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You kept this terrible position for 8 months???I will say it again if you were in a respectable institution and you did not take your stop loss , you would be fired. However in your trading microcosm, if you think that you are good trader, that is what counts for you :-) Best of luck in...

I was short IIF from the open(30.45), covered it at 29.74 after the ES rally started. Market went up another 8 handles, the specialist's closing print of the stock was at 29.30 7K shares. Very bizarre action after this major ES rally, but it was also interesting to be short a stock from the...

End of the trading day 5/13 most commodity stocks gave buy signals confirmed w/ MACD convergence i.e PD, N etc... Short term the group is slightly bullish on technicals.. However I would not take any overnights at this point, will trade on daily basis wrt to the trend..

I do not think this as a trade. It is a classic " Hail Mary" position and a very bad one... As some fellow ET's mentioned where was your stop loss? You would/should have been fired in a financial institution for this illogical position.. Sorry but this is the truth...

Great job, so that makes you a news trader not a tape reading trader or sector/group player trader. You should give better examples in the tape reading avenue...

If you were long $ around 1.35, you would have been a happy man, instead of wasting your time and energy w/this EW crap. You should give it up on EW, it ain't working...

You made my day. Great news.. Thanks a lot..

You will see more hedge fund blow ups very soon. Especially the ones who shorted bonds and long S&P's and Nasdaq..

Where can we get the NYSE stock names that are included in this program? I checked the NYSE web site, could not find it? I would appreciate fellow ET'ers assistance:-)

Very funny. So you are saying that compliance is a bad thing. You should be worried when your firm does not implement compliance rules. Assent does a great job in that. My office just hired 10 more traders in the last month. Assent is doing great. Those " dudes" that you mentioned probably...

If you trade NYSE stocks, Assent is the one. If you are a Nasdaq guy, it depends on the deal/training that you are getting wrt Assent & Hold. Assent is a very professional organization, Hold Bros had the worst clearing system that I have ever seen in my life. Probably they must have changed...

Senor Shortsqueazed : Were you short squeezed bad when you were at Assent and they tapped on your shoulder to cover your positions market? From your comments it is very obvious that you were one disgruntled former trader who had a misfortune.. Assent is doing great from what I see and if...

Well home prices are extremely high for an average income earner. Real estate is a cyclical business and I assume very few of you have experienced the downturns in the real estate market. It may be very ugly for the new home buyers who are paying the irrationally exuberant prices at the moment.

Incomes are not going higher, thet are falling.. I do not know the exact timing for the housing crash(may be after FED raises 50bps more), but when it happens it will be very messy. Everything goes back to fundemantals.. U.S. January Spending Unchanged; Incomes Fall 2.3% (Update1) Feb. 28...

For a single guy, my list will be like this 1) New York City 2) Washington DC 3) Chicago 4) Vancouver 5) Phoenix 6) Minneapolis 7) Miami

Stock made its down move anticipating the lock up days before so covers around 182-183 are good covers looking at the chart and the love of the analysts for this stock at this moment...

Good trading, Great job. I would have done the same, after seeing the sell imbalance and large blocks in the morning.. I would not be surprised seeing upgrades in GOOG tomorrow...

If you like Arab culture, I can recommend it. Otherwise you may regret it. It is becoming a financial center and lots of Russian money is going there as Cyprus got into the EU(more strict money laundering rules with EU) Also if you are single, you may not mind and build your wealth in the...

I skimmed his book. He sounds too bullish until 2009-2010(Dow 40,000) He also does not see any housing buble until 2010. I also remember though that he was very bullish about the internet stocks in 2000, as we know that some of them went down to the toilet. I also recall that Munder Net-Net...