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I'm all out but a small runner for an overnighter. Stop stays at 1266.00. I hope I don't wake up tomorrow to a big mess :mad: Now I gotta go look at some Corvettes :D

A thread that goes from trading to muscle cars is ALWAYS a good thread!

<b>WOW</b>

I drove an older Vette a few years back and that was a monster. I can only imagine what the Z06 is like.

That was a great short entry!

Cramer is finally right about this one. The buying today has been nothing short of incredible. It has been an all out buying spree. Bottoms are put in with major gaps down at the open followed by intense buying. In this case, we got 2 rounds of intense buying the but afternoon session was...

Interesting you say short crude because I was a whisker away from doing that but didn't. It's not unusual for this beast to take intra-day drops and catapult higher so I left it alone.

Of course I did. The greatest amount of emotions occur at tops and bottoms of the market. Does it surprise you that we lifted off and plummted right back down and now we're at lift off again? This is EXACTLY how bottoms are put in. Many of you guys are missing the point here. It's not my...

Parabolic move up here on the 5's so I'm 1/2 out.

I'm long from 1266 and holding. It ain't about being right or wrong. It's about having a plan and trading that plan. My stop is at Break Even and I will sell my position down as the day goes on and hold a small amount overnight.

Market will be up HUGE tomorrow. I have not seen buying like this in a LONG time!

There is absolutely relentless buying coming into the market. We do need a minor correction here for it to keep going. If we get it the market could very well run into the close without looking back. Put in a stop and close your eyes.

ah ha, we're onto something interesting now. Telling me what you are looking for/at, even if you gave me more detail, doesn't do a thing for my trading and I mean that in a good way. If you are generating profits based on lunar orbits you still need some sort of talent. Trading definitely...

risktaker, this is hilarious! You actually charted his portfolio. Boy, that sure don't look pretty.

Steve, you bring up the most important point -- it really depends on your time frame. Analysis of the markets is definitely open to interpretation. I've always found buying what everyone else is selling and vice versa works best for me but to each his or her own. The OP really isn't giving...

Based on the research I've done the S&P500 trends about 20% of the time and it takes 2 points to draw a line and 3 points to define a trend. If you go back and study the market and look for trends with more than 3 points you'll come away with a very small sample size. So, a trend following...

Exactly the reason why I do not have a news feed, will not listen to CNBC except to get economic numbers, and ONLY pay attention to the charts. The fact that you broke even during your first year puts you WAY ahead of the curve.

And if she does know something, or has some talent why would she come on ET to give it up? If you want to teach or coach for a fee then cool. You just gotta show brokerage statements. Or, you can go the other route. I worked with a trading coach a while back who came clean -- she...

Exactly right, the student is the weakest link.

I totally understand this Thunderdog, I've tried teaching trading and it takes a LONG, LONG time. If you really want to become a great trader just try teaching it. It's easily harder than trying to learn how to trade yourself.