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there's no way I would buy anything until Friday's jobs report. There is new disturbing news that -- may not -- be priced in yet. China is in recession and California is in a state of financial crisis. Nuclear powers India and Palestinian are feuding. Plenty of room to fall more...

Better wait until Friday's jobs report. It could be horrible.

I use 1 minute chart for the TICK indicator-MACD 120,260,90 and 5 minute chart for the VIX indicator- simple 10 ma Reminder that the VIX in an inverted chart, i.e. if the VIX goes down, thats bullish. When the trends on both charts agree, then its a potential trading opportunity.

Bingo. I've seen some truly amazing hits on the Bradley chart. 6/7 and 9/20 come to mind this year.

Sell any rallies untill Dec 15th. After Dec 15th, climb aboard.

I guess my real point is.. Do you really think the US Government will let the banking sector go much lower? Obama is a socialist who believes in governement intervention in such matters. as a banking crisis Logic says that Uncle Sam will step in if things get much worse. There is a...

The market will remain in the dumpster until precisely Dec 15th, when a wave of Obama-fueled optimism will begin. Remember, precisely on December 15th.

You do realize that financials are down 42% since the election -- even with Friday's rally? Thats a 42% drop in only 13 trading sessions. The XLF index is down 73% of June 07 highs. 73%??? Thats some markdown. We know the government won't let the banking sector fail. Therefore at some...

A 'healthy market' should rebound very soon from here. Friday's CPI number could be the torpedo that sinks the ship.

You goal as a day trader should be to take a quick look at a chart in a fast moving market and get the maximum information in a mere glance. That means learning candlesticks. Watch the tails.

Lower Tax Rates? Does Obama know about this??

I'm not sure where the optimism comes from. It's obvious to everyone that inflation here and it's growing. Food and energy prices up every month. The comsumer is managing by inflating their credit card balances but they can't last forever. the Fed lowered its 2008 forecast for real GDP...

Now THAT was an amazing call on the NDX!! Holy Smokes!!

I'm struggling with proven strategies too. Any ideas on what the psychology is behind the market? Was it that SEC ruling on assists that's fueling this rally?

some bearish numbers from 3-4pm Highest down volume on the IWM hourly chart since April Largest gain on the VIX hourly chart since April 8th....

According to my level IIII top-secret super system. I could explain how it works........but then I'd have to kill you. :>)

OK Jay Trade.. give outr your all time best 'system', i.e a trading approach based on market psychology instead of TA. Not interested in charting. Anybody can look at a chart and do TA. Computers can be programmed to fire off trades based on TA. I'm looking for something outside...

That was Fun! Can we do it again?

no worries now that......... THE PPT IS HERE TO SAVE THE DAY!!!

What Cramer meant to say was that this was a 3 week bear market and now we've hit the bottom. Bulls in control now. shortest bear market on record.