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  1. PoundTheRock

    Fading classical trade setups

    Ju got it mang.
  2. PoundTheRock

    Cramer Brings Down Merck

    From the Wall Street Journal: In the Vioxx trial, jurors connected to Mr. Lanier. At one point, he compared atherosclerosis, or hardening of the arteries, to a tarp holding a load of garbage onto a pickup truck. Derrick Chizer, a 43-year-old service representative for Social Security on the...
  3. PoundTheRock

    Trading ES

    Of course, you are looking for guidance. The answer lies within yourself, and you already know the answer, but instead you came here. Just let me know whenever you need a cold dash of honesty.
  4. PoundTheRock

    Is Vol. Really Important ?

    Spot on Grob -- I don't think you're going to get anywhere here.
  5. PoundTheRock

    The Anti-Capitalistic Inquisition

    Look Ice, the courts will take care of the criminals such as Bernie Ebbers et al. But does that mean we need more laws? Hell no. Sorry pal, I see a government that is overreaching and a bunch of lawyers who are gumming up the system. I get ten fucking litigation actions in the mail every day...
  6. PoundTheRock

    The Anti-Capitalistic Inquisition

    By all objective accounts? You will find that opinions of Milken are split right down the middle. After all, he was the genius that created the junk bond revolution. Perhaps you can expand your horizons a bit...
  7. PoundTheRock

    Is Vol. Really Important ?

    My use of volume is probably less conventional. I use a sample lookback period to compute a distribution of volume across the entire trading day. Then, I compare the pro-rated volume of the current day against its empirical distribution -- it's just a ratio. Based on this ratio, the system makes...
  8. PoundTheRock

    Cramer Brings Down Merck

    Don't be a fool. Millions of people chose to use Vioxx even with its known side effects for better quality of life. And yes, including the remote chance that they die... Another white-trash jury stickin' it to those mean corporate sum'bitches (who give 'em jobs). It's just a simple...
  9. PoundTheRock

    Algorithmic Trading

    I used to do that when selling all the time... since they scampered like rats on the offer. Put in a sizeable bid under the market, wait for the bidding war, and then whack-a-mole baby!
  10. PoundTheRock

    The Anti-Capitalistic Inquisition

    Oh yeah, and we believe the government -- especially ambitious politicians like Guiliani and Spitzer. If you don't think big money is a target for political shakedowns, then you're hopelessly naive.
  11. PoundTheRock

    Cody Willard Disses TA (again)

    Thanks oddi and Holmes. After developing this framework independently, I'll have to check out the SCT thread again. And Holmes.... beautiful country... when I was in high school, we hosted a Maori exchange student named Moana. A true warrior spirit, and our family learned a lot from him in...
  12. PoundTheRock

    Cody Willard Disses TA (again)

    duard, it can be tiresome at the beginning -- yes. But try and get to the point where you can pick out 3-5 trades each day consistently. There is no substitute for watching the market at key S&R levels ad nauseum. Is the market trading at high pro-rated volume or lower than normal? These are...
  13. PoundTheRock

    Cody Willard Disses TA (again)

    Few people have the will and drive to study intraday price action for years... but a funny thing happens along the way. What happens is that a full-blown framework emerges, as the market swings from one level to another. Take a couple of moving averages for trend, some bands for mean reversion...
  14. PoundTheRock

    The Definitive book on Trader Psychology

    LOL! That's why psychologists make horrible traders -- Steenbarger and Elder cases in point.
  15. PoundTheRock

    Need Help

    When you get a chance, ask how many accounts he's blown out. That guy is bad news.
  16. PoundTheRock

    Detailed example of Wall Street Collusion

    He should quit whining like a pussy and focus on his company's results. If he delivers, then he can blow out the shorts. If he doesn't, then he'll be Krispy Kremed. Herb Greenberg reports as part of a free press. Get over it CEO. Is this country turning into a bunch of goddamned babies or...
  17. PoundTheRock

    Venezuela threatens anew to turn off oil spigot to US

    Recently, there was a Congressional hearing on the Internet and pornography. One of the witnesses disagreed with the government interfering with his online site. One of the Congressman replied "Well, we're going to make it our business". Baseball, steroids, porn, etc. Our central government...
  18. PoundTheRock

    Venezuela threatens anew to turn off oil spigot to US

    Yes, with a built-in clause to allow divorces at 35 when they grow mustaches and become swarthy...
  19. PoundTheRock

    The Anti-Capitalistic Inquisition

    Word! The guy is a genius, taken down by jealous government hacks. Unfortunately, the current generation of whiners and tattletales is empowering an ever-growing central government.
  20. PoundTheRock

    The Anti-Capitalistic Inquisition

    The Anti-Capitalistic Inquisition by Pierre Lemieux Posted on Monday, August 15, 2005 There is scarcely one month without a corporate executive being charged with some crime or jailed for something. The Wall Street Journal runs a special on-line section about “Executives on Trial.”...
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