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How true!....now stop your flirting with Tanya, and we will be in total harmony!!!! I have enough to worry about with her and Don Bright. I need you getting involved in this love traingle like I need a third armpit. :) RS7

I like that Publias talks about "fear" in a tone that does not use the word. Respect and vigilance are better. To paraphrase Mark Douglas from "Trading in the Zone", one must be fearless, but not reckless. For me, it was the essence of the book. My .02, RS7 (an older guy with...

First, thanks for the compliment! I don't like to buy a stock at the high of the day....well it's more really a matter of not wanting to buy run ups. If the market is gently trending up (or down for shorts), I will nibble. And hope to slowly build a position. What I will not do is buy a stock...

You know I kind of blew this whole thread to a degree by not clarifying that this momentum kind of trading with dips (bounces on shorts) really applies more to afternoon trading. In the morning, obviously it is tougher to see a trend, just because less time has passed, and there is generally a...

Daniel, I understand what you mean. But I was at the gym, then had lunch, and it seemed like when I got back to my office I walked right into a giant run up. So for me, my timing was bad because I wasn't around early enough to build a position. If I had been there, when the market went from...

Bought banks, brokers and techs. Liked the drugs, buy they seem not to follow through (at least for me). I did not take shorts as a hedge. I know a lot of guys that take overnights go mixed. It seldom if ever works for me. I just go long or short. My hedge is how light or heavy I am. Today I...

Nope, the Mazda was an RX7. And RS7 is just my initials and the month I was born (Yankee doodle dandy).

ON With the show!!! I like this quote a lot. It really says a lot about my personal style as well as the guy's who originally wrote it. We both believe in the "trend". And it is absolutely my belief that you do not have to be the first in. As a matter of fact, it makes no sense to be a...

Well well well.....dreams do come true. Fasterpussycat is actually here. And so far hasn't slammed me. I must be doing something right. But it is early yet:( Anyway Faster, welcome to the fray. And sadly, as I am sure you well know, SuperEgo was not me. However, I will admit to using another...

Daniel...you keeping up with the news today?

This is true. But keep in mind an opportunity lost is not money lost! And they always come around again. :)RS

while waiting for my dip: Another SIMPLETONS approach. As I mentioned, I just don't seem to be able to time things perfectly. For this reason, I will tend to get involved in a lot of small positions rather than a few large ones when I decide it is time to take the plunge. I will not get...

Perfect! Looks better here (my office). Saw it at home, and the font looked too small. Must be my browser settings. Thanks!! RS --- The trader formerly known as Ratshit, the guy without a signature, and other assorted bad stuff. Where Is My Dip? Can't buy here. Just can't do it!!

Ok, back from the gym. Was thinking about relative strength while I was there, which seemed appropriate. Worked out with my brother in law. He lifts competitively. He weighs almost 100 pounds more than me. So how much more does he need to lift than me to have more "relative strength"? Well of...

You are right..I had to empty my mailbox because everyone was telling me to, and I forgot to save the sig....send again. Besides, it's fun to break your balls. :)Ratshit 7 ....Has a ring.

I am in a bit of a rush...going to the gym. But briefly, there can be no "rain on my party" I want and appreciate the tough questions. And I will answer them as best as I can. If it is too specific, I will PM when possible. But I only have a finite amount of time. 1. Relative strength...

sorry my friend, I have been trading. I am trying though. I can only do that. I said there were no guarantees, and it is certainly possible you will not learn anything. But I assure you, it is not my intent to waste your time, or mine. When I get the chance, I will further explain my...

To get started.... Stocks can do three thing. Go up, down, or stay unchanged. Simple. For now, I will disregard trading the open. As I am today. Which I will explain along the way. But basically, today is a flat open, dow and s&p marginally down. Nasdaq marginally up. Not my kind of market...

No ANCHOR, I drive a Saab Convertable, and a Lexus SUV. Why? (I did have a Mazda RX7 which I loved. But that was more than 20 years ago). I am not rich nor am I poor. Lot's of car payments make me feel poor sometimes. Two other cars for my sons. My daughter doesn't have a car. Just a 40K a...

Read his entire journal... I guarantee you will laugh a lot! I know I did. As would any normally demented person (translation: person who trades for a living). RS7 (where's that signature Publias...I am sorry I said bad things about you. You are the greatest! Where is it?)