Actually def, the market was moving higher, but really started to accelerate after Pitt resigned. The political commentators also predicting a great night for the Republicans didn't hurt either.
It is a bar count. Nothing more, nothing less. There are no fixed numbers.
I wouldn't dare get up from my computer more than 2 or 3 minutes at a time - just enough to relieve one's self or get a quick bite to eat.
neither - higher highs and lower lows.
In this case, 12 lower lows, and then 12 higher highs. It is a tool I use in addition to Gann. I would never, ever trade just off this tool, but the 100% bar count is very accurate as you can see in the chart.
God this is weird. I remember seeing this site several years ago, and just remembering this I performed a search on this site for "remote viewing" and this thread popped up. Very stange that this thread was just started a few days ago.
We are still in a bear market. This is the start of the corrective 4th wave up. Eventually we are going to continue to drop. 2003 will also be an ugly year for the small time investor/mutual fund holder.
The $5,000 is a commitment. I find it funny to read posts like your's every single week that seem to think prop trading firms are out to scam you. Not true. It is in their best interest to make you a profitable trader. If you blow your capital, what would you trade with? If you can't trade...
33 years old
B.S. Business Administration
B.S. Accounting
Commercial banking background
Started consulting companies with cash flow problems 6 years ago
Started trading a year ago