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LOL!

Getting real close. Friday some demand came back in but so far hasn't been enough to push it up to 100 today monday 14th. Nevertheless, after it fills the Gap it could head north again before the day ends. Just have to wait and see. Or it could slide south more.

What are you looking at? The bid/ask or intraday charts? What are you timing your entry on? An intraday chart or bid/ask pattern? Or daily chart??

I would say a sideways trend (sideways on daily chart..bearish trend on weekly) since the 1st Nov. And yes it is about to change trend to up or down. The weekly chart shows demand coming back in. Should be able to tell more about which way it will trend monday. I lean toward bullish.

What about this senario? In the end what if IB ended up with the 9 thousand or so dollars. Maybe they took the other side and sucked down his other account since they knew he had 15,000.00 and they could get it monday. GOOg opened down low on the day so maybe they figured they it would...

Sorry Hydro, My previous email was to someone else. I thought it was talking to another person. My mistake. However, you might find some of the things apply to you?? or maybe not?? I couldn't edit the email as time had passed for editing. Anyway I thought I was talking to someone else so the...

I think it was you who mentioned books first! Wycoff to my recollection. So, maybe you should quit reading wycoff and start trading. It is VERY apparent YOU don't have an understanding of tape reading. You are stuck on just wycoff's definition. Is he your guru or what? In case you don't know...

Yes indeed. And you have some demand coming back maybe you will end up with a profit.

I really thought VLO would trade below yesterday low already but it hasn't which does indicate a "little" demand coming back in. By the close should have a better view for monday. Nevertheless, some money could have been made on the drop from 98.25 to 95.41. I just figured it would have already...

Agreed. Wycoff is pretty clear. But my point is he isn't the ONLY expert on tape reading in those early years. Therefore, his method is certainly not the ONLY way of reading the tape. I agree to each to his own. And I am am sure semantics have a part in this. And also short-term is...

You are absolutely 100% wrong if you think tape reading is an intraday strategy ONLY. The facts are it CAN be applied to daily even weekly or monthly. Tape reading can but does not have to only seek to capture quarters..50 or just a point or two. And it certainly doesn't have to be just...

It is tape reading! You can absolutely do it. I have on many occasions. However, it is not the only ONE way to tape read intraday. You can also tape read just by looking at intraday 5 minute..15 minute...30 minute charts and correlating that info with the volume bars to come to an interpretation...

Tape reading using the bid/ask spread and size is one way to intra day tape read. But it is certainly not the only way. One can also use intraday simple bar charts and correlate that with volume to determine next probable price move. Now, if one is using bid/ask then obviousley one has to...

Trader28 I do not think he is EXPECTING something in return. He simply is referring to good manners. It can't hurt to say thank you can it when someone does something or gives something? That is just common courtesy.

That is alot of bragging for a newbie. Make a few calls for us and lets see how good you are. Just papertrading. Don't even have to put real money on it. If you can call the direction right in paper trading say 6 or 7 out of 10 times then you can make some jack with real trading if you are...

Today we honor those that made the ultimate sacrifice. Whether or nor one feels a war was justified or not is beside the point. People died for their country and we honor their death today.

You must have of a superficial understanding of what tape reading is about. Sure, one is open cry and one is electronic but that doesn't matter one tiny little bit. The tape is the tape and prices are the prices, volume is volume and that is what the tape shows regardless if the specialist is...

LOL level 2 is just one way to read intraday price action. You think I don't knowwhat level 2 is about? I just don't need it for tape reading. Contrary to what you may think or say you CAN tape read the Nasdaq or NYSE the same way. I think it is you who doesn't know what tape reading is about...

Great. How about making a few calls for us in ACI steve?

You are about as blunt as a fire hydro!! I doubt his stores where handed to him.