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    Question for Grob/Hershey

    Yes, others. Check the archives and you'll see. Call it whatever you like, ham, apple and broomsticks. All he does is jibba jabba. He never shows real trades. All he has to do is get in the ET chat and go through his trades for one day. Will he take this challenge? One day in the ET...
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    Question for Grob/Hershey

    Can you show me where I've insulted Jack/Grob like that? When speaking about him, I do speak negatively but never personal insults like that. I refer to his methods and means of communication - which are undecipherable. Or that he refuses to put up and show us real trades or statements...
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    Question for Grob/Hershey

    easyrider, just like Jack/Grob you skirt the issues, use condescending language and engage in ad hominem. If you set out to be his student, you are to be commended. You are well on your way. If you notice, I said 'simple minded newbies'. I didn't say all newbies. In any case, as I and...
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    Question for Grob/Hershey

    I picked that name because that's what "Chairman Mao" (the pseudonym of the blogger/trader who first put them forward) calls them. Ad hominem attacks are a sign that one can not marshal any intelligent counter argument. Because simple minded newbies are impressed by his jibba-jabba and think...
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    Question for Grob/Hershey

    64 pages? Oh there's way more than that attempting to unravel the pathetic ramblings of Jack. Look on ET and you'll find hundreds of pages and more elsewhere on the net. That is actually an indictment of his utter failure. I mean, after all the voluminous discussion threads no one can say wtf...
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    Stocks are Going to EXPLODE Higher

    My $0.02 (hey that reminds me, where is mtc ?): Its a Goldilocks market right now. Not too optimistic, not too pessimistic. Back in early August it was much clearer that optimism ruled. Now, I'm notsure. Pretty much all the technical, sentiment, and breadth stuff I look at all say, meh.
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    Question for Grob/Hershey

    I just read this thread prior to logging on and happened to catch Jack/Grob's vitriolic posts. Usually I'm spared Jack's nonsensical ramblings through the 'ignore' feature Baron put in but this time I actually read his words. And I wanted to thank Jack/Grob109 for forever removing doubt that...
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    Question for Grob/Hershey

    Hey, there's no shame in that. I like to say Jeebus because it sounds cool (stole it from Simpsons). Just make sure you have the gaussian mapped out and indexed. And Jack, you will continue to be on ignore until you post entry/stop loss/exit for a trade. Cheers.
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    Question for Grob/Hershey

    Can anyone explain in a concise and clear manner what Gaussian (or normal distribution) has to do with JH's 'method'? I'm assuming when you use 'Guassian' you mean as in statistical distribution, if not what does it mean to you? does it just sound 'cool'? I peeked at this to brush up on my...
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    Freshly Squeezed Analysis

    Fantastic article re China's ticking financial bomb: http://www.investorsinsight.com/otb.aspx " In 2000, non-performing loans were officially nearly 40% of total loans, equal to more than $750 billion. No banking system at any time in history has survived for long with bad debts over 10%...
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    Freshly Squeezed Analysis

    Time Inconsistency and the Greenspan Put "In fact, I submit that Mr. Greenspan's 'technically' upped the ante against himself today [in his Jackson Hole Speech], when he officially declared that policy is becoming "increasingly driven by asset price changes." Let me walk you through the logic...
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    Trading Dummies

    Follow up: I've attached the complete intraday chart (15min) for MOGN. The entry level is green ($26.35ish) and stop loss is $26.20ish Which gave us around $0.15 risk I've drawn a grey rectangle where I approximate most people would have exited, some or all, based on a trailing stop...
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    Trading Dummies

    Chaos, That sounds like an interesting idea and I'm glad that you're modifying it to make it your own unique strategy. I'm not familiar with the ACD method btw, care to explain? Why don't you pick a stock and implement what you're proposing and show us all what you mean. btw that goes...
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    Eye on Interest Rates

    I think I understand better now, you devote a small portion (10%?) to any position, so the GOOG short doesn't really hurt you that much per se. But I think its the principle of it that rubs me - and perhaps others also - the wrong way. As traders its drilled into us to have discipline and to not...
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    Short Term Top in Oil

    http://www.marketwatch.com/news/story.asp?column=Futures+Movers&siteid=mktw&dist= "We may be awash in gasoline by the end of September,"
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    What exactly stockbrokers do?

    Drop into your local friendly neighbourhood brokerage and ask to do an informational interview (if you don't know what this is, read Parachute). Ask to speak to their most experienced broker. He'd love to talk to a young whippersnapper like you, then let im have it with the tough questions.
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    Trading Dummies

    Look for unusual price/volume denoting a liquid and volatile stock Wait for either an inside candle or a counter trend candle to form. This is your 'signal' candle. Go with the trend and enter above/below the signal candle (as trend would dictate) and place your stop (above/below)...
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    Trading Dummies

    For todays (see chart for numbers) MOGN: 1/2] Obviously 'unusual' activity in price/volume so it has our attention It Forms an inside bar My own tweak of the dummies pattern is to go long above this signal candle and to put a stop a wee bit below it. Trail stop if/when it goes your...
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    Trading Dummies

    For yesterday I'll go over BEBE as a dummy play (see chart for numbers): 1] It was on our radar because its price and volume showed a lot of 'unusual' activity 2] It formed a narrow range bar (inside bar) Long or short? I would have shorted and here's why. It gapped down but not that...
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    Trading Dummies

    I wanted to address a topic which has been brought up about 'dummies'. Several people have pm'ed and repeated what sunnyskies asked. That is, they want to know the winning % of this strategy. First, its impossible to give such a number since this is not automated trading but discretionary. I...
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