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Thank you. The request from TraderZones is not wholly unreasonable, but it is like you said- I want the old threads to be sifted away and do not want people to have to scroll to the bottom each day to read/comment on that day's information. Plus, my biggest hope is that I get drowned out by...

No. I only like to do it the first time. What I want is a rapid movement one way or another when I enter something and find that (for me), net-net, I lose when buying/shorting A3's/A4's/A'5s. For instance, I bought ARG today at 32.50 at 10:15;14AM. I apologize for not posting a chart, but...

From last Thursday when we went over this before...in the interim, may your biggest worry in life be a complete stranger's postings on a messageboard: 03-19-09 04:38 PM a) I’d hope that anybody who posts anywhere here has a quest of becoming a better trader. b) Many people keep...

With the exception of professional gamblers/poker players, when people are at casinos, they are there for one reason: entertainment. In absolutely no way do I think that the stock market is the equivalent of a casino; furthermore, I get really riled up when someone with no knowledge of how this...

On Wednesday (and then again yesterday), the markets as a general grouping had one of their most extraordinary showings in recent memory- even in an extraordinary time. Equities traded lower for a chunk of the day before vaulting higher…and then selling off anew with gains of about 1.5% across...

a) I’d hope that anybody who posts anywhere here has a quest of becoming a better trader. b) Many people keep missing my two main points: First, I have zero incentive to post here. All I am trying to do is help. I wish when I was starting out that I had an idea source to turn to along...

The only thing I disagree with here is that ignroance is not totally bliss. You should know the news in the stock, but if it is not acting as you think it should, act accordingly. In any case, good luck.

Because it's not a journal per se. If a mod tells me to go to the journal section, I happily will. I've thought about doing so, but again, I don't consider it a journal. But it is as the subject says 'day trading thoughts.' I not only want people to respond to my stuff, but to post their own...

Three things- 1) I cannot even pretend to guess why stocks move the way the do in individualized situations like this. I can give you a canned response like "maybe the bad news was factored into the stock" or go even fancier and make myself sound like an analyst by noting "I am guessing the...

Tomorrow, I will write a more detailed explanation of what happened yesterday as things sort out a bit, but for today, I have to write the following piece as this is amazingly arguably more important for the day trading world in my head (and I’m not kidding) as the next two days are fraught...

Agreed and thank you. Every 'win,' i.e. beating an 'analyst' estimate' is not necessarily a high quality win so I for one appreciate the extra color you put on this.

Thank you for the specifics because those numbers really put the 'surprise' into perspective. I agree that any housing data is volatile particularly at this point and the cynic in me continues to question the veracity of any government data, but my two main points remain the same. First...

As announced yesterday, new U.S. housing starts surprisingly surged just over 22%. According to the Commerce Department, the jump in housing starts (to a seasonally adjusted rate just shy of 600,000 units) was the biggest percentage gain since January 1990. More importantly, it was the first...

This past Monday (March 9), something occurred which had not been present in a very long time- a bit of Monday merger mania. The terms of the Dow Chemical/ Rohm & Haas (DOW/ROH) deal were finalized at the original deal price after a long saga. Roche ended up raising its price for Genentech...

What occurred on Friday is one of the primary reasons I get into the office so very early. Besides the everyday things I do (this commentary, compose a watch list, and such), I am able to get early clues for how the day will progress. Sometimes all one has to do is pay attention and one cannot...

The American Association of Individual Investors (AAII) focuses on the individual investor rather than professional traders or institutional investors. The organization has a poll which has been published for a very long time in which the AAII’s members are asked whether they are bullish...

Thaks...I try. I am certainly not always right, but I certainly try to set u pa game plan...like today, my thought was that we'd stay a bit lower, but the financials did gain a bid per what I said so I went long a host of them as they got positive onthe day after opening lower. I simply try to...

OK. Please do not think I am going for a hysteria angle here, but in line with the whole mark-to-market piece I wrote the other day, my mind is on some accounting stuff. Why, I don’t know, but it is. And it suddenly made sense what was bugging me: statistics are whatever one wants to make of...

For those not familiar with it, the uptick rule was a feature present in the stock market for many years. The rule calls for a short sale to only occur at the last sale price if it is higher than the last different price. Ergo, if a stock is trading at 71.99 and you wanted to short it at the...

Mark-to-market accounting utilizes a principle in which a value is assigned to a position held in a financial instrument based on the current price for said financial vehicle. The practice of m-t-m accounting became common among futures traders in the 20th century which eventually spread a bit...