY...weekly chart w/ 50 day SMA, look at period from 9/17/2001 to 3/11/2002. Look at the fact that it's a similar setup (move of same magnitude after a sharp selloff, finding resistance at the 50 day. Feels/looks quite similar as well. Hard to say what will happen with the Fed is on the bulls...

That would be a function of the 100% rally in oil that hit the skids in June.

It just makes the most sense.

When? When will the absurdity stop? These fools are acting like this is a game, and they're shooting from the hip on almost all of these programs. Rent your house?? WTF??

Here's a "sweet" setup in the making. October Sugar Futures.....

Fiduciary Operations Really Disappointed

Newly generated, alternate forecast with a higher probability of unfolding. --Alt forecast--

Updated live cattle forecast. Today's upside break prompted the generation of an alternate forecast. They're pretty similar (older/newer forecasts), one's a downward meander (old one), and the new one is some sideways chop for the coming weeks. If you look closely at the two forecasts, you'll...

Shorting GS into earnings, especially since FASB 157 tinkering, is dangerous. Technically, it was a solid setup, but the exogenous events over-rode the technicals. I have felt the rath of the GS short gone awry, and it's not something I wouldn't try unless you had more reasons than just...

Oh boy, not the infamous SMacke video again!

You buy 500 shares from some anonymous seller, the transaction is logged as 500 shares, and is dumped into the cumulative volume total for the minute/hour/day. It was 500 shares changing hands, and that's it. No reason to double count, as it makes no sense. It was one transacton where...

Levy a tax against a person, based off of a % of their total medical costs from the previous F.Y. The people that strain and drain the system need to pony up. Those of us that are healthy, and see a doctor very little should not be making up for obese, diabetic, asthmatic smokers with...

You're right, the game has changed. Market competitiveness has grown, and the days of easy money are long gone. Things will only get tougher from here on out.

CACHINGO!