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MSFT, Ebay, Yahoo... and many others. There is no point in debating u with u. U are always right and the market is wrong. Maybe the problem is that DELL is %120+ off its lows and is still %40 of its all time highs. Stock has a tremendous amout of overhead supply and its priced very well...

Dude u are sad. Its people like u that make ET a joke. --MIKE

Guys its not really marty. Trust me on this. --MIKE

Waggie. Why do u consistently hype all the earnings press reports? U take defense for all these companies and always paint them with a bullish brush.. even when they drop in after hours. U are instructing wall street how they should run their money?.. Apparently the big boys dont like DELL...

MECRO now that u recieved my trade log for the YM.. I hope u and Waggie stop bashing me about not really trading. I never stated on ET that I do huge size (millions) and I always acknowledged that although I consider myself a fulll time professional trader... I am no where near super trader...

I dont have the data on hand. But I do know that if u relate the gas price in relative terms of inflation... in 1970's it would be as if they were paying $4-5 galon at the pump. So in 1970s it was much more of a shock. Also the overall economy was not pumped up with money as this one is...

IWM is my bread and butter. I also trade the ER2 (futures) once in a while. It trends better than other liquid instrument related to the stock market.. which makes sense because it has volatility and super liquid. I really preffer to swing the Russel.. but once in a while I will fire off an...

Good question... but its almost impossible to do this anymore. David Floyd used to preach that all u needed is 3 stocks to watch and u can make a living. Recently he gave up this idea. Given the poor volatility, problem with fills, loss of bullets, crappy range, poor follow through... there...

Even Waggie will disagree with you on this. We both believe markets chop around prior to major economic reports.. especially fed meetings, unemployment, and inflation data. To say that fundies dont matter at all.. is very short sighted. I am not even gonna debate this because its idiotic...

First of all... when professional traders refer to the 200 day moving average.. they are reffering to the SMA. The EMA is only used when mentioned specificaly. The SMA yesterday was 1077.. which is what I use since the reading as of the close today is of course hindsight. Just goes to show...

Actually the 200ma on the S&P was on the exact point... while 1073 is close the 200ma is the exact bottom. Thats when I really loaded up for an intraday bounce. I just wanted to thank you for posting this thread which served as a good psych. indicator. The market was due for a bounce and when...

The S&P nailed that 200ma and ran like a bandit. I bet some big boys were waiting for it to happen and then they pulled the trigger ( i know i was watching).. and then the market never looked back. The Russell, Dow, S&P all fought amongst the 200ma and today they managed to close above...

Thanks I like it too. I hope u rest assure that I went long today and made out well. Thanks again for this excellent thread.. honestly. --MIKE

Actually after i nailed that short IWM trade in the 120's... i have only been playing the Futures. --MIKE

I dont keep track of all your 100 posts per a day... when most of it is pissing contests and fighting with other members. Anyways Mecro... great call.. this thread was the ultimate capitulation. Anyone that would of bought the YM from the open and through out the day would of done very...

Wow nice rally. Looks like u are the dumbass. Today was a superb buying opp. into the weakness. As u will see in the coming days your thread started a day away from a relative bottom. Waggie thanks for yet another great fade. --MIKE

Yea I am starting to go long today.. gonna scale very little size here. --MIKE

I started to scale out my short as they were breaking their 200mas yesterady... not at the EOD today. Nice try. --MIKE

Key word is "appear". In reality as I have posted in countless threads the underlying fundementals are horrible. However, the eco data coming out and earnings are still strong.. so that will pair some of the losses we have seen as the market test their key 200ma. But believe me.. if we...

The easy money on the downside has already been made. When the trend is clearly down on the chart.. like it is right now the risk to reward stinks... unless we are in a potent bear market which is clearly not the case. Since the fundementals still appear to be good excluding interest...