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Fresh outta the oven: 15% bullish, 22% previous week 64% bearish, 49% previous week 21% neutral, 29% previous week (lowrisk.com's sentiment numbers)

nzbryant, for Mak and the others who have drunk the koolaid, its a matter of emotions not cold hard facts. Anyone and anything that calls into question Jack Hershey's methods is the spawn of the devil and must be eradicated, ignored or hounded till it recants (not necessarily in that order).

Don't bother these guys with something as silly as reality.

milan, congrats on a great trade! Just one Q. Were you watching for the inside candle that formed at noon? If so the buystop would go just above it and the stop below it. The way you've drawn it, I'm not sure if that's the way you planned it or whether you've taken the next candle as the...

reuters

And also gold stocks fit that bill. Today, you could find dummy entries in almost all major gold stocks. GFI actually gave two signals during the day.

I've also been thinking of a different way of trading dummies. Rather than waiting for a scan to pick up a candidate, why not have a few preselected and watch them? For example, why not pick out a few very strong stocks and see if there's a dummy long set up during the day? TS fits the...

See attachment for details.

AEOS also gapped up on high volume but wasn't able to sustain an uptrend after that.

AMD was in play due to a glowing article in Barron's over the weekend. Due to the article, the general tone of the mkt and the fact that it didn't gap up too much, I was looking long. Of course, in hindsight, the hod candle would have been a great dummy trade short.

bump So I guess no one here uses this broker? Odd.

NG is acting much stronger than CL.

Reserves are being loaned, no real damage has been done to the refineries and OPEC finally acquiesced to giving the world a break. In any case, who care for all this talk? The price action is telling us all we need to know.

There was some recent talk about IB not passing on rebates. These guys do. I'm curious why they're not that well known or popular. What they offer - commissions and software - seems to be very appealing.

H/S is complete: http://www.futuresource.com/charts/charts.jsp?s=CLX05

I was googling for scanning software and found this: http://www.ptsbroker.com/ Anyone familiar with them or use them? Apparently they're not on the ET broker list. TIA

GNSS trended a bit better but I still don't like it when it breaches previous candle's low. Still about a +2.5 R.

PALM gapped down hard (17%). I was looking for a bounce up. It gave one but very weak and brief.

BOOM gapped up (but not too much) and coupled with sort of day/mkt I believe we're in I was looking to buy. Very tough to hold on to it through mid-day shakeout so lost out on the late day ramp up.

Yeah, in about two weeks.